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jsspmk replied Apr 20, 2010I read mainly FT, others too. So do many other people around the world. My opinion is just that, it won't move markets or make me commit serious % of capital based on what I think may happen. My main aim is just to follow market's direction, if I ...
EURUSD
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jsspmk replied Apr 20, 2010Sorry, I hardly understood anything in what you tried to explain.
EURUSD
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jsspmk replied Apr 20, 2010Adding same amount 1.3432, keeping stop at 1.342 Position remains small. Based on Daily chart, not Weekly.
EURUSD
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jsspmk replied Apr 20, 2010You don't get it. Recovery in the US is happening at a faster pace than in other parts of the world, specifically Europe & Japan. China isn't an option for a lot of investors. Asia keeps on buying US debt, when they stop, then USD will tank, no ...
EURUSD
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jsspmk replied Apr 20, 2010A stronger greenback, rallying equities, higher commodity prices and buoyant emerging markets are reminiscent of the 1990s, when the dollar was last viewed as a growth currency rather than a safe haven reserve. There are a couple of key reasons why ...
EURUSD
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jsspmk replied Apr 20, 2010What it may do & what it will do... I can't risk capital based on may. There can be a thousand mays, yet wills don't happen that often for a reason. Talking about big charts and big levels.
EURUSD
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jsspmk replied Apr 20, 2010We shall see. In the end they are just predictions, mid term I trade facts. USD may look toppy, but it is still in a bull phase as 79.5 is weekly support.
EURUSD
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jsspmk replied Apr 20, 2010To get to 78 it has to break 79.5 support on weekly trend, so it is a counter trend prediction. 82.5 on the other hand would mean USD stays within weekly trend & re-tests reaction highs.
EURUSD
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jsspmk replied Apr 20, 2010I should have mentioned that when I say wave 5 within bull flag I mean on daily chart.
EURUSD
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jsspmk replied Apr 20, 2010USD appears to be in early wave 5 on Daily chart (bull flag). I expect a double bottom at 80 zone to initiate a move to re-test 2008 close of 82.5. That means that Euro ought to re-test 1.36+ zone and fail, failure most likely will bring re-test ...
EURUSD
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jsspmk replied Apr 20, 2010Just like last time, I wonder how they will get on with longer term notes, so far they are still 7.8
EURUSD
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jsspmk replied Apr 20, 2010What may happen is not so relevant to me. At the moment I just noticed it there seems to be a smaller down trend within a bigger one. Big ones upper trend line has been broken, but 1.3818 has not. So it is still valid. But the smaller one starts ...
EURUSD
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jsspmk replied Apr 20, 2010It's an extract from Spiegel magazine, Bloomy didn't post anything else.
EURUSD