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Pip Anon replied May 15, 2013Sorry SP. It's not that they think it will stop, but I thinks its because they believe it won't. It will end up like 1999/2000. Also, the ECB reducing 25 bps is nothing compared to the global market. The EZs largest countries are deteriorating while ...
EURUSD
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Pip Anon replied May 15, 2013Once again, first target hit. Looking for a close below for next drop
EURUSD
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Pip Anon replied May 15, 2013We can trade volume, but, like any other indicator, it is not 100% accurate. FX is not centrally regulated so no one actually knows what true volume is. Then again, if it works for him it works. Some people trade planetary signs, but well....
EURUSD
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Pip Anon replied May 15, 2013No, I get what you are saying. Down is down. What I am saying is my overall target is broken up as it does not go straight down. Furthermore, what you have is an HS set-up the neckline is not broken. HS's are more than three bumps. Might be a bit ...
EURUSD
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Pip Anon replied May 15, 2013Yes, but it won't drop there. I break up my targets into levels. I have an ultimate target of 1.25. 1.283 is roughly the 23.6 Fib. May act as minor support. ECB may have to do more. Who knows.
EURUSD
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Pip Anon replied May 14, 2013Abe is announcing the second tier of the QE and coupled with money flowing into equities, I see dollar strength and USDJPY around 103.15 next week. Yearly target of 107-8. EURJPY may dampen, but I guess we will see how low the yen limbo goes. Still ...
EURUSD
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Pip Anon replied May 14, 2013It just depends, really. They're subjective so everybody has their own interpretations. The can be useful to spot out, but I wouldn't depend on trading them. You can find common setups online. There is like 15 different doji
EURUSD
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Pip Anon replied May 14, 2013A doji itself does not do anything. It is a candlestick formation that is subjectively looked at to forecast price action continuation or reversal. On a second note, if German GDP disappoints could see 1.285 after the typical pump and dump. If not, ...
EURUSD
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Pip Anon commented May 14, 2013I been eying it myself. Looking at 1.2845, 1.275 and ultimately 1.25
EURUSD Technical Update – 14th May 2013
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Pip Anon commented May 14, 2013It has not been that way for a while. The dollar has followed stocks almost the entire time.
U.S. stocks jump to record highs, dollar rises
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Pip Anon replied May 14, 2013My ultimate target is 1.25 but we will stair step it down. I think 1.284ish for next level. 1.275 prob won't be a sure shot. I ten to break large targets into levels
EURUSD
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Pip Anon replied May 14, 2013Well glad to see my overall view is playing out. Close today below 1.295, as I been posting for two weeks, and we should see at least another 100 pips over the next week or two.m given Fridays like to be squeeze day. 1.2844 is my next target.
EURUSD
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Pip Anon replied May 12, 2013May be a good area. Im thinking it will be another leg dwn. I doubt the euro plummeting but a jagged star step downward
EURUSD
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Pip Anon replied May 12, 2013OK, and shorts may and eventually will. All it is, is extreme mean reversion. Daily and weekly If we close below 1.2950, I believe 1.2844 next stop potentially 1.25 over the next couple months.
EURUSD
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Pip Anon replied May 12, 2013If you say so. Sure went down from 1.324 and I am not debating a short squeeze. I am debating the overall effectiveness of rooting out squeezes or how you can short squeezes "bullish"
EURUSD