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Maxsmart replied Jan 28, 2010I know you were long last night at 1.3999 and had a really tight stop that got stopped out. Where did you re-enter this time?
EURUSD
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Maxsmart replied Jan 28, 2010Its a beautiful thing to wake up to — Just 150 pips more to go and I'm out
EURUSD
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Maxsmart replied Jan 27, 2010FOMC announcment probably wont move the markets too much — To be an honest I woulndt expect much movement from this announcement. But you wanna listen for comments by the fomc for direction of the USD. You can watch it live on bloomberg tv or ...
EURUSD
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Maxsmart replied Jan 27, 2010that doesnt mean the eur/usd is goin up but they wont raise interest rates.
EURUSD
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Maxsmart replied Jan 27, 2010he probably hates you. there wont be any change while bernanke is chairman.
EURUSD
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Maxsmart replied Jan 27, 2010Becoming less pessimistic that the breakout may happen this week — Ive been short since 1.45 on this pair but cautiously pessimisstic that the pair may consolidate between 1.40 and 1.42 for about a week before following through to 1.38. But ...
EURUSD
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Maxsmart replied Jan 27, 2010Head and Shoulders on Silver — This is a daily chart of Silver. theres a head and shoulders might mean gold is in for a fall too.
EURUSD
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Maxsmart replied Jan 27, 2010This is one of the big reasons the USD has a good chance of continuing its rally against the EURO. If there is bad news, people by the dollar on risk aversion and shun higher yielding assets like the euro. If there is good news like good nfp, or if ...
EURUSD
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Maxsmart replied Jan 26, 2010Looks like we are staying in that range — Looks like we are staying in that 1.40-1.42 rainge
EURUSD
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Maxsmart replied Jan 26, 2010Euro is so weak right now — I closed out some of the position at 1.4050 last week when we first got down there and added more back when we hit 1.4180 last night. With prices breaking below the 200 day moving average which usually signals at ...
EURUSD
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Maxsmart replied Jan 26, 2010Not neccessarily. Lets Assume a trader has an 8k account and he uses 100:1 leverage. He doesn't neccessarily need to buy a 100k contract he can buy a 50k contract for a margine of only about $750 on the eur/usd. It just frees up capital and lets the ...
Could 10:1 be the new leverage in US Forex?
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Maxsmart replied Jan 26, 2010Still pessimisstic will close below 1.4050 today — I'm short from 1.45 targeting 1.38. But I dont think we go below 1.40 today. If we do we should reach 1.38 pretty fast though. Still saying short of course because I think we will eventually. ...
EURUSD
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Maxsmart replied Jan 26, 2010your welcome. Yeah you can pretty much short it whenever Obama talks lol. Does he trade Forex too?
EURUSD
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Maxsmart replied Jan 26, 2010Of course it will be contagious. If we dont action now we'll have to settle for nothing later. So lets not settle now and we wont have to settle later.
Could 10:1 be the new leverage in US Forex?
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Maxsmart replied Jan 26, 2010ya they are way down. I shorted at the close. I'm Up $2k already and just did one lot on the s&p and one on the dow. Heres a 30 min. chart of the mini dow
EURUSD
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Maxsmart replied Jan 26, 2010I meant momentarily the futures right now stopped falling on the dow and S&P they are lower then where they closed the day earlier.
EURUSD
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Maxsmart replied Jan 25, 2010British GDP — British GDP has been worst than forecasted consecutively the last 5 months. They are finally expecting a positive number today. If that number comes in negative that I think would send the eur/usd below the 1.40 and of course the ...
EURUSD