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jsspmk replied Apr 6, 2010Of course, after all why have an emergency meeting after all? Message is clear - we can raise any time, don't worry about "extended period" statement. And that ought to fuel USD rally further.
EURUSD
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jsspmk replied Apr 6, 2010Grab 4 hour chart starting couple of weeks time frame, you will see it. url
EURUSD
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jsspmk replied Apr 6, 2010Don't just look at Eur chart, look at USD chart, bull flag in an uptrend seen on 4 hour chart carries a positive expectation for USD, hence Eur down expected.
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jsspmk replied Apr 6, 2010url Spannish unemplyment climbing to highest level in 14 years. Regarding current phase, IMO it may bounce of course, but something that starts on 1 time frame usually finishes on same one, so if it started on 4 hour chart it will likely finish on ...
EURUSD
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jsspmk replied Apr 6, 2010Skyzer, you posted a spreadsheet yesterday regarding USD pairs...still weak?
You are mixing macro with micro.EURUSD
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jsspmk replied Apr 6, 20104 hour chart is in bear phase, holding short based on 4 hour chart's signal is still valid
EURUSD
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jsspmk replied Apr 6, 2010Not anymore, I've been trading short term for long enough, now I enjoy other things in life.
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jsspmk replied Apr 6, 2010If price keeps on falling past 1.3266 then I expect a spike into 1.31-1.3 where I will close my position trade.
EURUSD
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jsspmk replied Apr 6, 2010In my book that trade is not low risk, because you entered at 31/03 low, which may provide a bounce & your stop is within the 'noise'. If you are to do something like selling support levels, then I would have put a stop above swing high 1.3591 so ...
EURUSD
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jsspmk replied Apr 6, 2010At Daily 31/03 possible support (low) bounce not improbable, but strength of trend ought to prevail & lower prices are very likely.
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jsspmk replied Apr 6, 2010Here is current Daily chart, it is rather easy to see that trend exhaustion may be occurring near the apex of that wedge, it being 1.3 it has confluence with a major weekly level of support from April 2009.
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jsspmk replied Apr 6, 2010Because he has MACD's histogram & you have MACD without histogram. Simples!
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jsspmk replied Apr 6, 2010That is a very отличный
example of a divergence that is in line with the main trend. The main issue is how limited the move has a likelihood of being. Within a trend it is likely to expect a larger oscillation, then against the trend. There are ...EURUSD
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jsspmk replied Apr 6, 2010It is enough IMO, indicators point to end cyclical phases of course, but it is price that dictates a beginning and an end. On the negative side no tool, be it price or indicators, will provide a trader with consistently visible optimal in/out ...
EURUSD
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jsspmk replied Apr 6, 2010The U.S. dollar’s share of global currency reserves rose to 62.1 percent in the fourth quarter of 2009 while the euro’s share dropped to 27.4 percent, the International Monetary Fund said March 31 in a quarterly report. The two-year Treasury yield ...
EURUSD