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Maxsmart replied Jul 26, 2010prolly. But we are going to 1.32 to 1.33 a 30 pip movement wont do too much damage lol.
EURUSD
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Maxsmart replied Jul 22, 2010I dont wanna be dramatic. But if the markets close strongly I'm back in long till 1.32 even ahead of the stress tests
EURUSD
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Maxsmart replied Jul 22, 2010I dont usually trade short term — I dont usually trade short term but it looks to me like 1.2860 resistance is gonna break with the new higher lows formed on the hourly chart.
EURUSD
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Maxsmart replied Jul 22, 2010Existing Home sales could actually move the market today. If it comes in below expectations it will point to a double dip in housing. If it comes above expectations and above the last reported number the markets will probably rally even more. Think ...
EURUSD
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Maxsmart replied Jul 21, 2010because investors make a flight to quality and buy safe haven low yielding assets such as the dollar and the yen and shun high risk high yielding assets.
EURUSD
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Maxsmart replied Jul 21, 2010Statement pretty much the same — lol I was wrong. His statement is basically the same as last time except for a downgrade in their prediction of job growth and no mention of managing the account deficit. But the markets sold off on the ...
EURUSD
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Maxsmart replied Jul 21, 2010Bernanke in 45 min. 35 seconds — I don't think Bernanke will have much of a affect on the markets. But if he does, I see more of a chance of Bernanke pushing the eur/usd higher than anything else. If he acknowledges, deflation and reiterates ...
EURUSD
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Maxsmart replied Jul 20, 2010Exiting early — Exiting Trade early @112.50 for a profit of 4 pips because of engulfing bullish candle on the daily chart of S&P. Will wait and see direction.
EUR/JPY Anytime!
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Maxsmart replied Jul 20, 2010The equity markets have not had much affect on the eur/usd lately thanks to china buying all of the euros debt. Unless this week shows evidence to once again lose confidence in the euro. This trend will continue with the dow up or down for a while.
EURUSD
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Maxsmart replied Jul 19, 2010china releasing their peg to the dollar more than anything else and increasing their holdings of european debt. They are buyin up these auctions.
EURUSD
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Maxsmart replied Jul 19, 2010you could be right — You could be right 114.50 may not be out of the cards. I am cautiously short
EUR/JPY Anytime!
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Maxsmart replied Jul 19, 2010Cautiously short — Short 112.57 limit order @ 109.00 stop order @ 113.50 risk: 93 pips potential reward: 357 pips The reason for this trade is the strong resistance that the EUR/JPY has at 113 and the channel that has formed. Additionally, the ...
EUR/JPY Anytime!
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Maxsmart replied Jul 18, 2010First its ooh and aww, and then theres running and screaming — Based on what your saying a long straddle could be a good play to expire in a month. However, I think that if the results come in good. The knee jerk reaction will be positive for ...
EURUSD
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Maxsmart replied Jul 18, 2010Stress Tests — Yes, I believe that after the stress tests are announced, and earnings are all in that that may be the signal to short the EURO once again. Whether the results in the stress tests are good or bad. I feel that one of the ...
EURUSD
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Maxsmart replied Jul 16, 2010Depends on market reaction to if tests were stringent enough — the Eurozone is conducting the tests to restore confidence in the markets and not to shake things up. I'm sure the tests will be toothless and results will state that all problems ...
EURUSD