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acidguy replied Jan 14, 2014market love round numbers and this one is important, may be there many buy orders lying at 1.0xx area, im very tempted to short it but still not any bearish signal, RSI and many indicators say the party may continue to 1.150 at least.
USD/CAD
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acidguy commented Jan 14, 2014stock market have already corrected, the collapse of financial companies are over for now and shares rising to normal levels, many new big companies in the stock since 2-3 years ago, so... oil price is a big bubble, gold has corrected, silver, ...
Goldman: 4 Reasons Why You Can't Say The Stock Market Is A Bubble
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acidguy replied Jan 14, 2014looking very tempting to short usd/cad at 1.0975 as there is strong resistance 1.0984 but sure the market will try to push above 1.0xx going maybe at 1.1200 for a pullback then.
USD/CAD
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acidguy replied Jan 14, 2014all automated traders should crash, they are like viruses messing with the the markets, its all about numbers, crude oil next stop @94.
Oil and Natural Gas
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acidguy replied Jan 14, 2014market sentiment look like have changed in the short term as usa data is better than expected, i think oil will try to test support at 91 mids in the next hours, will take another long to 93 area.
Oil and Natural Gas
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acidguy commented Jan 13, 2014in forex there are just 2 sides, they got it right this time like flipping a coin.
Is China's economy headed for a crash?
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acidguy replied Jan 13, 2014bullish movement not going to go away so fast, there are not yet reasons besides overbought and market does not care much about this, will put first short at 1.6410, anyway this pair will go wild in some hours, could go 1.65 again or 1.62xx area ...
Cable Update (GBPUSD)
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acidguy commented Jan 13, 2014if the current news trend continues it maybe will, everything is a bubble and bad sentiment can pop it.
Is China's economy headed for a crash?
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acidguy replied Jan 13, 2014long at 91.70 tp 93, will get out if oil makes a recent lower low, the only problem with oil and the world is pointing to china, market like to price everything anticipated, if china is in trouble $60 or less oil prices is not a joke. if it goes 95 ...
Oil and Natural Gas
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acidguy replied Jan 13, 2014will go long at 91.70 if price action indicates so, still overall momentum is very bearish.
Oil and Natural Gas
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acidguy replied Jan 13, 2014huh? gu could keep going down but after a selloff most of the times there are pullbacks, i would not do that, im waiting gu try to retake 1.64 then go short again as price action indicates me.
Cable Update (GBPUSD)
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acidguy replied Jan 13, 2014i think there are nice opportunities in nzd/usd and aud/usd as they are in correction mode right now,
Cable Update (GBPUSD)
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acidguy replied Jan 13, 2014if the price action of gu has not turned bearish i dont know how its called, 2 strong rejections of 1.65 zone, still looking at 1.6250, maybe tomorrow with uk data. out 1 short with 120pips, will let the other ones run 1.6250.
Cable Update (GBPUSD)
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acidguy replied Jan 12, 2014i personally think well see 0.90xx this week but wont be easy going much lower, there will start adding longs, bearish momentum will be very limited because usa employment data and the rumors the fed is not going to taper as expected which will ...
Oil and Natural Gas
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acidguy replied Jan 10, 2014yes, thats 94 or 95 look like a nice entry if we ever get there again shor term, market right now in my opinion kinda drunk cause usa employment confusing data, so there should be lot of crazy movements for today.
Oil and Natural Gas
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acidguy replied Jan 10, 2014yes, exited that trade as fast as i could, im personally not taking this unless it falls to 91 area again then will closely pay attention to price action, look like china slowdown is having a big impact in oil prices as supply is very big. but as ...
Oil and Natural Gas
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acidguy replied Jan 10, 2014shorting at 0.8992 with 1 small lot tp 0.8850 next week, every 100 every up will add x3 pips lot if it happens.
AUD/USD
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acidguy replied Jan 10, 2014jupiter is the next destination for this pair, hahaha and i was wanting to short it, goldman sach got it right this time, long u/cad, forget and be rich.
USD/CAD
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acidguy replied Jan 10, 2014in my opinion data is very confusing, no jobs in december, now untape the taper? but at the same time we have a low unenployment. and 0 job creation in many motor economy areas.
Cable Update (GBPUSD)