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Pip Anon replied Apr 23, 2013Nice and quick 10 pip scalp. Trying out a system I use on YEN pairs on EURUSD. Also down channel on 1H. It broke daily support at 1.2988 may want to again. I'll wait for momentum. Perhaps with NZD and AUD data tonight. Also have EUR business climate ...
EURUSD
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Pip Anon replied Apr 23, 2013Don't think it will move up with the dollar strength, currently.
Cable Update (GBPUSD)
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Pip Anon commented Apr 23, 2013Moderates? That shites been in a slump for four years. When is anyone going to take a drink of reality? Denial, denial.
Euro zone slump moderates but German worries appear : PMIs
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Pip Anon commented Apr 23, 2013Oh yea, euro will break 70 pips either direction and mysteriously a twitter blast comes out about merkel and it reverses instantly.
Downturn in French private sector output eases in April
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Pip Anon commented Apr 23, 2013I guess when expectations is so low, there's only one way to go.... why do they even release data?
Downturn in French private sector output eases in April
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Pip Anon commented Apr 23, 2013Doesn't matter. Market loves higher than expected. It could have been forecasted 35, actuals 35.5 and good stuff.
Downturn in French private sector output eases in April
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Pip Anon commented Apr 22, 2013It has ALWAYS been labels as one of the riskiest markets. However, it can be a great wealth creator. If that happens, i'd move to where its legal lol
S&P says more than 1/3 chance of Japan downgrade, cites risks to Abenomics
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Pip Anon commented Apr 22, 2013Oh no inflation after a few months? Just more rhetoric as Yen jumps .5% of politicians in central banker's clothes.
Abe says that Japan is not out of deflation yet as Yen gains
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Pip Anon replied Apr 22, 2013Hmm, I have a nice channel on 1H, but stuck below 38Fib on 4H.
All Majors and Gold
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Pip Anon replied Apr 22, 2013P/C ratio is slightly over 1. Generally a bearish sign, but may be a constrain indicator. According to my data, there is only 300 or so more puts than calls. Pretty close.
All Majors and Gold
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Pip Anon replied Apr 22, 2013A trader is a trader lol. However, Gold Bugs have this devotion that is unshakable
I've traded crude, gas, nat. gas, heating oil, palladium, platinum, gold, silver, copper (unfortunately), currency, bonds, interest rates lol. Impartial as ...All Majors and Gold
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Pip Anon replied Apr 22, 2013Well on the 4H, it is currently butting up against the 38FIB, and bounced off a few times. Two scenarios short-term and I think China data will have impact: Flash PMI is positive, gold has a change to target 50% retracement at 1462. If not, could ...
All Majors and Gold
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Pip Anon commented Apr 22, 2013Like I told a few, complacency will kill yea. Perhaps it is overall bullish, but just like the stock market: when people continuous talk about an asset reaching a certain level and become complacent, it never gets there quite as easily as they ...
Is JPY About To Get The 'Gold' Treatment?
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Pip Anon commented Apr 22, 2013Just because analysts forecast a higher number than the previous month mean it's "unexpected." So, how about that housing recovery that was the spur of prosperity in the US. lol.
Sales of U.S. Previously Owned Homes Unexpectedly Fell in March
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Pip Anon commented Apr 22, 2013Im shocked! These articles are almost as redundant as my comments. When you don't promote change, you don't get change. There has been four years of crummy data, can't say this surprises me.
France misses 2012 deficit target, Spain's shortfall widens
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Pip Anon replied Apr 22, 2013As much as it pains me, gold bugs may want to go higher. However, I think gold will trade more like a stock than a "safe haven"
All Majors and Gold
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Pip Anon commented Apr 22, 2013Bravo! Bravo! 3rd time is a charm.
Investors cheer Italy after president elected
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Pip Anon commented Apr 22, 2013Whatever statisticians think, politicians think or central bankers, throwing money at an issue without fundamentally changing the cause of the issue with never work. It never has, so we peddle through this muck of a "recovery" praying when we don't ...
Years of weak growth sow doubt in economic rescue plans