If there was easy money lying around,no one would be forcing it into your
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
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EUR/USD Trading Room 328 replies
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DislikedGreat question supertubes...sorry don't have an answer for you but hold on there's some really intelligent individuals here that I believe will give you some good guidance...the decision always has to be yours...good luck and congrats on the ongoing wining trade...Ignored
DislikedI don't have access to the news now. If my chart reading is correct, Aussie is going to have a quick drop from this pint. -IMHO-Ignored
DislikedI mean no disrespect so dont take this the wrong way. Not arguing but In my very humble opinion Fundamentally speaking i would be cautious of the QE3 trap as poor economic data by itself is not a catalyst for QE3. QE has been and probably always will be for Spanky (Bernache) at least, a method of fighting percieved deflation. So to justify QE3 i would pay attention to indications that deflation is starting to take hold. What i would use to explain a USD spanking if in fact we get it this week will more then likely be intervention by the EFSF trying...Ignored
DislikedI don't have access to the news now. If my chart reading is correct, Aussie is going to have a quick drop from this level. -IMHO-Ignored
Disliked1.0314
1.0306
1.0290
1.0275
why do I get the feeling that the bears has already been exhausted...Ignored
Dislikedhey papa, I have a newbies' question about how Big Boys enter and exit their trade. For example, June 29th we had a big rise from 1.003 to 1.025. Those people have long at that time, did they exit their trade? Or they did it day by day when Aussie went up to 1.03?Ignored
DislikedHi Papa,
On my weekly chart posted last week, I see that the Kijun-sen of the Ichimoku falls at 1.0233 and that happens to be the cloud bottom and we may see a bounce from there. The Tenkan-sen is way down at 1.0011 as of today. Do you see it drop to the later level?
CheersIgnored
Disliked1.0315 is an area of resistance-turned-support. Question is how high it bounces and when will it break through.Ignored
DislikedH4 targets,
10314
10306
10290
10275
Attachment
it's hard to believe that we're already at the bottom , or are we really?Ignored