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Wulfgar replied Jul 21, 2012Absolutely! heading back there right now actually!
What a glorious weekend! Good video, certainly seems like our very solid downtrend is set to continue without much to stop it short of a massive combined intervention. Kathy Lien knows her stuff ...EurAnalysis
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Wulfgar replied Jul 21, 2012Good analysis Tom. Anything is possible. Our best course of action as traders is to take it one move at a time and practice patience, money management, and humility. I have been saying it for quite some time now(I think back when price as in the ...
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Wulfgar replied Jul 21, 2012Wow! Great history lesson! I just spent half hour digesting this! Thanks Tom!
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Wulfgar replied Jul 20, 2012G The key will really lie in the QE that the BOE is embarking on. Frankly cable has NO fundamental reason to be trading as strong as it is. All the numbers clearly show the UK is in a deep recession/mild depression. Yet the Gilt purchasing program ...
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Wulfgar replied Jul 20, 2012Oh no doubt my friend. Hopefully now we just hit that next 1.2000/1.2019 channel before oscillating again so I dont get stuck with "foot-in-mouth" syndrome... lol Thanks man, numbers have been pretty hard wired this summer so far. Ive taken a minor ...
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Wulfgar replied Jul 20, 2012I have a VERY significant number right at 2165 that shows up on many calculations and TFs on charts. I think it is an outstanding area to TP and shut down for the weekend my friend. And of course get your drink on! lol
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Wulfgar replied Jul 20, 2012
Itll be a nice weekend at the beaches here... I sprained my ankle pretty bad last night playin basketball. Im lookin rest it off by layin at the beach drinkin my pain away and catching some sun. lolEurAnalysis
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Wulfgar replied Jul 20, 2012Hey guys Sorry I havent been around to post up my daily analysis. Been a bit busy with my day job and other responsibilities. Lookin back over yesterday DOW – up 34.66 points to close at 12,943.36 Oil – up $2.79 to close at $92.66 – next level of ...
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Wulfgar replied Jul 18, 2012Update, The EU short trade triggered and I closed it entirely at the 1.2238 Medium term channel level. It did overshoot to the 1.2217 but My trade plan was NOT set up to get greedy in an oscillating market G/U trades never triggered +26 pips on the ...
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Wulfgar replied Jul 18, 2012Hi Tom The dark side of QE has reached a critical mass here in the states. The layman knows what QE is and he "understands" that it is also a last ditch effort by policymakers to "keep bankers rich", which is looked upon very negatively. It isalso ...
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Wulfgar replied Jul 17, 2012Hey guys... just got done looking over the markets and wanted to share my review and trade reco's for the next 24 hour period 6 of 22 pairs moved 100+ overall pips during last 24-hour session. The Bernank Bernanke noted that the US economy has ...
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Wulfgar replied Jul 17, 2012PT we are both lookin at the same thing Europes closed. shut down shop leaving a small amount still short. Im off to spend the day at the beach bbl with the review for the next 24 hours. good morning/night/afternoon everyone Good luck Wulf
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Wulfgar replied Jul 17, 2012Update I entered a short on the E/U at 1.2299 last night targeting the Channel bottom area of 1.2200-1.2219 area. I have just closed 70% of that position at 1.2219 after Bernankes speech and this stall point. He did reveal that more Bond purchases ...
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Wulfgar replied Jul 17, 2012PT The word on the street is repatriation That last rally from 1.3150 to 1.4246 was due in large part to the open swap lines heavy use from French banks. Rumor is the same game is being played. Do I think It will lead to a 1000 pt rally? No, I ...
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Wulfgar commented Jul 16, 2012yes they devalue the usd by using the no-intrest swap lines to sell thier USD reserves and buy Euros to repay their debts targeting arounfd 1.2460 personally
Repatriation sends EURUSD to 1.2300