Friday.. I'm guessing next week it's probably up up up...

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Take the first 150-200 pips above 1.6, then see I think..

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Don't know about that, I'd think the big majority of'em ran out of steam during the past 27+ hours now.. Though the last fall probably revived a bit of those.

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A delayed reaction ?

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Looks like just some relaxation before the unemployment data which could potentialy push it up to 1.6..

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Doesn't look like it'll take that long... I think the bears all ran for the hills (including me) so hardly much resistance..

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I see it Lower line coincides directly with 5m 50 ema for the past 2 hours.

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And they say forex is random...

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It's up there 5 hours know and keeps slowly climbing after testing 1m 250ema now (5m 50 ema).. I'd think the shorts against 1.6 would soon run out and nothing will keep it down.. All it needs is 30-40 pips.. EDIT: closed my small short from 951 with ...

EURUSD

What's the E/U spread with this marketindex, couldn't find it on the site (don't wannt log in to yet another demo just to see it) ? Thanks

honest broker

Only above 1.6 on second crossing.

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1.6 seems quite likely (though I still have a small short at 5951 just cause I like the r:r too) but if it crosses I see no reason to see below 595 after.. When the dam breaks the river flows... (ussualy a small fast retracing cross first - some ...

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Someone really wants this thing to go up... I'd imagine there are so many shorts still entering and it still climbes..

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I wouldn't make any short range shorts above 59. A short aiming for the long term (150-500+) against 1.6 and a bit still makes sense to me and it's proper r:r but this starts looking pretty bad for the bears finally.

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I can say 50 pips risk for 500 gain.. But small risk of course..

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The lower triangle line is at 5670 area now.

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I don't know where it's gonna go, no one does, I'm just listening to people and looking at the chart. Now some people here keep mentioning 1.6 and trading the breakout and so on which could end up badly for those people or other people trying to ...

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Hmm.. G7 may not mean everything but it means something.. considering most peoples' been saying it will go down anyway. Well, hope you 1.6+ guys have your stops in place, I think it won't be long now (a couple more days) and it might hurt...

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Maaaan, you haven't been following the news or this thread have you ? You know G7 and all that...

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Wow!!! I'm gonna start the week with 100 pips

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