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- Pipsforall replied Nov 24, 2011
Yah, if you were long like me, its to bad they took questions from the press, the prepared summit statement had no impact, the speeches, no impact, Merkel answering questions, Euro and European markets turn negative. lol
EURUSD
- Pipsforall replied Nov 24, 2011
Yep, unreal how quickly the Euro and European markets tanked as soon as Merkel opened up her mouth, but, considering this drop is merkel stupid comment related, and we're sitting at extremely oversold conditions in the euro, european and us markets, ...
EURUSD
- Pipsforall replied Nov 24, 2011
It was a news related drop, once the market digests the news, bull run could continue.
EURUSD
- Pipsforall replied Nov 24, 2011
These rating agencies are skating on thin ice, didn't they get the memo, no further downgrades till Jan 1, the market wants its Santa Claus rally, I know I was on the email list. lol
EURUSD
- Pipsforall replied Nov 24, 2011
Ok, thanks, I trade oscillator free, but thanks for the explanation.
EURUSD
- Pipsforall replied Nov 24, 2011
What never baffles me time or time again is that right when we get to a major area of support or resistance, an article comes out, in this case Dexia tapping its emergency liquidity lines all over Europe to get a nice pinbar to form at resistance ...
EURUSD
- Pipsforall replied Nov 23, 2011
Despite all the negative FA news today, major reason we're down is because US traders don't want market exposure over Thanksgiving, won't be able to defend themselves, so they're selling it down and the Euro is really getting dragged down with it, I ...
EURUSD
- Pipsforall replied Nov 23, 2011
I'm looking for 1.3475 to 1.3490 next week, but I agree, I think any Euro rallies will be capped in the lows to mid 1.350 area, I just think we'll get a relief rally next week, DOW has been since 6 of the last 7 sessions, and Santa Claus is coming ...
EURUSD
- Pipsforall replied Nov 23, 2011
We'll get the rally, its just going to start at a much lower base line.
EURUSD
- Pipsforall replied Nov 23, 2011
Well, the lunch hour is almost over, if they want their T-Day rally they better get to work. lol
EURUSD
- Pipsforall replied Nov 23, 2011
Don't worry about it, I just went long with a TP of 1.3490, so we'll probably go to 1.31 later today. lol
EURUSD
- Pipsforall replied Nov 23, 2011
There are a million ways to trade profitably, seriously probably more, everyone has to find what works for them, however, I found indicator trading to be a losing proposition, indicators are lagging, and just because an indicator tells you its ...
EURUSD
- Pipsforall replied Nov 23, 2011
Hey Pat, just saw you were based in Sao Tome, I'm a big fan of your country, heavily invested in oil companies trying to exploit the JDZ and EEZ.
EURUSD
- Pipsforall replied Nov 23, 2011
Well, probably covered my shorts to early, but I'm thinking we still get a Turkey Day rally today in the US and that will bring the Euro up with it.
EURUSD
- Pipsforall replied Nov 23, 2011
Hey FXMastermind, do you have an indicator that automatically updates pivot points and s/r, and if so, is there a place where I could download it. Thanks
EURUSD