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NuckingFuts replied Aug 5, 2008Nice one bender, hope it comes back up for ya. Hmmmm 0.92 is damn cheap Aussie. I would love see this thing back under 0.50, but I think I'll look for a long entry around 0.9200. Pending some PA confirmation.
AUD/USD
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NuckingFuts replied Aug 4, 2008"Looking further ahead, inflation in both CPI and underlying terms is likely to decline over time, given the outlook for demand, provided wages growth remains moderate. The Bank’s forecast remains that inflation will fall below 3 per cent during ...
AUD/USD
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NuckingFuts replied Aug 4, 2008Lower interest rates stimulate borrowing, investing and consumption. Higher rates promote savings and decrease borrowings (banks want the consumer's money). Rates also influence capital flows and help investor's earnings expectations when investing ...
EURUSD
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NuckingFuts replied Aug 4, 2008Interesting, the Aussie was up around 1.10-1.19 back in the late 70's
AUD/USD
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NuckingFuts replied Aug 4, 2008They were almost there back in 1990 (17.5%). No hope of getting back up there, thank f#*k

AUD/USD
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NuckingFuts replied Aug 4, 2008I wouldn't be too sure... Price is below weekly support line and struggling to break back through to the upside.
EURUSD
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NuckingFuts replied Aug 4, 2008Nice H&S pattern. It's not at the end of a bull run, thus not a 5 star. If it breaks the neckline, target will be 1.5336 ish (distance from top of head to neckline).
EURUSD
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NuckingFuts replied Aug 4, 2008With a bullish engulfing candlestick, the real body must engulf the prior real body (not wicks). The one you posted is not a bullish engulfing candle. It could be classed as an outside bar though. USD news may drop it or increase it. Remember that: ...
Daily EUR/JPY analysis
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NuckingFuts replied Aug 3, 2008It's because NY is in daylight savings time GMT -4 instead of GMT -5. So the market obviously closes at 5pm EDT and not 5pm EST. I may be wrong

EURUSD
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NuckingFuts replied Jul 23, 2008My balls don't lie
Gold is pulling us down. I see steelhead is polluting yet another thread 
EURUSD
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NuckingFuts replied Jul 22, 2008That's what they want you to believe. Checkout LEWIS v. UNITED STATES, 680 F.2d 1239 (1982). Lewis tried to sue but it was ruled that the FED is independent and privately owned with no sufficient federal government control.

EURUSD
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NuckingFuts replied Jul 22, 2008I love this quote: "The best trader's don't get attached to their stocks. The recognize that there are forces they cannot understand. Like Zen masters, they are able to be in the now and evaluate where they ought to be on the basis of where the ...
EURUSD
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NuckingFuts replied Jul 22, 2008It has everything to do with more sellers. Could see this coming from the move above 1.60. The test of 1.60 and then being hammered back down should tell you there are no market moving buyers up there at present. If there were, it would be on its ...
EURUSD
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NuckingFuts replied Jul 22, 2008Daily up trend has clearly broken support. Looking for a retest of support turned resistance then a continuation down. Nice bearish engulfing candle there too. 4H chart also showing a near perfect bear flag. Still holding shorts from 1.6030

EURUSD