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MissPips replied Oct 23, 2015Who'd join though? Can't really see the US, the Swiss, the UK or the Chinese or the Japanese giving up their currencies.
EURUSD
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MissPips replied Oct 23, 2015You mean you think they're going to revert back to national currencies?
EURUSD
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MissPips replied Oct 23, 2015That's why I only trade EURUSD. Can't keep track of so many things for more than one. I don't trade from that chart - just check it once a day to see where things are on the big picture. Also that one is keeping track of whether the price is still ...
EURUSD
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MissPips replied Oct 22, 2015Looks like it's holding meanwhile. Interesting to see if it closes above or below it...
EURUSD
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MissPips replied Oct 22, 2015Oh this time you're right! Now I was the one who had it backwards
. Well the main thing is that the price is between the two of them, now it remains to be seen if the bounce there will hold.EURUSD
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MissPips replied Oct 22, 2015No, you were right. The daily EMA is at 1124 (orange MA on the chart). The daily SMA (crimson on the chart) has been restraining it to the topside. So that's why I thought your remark was interesting. What I meant was that it will be interesting to ...
EURUSD
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MissPips replied Oct 22, 2015
And if you add the 200 SMA to the daily you will see something interesting also.EURUSD
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MissPips replied Oct 22, 2015Yeah that too. Just compounds the problem, especially since before the EURO you had the fiscal and monetary policies of the respective countries being set by the same party (or at least connected parties) and now you have the fiscal policies being ...
EURUSD
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MissPips replied Oct 21, 2015Yeah I know but I don't really trust that psuedo calculation for reasons explained above. Thanks, though.
EURUSD
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MissPips replied Oct 21, 2015There wasn't any Euro until 1999. I don't think a simulated value based on a basket of the currencies that were included is quite the same, because even though there was the ECU, people and nations still bought and sold stuff with marks, franks, ...
EURUSD
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MissPips replied Oct 21, 20151.1209-10 is the 38.2 level if you run a fib from the all time low at 0.82 to the all time high at 1.6. That's why there's so much fighting going on over it.
EURUSD
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MissPips replied Oct 21, 2015The two of you aren't being very creative about how to make a profit. Whichever one of you turns out to be right puts up a trade explorer, starts a subscription service, and then you split the profits from that!
EURUSD
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MissPips replied Oct 21, 2015Didn't say it wasn't and didn't say you can. Did say that most times price likes to go back to where it was before the market got surprised. And even on very long timeframes you can see that. Here's some charts with major news events marked on them. ...
EURUSD
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MissPips replied Oct 21, 2015Thank you Rocky. That is very interesting. (Although I have to admit I was wondering what PharmOr was going to say when he saw it
)EURUSD
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MissPips replied Oct 21, 2015Its not necessarily March that's the thing that I think matters. That's just where I dragged the end of the fib. (Unlike you, I'm not a 'real yekke'
) Its that the 100 level starts from the high in September 2001 (a high that was being ...EURUSD