Why are you waiting for anything? Just go with the flow.

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wow, this is like uber cool, almost a 100pips move in 3 minutes.

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gatorinla, maybe it does but the Gold Standard was abandoned in 1933 for American citizens and in 1971 for the rest of the world. Gold, since then, is not a foundation of American monetary system. Back then it was determined by the amount of Gold ...

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This is not an issue of a world "growing up", learn how the money works.

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psiholog, I really do hope USD survives the crisis but the situation went too far and there's no turning back. Debt creates more debt and more debt creates even more debt and this goes on until the bubble bursts and we start all over. I really hope ...

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Export to EU: $1.952 trillion (2007) Import from EU: $1.69 trillion (2007) EU and US are by far the biggest partners in the world and they have a very good import/export business going on so imagine a sudden huge drop of USD. It would kill the ...

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The long worked out for me just fine. Took 13pips, now I'm def out for this week. Overall +40 for today. I found my holy grail. The key is in big lots and small pips . Good trading to all.

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If there is to believe this EW pattern we can expect a drop of some 30pips more and then a jump upwards. Anyway, it IS freaky friday but it's still friday so I wouldn't count on something spectacular to happen. Be careful guys. I think I'm done for ...

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wow look at it go, beautiful

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That's interesting.

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Perhaps we see the same situation from a different perspective. It's more observing than watching. Imagine that you are in the box and we're looking down at you. I wouldn't prefer the expressions "conspiracy", more like logic and common sense.

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It will be a crash of monetary system before FED becomes national institution. Your wish my friend. What Thomas Jefferson said back then is damn right on the spot but there is no single man or organization that will ever control FED. FED is the ...

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I still have a resistance line at 3820 since two months ago and good thing is I didn't delete it because looks like that just might be the price level EU is heading for. So I'm thinking long towards 3820.

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Probably 1,33xx.

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This is still news reaction I believe.

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I was long yesterday at 3700 expecting 3820 going -150pips just to close the position today before the news at -30pips because that looked appropriate and right now I'm long again since 3700 expecting 3820. What a wonderful life.

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Nobody knows for sure, I guess it's one of those times (1/10) when the price goes the opposite way of the news and there's nothing you can do about it.

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What the hell was that? Can someone explain please.

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Well I'm long too with the same target as Ronin77 .

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