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nic9man replied Jul 10, 2020Nah, this is the post recession regime, the USD will have to surrender. Nevertheless your sort was smart indeed..

EURUSD only
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nic9man replied Jul 10, 2020It's all psycho games. The EURUSD is trying to get rid of all long speculators before shooting up, like a bull trying to get rid of its rider...

EURUSD only
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nic9man replied Jul 9, 2020Noone makes 3-5% a day. Not even RenTec makes that amount of money. However, if you relate these percentages to the return on equity you should specify the used leverage. With a leverage of 20 it can be possible to reap 3-5% a day on average by ...
Cable Update (GBPUSD)
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nic9man replied Jul 8, 2020Any positive comment about progress in Merkel/Rutte talks tomorrow will be unconstrained bullish.
EURUSD only
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nic9man replied Jul 8, 2020In my view this is definitely a flip zone. Tomorrow is the pre-meeting of Eurogroup leaders where the Corona rescue fund will be discussed. The result will come after the final meeting on 17th June, however, as Italy seems to have agreed to some ...
EURUSD only
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nic9man replied Jul 8, 2020If you search thoroughly you will find numerous occasions with misleading hammers or inverted hammers. If an inverted hammer does not happen to be a local high it tells exactly nothing. As an example take the EURNZD development from mid March 2020 ...
EURUSD only
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nic9man replied Jul 8, 2020But why would you close at 45, this is no longer part of the current range, hence if it reaches 45 it would probably go much lower as part of a range breakout.
EURUSD only
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nic9man replied Jul 8, 2020I think on an EOD basis there is a clear picture. Since 13th June we had 4 days which closed or opened at 1.1310 and also went above this threshold, but so far there was no close above, while the lows keep getting higher. Hence, when looking at ...
EURUSD only
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nic9man replied Jul 8, 2020It will break like a pile of bricks hit by the head of a Japanese karate fighter.
EURUSD only
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nic9man replied Jul 8, 2020With the only difference that my comment implies, or at least was meant to imply, that 1.1310 will break..

EURUSD only