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Rag2RichesFX replied Sep 7, 2012I cant even believe it... heading for 1.2820 feels like just yesterday we were stuck in that boring 1.2240-1.2380 range
EURUSD
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Rag2RichesFX replied Sep 7, 2012Stop acting so superior and like you know everything. They don't exist. Sure they do. I would go as far to say as the best traders in the world would not be as good if they didn't have scalping in their arsenal. There are assets and currencies that ...
EURUSD
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Rag2RichesFX replied Sep 7, 2012I agree it isnt a good idea to scalp NFP, slippage too high and too many stop hunts Dont agree that scalping is not a good idea in any market.
EURUSD
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Rag2RichesFX replied Sep 7, 2012anyone take a look at euro swiss lately... been about a year since we have seen action like this in this pair anyone know whats going on that it finally broke out of its normal 10 pip daily range since the 1.20 floor was put in?
EURUSD
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Rag2RichesFX replied Sep 7, 2012yes that is exactly what is going on and people forget there is still a trendline above here..
EURUSD
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Rag2RichesFX replied Sep 7, 2012They got their 100 pip range. You are right though. Run the stops before Ben, then bring it back to an equilibrium point, then make the real move. Do people honestly expect Ben to give us QE3 TODAY (obviously its coming someday) when its already so ...
EURUSD
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Rag2RichesFX replied Sep 7, 20122726 is the 23.6% retrace of 1.49 to 1.2040 2763 the 50% retrace of 1.3480 to 1.2040
EURUSD
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Rag2RichesFX replied Sep 7, 2012Prince just touched 2710 daily bollinger band, last touch of this held the price and we retraced 130 pips
EurAnalysis
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Rag2RichesFX replied Sep 7, 2012+151k edit: only after posting this did i realize PTs is at 150k, lol
EurAnalysis
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Rag2RichesFX replied Sep 7, 2012PT, I am just curious how you came up with 10-20% and 60% priced in for QE3 (for two months ago vs now). Thanks

EurAnalysis
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Rag2RichesFX replied Sep 7, 2012bull volume compared to bear over the past few years (and year) tells the whole story with S&P... the only thing keeping it afloat is the dollar bear...
The Really Useless Thread
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Rag2RichesFX replied Sep 7, 2012Because that was the first bad month in a while, so it didn't matter that it beat expectations, it just mattered that job recovery was slowing drastically. PT what is your take? I am no expert on fundamentals...
EurAnalysis
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Rag2RichesFX replied Sep 7, 2012Yeah but no weekly close above these levels, that wouldn't look good would it.. So perhaps NY will take profit and maybe NFP will be the catalyst Next week though anything is possible before Ben on the 13th... and we usually see dollar weakest right ...
EURUSD
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Rag2RichesFX replied Sep 7, 20122760 seems a very valid target because it is 50% retrace and it would take out the tight stops above 2745 I might just have to short this again if we are going to be double topping here..
EURUSD
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Rag2RichesFX replied Sep 7, 2012In a perfect world forex trading wouldn't even exist, neither would floating currencies, we are playing in a criminals market (well financial criminals, of course not everyone is but I'm sure some of you know what I'm talking about)
EURUSD