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- 666 Results (657 Replies, 9 Comments)
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Firstboss replied Mar 22, 2013Daily PP @ 122.90 is a safe TP. The upper boundary of BB is converging right above it and pointing down. It will be a strong obstacle - will take a few1-hr candles to bend it for a move higher. Of course, EUR/JPY is known to move from S1 to R1 ...
EURUSD
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Firstboss replied Mar 22, 2013Closed half of my EUR/JPY long @ 122.32 - below mid-BB for the day Riding the rest till just under the daily PP (122.90)
EURUSD
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Firstboss replied Mar 22, 2013Jives well with - (you probably guessed what I am about to say next) - closing of the gap from the previous Sunday
After it happens there will be a nice shorting opportunity indeedEURUSD
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Firstboss replied Mar 22, 2013Agree - if it breaks through daily Sup.0.5 (122.19) and mid-BB (122.39), should be a nice ride north to the daily PP I went long @ 122.00
EURUSD
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Firstboss replied Mar 21, 2013Exactly! Because multinational corporations are more powerful, than various governments including those of G8 nations, the tax-evading jurisdictions are still allowed to operate within the World Trade Organization instead of being penalized into ...
EURUSD
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Firstboss replied Mar 21, 2013Forex trading is no place for emotions. It's a cynical world, where only rules of your strategy matter.
EURUSD
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Firstboss replied Mar 21, 2013It's not about the measly £12,000 dividends payout - all the loopholes for small business are just side effects. These loopholes are dictated to politicians by the serious entities like GE and Google, for example. They effectively pay between 0 and ...
EURUSD
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Firstboss replied Mar 21, 2013I see your point too, but... The game rules are never changed if indecent behavior is not punished. Things like abolition of slavery, appearance of labor laws, freedom of speech, equal rights for women and then for races - they are all artificial ...
EURUSD
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Firstboss replied Mar 21, 2013There are many examples of indecent, foul, and shameful actions that are technically legal, tax evasion being one of them. Besides, as a corporation or institutional investor you are a part of the legal problem, as you literally dictate the wording ...
EURUSD
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Firstboss replied Mar 21, 2013Not really fair. Tax evaders from Russia have money in Cyprus, while taxpayers pick up the bill for the loan. Although, it's a worlwide trend
EURUSD
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Firstboss replied Mar 21, 2013I, for one

Added longs in EUR/USD (@1.2911), and GBP/USD (@1.5184) GBP/USD, AUD/USD and NZD/USD have broken up very nicely. Risk appetite is in place - everyone just waits for any certainty with Cyprus and build momentum up on EUREURUSD
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Firstboss replied Mar 21, 2013Thank you for the correction on the EUR/GBP gap - my mistake, was looking at the daily chart Closed my EUR/GBP short with a 1-pip loss
EURUSD
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Firstboss replied Mar 21, 2013You must have meant EUR/USD... There is no gap left on EUR/GBP - it was closed on yesterday daily candle @0.8602. EUR/GBP is currently breaking through 0.85 for a nice trip south
EURUSD
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Firstboss replied Mar 21, 2013I am there - and I personally rode the closure of all the gaps on EUR cross-pairs. Now EUR/GBP is free to fall even further below 0.85 - a lot of room on weekly chart. I am short EUR/GBP for an extended period of time
EURUSD
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Firstboss replied Mar 21, 2013Gaps have been now closed on all EUR cross-pairs except EUR/USD
EURUSD
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Firstboss replied Mar 20, 2013I am still riding my longs on EUR/USD and EUR/GBP for the Sunday gap closure. The gap on EUR/CAD has been closed with a profit of 50 pips.
EURUSD
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Firstboss replied Mar 20, 2013Another long at daily R1 (1.2956), targeting 1.2984 with this extra trade
EURUSD
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Firstboss replied Mar 20, 2013It will get there this week, today momentum isn't strong enough. The gap closure is a very good entry point for shorts - it is also at the top of BB band on the daily chart, and BB is a serious obstacle - it's not that easy to bend it upwards
EURUSD
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Firstboss replied Mar 20, 2013Brokers are irrelevant. Market-makers are closed on the weekend together with inetrbank market. Sunday brokers are more like bookmakers
EURUSD