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- Bakker commented Dec 6, 2012
I tend to agree with Loadedgun, fundamentals affects the market just for a very short period of time and is of no real significance. Price is driven by supply and demand and market psychology which is reflected in chart patterns and formations.
Euro fails to hold above 1.3100
- Bakker commented Dec 2, 2012
Let's see what happens with London opening!
China Manufacturing: Operating conditions improve for first time in 13 mths
- Bakker commented Dec 2, 2012
Eur has finished its 5th wave up (text book 5 EW's up) on the daily. Time now for a correction to the downside.
China Manufacturing: Operating conditions improve for first time in 13 mths
- Bakker commented Nov 29, 2012
EW theory requires a wave 5 up.
EUR/USD Maintains Momentum, Attacks 1.30
- Bakker commented Nov 19, 2012
2720 is a major support level on the weekly chart, but so is 2806 a major resistance level on the daily chart.
Not So Fast On Greek Deal Tomorrow: Finnish FinMin
- Bakker commented Nov 16, 2012
The phases that you refer to, is that the same thing as Elliot Waves, sort of?
Euro area balance of payments in September 2012
- Bakker commented Nov 16, 2012
Look at H1 bar at 5h00 gmt and just now bar at 13h00 gmt.
Euro area balance of payments in September 2012
- Bakker commented Nov 16, 2012
My best trades come from a 5/6 bar formation which resulted in a break of bar 5/6 in the direction of a MA (close/open) crossover. PLUS, I look at Heiken Ashi for confirmation. Works well.
Euro area balance of payments in September 2012
- Bakker commented Nov 16, 2012
I thought FF is for forex traders, why the fuss about gold?
Euro area balance of payments in September 2012
- Bakker commented Nov 16, 2012
Eur made a textbook break to the downside at 5h00 gmt. 4 hours later a nice 40p.
Euro area balance of payments in September 2012
- Bakker commented Nov 15, 2012
Thanks, but JPY is in a trend. To enter now is difficult for me.
Euro zone slips into second recession since 2009
- Bakker commented Nov 15, 2012
Eur holds its ground. We're in for a strong recovery on the Eur.
Empire State Manufacturing Survey
- Bakker commented Nov 15, 2012
On the daily chart Eur is making headway after a solid ma crossover and is expected to exceed the Fib retracement of 23.6 already achieved. 1.2774 however, is a major resistance level.
Euro zone slips into second recession since 2009
- Bakker commented Nov 14, 2012
After yesterdays reversal pin bar on the daily and today's breaking of the ma crossover it looks as if we're in for a good correction to the downtrend.
Wholesale Prices in U.S. Unexpectedly Fall on Fuel, Vehicles
- Bakker commented Nov 14, 2012
Did you check my reply to your question of yesterday?
Wholesale Prices in U.S. Unexpectedly Fall on Fuel, Vehicles
- Bakker commented Nov 14, 2012
Sideways and so boring. Only one trade, 7h00 gmt up.
Wholesale Prices in U.S. Unexpectedly Fall on Fuel, Vehicles
- Bakker commented Nov 14, 2012
Where is Loadedgun today?
Wholesale Prices in U.S. Unexpectedly Fall on Fuel, Vehicles
- Bakker commented Nov 14, 2012
USD broke a major downward trend line on the monthly chart against another safehaven currency (Yen) earlier this year and is currently breaking higher into a possible wave 3.
Retail Sales in U.S. Decrease for First Time in Four Months
- Bakker commented Nov 14, 2012
USD is unstoppable. Is going to run for some time to come.
Retail Sales in U.S. Decrease for First Time in Four Months