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EURUSD

  • #207,021
  • Mar 5, 2010 4:30am Mar 5, 2010 4:30am
Quoting skiffx
M.K. sees EU dropping toward 1.35 level.

I actually find MT4 charting better than Saxo, still use both though.
I used to subscribe his forecast, the disadvantage of his forecast is he is only chartist and not a fundamentalist. if I compare M.K with Ashraf laidi, the best is Ashraf. A.L can very good in knowing the economics in the country.
  • #207,022
  • Mar 5, 2010 4:32am Mar 5, 2010 4:32am
Trade locked between 1.3620 and 1.3550 before NFP's
No risk, No Glory.
  • #207,023
  • Mar 5, 2010 4:33am Mar 5, 2010 4:33am
For instance, A.L forecast his euro/dollar on Jan4, will fall toward 1.32.
  • #207,024
  • Mar 5, 2010 4:36am Mar 5, 2010 4:36am
Quoting forex888
For instance, A.L forecast his euro/dollar on Jan4, will fall toward 1.32.
Good to know, I decided to try MK for 3 months for 150$ or something, cant say that I will stay with him.
  • #207,025
  • Mar 5, 2010 4:37am Mar 5, 2010 4:37am
Quoting Trading Cat
hehhehe ok just testing send an email to this service to see what all the fuzz is about.

to skiffx:
I have 2 mt4's open and fxcm as well 4 monitor layout so enough space to accommodate all this. Mt4 is ok but I prefer saxo. Now dont laugh I used to trade with igmarkets and their advanced chart where very nice to work with...
but I am as said before very used to saxo so I stay
Yeh I have 2 mt4 and saxo open with 3 monitor setup hehe
  • #207,026
  • Mar 5, 2010 4:48am Mar 5, 2010 4:48am
Today is a bad day to trade
{Promotion Removed}
  • #207,027
  • Mar 5, 2010 4:50am Mar 5, 2010 4:50am
Quoting jcalberto
Today is a bad day to trade
Wait 2 h 30 min -- it will be interesting
  • #207,028
  • Mar 5, 2010 4:51am Mar 5, 2010 4:51am
Quoting jcalberto
Today is a bad day to trade
10 minutes German factory orders could move things...........
Don't be a hero. Don't have an ego. Always question yourself
  • #207,029
  • Mar 5, 2010 4:53am Mar 5, 2010 4:53am
Hi. Can anyone tell me what effect NFP has on this currency pair? Goldman Sachs who are, apparently, the most accurate forecasters have estimated -100k which is worse than forcast. If this is the case, does the dollar or the euro strengthen?
  • #207,030
  • Mar 5, 2010 4:54am Mar 5, 2010 4:54am
Quoting Seki
Wait 2 h 30 min -- it will be interesting
Hope So..
  • #207,031
  • Mar 5, 2010 4:57am Mar 5, 2010 4:57am
Quoting USD-Bear
10 minutes German factory orders could move things...........

yes 5 pips up
No risk, No Glory.
  • #207,032
  • Mar 5, 2010 5:01am Mar 5, 2010 5:01am
Quoting USD-Bear
10 minutes German factory orders could move things...........
I doubt it...today is the NFP day...no one is going to take position regarding German orders
COT: The precious data ignored
  • #207,033
  • Mar 5, 2010 5:02am Mar 5, 2010 5:02am
Risky, but long @ 135.9 tight SL
Don't be a hero. Don't have an ego. Always question yourself
  • #207,034
  • Mar 5, 2010 5:02am Mar 5, 2010 5:02am
A non mover pretty much.
  • #207,035
  • Mar 5, 2010 5:02am Mar 5, 2010 5:02am
I think the German orders prove a point. Weak Euro = good for European exporters.
  • #207,036
  • Mar 5, 2010 5:03am Mar 5, 2010 5:03am
Quoting USD-Bear
Risky, but long @ 135.9 tight SL
Yes too risky....it still can go towards 1.3620 though but it's more downward oriented right now
COT: The precious data ignored
  • #207,037
  • Mar 5, 2010 5:04am Mar 5, 2010 5:04am
Quoting jcalberto
Today is a bad day to trade
not for gamblers.
  • #207,038
  • Mar 5, 2010 5:06am Mar 5, 2010 5:06am
Hope to test 21 SMA before resume downtrend
No risk, No Glory.
  • #207,039
  • Mar 5, 2010 5:10am Mar 5, 2010 5:10am
Quoting Seki
Wait 2 h 30 min -- it will be interesting
the us data is forecasted bad..

but it can be better then expected..

So our PA can go first up,then down..

the 2 releases can shake all of us...a braveheart to trade I have one I think
" Accepting losses is the most important single investment devise "
  • #207,040
  • Mar 5, 2010 5:10am Mar 5, 2010 5:10am
Usually USD is inversely correlated to US equities, but during NFP reports, do they correlate positively?
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