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  • #302,601
  • Oct 7, 2010 9:14am Oct 7, 2010 9:14am
Quoting Mr Hatch
mid hasn't been touched, but beware of the power of wedges...
done.
  • #302,602
  • Oct 7, 2010 9:16am Oct 7, 2010 9:16am
Quoting jacob_ice
Is this a trend of reversal already? My calculation must be off, I was expecting to reach $1375 before any retracement. XAU was doing so well in the past weeks.
depends how for it goes. the guys who got in last are closing... just a pullback atm
those who can, do. those who cant, talk about those who can
  • #302,603
  • Oct 7, 2010 9:16am Oct 7, 2010 9:16am
like tim geightner said , us treasury secratary said, when it comes to currency manipulation, The US has a bazooka, they can just about do anything at will,lol
  • #302,604
  • Oct 7, 2010 9:17am Oct 7, 2010 9:17am
Quoting Mr Hatch
a few hours to go, but the daily candle looks nice so far. stoplosses moved to be.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #302,605
  • Oct 7, 2010 9:18am Oct 7, 2010 9:18am
Got to go. Happy pull-back all!
If you're not part of the solution then you're part of the problem.
  • #302,606
  • Oct 7, 2010 9:18am Oct 7, 2010 9:18am
Just profit taking - its a big fib - and some decent selling along.

Bullish bias.
They think they are smarter than I am.
  • #302,607
  • Oct 7, 2010 9:18am Oct 7, 2010 9:18am
Quoting Pipalot
Before everyone starts to get all excited again over this down movement, i would like to share my view:

There is still anti-dollar sentiment and for me this is simply a profit taking correction. I feel that the currency could still rally to 1.4100 over the next week or so IF the US NFP report is not as good as what people think. This will in turn put added pressure on the dollar. Just my view, we must wait and see. Hope you all enjoyed the excitement though - good luck to you all......
each tick higher threatens the euro's survival long term. each tick higher makes china stronger verses the ez. open your eyes.
those who can, do. those who cant, talk about those who can
  • #302,608
  • Oct 7, 2010 9:19am Oct 7, 2010 9:19am
the usd/jpy didn't change to much... maybe the japan will enter to into the game soon
  • #302,609
  • Oct 7, 2010 9:20am Oct 7, 2010 9:20am
Quoting gatorinla
each tick higher threatens the euro's survival long term. each tick higher makes china stronger verses the ez. open your eyes.
#1 baby bear
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those who can, do. those who cant, talk about those who can
  • #302,610
  • Oct 7, 2010 9:21am Oct 7, 2010 9:21am
Quoting gatorinla
depends how for it goes. the guys who got in last are closing... just a pullback atm
Mine was closed with SL $1350(in green up 300pip). It was already in green since I entered at 1346ish. Argghhh..Should've closed while it was at 1360 for higher pip if only I had known.........
  • #302,611
  • Oct 7, 2010 9:22am Oct 7, 2010 9:22am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting gatorinla
each tick higher threatens the euro's survival long term. each tick higher makes china stronger verses the ez. open your eyes.
My eyes are wide open my friend and have been since the 13th September. You enjoy calling your tops and your shorts and whatever else you call. Have fun kid.
  • #302,612
  • Oct 7, 2010 9:22am Oct 7, 2010 9:22am
Quoting EuroTrader
the usd/jpy didn't change to much... maybe the japan will enter to into the game soon
yes.

intervention is imminent.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #302,613
  • Oct 7, 2010 9:23am Oct 7, 2010 9:23am
Quoting ziko123
http://www.forexfactory.com/showpost...stcount=299659

didn't I tell you on oct 1st that 1.4 is a guarantee

now I'm closing my longs and will short @1.4040 as I explained yesterday for 3500 pips gain by april 2011,

http://www.forexfactory.com/showthre...bc#post4077598

as I said, it was smart closing longs @1.4020 but the cowards didn't bring price to 1.4040, just brought it to 1.4028, did you you how gold tanked at this level as I said in following post to short gold, eur and jpy once euro goes to 1.4040

http://www.forexfactory.com/showthre...bc#post4077598
  • #302,614
  • Oct 7, 2010 9:24am Oct 7, 2010 9:24am
Quoting Z3iz3i
Just profit taking - its a big fib - and some decent selling along.

Bullish bias.
Do you think that EUR will pull back its way to 1.4 area?
  • #302,615
  • Oct 7, 2010 9:24am Oct 7, 2010 9:24am
Quoting majorusa
I am heavily short. Should I hope that this is the light at end of the tunnel and not the train coming full speed? Finger crossed. Go shorts!
Cover tomorrow before employment data and go long,

we have 2000 more pips here to take. Dollar is dead.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #302,616
  • Oct 7, 2010 9:24am Oct 7, 2010 9:24am
Quoting gatorinla
depends how for it goes. the guys who got in last are closing... just a pullback atm
finally a sigh of relief. this bounce right now should be contained by 3960. my longer term (approx. 48 hours) view, without anything f*** up my ideas.
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  • #302,617
  • Oct 7, 2010 9:26am Oct 7, 2010 9:26am
Quoting Pipalot
Before everyone starts to get all excited again over this down movement, i would like to share my view:

There is still anti-dollar sentiment and for me this is simply a profit taking correction. I feel that the currency could still rally to 1.4100 over the next week or so IF the US NFP report is not as good as what people think. This will in turn put added pressure on the dollar. Just my view, we must wait and see. Hope you all enjoyed the excitement though - good luck to you all......
I disagree somewhat. Trichets comment is changing the anti dollar sentiment big time. NFP report is not expected to be good...BUT sentiment is changing back to risk off as the Chinese trading policy clearly did not go over well with Europe (and the US of course). The only thing that will pressure the dollar now is the FED. Gold will likely take a breather as well as oil.
  • #302,618
  • Oct 7, 2010 9:27am Oct 7, 2010 9:27am
Quoting ziko123
gold tanked at this level as I said in following post to short gold
Gold tanked? -7$ Short Gold and long USD just before QE, smart move, dude.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #302,619
  • Oct 7, 2010 9:30am Oct 7, 2010 9:30am
Quoting SkyzerFX
Gold tanked? -7$ Short Gold and long USD just before QE, smart move, dude.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #302,620
  • Oct 7, 2010 9:33am Oct 7, 2010 9:33am
This is why it bounced down.

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