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Maxsmart replied Jul 6, 2010Anything is possible — I wouldnt be surprised if we see 1.30 this week especially if we close above 1.26. I think that the stress tests on the EURO banks this week are basically a ruse to restore some confidence in the eurozone that they will ...
EURUSD
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Maxsmart replied Jul 6, 2010Its a soap opera. — you just have to kind of get used to the soap opera of the stock market. Obviously Eurozone problems are not certainly over just because the amount that banks received from the ECB was less than expected. And the Eurozone ...
EURUSD
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Maxsmart replied Jul 5, 2010Retracement to 0.382 but not the end of Bear trend — I think that we have violated the neckline of the inverted shoulders and we are on our way to 1.30 or possibly 1.32 (the bottom of the consolidation in May) after we break 1.26 However, I do ...
EURUSD
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Maxsmart replied Jul 2, 2010Vacation — Its really too bad I was waiting to visit Greece and the rest of Europe when the Euro was at parity. Looks like its gonna take a little bit longer.
EURUSD
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Maxsmart replied Jul 2, 2010Asset reallocation could undermine any safe haven flows until 1.30 — I say long to 1.30 at this point. We've clearly broken the head and shoulders and the jobs was not enough of a surprise. Additionally, the USD is not benefiting from its safe ...
EURUSD
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Maxsmart replied Jul 1, 2010DavidValera I dont understand your account balance is $152 USD and you sent me a link to access to your account. Thats very dangerous. Lucky I'm not a criminal. Be careful dude. Send a screenshot next time
EURUSD
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Maxsmart replied Jul 1, 2010Who knows — Depending on his trading strategy a long here may not be crazy. Additionally depending on the way you draw your neckline for the head and shoulders we have already violated it on both the eur/usd and USD index One could place their ...
EURUSD
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Maxsmart replied Jul 1, 2010This looks like such a beautiful place to buy a put...sigh... I bought mine one day too early
EURUSD
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Maxsmart replied Jul 1, 2010Less aid from the ECB than expected — Euro is even kickin the Yen around on this down day in the stock markets and with moodys downgrade. Investors are definitely taking the news that Banks in the Eurozone required less aid from the ECB than ...
EURUSD
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Maxsmart replied Jul 1, 2010Yep — My question exactly. I'm wondering if it possibly has to do with the loans that the banks accepted from the ECB being way way less than analysts had expected. This shows more strength in the banks in the Eurozone than previously ...
EURUSD
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Maxsmart replied Jul 1, 2010Broke Wedge — Broke out of wedge on the 30 min. The charts say Bull but the Fundamentals say Bear. I'll stick with the charts. The USD doesnt seem to be benefiting from risk aversion anymore for the time being. Its a good idea to be ...
EURUSD
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Maxsmart replied Jul 1, 2010Everyone is expecting bad NFP be careful — Be careful about the bad news of the NFP already being priced in. I'm expecting a bad report as well and further confirmation of the Head and Shoulders on the S&P, but with all this doom and gloom, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Maxsmart replied Jun 30, 2010Which Head and Shoulders will win — There is an even larger Head and Shoulders pattern that has been violated on the S&P 500 and the DOW. so take your pick with the Head and Shoulders. One of them will be negated. Technically the S&P H&S is ...
EURUSD
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Maxsmart replied Jun 29, 2010UK GDP postponed ;( — I was expecting a really bad GDP number out of the UK for the perfect place to short the GBP after its overdone run up against the USD and JPY. Now it looks like this week wont have as much defining movement as I had ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Maxsmart replied Jun 28, 20101000 pips then consolidation pattern — When we break below these consolidations you'll notice the euro usually falls about 1000 pips or 10k and then consolidates for a few months. It could actually be much quicker than we think if we get below ...
EURUSD
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Maxsmart replied Jun 28, 201023k not too shabby for one trade lol — 23k in 6 months to a year isnt bad for one trade as long as you can make other trades in your account while that one is operating and If you know how to add on and compound the trade to get even more than ...
EURUSD