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- magictrader replied Aug 30, 2008
What do you think about going long on Sunday? Hurricane is getting stronger so oil should go up, Germany and Russia trying to blame Georgia about the war, so war currency - Dollar, should getting weaker.
EURUSD
- magictrader replied Aug 29, 2008
death cat news bounce. News are still in down trend
.Cable Update (GBPUSD)
- magictrader replied Aug 29, 2008
If this Daily close above 1,8322 (piercing reversal formation) and huge oversold and a lot of divergences. I will be looking in next week hundred of pips up movement.
Cable Update (GBPUSD)
- magictrader replied Aug 29, 2008
It's trying to break the wedge since 21.08.2008 ( url ). It bounce from upper line 3 times, from lower 4 times, so this break (if not false) could be interesting
Cable Update (GBPUSD)
- magictrader replied Aug 29, 2008
break it or not? If yes, then on Daily will be nice reversal candle and possibility for some upward movement.
Cable Update (GBPUSD)
- magictrader replied Aug 29, 2008
jtmoore007 check your inbox.
Zeusjoes Market-Neutral Hedge Strategy
- magictrader replied Aug 28, 2008
Wow, this looks incredible. Over 2000 pips in 6 days :|. But now looks really simillar but not so fast.
Cable Update (GBPUSD)
- magictrader replied Aug 28, 2008
now we are at the bottom of the wedge, but it looks like finish falling wedge. If we break it up then we could see long run up.
Cable Update (GBPUSD)
- magictrader replied Aug 28, 2008
Again we're at the same weekly pivot. Let's see will it hold. If not, then next pivot is over 200 pips down.
Cable Update (GBPUSD)
- magictrader replied Aug 28, 2008
But in this way of trading you don't care where cross pair goes. Simply look at todays USDCHF and USDJPY chart. When you see reveral on USDCHF bought this two pairs and USDCHF goes down and USDJPY goes up because of CHFJPY. The same with EU, GU and ...
EURUSD
- magictrader replied Aug 28, 2008
This good GDP was because of latest FED action and in next months is expected to GDP fall again. And also new hurricane is creating in Gulf of Mexico.
EURUSD
- magictrader replied Aug 28, 2008
oil is still rising, and EURGBP is in up trend which don't help EU to fall.
EURUSD
- magictrader replied Aug 28, 2008
That is really funny. EURUSD is rising, GBPUSD is rising, USDCHF is rising and USDJPY is rasing.
EURUSD
- magictrader replied Aug 28, 2008
Me too @ 1,4774. Strange market today, everything depends on the news now. And oil is rising.
EURUSD