Ben speaks. This time about the US Economy!!! | Page 2 | Forex Factory

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Ben speaks. This time about the US Economy!!!

  • #21
  • Nov 28, 2006 12:52pm Nov 28, 2006 12:52pm
Quoting BurgerKing
Seems like a prolonged downtrend for the USD. But up to what level?
GBPUSD > 1.9800?
EURUSD > 1.3500?

The only USD cross thats holding is USDJPY thus far.
From my analysis, no wall before 1.34. not a prediction, not an advice, just my analysis.
  • #22
  • Last Post: Nov 28, 2006 1:08pm Nov 28, 2006 1:08pm
Quoting Ghostpipper
anyone fade this thing i tryed to get in at 9520 by the time i entered order it went from 9520 to 9516, no change pip by pip it was a jump does this happen to everyone in news events or is it just my broker?

Faded from 9516 to 9496 20 pips nice
One of my brokers failed to fill me on the way up but they filled me on all 3 fades

The short term price action on that deal was hilarious. Everytime the pound would pop up I would fade it. I hate to admit it but it was becoming fun. I ended up with a judicious amount of pips today, all on little fades. Whatever works I guess.
Profit is where readiness meets Opportunity
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