You guys are all braver than I am. Today scares the beejezus out of me. BTW, I'm assuming EUR will find some support at at 1.5948-39 area, but I assumed a lot of things, incorrectly yesterday.

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EUR/USD — Part of me thinks we'll see a strong dollar this week (at least until options day on Fri, which I haven't fully researched yet). At the same time, It's kind of hard for me to ignore this set up at 1.5800 level. It's the 50% ret from ...

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Good stuff, and thanks! I'm not in, but I'll be watching intently I've always figured there had to be a good way to take advantage of the gaps, but didn't know how.

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Do you have any gap expectations going into this weekend? The UJ rallied about 100 pips off its low (although currently down about 30 from that). The high of the rally was nearly to the pip of a pretty good resistance level, and price is creeping ...

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If I was a longer term trader, I'd probably relish this as an opportunity to buy it at a major discount. I'm still far too new to this to have much confidence in my "analysis", but I think today's sell off was too emotional based on Fannie and ...

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I desperately wanted to go in a little higher than that at at 105.92 (the last support when UJ went up last week), but lacked the sack to buck today's trend. S&P is still down, but only half of what it was. Good luck!

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So part of me wants to start buying the dollar, wondering just how oversold it is having hit some major resistance levels and pulled back. However, the other part of me that likes to keep my money is scared to death of going against such a strong ...

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I wonder how far through this trend line and resistance confluence the EUR will go?

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You should be pretty darn proud. You've obviously done well on your own accord, but you've also clearly been able to educate know nothings like me. Heck, I didn't even know what a Fib was a few months ago.

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Thanks! The way this thing is going, might not be much pull back to that level. However prices have pulled back to the 106.25 range which isn't on that chart, but was another level I had marked as a low from a few days ago, and is right around ...

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Another Intraday question, if that's okay. USD/JPY finally broke through some tough support (at least "finally" for my patience). Now if you're looking to sell on rallies (assuming futures keep this down move going) do you look at the most recent ...

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guess not. Up to 1.017 now.

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Negative Canada payroll numbers just bid the USD/CAD into some pretty strong resistance. With futures looking to start down, and oil going up, would this seem like a good short at its price levels of 1.015? BTW, not looking for a trade here, just ...

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Hello Friday! I actually dislike Fridays now. You can't make any pips on Saturday... but then again there is the gap Just bumping your post again in hopes that you might pop in around the end of the day to discuss today's finish.

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More questions... :o I haven't been following the markets on a daily basis for very long. My question is in regards to the current day's sentiment, and when we go through days/weeks that can't seem to make up their mind. This week started off trying ...

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Thanks. Yeah, I'm protected now. Figured it was worth getting in at that level to see if yesterday's weak dollar continued. But, it starting to feel like another day to continue the seesaw.

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Understood, and I certainly put more faith in their direction over a lagging indicator. I just don't like being scared away from a trade because of them, especially on lower levels. BTW, should be a very interesting morning with Bernanke and ...

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Just trying to get a feel in the general sense for intraday support levels that price sits on for a while. When that happens do you feel the level becomes more solid as support, or is more of a liable to fail? I hate trend lines. Can't stand them ...

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Looking for a little Intraday insight — I went long on AUD last night after the unemployment report. When the report was released price broke through a recent resistance level, and retraced back down, so that's where I went long expecting ...

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I was trying to get in at 1.9710 A bit annoyed right now...

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