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shellsnail replied Mar 26, 2013may have seen a intermediate bottom in euro today... watch next 24 hours for confirmation.
Trading EURUSD only
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shellsnail commented Mar 26, 2013they are averaging down into losing positions.. I'm sure they'll keep doing it until they breakeven... lol then euro might finally collapse.
EU to push for losses on big savers at failed banks: lawmaker
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shellsnail commented Feb 12, 2013"We, the G7 Ministers and Governors, reaffirm our longstanding commitment to market determined exchange rates and to consult closely in regard to actions in foreign exchange markets. We reaffirm that our fiscal and monetary policies have been and ...
G7 official says G7 statement was misinterpreted, statement signaled concern about excess...
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shellsnail commented Feb 11, 2013he didn't mention anything about QE, in fact he said to let the market decide the price of euro lol. when he said that the euro crashed 200pips I wonder who sold?
ECB’s Weidmann Says Euro Not Seriously Overvalued
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shellsnail commented Feb 11, 2013you're assuming euro goes north!
ECB’s Weidmann Says Euro Not Seriously Overvalued
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shellsnail commented Feb 11, 2013there's no such thing as certainty in forex.
ECB’s Weidmann Says Euro Not Seriously Overvalued
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shellsnail commented Feb 6, 2013[quote=Bakker;6423923] doesn't look like a double top to me on the daily chart. bears are in control intra-day **for now, maybe not for long**, but the long term trend is still up. A break above weekly pivot will send this thing to new highs.
German government spokesman says EUR is not overvalued
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shellsnail commented Feb 6, 2013haha does it really matter what the news is, the charts were pointing to a double bottom formation, just had to leave the stop-buy orders in and ka-ching 20 pips.
German government spokesman says EUR is not overvalued
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shellsnail commented Feb 6, 2013so what story is it this time?

Euro Rockets To 1.3565 On MNI Sources Story
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shellsnail replied Feb 6, 2013Well if you guys continued watching the EUR/USD market, the next couple candles formed another battle zone. this time, bulls were luckier: 1min chart. notice i'm just focusing on entries here, nothing about exits yet.
Theory of the Market
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shellsnail replied Feb 6, 20131 min chart. you see bullishness - good, and then you get a three-wave rally from the low. london opens and there's no follow through (4,5th wave) i.e. the upmove was corrective. no entry because new highs not made.
Theory of the Market
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shellsnail replied Feb 6, 2013Happening live on EUR/USD Let's watch what happens.
Theory of the Market
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shellsnail replied Feb 5, 2013Lol, do you see any indicators on my chart? besides, don't hate indicators, they can be useful if you know how to use them. Even candlesticks are indicators because they transform pure price data into something else... The important thing is to know ...
Theory of the Market
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Theory of the Market
Started Feb 5, 2013|Trading Discussion|5 replies
Ok, just thought that I will share of my ideas about the market. Feel free to comment and ...
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shellsnail replied Feb 5, 2013For example, recently, with the JPY interventions, JPY pairs have been in play for quite a while now and they offer really obvious set-ups. The most obvious pair that is always in play is EUR/USD. I have started a discussion on this url
EASY H1 trading using divergence and candle sticks
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shellsnail replied Feb 5, 2013Wouldn't want to hijack this thread, but, check out "ramblings of a forex junkie" thread somewhere on this forum, my trading method is pretty similar to his. In general, in order to get positive price action > negative price action, we need to enter ...
EASY H1 trading using divergence and candle sticks
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shellsnail commented Feb 5, 2013haha the answer is that, the analysts simply follow the market. The market is always right so if price goes up they tend to look for reasons to validate the phenomenon...
Euro Rockets To 1.3565 On MNI Sources Story