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PipTrapper replied Oct 7, 2011I don't understand your question Aaron. Basically the ECB is supplying cash loans to banks who need it while the EZ governments figure out how they are going to bail out the banks in case of a Greek or other sovereign default. This buys the EZ ...
EurAnalysis
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PipTrapper replied Oct 7, 2011EUR/JPY is a perfect risk-on/risk-off trade Especially when Europe is under high risk
ADD: At the end of every risk-on period, short the EUR/JPY
Check out the daily. .EurAnalysis
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PipTrapper replied Oct 7, 2011mla does a great job trading the 5m I guess you can call it scalping but he often manages to grap 50 to 100 pips per trade. I've seen him do it in Buma's thread. I have to say, it's not for me. I'd have anxiety attacks all day. My health is more ...
EurAnalysis
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PipTrapper replied Oct 7, 2011Summer of Banking Delusion Brings Crisis to Europe’s Core: View .
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PipTrapper replied Oct 7, 2011If we break below 1.3395 and hold there, we are back in bear territory. .
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PipTrapper replied Oct 7, 20118:30am New York time 1:30pm London time 2:30pm Frankfurt time
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PipTrapper replied Oct 7, 2011It's not that they move as one but it is more the risk-on/risk-off phenomenon. Both the euro and commodities are considered risk instruments. If you want to trade a pair which is more closely correlated to Oil, take a look at USD/CAD. As Oil gains, ...
EurAnalysis
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PipTrapper replied Oct 7, 2011NFP anomalies on Eur/Usd — Just from experience trading the Eur/Usd on NFP news, I have learned that it is best to not trade it until around 15 minutes after the release or when it is clear that the dust has settled from all the volatility. ...
EurAnalysis
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PipTrapper replied Oct 7, 2011Price is currently being well rejected with PA confirmation at the resistances and the support I mentioned in the quoted post.
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PipTrapper replied Oct 7, 2011Thanks buma
. Whatever it is, I'm still keeping my shorts on
I've pretty much given up on trying to predict elliot wave counts. I only consider them once they are fully formed.
I pretty much stick to basic harmonic patterns when they ...EurAnalysis
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PipTrapper replied Oct 7, 2011I feel that if the NFP either exceeds or fails to meet expectations, that will be an overwhelming force on the markets and it will dictate future price over everything else (at least till sometime on Monday anyway). Then we get to re-analyze.

EurAnalysis
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PipTrapper replied Oct 7, 2011Yes it is possible that we are in the ABC of the A. In which case we will be looking for a retrace up to 1.3625 area after we form a B around 1.3275 However, the fundamentals will dictate that after the NFP report.
EurAnalysis
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PipTrapper replied Oct 7, 2011Welcome to EurAnalysis AFXFin, Thanks for posting. Have you read page 1 yet? If so, that's great
Looking forward to your participation here
Cheers PTEurAnalysis
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PipTrapper replied Oct 7, 2011That's encouraging, because the opposite would be an illusion (or delusion)
RedLion, have you seen my thread yet? Read page 1 first. 
14 Year Old Forex Trader's Lessons
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PipTrapper replied Oct 7, 2011Hey mla. Yes I am still in my shorts. If I wasn't, I would be naked
Seriously though, I am still holding. I am still very confident based on my analysis and the underlying fundamentals that euro still has a way to go on the downside. I am ...14 Year Old Forex Trader's Lessons
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PipTrapper replied Oct 7, 2011... and SP500 is clearly in bear territory and approaching 55 day ema resistance
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