The bulls are unwinding in preparation of the ECB rate statement, especially after the not so encouraging German factory orders report. German Factory Orders Unexpectedly Fall .

EurAnalysis

Let me explain my position trades before you jump into it at this point. I am already short at 1.3773 and 1.3604. Therefore I can afford to let my short at 1.3341 go against me for quite some time and still be in overall profit. The market is ...

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Good move. That should be good for at least 40 pips.

EurAnalysis

Latest news items — US Libor points to another market downturn Greek Debt Crisis Timeline of Policy Summits, Bond Maturities ADD: German Factory Orders Unexpectedly Fall .

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Cheers mate

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Blobik, One thing I am considering that you may not have considered is that this is the start of a new quarter where everyone is hopeful, fund manager are still re positioning, headline news is messing with trader sentiment and there is no clear ...

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I'm still holding my 1.3341 short plus I have another sell limit order at 1.3480 I am hoping that price will at least spike up that high during the ECB news conference to trigger my order before plunging down again. I also still have my 1.3604 and ...

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This reflects the sentiment of the majority of Americans but unfortunately is quite filled with misguided statements. On top of that Swede, it is filled with profanity . Please read page 1 again

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14 Year Old Forex Trader's Lessons

Good day all. Interesting day ahead. Just in case you are not aware, ECB rate statement at 7:45am New York time followed by Trichet press conference at 8:30am (same time zone). This will rock the market (not just the euro) Trade safe (actually don't ...

14 Year Old Forex Trader's Lessons

mkrajaci, Thanks for posting your THV chart Looking forward to your further participation in the thread. Cheers PT

EurAnalysis

NFP Preview — A Return to Job Gains? Not Necessarily So – NFP Preview I like this part of the article "The European debt crisis dominates movements in all currencies, and naturally more in the euro. So the Non-Farm Payrolls, the “king of forex ...

EurAnalysis

Mine too

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Perfect. Now that the gap is out of the way, that is one less thing to support bullish tendencies.

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The weekend gap has now been closed .

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No comment. Just 100% agreement.

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This is why

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drtorque, If I look at the what has been happening lately after 2 to 3 days of gains, I clearly see that it is then followed by 2 to 3 days of losses, with the losses being more rapid and more intense than the gains. Therefore, I cannot build a case ...

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Today's pre-ecb projections — Today before the ECB rate decision and press conference, I project that we will see more advances in the equity indices as some traders and investors cover their shorts before the major risk event. This may ...

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Ha Ha. That's a thankless job. No thanks Let Bernanke do the sweating. I'll just rake in the pips

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