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emda replied Mar 27, 2009great
I think a weaker euro will be good for europe... at least for eastern european countries... and Spain. That's good news.EURUSD
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emda replied Mar 27, 2009my experience with S3 levels recently is that it can be a good support.. but if broken... it can be a panic sell. and today it is friday with a huge movement/gap to fill.... I would be very careful scalping longs. or would be short...

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emda replied Mar 27, 2009yes. it is ok... but usually.... it is better to enter in the direction of the channel... in this case down... when hits the upper trendline... not up when hits the down trendline. but also here there is a possibility that it is still a bigger bull ...
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emda replied Mar 27, 2009first level reached 1.3380... next stop 1.3300 I believe. and there is not substantial support until 1.3100... it is friday also. be careful !
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emda replied Mar 26, 2009yes... I think it is impossible in current world order... but recently it is fashion to speak about a new world order... I wonder what Zimbabwe would say about it... lol
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emda replied Mar 26, 2009the end of forex.... it is a possibility... but I don't think it is going to happen

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emda replied Mar 26, 20091.3480 next stop if breaks down. 5% is high risk. yes. but also... it all depends on your trading style and if you are good or not doing it. but I understand your avatar now... heh
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emda replied Mar 26, 2009I don't believe anything now... but I still have to see some reason to go short eurusd... I'm more technical trader than fundamental. Will defend the $ printing billions? nice way of defending it.... curious at least...

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emda replied Mar 26, 2009Did Geithner say that they like the idea of a new currency for world wide reserve? .... at least that they will study the proposal of Russia and China Really... I won't short this pair anymore until the end of dollar
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emda replied Mar 26, 2009Hi yes.. I don't know about China so much... I'm only expressing one opinion... I'm making a future conjecture... for very long term... But the important facts that can affect my trading is.. FED buying treasuries.... to me means that China doesn't ...
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emda replied Mar 26, 2009China will suddenly realize that they are more millions than any other country and they don't need to export as soon as more people start to live better. Not need external clients if millions of potential clients are in their own country. They will ...
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emda replied Mar 26, 2009what do you mean for usdcny? it is at 6.8 support... and a break of this support could trigger a US sell off... China could sell dollar reserves since the FED is already printing their own.. no sense to keep some outdated dollars... I'd watch ...
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emda replied Mar 26, 2009Very good! Mastering trading the daily is important so you can have a very good starting point for intraday trading in the future... and how knows... for scalping later. Usually new traders start in the lowest timeframe, and don't understand why the ...
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emda replied Mar 26, 2009hi there cloudy Barcelona here.. but not cold. lets see what US session gives us today... I have +221 floating pips in eurjpy to compensate and hedge if I see EURUSD going down

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emda replied Mar 26, 2009well.... maybe in US session things will move... but if your time schedule doesn't allow you to trade US session maybe yes... it is better to not risk your money today... of course the trend is up but we are hitting resistance and you should ...
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emda replied Mar 26, 2009hi billye what do you mean your broker drops directly to 1.4540? we have similar avatars... hehe.
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emda replied Mar 26, 2009first part? waiting for proper trade you mean? It all depends on your style.... this ranging periods can be wonderful for scapers. But it is not my style. And should not be the style of new traders either.
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