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Code4Capital replied Feb 26, 2009People need to learn Peter Schiff didn't do crap worth calling him a prophet that some people keep seeming to call him cause 9 out of 10 times he's wrong, he got ONE thing right, but he got plenty of other things wrong, which in the end made his ...
Don't get sucked in by dollar strength
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Code4Capital replied Feb 12, 2009Let me add something else, if you have short positions, keep them, no positions wait for a better ideas as to where the markets going, ie breaks double bottom or closes above the middle band because whatever move it is, its going to be a big one ...
EURUSD
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Code4Capital replied Feb 12, 2009I don't really know, but you can do if you wanted to of course use FX Accucharts for charting and then trade off of MT4. I trade off of Currenex myself and just us FX Accucharts for the charting. Kentashiburo, where did you get that info you posted ...
EURUSD
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Code4Capital replied Feb 12, 2009That's why I'm personally short. -No close above middle band for just over a month. The double bottom is just another thing to make a trade on when it breaks it.
EURUSD
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Code4Capital replied Feb 2, 2009#2 are actually good things. People made a lot of money shorting Enron.
Stock market is better
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Code4Capital replied Jan 30, 2009Let me help you with that one. I opened a long on GBPUSD at 1.39112 on 2 mil lot size and its still open, 550+ pips. Also Long on GBPJPY at 124.702 which is 550+ pips too. FYI that's 4 days for both of these trades. People need to just learn that ...
Stock market is better
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Code4Capital replied Jan 29, 2009Tomorrow there is going to be a advanced GDP and the forecast is -5.4%. I have a hard time believing -5.4%. If its way less then that we could see it hit 1.27xx which is the last support line on a 4hr chart.
EURUSD
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Code4Capital replied Jan 28, 2009Well on the 4hr chart it closed below the middle band on 20,2(BB). So I'm pretty sure a lot of traders have changed their opinion to short term short, but still long term neutral.
EURUSD
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Code4Capital replied Dec 3, 2008On the 1 hour chart with a Bollinger Band 20,2 it looks like its going ot start a trend of of staying between the middle and lower band. Possibly just riding the middle band down.
USDZAR Daily
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Code4Capital replied Dec 3, 2008I sold at 10.3201 and exited at 10.1388(300 pip SL/TS).
USDZAR Daily
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Code4Capital replied Dec 1, 2008Well I just looked at the 1m chart the Euro did the opposite and went up quite a few pips after the release, weird.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Code4Capital replied Dec 1, 2008Yes... but the Euro relies off the UK seeing as the UK is part of the European Union.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Code4Capital replied Dec 1, 2008EU isn't really affected by the bad UK news, maybe slow sell off moe wants.
Auslanco - GBP/JPY and GBP/USD (newstrade)