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navk replied Nov 21, 2012I will exit at 1.2836 first. In my chart this is first support. Reenter short again after some bounce is complete.
EURUSD
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navk replied Nov 21, 2012My broker offers like this : eurusd,audusd : 1.5 gbpusd : 1.7 eurjpy,cadjpy : 2.2 audjpy : 2.7 All are variable.
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navk replied Nov 21, 2012I would rather trade eurjpy, cadjpy, audjpy instead of audusd. The spread is slightly more but not that big. As long as spread /ADR is less than 3 %, it is fine. AUDUSD, EURUSD,GBPUSD these days not trending.
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navk replied Nov 21, 2012Have you seen the Index ? why you want to trade aususd ? Any reason ?
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navk replied Nov 21, 2012I lived in Arab countries ( though I am not an Arab ) for 20 yrs, I know what you mean.
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navk replied Nov 21, 2012See the index, it will tell you why jpy pairs are trending.
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navk replied Nov 21, 2012Yah correct. lol. Many pairs are like that, exception is jpy pairs.
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navk replied Nov 21, 2012According to my chart, the AUDUSD has not decided what to do for several days now if you see daily chart. lol. I stopped trading in audusd.
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navk replied Nov 21, 2012Gator, The daily ATR shows 120 % already. So I expect only retrace from now.
EURUSD
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navk replied Nov 20, 2012Gator, I dont think that 1.2840 is going to be tested, before that I expect 1.2640.
EURUSD
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navk replied Nov 20, 2012I am with you already. 1.2820/40 is target before pulling back down.
EURUSD