EURUSD

Quoting Magix

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That was really my point earlier...

Posts filled with fluff...

You been around red, we see these guys come and go all the time. Don't sacrifice your good standings for one guy...people look to you for your trades and charting...you got nothing to prove to him, or anybody else here...

Sit back, relax...you nailed a couple nice trades here, a great short on loon...it's all good mango...

Keep smiling brother.

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Quoting Forexpro30

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The original reaction was as expected as US Dollar Index got stonger and EUR/USD weaker. Many are on holidays and the move by China is now being seen in a positive way in their need to control the inflation by the FED QE2.

Gold is now moving up and the grains are not selling off.

Now we are back in the pattern of before the holidays however there are few traders around other than the retail traders.

The NEW Benchmarks just before I get a few hours sleep is as follows;

EUR/USD...

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Quoting iflyjetzzz

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Nice calls as always. I traded a small position due to the thin markets; bagged an easy 17 pips following you tonite.

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Quoting KillerWhale

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Lol Chicky, that's why I have learned to trade without stops. Half of this year I traded GBP/YEN and never used stops so I know what you mean with huge spikes. Remember the 1,000 pip spike with the Fat Finger trade back in May or so? I came out as a winner!
But in the end I made money that's the important thing.
I don't think Japan will allow it to go below 79.75 so its kind of a safe bet I think.

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Quoting redsword11

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no chart - you have nothing



bring it with a chart then you can cut my throat

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Quoting malcolmb14

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sorry just though I would comment on this. Not picking on you , but there are tons of newbie traders in here that may think it is ok to trade now and wonder why , in the long run they do not make anything. Market will be here for next 365 days in regular nice 120 pip range days .

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Quoting suthmo

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Hi every peoples up to my neck in old charts recording dates and levels in order to mathematically quantify my Ellioscopic super future reading thingamy vodoo wotsit. Catelouging previously undiscovered phenomena unifying a money wave field theory.

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Quoting Piters

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If one paying attention on the market, instead spamming the whole thread against one single trader,... then they'll find some trading opportunity.

[Chart: EU 5min]

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Quoting malcolmb14

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wow... I need some of the good hit you are smoking

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Quoting Magix

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EU 1m....

Possible fall back to support on 200 or daily roll...trigger from here carries us to hourly resistance....

Wouldn't be hopping on a short here...but the 30m has proven to be the stopping tf....who knows....

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Quoting MindfulOne

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There is no doubt that this is a dangerous time to trade. However many of the people I follow here, including you, seem to have opposing opinions on it.

I enter my trades with 10 to 20 pip SL's and no expectations. As soon as I'm near BE I add a 3 to 10 pip trailing stop, depending on the volume. I also risk very little capital, only enough to make the time and trade worth wild.

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Quoting Piters

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yup.. agree, and ready for that.. still no sellers around.. maybe they are still scared from SNB ????? [joke]

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Quoting malcolmb14

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1) life is NOT A DRESS REHEARSAL ( I only post in here when having down time these days). forex can and will take over and destroy your life including relationships ( i have lost one marriage due to being a slave to trading) , health and due to the fact that most loose financial status also as lets face it , stats say 90% do not make it.

2) eu moved 20 pip up off a demand line set 23 / 24 in what 2.5 hrs. I can make 20 pip on gold in 5 min on us / london overlap any normal trading day .

my comment was if you are a scalper and that is your...

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