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EURUSD

  • #673,981
  • Aug 1, 2012 9:26am Aug 1, 2012 9:26am
The market is setting up for two possible moves....

Good news or Bad news out of FED
and Good news or Bad news out of Draghi

Either way either news, the market will still respect ELLIOT Waves...and which is why there so many believers in Elliot wave theory

For Fundamentalist, based on the news the market moves, so they also believe that fundys move the market.

Good Luck guys....
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PPP - Patience Pays PIPS
  • #673,982
  • Aug 1, 2012 9:26am Aug 1, 2012 9:26am
Quoting MaxDoom
I think you have answered your own question - the fact you don't know means they don't have to....

I think that they will keep it in the back pocket until they really need to bring it in later in the year,
i will sleep like a dead snake when FOMC have there meeting release
but each usa bad data put qe hope on table , but i don't expect before sep
Mohan
  • #673,983
  • Aug 1, 2012 9:28am Aug 1, 2012 9:28am
Quoting mohan76
i will sleep like a dead snack when FOMC have there meeting release
but each usa bad data put qe hope on table , but i don't expect before sep
dead snack? =/
  • #673,984
  • Aug 1, 2012 9:29am Aug 1, 2012 9:29am
Quoting rustyram
The market is setting up for two possible moves....

Good news or Bad news out of FED
and Good news or Bad news out of Draghi

Either way either news, the market will still respect ELLIOT Waves...and which is why there so many believers in Elliot wave theory

For Fundamentalist, based on the news the market moves, so they also believe that fundys move the market.

Good Luck guys....

that might be four -

ECB FED
Good + Good = neutral ?
Good + Bad = EU +ve
Bad + Good = EU -ve
Bad + Bad = neutral ? (buy the GBP)
  • #673,985
  • Edited 9:33am Aug 1, 2012 9:32am | Edited 9:33am
Quoting Johnny Bravo
ill rather wait 10pips...pending order short @ 1.22900
lets see
wishy washy.
targeting 1.2278 ..
or close at BE...I dont care.

Cheers
aligater
born to speculate
  • #673,986
  • Aug 1, 2012 9:33am Aug 1, 2012 9:33am
Quoting Mr. Freeweed
dead snack? =/
looks already sleeping
dead snake
Mohan
  • #673,987
  • Aug 1, 2012 9:34am Aug 1, 2012 9:34am
Quoting Vilkas
need to test new low
I don't know.. It seems there's too much work today. Too many fakes. Now we're moving on former ECB members talking.. LOL.
  • #673,988
  • Aug 1, 2012 9:34am Aug 1, 2012 9:34am
#5195

#5201

Okay okay ...

Quoting mercy seat
Loaded some short @ 1.23350 ...

09h20 CET





;-|

You can think about A REVERSO ...


Quoting mercy seat
Parts covered here and now @ 1.23080 ...

11h44 CET

Unwinding time ...

Take some nice profits from the table ...

OCO with profit stops for the rest ...





;-|
Covered all @ 1.22990 ...

16h22 CET




palim palim ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #673,989
  • Aug 1, 2012 9:35am Aug 1, 2012 9:35am
hey guys does it looks same?


if yes then we are going down......
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Attached Image
No place for mistakes
  • #673,990
  • Aug 1, 2012 9:54am Aug 1, 2012 9:54am
Quoting Soldier
hey guys does it looks same?


if yes then we are going down......
Yes ... nice theory ... and we know them all ...

But unfortunately it doen't look like this ...

And therefore we play it A DADA!





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #673,991
  • Aug 1, 2012 9:56am Aug 1, 2012 9:56am
Quoting Soldier
hey guys does it looks same?


if yes then we are going down......
Looks different too me. One is a wedge from a bearish run and one is a wedge from a bullish run. You may want to reconsider. In addition, in this climate the probability that your chart will be the perfect scenario is reduced. imo.
  • #673,992
  • Aug 1, 2012 9:59am Aug 1, 2012 9:59am
Quoting sdcasper
Looks different too me. One is a wedge from a bearish run and one is a wedge from a bullish run. You may want to reconsider. In addition, in this climate the probability that your chart will be the perfect scenario is reduced. imo.
ok bullish or bearish both goes down, check this out.
Attached Image
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  • #673,993
  • Aug 1, 2012 10:02am Aug 1, 2012 10:02am
PM Monti says bank license for EU rescue fund will happen
  • #673,994
  • Aug 1, 2012 10:05am Aug 1, 2012 10:05am
Quoting scalperdebes
PM Monti says bank license for EU rescue fund will happen
that was 1h ago
Mohan
  • #673,995
  • Aug 1, 2012 10:05am Aug 1, 2012 10:05am
too much BS controversy.damn!
  • #673,996
  • Aug 1, 2012 10:06am Aug 1, 2012 10:06am
04 just turned resistance
  • #673,997
  • Aug 1, 2012 10:06am Aug 1, 2012 10:06am
Quoting Soldier
ok bullish or bearish both goes down, check this out.
You may be right...but how far of a decline?



We've been ranging + /- 40 pips for some time now. The fact that this is taking a long time to gather enough momentum for any kind of break out, already suggests we are bottoming out.
  • #673,998
  • Aug 1, 2012 10:08am Aug 1, 2012 10:08am
Quoting mohan76
that was 1h ago
well, did anyone posted? I know you have plenty of news sources, pls post more to benefit others.
  • #673,999
  • Aug 1, 2012 10:14am Aug 1, 2012 10:14am
Quoting scalperdebes
well, did anyone posted? I know you have plenty of news sources, pls post more to benefit others.
usually these comment worth for few minutes, not intent to offend you

my cable long so out for +1 pip i should hve booked with +11
Mohan
  • #674,000
  • Aug 1, 2012 10:15am Aug 1, 2012 10:15am
I almost didn't find the Eurocrisis live blog today so I'm posting the link here in case people want to look at it...
http://www.guardian.co.uk/business/2...y-urges-action
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