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100PipsADay replied Nov 7, 2012I've seen the the lack of correlation between EUR/USD and US Equities time and time again, if what you're saying is true then Stocks could have / would have rallied and EUR would have tanked. They don't always move hand in hand... I think it was ...
AUD/USD
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100PipsADay replied Nov 7, 2012EUR/USD is about to break a MAJOR support at 1.275. This support has been pretty significant, so once it breaks it will fall hard! S&P 500 now sitting at major weekly TL. DOW has already broken through it's weekly TL. NZD/USD looks like it might ...
AUD/USD
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100PipsADay replied Nov 7, 2012AUD/USD Real-Time Technical Analysis Hourly (1st Chart) & Daily (2nd Chart)
AUD/USD
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100PipsADay replied Nov 7, 2012If you're going to long anything at the moment then AUD is your best bet.
Good luck BrockLesnar!AUD/USD
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100PipsADay replied Nov 7, 2012I'm not worried, I sell when "over bought" on H1 time frame and use 160-180 pip SL's. I'm expecting another leg down if 1.275 is broken, then will sell on the retrace of that leg. Let's see what happens, tonight is looking a little "RED" for news ...
EurAnalysis
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100PipsADay replied Nov 7, 2012LOL OK, I thought maybe it was me that did something to my settings...
Thanks for confirming Gnomoney!EurAnalysis
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100PipsADay replied Nov 7, 2012Yea I'm not entirely sure why all markets are in "sell off" mode but I'm definitely not going to fight the trend. Probably worried about Obama being back in office, I don't blame them...
EUR, GBP, and even AUD are looking good, need to wait for a ...EurAnalysis
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100PipsADay replied Nov 7, 20121.275 is about to be taken out... This was my line in the sand so to speak. Once broken and confirmed on today's close I am definitely bearish on EUR and will look to enter when H1 shows over sold on Williams %.
By the way, the forum threads ...EurAnalysis
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100PipsADay replied Nov 7, 2012Yea I understand, I treat this business very seriously but am still fairly new with a little over one year of trading under my belt. I'm going to head over to your site again, thanks for pointing me in the right direction Strat, it should help. I am ...
Strat's Long Term Stress Free Trading
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100PipsADay replied Nov 7, 2012Yep... Looks like investors are losing confidence. As the poster above stated, Euro crisis and US fiscal cliff back in focus. This means Bullish USD and Risk Off. I would rather wait for the dust to settle before playing any USD pairs and JPY cross ...
AUD/USD
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100PipsADay replied Nov 7, 2012Closed out ALL of my longs for the time being. May look for a better setup but I was not liking price action at all... Currently only short EUR/AUD and GBP/AUD. Will wait on any A/U or A/J trades for the time being. I was wrong about 83.50 ...
AUD/USD
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100PipsADay replied Nov 7, 2012I spoke too soon. I should have waited for this week's close before jumping the gun. I closed out my positions when NY opened up as I noticed everything started falling again... Obviously I need to read through this entire thread one more time as ...
Strat's Long Term Stress Free Trading
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100PipsADay replied Nov 7, 2012There is a weekly downward TL at 1.058. After that there is major resistance "zone" from 1.08 - 1.10. I'm not long AUD/USD, I'm long AUD/JPY with a target of 88.00. We have already broken out of the 83.50 resistance so next MAJOR resistance zone on ...
EurAnalysis
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100PipsADay replied Nov 7, 2012I agree (in regards to the FED) which is why I've been long on AUD for the past few weeks, particularly A/J. If I short the EUR I normally short against AUD. It's a lot smoother in my opinion...
EurAnalysis
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100PipsADay replied Nov 7, 2012Fed's Current Targets — Fed's Rosengren sets 6.5% jobless rate for Exit WASHINGTON (MarketWatch) - The unemployment rate would have to drop near 6.5% before the Federal Reserve should raise short-term interest rates, as long as inflation ...
EurAnalysis
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100PipsADay replied Nov 7, 2012Nice!! Keep us posted when you have a nice short setup. Curious, are you a Day Trader, Swing Trader, or Position Trader?
AUD/USD
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100PipsADay replied Nov 7, 2012Hey Nachiket, I'm doing good, still holding onto my A/J longs until 87.50 - 88.00. AUD is definitely bullish at the moment and is outperforming just about every other currency out there so I will not look to short until the time is right. Also short ...
AUD/USD