I normally don't do scalps but could not resist. Positioned at 1.3224 and am riding it down where I hope it tests the 1.3175 area. I'm already at a stop profit so it's green for me regardless but it would be a great play if I got it at the test area.

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To a degree, you are right, however, nothing can justify the numbers in a economy that's flat. It's bogus and when the feds pull out, it will drop like a rock.

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I'm sure you can glean some value from your research. I admire the analysis. I however, am more of a reactionary to the fx market than a predictor of the market with little concern as to why things happen. Shallow? Probably but my style works for ...

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Bernanke is just a puppet. All the markets are so inflated, we need a major correction to the artificial support. Dow Jones 15k in this kind of economy? Absurd especially when it was 7k just a few years ago. Purely political to give the world that ...

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Since the LR EMA crossover on the daily chart a few days ago, it shows to me a downtrend is firmly established (I'm not a scalper or a long termer so the determinant for up or downtrends is the daily). My guess, since it broke through the 1.32xx, it ...

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The August vacations are coming to a close so we should see a little more activity. I ended the month with a 22% increase which is disappointing since I let so many opportunities slide past me. September's a new month where we can begin again.

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I don't double talk. The Von Braun scientist alone, quickly established us as the premier space explorers with the subsequent affects of satellite technology can't even be monetarily calculated. Most of the failures in rocketry were done during the ...

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Actually fuzzy math is a big part of this equation. WWI actually was paid off in 1950 and WWII we were paid handsomely when we, the allies--mainly England, France, Russia, and the U.S., in the arena of technology, equipment, lands, etc. The ...

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I couldn't agree with you more on that... Regarding the debt, it's over. And it will never be addressed when we are given these perceived banking crisis and the real estate crisis and then the civil warring crisis and then it gets recycled all over ...

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Still paying for the Spanish-American War demonstrates just how silly our government can be. The WWII debt was paid during the Nixon administration plus we are getting residuals from the offending parties to this day. As I said, it is very ...

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Can always depend on good ol' Clark to state the obvious...

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The oil was already contracted out when we took over Baghdad. To the victor goes the spoils and all that. Compensation is a convoluted thing but just like in WWII the offending parties did a type of compensation. Politically, it is not expedient to ...

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Currency pairs is always striving for stasis which has been obvious for the last month and a half. Announcement are only used to develop balance. In terrible economic times that we are in, the central banks, as well as the privately owned Federal ...

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A downtrend is based on the type of trader you are which is all based on chart intervals. A scalper uses chart increments that reflect the trade. A day trader usually uses charts that is from daily to 30 minute. A trend trader depends heavily on the ...

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Yea it seems we have been in this channel for an exceptionally long time. A breakout in either direction would be interesting...

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My daily crossover indicators would suggest that we are at the beginning of a leg down. The next day or two will confirm the downtrend or not (daily). Need to start shifting my positions to shorts. It may go down and test the 1.2800 range.

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If Obama would allow oil drilling on our own land we wouldn't always feel compelled to enter into to these international skirmishes. He prefers drones to 'shovel-ready' jobs I guess.

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I hope the US, me being part of its citizenry, will excuse itself from the table and stand down on this coming invitation to a war. The US could tell the world that they would love to be a part but they have pressing business elsewhere but thank you ...

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Got that right...

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Your comment suggests that retailers control price action--they don't. It's the central banks that move the markets based on economic stimulus. We are just the baby ducks following the mommy duck in the pond or trying to guess where she will move ...

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