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  • #122,261
  • Jul 16, 2009 10:51am Jul 16, 2009 10:51am
Quoting flofri
What in the name of our dear Lord are you saying?
China is full of dollars. Fk they have more dollars than the US Government. WHY would they want to buy MORE dollars when they are sitting on a shit load of dollars already???

E/U - SELL = buy dollars. If China is selling @ 4150 like some say here it means China is actually exchanging Euros for Dollars. Does this bull shit rumor make sense to anybody?
  • #122,262
  • Jul 16, 2009 10:52am Jul 16, 2009 10:52am
Quoting flofri
What in the name of our dear Lord are you saying?


Im sorry, I know my post is not related to the thread, but this post just cracked me up because I was thinking the same thing.
On a journey to consistency.
  • #122,263
  • Jul 16, 2009 11:09am Jul 16, 2009 11:09am
Quoting Tataocb


Im sorry, I know my post is not related to the thread, but this post just cracked me up because I was thinking the same thing.
Yep,..
  • #122,264
  • Jul 16, 2009 11:12am Jul 16, 2009 11:12am
Today just USD/CAD has clear Trend.
  • #122,265
  • Jul 16, 2009 11:13am Jul 16, 2009 11:13am
Nevermind. I might be on crack or some other people I don't name might be on cack. I'll keep my opinions to myself (the rumor with China being in bid at some levels is plain bull shit).
  • #122,266
  • Jul 16, 2009 11:15am Jul 16, 2009 11:15am
Quoting TheFisherman
Nevermind. I might be on crack or some other people I don't name might be on cack. I'll keep my opinions to myself (the rumor with China being in bid at some levels is plain bull shit).
Do your opinions help to make money?
  • #122,267
  • Jul 16, 2009 11:16am Jul 16, 2009 11:16am
Quoting MyForex321
Today just USD/CAD has clear Trend.
Clear Trend?
Si vis pacem, para bellum.
  • #122,268
  • Jul 16, 2009 11:20am Jul 16, 2009 11:20am
Quoting Duce
Clear Trend?
Very clear.
  • #122,269
  • Jul 16, 2009 11:25am Jul 16, 2009 11:25am
Quoting MyForex321
Very clear.

You must be referring to the sideways ranging trend its been in all day lol.
  • #122,270
  • Jul 16, 2009 11:27am Jul 16, 2009 11:27am
Quoting MyForex321
Very clear.
seconded
  • #122,271
  • Jul 16, 2009 11:32am Jul 16, 2009 11:32am
Quoting Alihuzaifa
seconded

Price of DC openned at 1195 and is now 1182 - some trend
  • #122,272
  • Jul 16, 2009 11:34am Jul 16, 2009 11:34am
Buy EUR/USD at market for 2 days.
  • #122,273
  • Jul 16, 2009 11:35am Jul 16, 2009 11:35am
Looks like.. EU moving Up..
  • #122,274
  • Jul 16, 2009 11:35am Jul 16, 2009 11:35am
Ok, here's my view. I went to a 4H chart because lower than that just looks like noise right now.

My possibilities are:

1. Break of 1.4126 and an eventual top at 1.4220.

2. Bounce at 1.4070, then 1.4220.

3. Bounce at 1.4050, then 1.4220.

4. Fall to around 1.4000 before bouncing.

Im thinking it will probably fall before continiung to go up. However I woke up late this morning, so I couldn't catch the top at 1.4164, although i probably would have entered short 1.4150. So for now Im just going to watch. I favor a fall to 1.4050 and see where price goes from there.

I could be way wrong, I havent taken fundmentals into account, and Im still a newbie.
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On a journey to consistency.
  • #122,275
  • Jul 16, 2009 11:37am Jul 16, 2009 11:37am
Just wondering, what in theory are the implications of the break of the triangle in daily ?
Don't be a hero. Don't have an ego. Always question yourself
  • #122,276
  • Jul 16, 2009 11:38am Jul 16, 2009 11:38am
Quoting MyForex321
Buy EUR/USD at market for 2 days.
I did Buy 1.4100, and I'll hold for 2 days.
  • #122,277
  • Jul 16, 2009 11:42am Jul 16, 2009 11:42am
Quoting TheFisherman
China is full of dollars. Fk they have more dollars than the US Government. WHY would they want to buy MORE dollars when they are sitting on a shit load of dollars already???
Beacuse they are holding the wrong ticket and want to get off the dollar train
  • #122,278
  • Jul 16, 2009 11:42am Jul 16, 2009 11:42am
Quoting Atlast
The market is looking weak, a move back to median line support at 1.4039 is on the cards.
are u serious?
how did you come up with this?
  • #122,279
  • Jul 16, 2009 11:45am Jul 16, 2009 11:45am
Quoting Atlast
Beacuse they are holding the wrong ticket and want to get off the dollar train
Atlast, what was the wrong ticket? Euro? Are you serious? You think China is doing speculation/trading for profit on E/U? That's absurd.
  • #122,280
  • Jul 16, 2009 11:49am Jul 16, 2009 11:49am
Rumours...rumours...rumours.... come on guys............
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