Aussie is starting to look weak across the board. Pull up the weekly charts and you will see what I mean. Kiwi trader is right...this is a 1000 pip move waiting to happen. (coincidently, same 1000 pip move for EU and GBP vs USD) All of this is my ...

EURUSD

Chicky, Your breaking the rules again! Last time you yelled at us for not telling you.....

Amazing Black Magic Trading Method

It will be a long ride, but it will be a good one.

EURUSD

Would you settle for 2000?

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Possibly....he might also have a better understanding of how international banking works than I do. I am fairly ignorant to such things due to only keeping my eye on PA. Still though, this is a good topic.

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I can't attest to proven and concrete....I can only go on what they report. This is the current PPI numbers reported today. For the most part, they are improving as a whole, my only concern would be for the German PPI flash number.

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Todd, you make an interesting case. I often wonder the impact of the larger traders vs bankers working for international corporations. While I can see how the larger traders can cause significant spikes (up/down + 100 pips or so), I would *think* ...

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Ty Vachus

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Unfortunatey it did, taking a 25 pip SL . I should have waited until after FOMC....I gotta remember next time to respect those meetings!

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1.32?? — Yep....I'm saying it now. Good evidence to suggest 1.32 is coming - granted, its going to take a while to get there.

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HI Vachus - I just haven't had much to say. In the past , my comments may have been ....abrasive to the shorts, thus I felt it was just better to keep silent until we reached closer to 1.26 (which I have indirectly inferred to a few times in my past ...

EURUSD

Most likely an expected resolution for Greece. Either that, or its going to be one hell of a short , this coming October when Greece comes back to say it can't pay (again)

EURUSD

Why should that change anything? I believe the markets are under the assumption that there will be no QE3. The US has effectively stopped the downward spiral from an economic standpoint, it will just take time for everything to improve. Additional ...

EURUSD

Euro is strengthing , vs all the other currencies. EUR/AUD for instance ,is doing the action

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Well....since I'm bored waiting for EU — Well....since I'm bored waiting for EU to make up its mind... Just went long AUD/USD. TP 100 pips, SL 30 pips

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IMO - this needs to drift down. If this reaches 1.25, we're going to 1.26.

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LMAO Where do you always find these funny pics Chicky?

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I dunno Stonar - I suspect sidways until London. Today was pretty significant run up. Just the same, I do have a Buy Stop at 1.2480 as I do think this has more room to go. Just might not happen for a while (ie..couple of days. )

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I have a buy order in for 1.2480 Sorry mate..looks like I'll be trading against you if we get that high

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There's a pin bar on the 8 hr too.

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