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Purple replied Dec 13, 2010USD/JPY and EUR/USD are inversly corelated.. if one goes up, other comes down.. EUR/JPY is just a combination of both pairs.. the USD on opposite sides of two pairs cancel out like in algebra and forms EUR/JPY... so if EUR/JPY goes up, usually both ...
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Purple replied Dec 13, 20100034 GMT [Dow Jones] Overnight strength in the EUR won't last long because there are many events today that are possibly negative to the currency, says Barclays Capital chief Japan strategist Masafumi Yamamoto. The events include Spain's auction of ...
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Purple replied Dec 13, 2010I am sure he will come up and say something like 'oh it was a typo, i exited and took long..' and than bet his body parts and claim price will shoot to 1.50 in next three days..
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Purple replied Dec 13, 2010It was just a simple example I gave to explain the fundamentals behind filling gaps.. Large MNCs constantly need to move their money around from one part of world to another.. and they dont wait for monday to come..
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Purple replied Dec 13, 2010ya I traded the gap in morning.. if thats what you want to know.. its kindda obvious from my post earlier.. init?

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Purple replied Dec 13, 2010When ECB bought Euro bonds, Euro went higher.. so it could have same effect for dollar..
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Purple replied Dec 13, 20101315 GMT [Dow Jones] EUR/USD and EUR/JPY are rising Monday amid growing confidence that Ireland will approve a EUR67.5 billion bailout package from the EU and IMF. The vote, which takes place Wed, should help settle Ireland's faltering economy and ...
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Purple replied Dec 13, 2010NEW YORK (Dow Jones)--The Federal Reserve will buy Treasurys maturing in the next six to seven years Monday. The purchase is the first since the Fed announced its latest buying schedule Friday for December and January. It will buy $105 billion in ...
EURUSD
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Purple replied Dec 13, 2010The ICAP's EBS system which some are referring to as 'real interbank', is seldom used over weekends by bankers to execute trades... because even if they do it over EBS they will have to wait till monday to see the actual converted money come to ...
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Purple replied Dec 13, 20100719 GMT [Dow Jones] While there are good fundamental reasons for a lower EUR/CHF, investors may be unwilling to go into Thursday's Swiss National Bank meeting holding short positions, says UBS. "In the light of a thriving domestic economy the SNB ...
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Purple replied Dec 13, 2010@ GulfCoastPip image and others who deny Gap theory.. Well when the brokers close on Friday at 5.30EST or something.. at that time the Forex market also closes. In theory the market is open through the weekend... but in reality its closed.. only ...
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Purple replied Dec 12, 2010The general thumb of rule I apply to guess who is next in line to disappear is that the more one posts and the larger fan following/people worshiping he has, the quicker he goes.. I have seen people like Forexlions22 come and go every 6 months.. ...
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Purple replied Dec 12, 2010Nice first post.. welcome to FF.. and you will feel like homey here coz I dont think anyone ever lost any money in here.. everyone bet their kidneys and lungs on that, statement or no statement..
But people do tend to dissapear sooner or later ...EURUSD
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Purple replied Dec 10, 20101556 GMT [Dow Jones] The US economy could finally be moving in a better direction when it comes to the labor market, economists at regional bank PNC wrote in an email note. Better-than-expected trade and consumer-sentiment data released Fri combined ...
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Purple replied Dec 10, 2010FREIBURG, Germany (Dow Jones)--French President Nicolas Sarkozy and German Chancellor Angela Merkel Friday repeated their "total" commitment to defending the euro and the region's financial stability. "Our determination is total," Sarkozy told a ...
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Purple replied Dec 10, 2010Here .. we have a massive player.. didnt knew hedge fund people use FF too..
EURUSD