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Pip Anon commented Feb 28, 2013Yay the U.S. is now Japan!
Fed Evans taking questions: Raising rates now would put the economy in a tailspin
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Pip Anon replied Feb 28, 2013Bills were rejected in the Senate. The sequester may be inevitable. Perhaps there might be a little selling into the morning
EURUSD
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Pip Anon commented Feb 28, 2013Yea, that's called a dictatorship. Although, Obama thinks he's a king, he is not royalty. In the U.S. bills must pass Congress before he can sign them.
Sequester cuts near as Senate bills fail
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Pip Anon replied Feb 28, 2013Yea. That's why I use mathematical indicators. Only use the more reliable double tops/bottoms and H&S only because they are so ingrained in trader's psyche.
EURUSD
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Pip Anon replied Feb 28, 2013Thanks gator. Wasn't sure if it was a subjective pattern or specific candle formations. Seems to be going in that direction.
EURUSD
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Pip Anon replied Feb 28, 2013Trends, supports and resistances have been pretty solid. 1.301 would be nice today

EURUSD
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Pip Anon replied Feb 28, 2013I know. It just cracks me up that regardless of the news it's like it doesn't phase because of the crazy fed. The worlds "largest" economy did grow in two quarters but so Italian election crap drops the market 20 pts
EURUSD
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Pip Anon replied Feb 28, 2013Yea, 12 million unemployed is not all that great. The countries not growing but jobs are? Yea, that's just unemployed that stopped looking. It doesn't matter either way with the fed. I'm just long on everything can't really go wrong
EURUSD
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Pip Anon replied Feb 28, 2013Got to love a -.1 to .1 GDP with no market movement. Small euro countries grew more than US lol
EURUSD
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Pip Anon commented Feb 28, 2013I was just gonna say the same thing. A credible range is like 5-7% or 10-12%. This just in: Chief FX strategist at Morgan Stanley said the Aussie will decline 200-1,000 pips.
RBA: Aussie appears to be 4% to 15% overvalued