EURUSD

Quoting attila

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{quote} the one yesterday was different.. my view was bearish but PA seemed to want one more spike.. I was wrong.. Being bearish there was no point in holding it especially overnite while I was sleeping.. I am currently bearish but flat.

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Quoting mejo

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{quote} Ok, so this stop was there to tell you were wrong, would you play like you did every time you saw that kind of setup? Ok, you are bearish, but that doesn't mean you won't try a L at your first test if setup is correct? Thanks

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Quoting Alorente

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{quote} 1- Perfectly logical move to the top of the range since 2008, fundamentally due to a strong economy. Reversal at 1.68 also logical, due to very strong multi year resistance (Top of the range). 2- CPI lower than target of 2% was a big surprise and caused the current drop. 3- Gold´s rebound is purely technical. 1200 was major support area and also 61.8% Fibonacci retracement level of the move from 700 to 1933. It should drop again in the next few months due to low inflation and a probable dollar rally. Bankers cannot control the Forex markets....

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Quoting pedro319

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{quote} Who knows who's right? However let me tell you something: Once I met a guy from Morgan Stanley whom obviously I wont say the name and he just said this to me: You can never know where the price is going next because we are the ones that move the market by placing orders coordinated with other banks (they call each other and place orders); we make money on both sides of the market, you people (retail for example) only get to scrape once moves are on (late most times and with poor MM). Than I asked him about the levels, he said: WE ARE THE...

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Quoting mercy seat

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Selling since 1.6732 zone ... {image}

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Quoting Magicmen

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Market badly wants to go down but trapped bulls stopping it

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Quoting attila

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{quote} I will try longs, but I'll treat them as counter trades.

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Quoting mejo

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{quote} ok, thanks, last question for today, i hope i am not bothering you too much. Will you try to short before it gets to 3630? thanks

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Quoting 50pipsperday

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I'm looking at 1.3880 as a possible target.

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Quoting PayTheLimit

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{quote} hey man,good to see ya still alive...

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Quoting KiwiTrada

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UC has hit an interesting level worthan eyeball charts 1 1hr posted 7 or 8 days ago, note- I set the first range up @ the 50 200 sma cross, ("death cross" weekly or higher) chart 2 above chart just updated she has stepped down quite nicely chart 3 weekly note (death cross) mid last year cant find chart posted cause I m on laptop but it has aligned with rising lower tl and presently 50sma, pa has been halted by 50fib, mid whatever and is in process of pullback big question is how big a pull back, possably back to rising tl / 50sma support or where...

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Quoting gatorinla

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i would say the eu lm was acting as support atm.. anyway when the gu gets to 6703 it may be enough to continue lower after to 6615/16 or more {image}

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Quoting KiwiTrada

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{quote} very nice bounce ,3 beautiful candles, bag em and tag em trailings set goodnight {image}

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