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T@rantula replied Jun 21, 2010I would not laugh...even if that sounds unrealistic from this point of view, how many of us would believe that EUR will drop from 1.6 to these levels. USD was condemned to fall and yet that happened to EUR. Nothing is certain in forex and macro ...
EURUSD
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T@rantula replied Jun 21, 2010And this leads us to the conclusion that this can be a normal retracement and no sign of reversal soon. Still, 2 weeks of bullsih rally w/o any bearish retracement opens up a possibility of major bullish retracement before further rise or fall
EURUSD
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T@rantula replied Jun 21, 2010Exactly, I am surprised too...2526 is a number on my charts too...then 2611 that could open a potential 28xx...
EURUSD
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T@rantula replied Jun 21, 2010I have closed it at 2330. Its being oversold atm, that can be a signal to prepare longs
EURUSD
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T@rantula replied Jun 21, 2010As I trade on m30 and H1 I usually watch h1 and h4 to confirm it, although I pay attention to d1 on a daily close

EURUSD
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T@rantula replied Jun 21, 2010OBV indicator is the indicator of On Balance Volume. I dont know where u can find it as this 1 is a part of paid indies that have been compiled and modified. U need to consider momentum and other divergences adding to OBV as OBV itself can be ...
EURUSD
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T@rantula replied Jun 21, 2010On Balance Volume explanation — I usually watch OBV chart as it gives me an insight of Volumes and momentum. OBV gives us a running total of volume flow and its slope can tell us whether the currency pair is being bought by buyers or sold by ...
EURUSD
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T@rantula replied Jun 21, 2010Nice chart, as we can see volumes on buy/sell can pinpoint a direction. Taking volumes into account I can see a bearish divergence at ON BALANCE VOLUME chart but its still normal/classsic one. Behind it there is a clear bullish divergence which is ...
EURUSD
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T@rantula replied Jun 21, 2010Well guys we had 2 full weeks of rally w/o any retrace. If risk appetite wins we could stay and close above 2300. 2280-2250 could be next target in this bearish rally. Im still inclined to buy dips as every rally has its retrace period. As we ...
EURUSD
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T@rantula replied Jun 21, 2010exactly if we go below 2350>2300>2280>2250 above 2420>2465>2500
EURUSD
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T@rantula replied Jun 21, 2010Momentum is bullish. I cant see a hidden bearish divergence on momentum yet. I would dare to say that we could go to 26xx level this week.
EURUSD
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T@rantula replied Jun 20, 2010There are many types of divergences. RSI, MACD, OBV, MOM, CCI,OsMA,STO... U can never rely on one and only. MACD is not strong enough to negate MoM and OBV divergences
EURUSD
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T@rantula replied Jun 20, 2010Here..and it's a strong one. It hasnt been negated so far image
EURUSD
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T@rantula replied Jun 20, 2010H4 Momentum hidden bullish divergence since Friday. Momentum and OBV divergences are the strongest of all divergences
EURUSD