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toshi replied Aug 10, 2009okay, if that wasn't the temporary exhaustion at 14108, I think we're set to come in for a landing within 20 pips or so. 14090's may get the bull to crawl out from hiding, atleast long enough to cause a little short covering. Completely short term ...
EURUSD
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toshi replied Aug 10, 2009Gator, You say, pay attention. It's like a 4 car pile-up, we can't resist. All we can do is gawk at it. How can we help but look at it ? Somebody pass me a bucket. I don't wanna go and even leave to take a leak....
EURUSD
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toshi replied Aug 10, 2009Dollar Index — Shorter term, we may get a little pull back in here, maybe not. PA just completed 5 waves up, at a .786 ret. so, shorter term traders/scalpers might start peeling off contracts here for a better chance to buy again a little ...
EURUSD
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toshi replied Aug 10, 2009.....or the 100 Day SMA at well over the 8100 handle..... longer time frame, though.
EURUSD
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toshi replied Aug 10, 2009Well, it's August 10th and we're still where we left it. A little higher, a little lower, but fairly much right at 108 +/- The 10850 didn't break and hold. I am still bullish on this pair, mostly because of the Dollar and IN SPITE OF the price of ...
USD/CAD Trading Room
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toshi replied Aug 10, 2009Well, that looked like some real money. Anybody else ? Real sellers please stand up. 14100 still on radar.
EURUSD
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toshi replied Aug 10, 2009Thanks man, glad you get chuckle.
But, point is that the market has brought the price back to perceived support, that good old 50% fib of the entire move down (160 to 123) It will take real money selling to break it hard. Anything less ...EURUSD
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toshi replied Aug 10, 2009Get the first aid kit....but take your time. No one is seriously injured yet. Resistance turned support is playing out. Kind of a Neo vs. the Matrix thingy. Also, now we got this funky-lookin' H&S pattern forming on a 1 hour. No break confirmed yet. ...
EURUSD
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toshi replied Aug 10, 2009I talked to a broad that said the same thing. The Yen was making her weak. I said, "...whadaya have a yen for ?" and she said I ....uh.....I got.... I can't repeat what she said.

EURUSD
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toshi replied Aug 10, 2009That's from Trading Central and they give that stuff away atleast once a day. See. Here it is for the Swiss. I'm not exactly a "big" customer. Just about anyybody who knows a broker can get this.....
EURUSD
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toshi replied Aug 10, 200914100 anybody ? No so fast, we still need confirmation in the form of a break of Fridays low. Gators #'s notwithstanding (and they are very cool indeed), I think the market still wants to see some blood. 141 is just a mere fleshwound....
EURUSD
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toshi replied Aug 10, 2009Now see, this is what I WOULD do if I didn't have access to a chart/computer screen. So long as I could use a telephone to call in an order and get a fill (hello, it's 1990 again ?) I could trade, even daytrade the market. Definately not for ...
EURUSD
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toshi replied Aug 10, 2009If someone (not likely a new comer) was to trade UNLEVERAGED i.e. 10k for each 10K cash in account AND has the patience of Job, the risk of loss is minimal. One will likely lose more to inflation & time value of money than loss due to speculation. ...
EURUSD
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toshi replied Aug 10, 2009Seems like an excellent strategy. Do you have any backtest results ?
EURUSD
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toshi replied Aug 9, 2009I think DT is on to something here in cable. If I had to choose one over the other, which will we see first 160 or 180 ? I'd be banking on a return to 160, or atleast close to it, followed by some consolidation in the 60's. Would re-evaluate then. ...
Cable Update (GBPUSD)
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toshi replied Aug 9, 2009Domas is right, Forex is your friend. Just like Bubba here in the shower. See, he's friendly, outgoing, wants to get to know you. If you just be so kind to bend over and pick up the soap, please. Forex sez thanks.
EURUSD
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toshi replied Aug 9, 2009Either way, we wind up at 116. This will return price to the territory of the previous Wave IV, which was an expanded or irregular flat, although some count the move during the 2nd half of 2004 as a 5th, whereas I think it was a "B" wave in this ...
Elliott Wave Trading