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pres78 replied Nov 3, 2010Stocks are selling off ATM and the 2nd 1hr pin bar is dissapearing. I want to see how this closes in 10.
vsa with Malcolm
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pres78 replied Nov 3, 2010EURUSD — A couple of nice 1hr bullish pin bars forming for the last 2 bars.
vsa with Malcolm
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pres78 replied Nov 3, 2010Yes this type of news is best to wait for spikes to settle down, choose a path and get in on retracements...
vsa with Malcolm
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pres78 replied Nov 3, 2010Agreed, futures are climbing and once stock market opens they are expected to climb (and open higher) based on election results and positive US data. This should again push the USD down driving EUR back up to test daily highs again awaiting FOMC. ...
vsa with Malcolm
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pres78 replied Nov 3, 2010Postive US data prior to FOMC keeps risk currencies and stock riding high. I thought we might see 1.39 but I was wrong and now 1.41 is looking more possible. I think the smart money will look to set up all the USD crosses at nice bases prior to ...
vsa with Malcolm
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pres78 replied Nov 2, 2010Yes 3900 looks like a nice base camp to set up shop prior to the FOMC. Then either up to 4050-4100 (if QE2 plays out as planned or if more than 1 trillion in easing is anounced) or down to 3700 by end of day (yes that would be a daily range of 330+ ...
vsa with Malcolm
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pres78 replied Nov 1, 2010A lot of resistance between 1.3907 - 1.3922... 3 pivots all mingling together...
EURUSD
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pres78 replied Nov 1, 2010The EURUSD could face some stiff support at 1.3927 (50% fib of the last 2 weeks H/L), 1.3919 (weekly pivot) and 1.3907 (monthly pivot).
EURUSD
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pres78 replied Oct 31, 2010100 pip spike on UJ with over 60 given back... if this is BOJ it doesnt look anything like Sept 15th.
EURUSD
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pres78 replied Oct 29, 2010We are setting up on daily to have the highest close since this upmove started. Does this signal some more upside movement to start next week?
Cable Update (GBPUSD)
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pres78 replied Oct 28, 2010Even with FOMC on Wednesday and NFP on Friday? How was today confirmation?
EURUSD
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pres78 replied Oct 27, 2010Is it safer to take triple tap trades only off 3 candles that match the trade you are taking? For example if you are taking long trade then it must be a triple tap of bull candles?
Trade What You See - Almost Naked Trading
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pres78 replied Oct 25, 2010Asia is the only session moving the markets lately, London and US seem to be moving at a snails pace... Trade Asia and make 150 pips before London open... sounds so weird.
EURUSD