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Purple replied Jun 21, 2010From what one trader told me, China wants to move from 'Cheap products country' to more 'High end product' country. There long term strategy is to compete with Japan and Korea in Auto and high end electronic products sector. Chinese move to relax ...
EURUSD
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Purple replied Jun 21, 20100208 GMT [Dow Jones] USD/CNY rises despite sharply lower central parity after wave of USD buying by Chinese banks on opening, traders say. In OTC, USD/CNY at 6.8142 vs 6.7976, modern era closing low. USD/CNY central parity set at 6.7980 vs 6.8275 ...
EURUSD
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Purple replied Jun 21, 2010From what i see, china appreciating its own currency, benefits the Chinese and US economy most. It would adversely effect Japanese, Korean and EU economy.
EURUSD
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Purple replied Jun 21, 20100150 GMT [Dow Jones] Lower USD/CNY parity fix provides strong reassurance that China is serious about stepped up CNY flexibility, says Richard Grace, FX strategist at CBA. Says it's likely that for the moment the Chinese authorities are testing the ...
EURUSD
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Purple replied Jun 21, 2010i already have an open short from 87.70.. and suddenly bam! i get a panic text message abt the move..
EURUSD
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Purple replied Jun 21, 2010Not looking so good at the moment.. I think it must form a bear candle today to get further down move from tomorrow.. if it breaks today's high again.. I will cut loss and get out.
EURUSD
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Purple replied Jun 21, 2010I am stuck in Aud short too.. it didnt even cover today's gap completely.

EURUSD
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Purple replied Mar 28, 2010Greece will be selling Eurobonds this week.. March 27 (Bloomberg) -- Greece is planning to sell Eurobonds next week, a move that will test the rescue plan devised by euro-zone leaders, the Financial Times said, citing an interview with Petros ...
EURUSD
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Purple replied Mar 26, 2010And it stalled.. lets see where we go on Monday...

Cable Update (GBPUSD)
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Purple replied Mar 26, 2010Its just stop hunting, if you leverage yourself well you can stay out of this up move..
Cable Update (GBPUSD)
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Purple replied Mar 26, 2010It broke today's earlier high today, but now here at 149.20 region it can stall and close for the week and continue its downleg from Monday.. I would just stay out till I see the Momentum direction on Monday. At present its neither bullish, more ...
Cable Update (GBPUSD)
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Purple replied Mar 26, 2010It is too early to call longs, it will break today's high till now north, but it can stall at 149.20 area and fall again from Monday. Only a strong close above 150-150.20 with good volume makes it bullish IMO.
Cable Update (GBPUSD)
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Purple replied Mar 26, 2010We must break 147.80 level in next few hours orelse it can shoot up and close at 150 level forming a Doji again on weekly charts pushing it higher again from next week. We are at the decisive level right now.
Cable Update (GBPUSD)
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Purple replied Mar 24, 2010With all the large withdrawals I made from my Account recently to pay for my College Tuition and my recent loss in over leveraged Euro long positions I have, I almost bust my account today, I booked loss right now on all my EU long, I am all out, ...
EURUSD
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Purple replied Mar 9, 2010I am long, but I think its gonna go south and I might have to cut loss..
EURUSD
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Purple replied Mar 7, 2010Like I said before, I am long too, but I just went long last Friday, and have not been holding long like for 4 weeks hoping it will go to 140. Dun dun..
EURUSD