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Maxsmart replied Aug 11, 2010Short targeting 1.2550 — We have now seen the signs and shifts and fundamentals. The market is beginning to trade off of the economic outlook once again instead of the corporate earnings. Given the FED, European, and UK economic downgrade we ...
EURUSD
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Maxsmart replied Aug 9, 2010looks like we will see 1.5720 tonight — Looks like we will see 1.5720 tonight
Cable Update (GBPUSD)
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Maxsmart replied Aug 9, 2010limit buy @ 1.31 — I have a limit buy order @ 1.31. Profit target will be 1.35. with stop on a close below 1.30. Otherwise I will wait till tomorrow's FED announcement. This price movement is interesting ahead of the FOMC. I was rather ...
EURUSD
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Maxsmart replied Aug 8, 2010GBP may go to 1.66 — GBP/USD may be heading to 1.66. Strength in the equity markets, a quick turn around in European sentiment from the EURO possibly breaking up to "the fears were completely overblown," and most importantly the market ...
Cable Update (GBPUSD)
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Maxsmart replied Aug 8, 2010www.ikongm.com accepts moneybookers and paypal and is regulated by the NFA and CFTC. But they dont like scalpers.
EURUSD
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Maxsmart replied Aug 6, 2010not moving in line with the stock market — I am so happy that the eur/usd is not moving in line with the soap opera of the stock market today.
EURUSD
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Maxsmart replied Aug 5, 2010Cup and Handles never seem to work when I see traders posting on this thread. That being said I think I'll be waiting for more data before I make a decision. There's a good case for either direction with the S&P slightly above resistance on light ...
EURUSD
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Maxsmart replied Aug 4, 2010I think that Technically it makes alot of sense for us to see a bounce off of near 1.33 here. But I think that nfp will help us see just how much of a bounce we might get here. I'm waiting...
EURUSD
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Maxsmart replied Aug 4, 2010I like your signature. I battled so much on the 10:1 leverage that I'm too tired to look into this. It's just getting annoying now
EURUSD
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Maxsmart replied Aug 3, 2010I exited my long at 1.32. I'm trying to stay nimble ahead of nfp. I think that could provide a better direction from here as well as maybe a good place to get a pullback and go long the euro.
EURUSD
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Maxsmart replied Aug 2, 2010Right at Resistance — I still think it depends on how the week closes. Here is a chart of the SPY. We are bumping up against resistance. Look at the Low Volume today though. Even though we are seeing a large move. Let's see if we break ...
EURUSD
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Maxsmart replied Aug 2, 201040 more pips till my initial spot profit target. And I'm out. Then I may consider that PUT for fun. but continue long spot. Depends on how S&P handles NFP and 1120 resistance.
EURUSD
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Maxsmart replied Aug 2, 2010yep the premium on a put on the EUR/USD @ a strike of 1.31 is only 107 pips to expire on the 8/19/2010. If i did 45 days from now on 9/16/2010 the premium is only 180 pips. at the strike of 1.31 put. Usually the premium will be about 200 something ...
EURUSD
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Maxsmart replied Aug 2, 2010Put for fun — I think I'll buy a put at about 1.3150 to 1.32 to expire in about 25 days or a month just for fun since option prices on the eur/usd are so low right now. But we still havent seen any signs for dollar strength. Just the ...
EURUSD
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Maxsmart replied Jul 27, 2010In reference to 1.38. My First target is 1.32 to 1.33 at which point I will re-assess the trading environment for new targets. I dont believe things should be set in stone when you are trading as things change every day. I am saying that when an ...
EURUSD
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Maxsmart replied Jul 26, 2010If we get up to 1.38 and head back down we could start forming the right shoulder of a head and shoulders.
EURUSD
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Maxsmart replied Jul 26, 2010Oh I agree there's tons of poor economic fundamentals. The markets are just ignoring them though and focusing on corporate profits for the time being. And until we get new signs and new data to turn us back towards reality we just have to go with ...
EURUSD
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Maxsmart replied Jul 26, 2010I'm long from 1.29 so i mean it depends on your trading strategy. And I usually never trade unless I'm going for at least 200 pips. I'm extrememely confident though because we are still heading north after the stress tests. Markets are ignoring ...
EURUSD