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Ken A replied Sep 26, 2012Definitely Risk-Off but they can't go down forever. It's been more than 100 pips since yesterday. If you put charts E/U, A/U, G/U, USDX, etc each on one screens the correlations are there. They don't move at the same time. But to get 20-30 pips are ...
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Ken A replied Sep 26, 2012If RBA announces rate cut, I would expect below parity and if things are not improving fourth quater in China. Now long @ 1.0343 but not expecting as a runner maybe for only 10-20 pips.
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Ken A replied Sep 26, 2012I feel more comfortable to long GBP/USD and AUD/USD considering what is going on in Spain and Greece now.
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Ken A replied Sep 26, 2012Demonstration is going on now at Athens. url Eurozone crisis live: General strike in Greece against austerity programme LIVEAutumn of unrest gets under way in Greece today, hours after riot police fired rubber bullets at protesters in Spain
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Ken A replied Sep 26, 2012Waiting for pullback to short?
Does this riot happen every year on your birthday?EurAnalysis
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Ken A replied Sep 26, 2012I wouldn't call it exactly 100 pips but overall sentiment are not looking good. See how many pips Asia drop then London and can expect the same in NY session. Opportunities to short USD pairs on pullback.
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Ken A replied Sep 26, 2012Spain is too big to be contained locally and ignored globally.
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Ken A replied Sep 25, 2012Market is in complete Risk-Off now (due to Spain) which sends all the USD pairs down. image
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Ken A replied Sep 25, 2012Deleted all pending orders. What is going on in Spain might change the whole story. Added short @ 1.2910.
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Ken A replied Sep 25, 2012E/U still holding strong @ 1.2900. Other USD pairs are still going down.
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Ken A replied Sep 25, 2012Are you sure that's the main reason? All USD pairs are going down PT.
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Ken A replied Sep 25, 2012I sure hope so. Hated it with +200-300 pips stopped out at BE when PA returns.
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Ken A replied Sep 25, 2012I don't see it coming unless all indices and commodities are making new highs which I doubt. I won't be buying now. That's like buying EUR/USD @ 1.3170

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