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- sid7121 replied May 11, 2009
seems to be a quick move down.Not surprising.
- sid7121 replied May 11, 2009
US session will be a big one today.If the dow goes down the dollar might see some support there.US futures indicates that the DJI might fall today.I have still gone short with Tp at 3530
- sid7121 replied May 11, 2009
i agree, i have gone short too, i am looking at 3500.
- sid7121 replied May 11, 2009
3134? or you mean 3534?
- sid7121 replied May 10, 2009
hey malcolm, what do you expect will happen to the cable and euro? time to go short of eur/usd?
- sid7121 replied May 10, 2009
good plan, i plan to do the same, i am still holding a long position just like you, i think the price will rebound off 1.3400-3430 mark where i will go long again. What you think?
- sid7121 replied May 10, 2009
so you think euro will go down?
- sid7121 replied May 10, 2009
thank god no gaps, now we can put that to rest.I hope euro goes up
- sid7121 replied May 10, 2009
wow the sentiment has changed really, we see many bears now compared to friday for example.I am still a bull, where are ya ma buddies
- sid7121 replied May 10, 2009
Also Fannie reported a 20 billion dollar loss on friday, wonder what effect will it have on the Dow and EUR/USD?
- sid7121 replied May 10, 2009
thanks mate, u bet i need it too..holding big positions too.
- sid7121 replied May 10, 2009
lol ibfx here too, i heard they are good at manipulation.If it gaps down i wouldnt be surprised to see ibfx not gapping down.
- sid7121 replied May 10, 2009
thats a blow for the euro.I am still long, i am hoping i will be able to get out before it goes down.I dont really understand the strength in euro.Seriously, US has big problems but all the focus seems to be on US only.No one sees how bad the ...
- sid7121 replied May 10, 2009
fxstreet says the same too...however i believe its completely rubbish.Just a technical glitch.The markets will open at 3638
- sid7121 replied May 10, 2009
I agree re: divergences.I dont think we will see 3400 levels but i think we will see 3530 levels this week before a move up again.I think 3500-3530 is a pretty decent consolidation level.
- sid7121 replied May 10, 2009
hey mate, how can you be so certain of the gap? is your broker showing the gap now? interbankfx is showing nothing
- sid7121 replied May 9, 2009
well thank you for your tip but you completely missed the point.I was not going on about gaps, i was only going on about how come (as in where)these websites get the data when there are no news around.I have traded the gap before, successfully, ...
- sid7121 replied May 9, 2009
well its not uncommon, i have seen 100 pip gaps not so long ago.
- sid7121 replied May 9, 2009
forex-market.com is showing bid 1.3636 and ask as 1.3402, so i guess its back to normal now might be minor technical adjustment.
- sid7121 replied May 9, 2009
well its a discussion board what do you expect? xe.com and oanda says may9th updates on cable and they have it at 1.5084