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Rag2RichesFX replied Aug 14, 2012Peak happened to be R1 confluent with falling trendline Of course just bounced off of 2349 confluent with 15m BB bottom Speculation so far has played out perfectly, now we just need a big down move to test the rising channel confluent with 2240/60 ...
EURUSD
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Rag2RichesFX replied Aug 14, 2012Agree with this
I will let PA lead the way, dont know if I am bear or bull yet. Seems kind of late to be trying to go long now though.EURUSD
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Rag2RichesFX replied Aug 13, 2012Indeed this is correct. I expect AUD to keep falling. Target is 104.50. Took some off at 105.10. EURAUD has a good chance at going for 1.1850/1.1930. But I don't expect it to happen from EUR rising more than AUD, I expect AUD to fall more than EUR ...
EurAnalysis
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Rag2RichesFX replied Aug 13, 2012My speculation for near term. I'm very, very neutral right now. Bearish bias from daily, weekly monthly. Bullish on 1hr, neutral on 4HR. No long term trades for me (300+ pip targets), will just play the range. Currently 100% flat except for one ...
EurAnalysis
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Rag2RichesFX replied Aug 13, 2012Asia loves dumping dollars so when it technically sets up for them to do so as well, Asia actually isn't that boring. Otherwise its quite boring. Here's my speculative guess for the near term (chart)
EURUSD
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Rag2RichesFX replied Aug 13, 20124HR back to neutral.. no surprise really 2375 stopped the move. of course 2325 and 2304 are important for bulls would it kill us to get a trend going? I wouldn't even consider this rising channel a proper trend. Why? Because its being faded so ...
EURUSD
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Rag2RichesFX replied Aug 13, 2012Look for places where price made a reversal. The faster the reversal happened, and the longer the reversal lasted (if the move holds and doesn't get faded quickly) and the more pips the move made ( 200 pips instead of 50 is much stronger), the ...
EURUSD
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Rag2RichesFX replied Aug 13, 2012in case you have not seen yet EUR/USD: Bids 1.2260/70 and larger down at 1.2240/50, sell stops below, good offers start from 1.2300/10, suggested buy stops up through 1.2330 ahead of offers 1.2380/00 GBP/USD: Offers 1.5700/10 (UK Clearers, US ...
EURUSD
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Rag2RichesFX replied Aug 12, 2012Yeah sentiment feels heavy down, and we are right now below the daily pivot, which is always a very important sign of intra day direction (imo) I will be back on later, good luck
EURUSD
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Rag2RichesFX replied Aug 12, 2012watch possible inverse head and shoulder on 1 hr im flat until London
EURUSD
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Rag2RichesFX replied Aug 12, 20122220 area is important and is also confluent with the rising channel
EURUSD
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Rag2RichesFX replied Aug 12, 2012ES going to double top in low 1400s so we can finally get the down move needed for QE3 to be justified (and for Euro bulls to be justified)

EURUSD
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Rag2RichesFX replied Aug 12, 2012Reposting my view for this week (posted on Friday). Very neutral, I think we test 2330/50 and go lower. Showing weekly close just @ 2288 on my ECN broker, 2287 on my non ECN. (can anyone confirm this??) We seem to close around 2287 a lot of the ...
EURUSD
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Rag2RichesFX replied Aug 11, 2012If FX trading ever is closed off to retail you can pretty much guarantee revolution. It's one of the only profitable industries left, regardless if economy is deflating or inflating. A reduction in leverage really wouldn't matter. Using 3x leverage ...
EurAnalysis