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    • mfoste1 replied Mar 16, 2011

      looks like markets are about to shit the bed my desk will be concentrating on au aj eu ej eg ucad.....I think those pairs will provide the best opps in the next week or so global risk sentiment is obviously breaking down

      EURUSD
    • mfoste1 replied Feb 21, 2011

      don't you worry....its coming, be patient. My desk has been long and building since 60, we're targeting 6485 before Friday. Many pairs are targeting psych numbers now (ie. eu-40, gu-65 au-03 uchf-92) bets have now become one sided against the ...

      Cable Update (GBPUSD)
    • mfoste1 replied Jan 16, 2011

      what is so funny about the biggest bubble the world has ever seen? It will collapse, eventually. Boom bust cycles always complete. When china does burst, it will be global meltdown that will make 08 look like a swedish massage. sorry i find it hard ...

      EURUSD
    • mfoste1 replied Jan 16, 2011

      exactly....money amount doesnt mean jack shit. Its all about properly managing your risk the same way on any size account. A lotta people become irrational when the account size changes. Its all about percentages.

      EURUSD
    • mfoste1 replied Jan 16, 2011

      Some may see this chart as bullish, but to me it looks quite bearish for the euro....those stops through 3200-3400 were easy targets to spark a short covering impulse rally. 3500 is the next strong area, should prove strong.

      EURUSD
    • mfoste1 replied Jan 15, 2011

      trade the reaction, not the number itself....the number could knock the cover off the ball and it could rise then run into heavy selling.... there is very strong resistance and supply at 1.60 i know im a seller at 1.60

      Cable Update (GBPUSD)