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- Pipsforall replied Mar 27, 2014
I agree, if I was looking to go long, I would go long at 3660 to test the waters, however, my TP is 1.35.
EURUSD
- Pipsforall replied Mar 27, 2014
I think you need to some Seykota this morning. The market is not confusing, we make it confusing. It's really quite simple. haha video
EURUSD
- Pipsforall replied Mar 27, 2014
1.3750 has to hold and it is being defended. But, I think it will break.
EURUSD
- Pipsforall replied Mar 19, 2014
There's a million ways to trade profitably, the journey is finding what works for you. But, once you've come to the end of that journey, it's like having a license to print money.
EURUSD
- Pipsforall replied Mar 16, 2014
Well, I highly doubt China is giving up manufacturing to become a mirror image of the US economy. But, good luck to you, I hope you make a fortune trading.
EURUSD
- Pipsforall replied Mar 16, 2014
If you can actually believe that China really has 7% growth. I for one doubt it, and the fact they're intervening to weaken their currency tells me all I need to know. Further, they have a major debt crisis at the local level, over $3 trillion ...
EURUSD
- Pipsforall replied Mar 16, 2014
We'll just have to agree to disagree. Btw, China has major, major debt problems as well.
EURUSD
- Pipsforall replied Mar 16, 2014
What do you think the European debt crisis was all about? lol url It's not as though Europe doesn't have major debt problems, they do.
EURUSD
- Pipsforall replied Mar 16, 2014
Prior to 2008, interest rate differentials were the primary driver of currency exchange rates. Someday it will be again, but based on the current differentials the Euro is overpriced. However, remember the market is always right, and right now the ...
EURUSD
- Pipsforall replied Mar 16, 2014
The European Countries that use the Euro owe more than the US combined. Further, Yellen might start stimulus again, but right now the FED will continue to taper, and will taper another $10 billion at the next FED meeting, while Draghi verbally ...
EURUSD
- Pipsforall replied Mar 16, 2014
Other than flows, the fundamentals don't support a EURO at this price, the fundamentals support a Euro priced in the mid to high 1.20s. At some point the technicals do follow the fundamentals. I for one do not believe that the EURO will break out, ...
EURUSD
- Pipsforall replied Mar 13, 2014
False breaks happen. I for one think this is probably a false break and we could be putting in a top.
EURUSD
- Pipsforall replied Mar 12, 2014
Quite a struggle going on here. Fundamentally other than the fact that the Eurozone is running a $350 billion euro surplus, there is no reason why we should be seeing such strength. I think the Euro is ready for a big, big dive, but we might see ...
EURUSD
- Pipsforall replied Mar 8, 2014
Why is the USD going to be worthless? The FED has begun tapering, less dilution, eventually the excess supplies within the banking system that have not be loaned out to the public which is why there is no inflation in the US will be sucked out of ...
EURUSD
- Pipsforall replied Mar 4, 2014
That's not out of Crimea. Those are the 150,000 troops in Russia who were performing military exercises within Russia on Ukraine's western borders. The 16,000 Russia soldiers are still in Crimea.
EURUSD
- Pipsforall replied Mar 4, 2014
Not one reputable news service is reporting that Putin has ordered troops out of Crimea.
EURUSD
- Pipsforall replied Mar 2, 2014
I usually ignore fundamental news and just look at technicals. But, I can't see how the Euro is going to get bid up with Ukraine and Russia talking of going to war tonight. The Euro is a risk on currency, all this crap is going on right on the Euro ...
EURUSD
- Pipsforall replied Mar 1, 2014
Sage advice, I blew up 2 accounts and lost $15,000 not using stop losses. That was many years ago, now I always use stop losses and take profits. It takes all the emotions out of it. If I get taken out, at least I don't get wiped out and with take ...
EURUSD