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kingfisher replied Apr 7, 2010Dow should rise now. E/U should rise now. I am long on E/U now for few pips.
EURUSD
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kingfisher replied Apr 7, 2010Inter Connection between dow and E/U — E/U should rise because of strong treasury sales. Why it is not rising? Because dow is falling. So E/ U is trading in range. When Dow will rise? Dow Support 2 is 10,901. Some where around that level or ...
EURUSD
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kingfisher replied Apr 7, 2010Yes Mike i also trade FX but do watch FTSE and dow using daily PP..may be in future i will trade them.
EURUSD
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kingfisher replied Apr 7, 2010Great point Mike. PP are great, effective and simple way to trade. I am using them in FTSE 100 and Dow Jones as well and they serve as a good guide during intra day. I like the anti hedge system in PP. Example: PP is 1.34 and one has taken short at ...
EURUSD
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kingfisher replied Apr 7, 2010Strong Treasury sale boosting euro/usd — E/U is rising i think because of string treasury sales url can someone please tell what is the affect of positive treasury sale on E/U?
EURUSD
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kingfisher replied Apr 7, 2010You can have a look at the current 15 Min candle in E/U. Dow recovered from 10896 to current 10,907 and observe large bullish green 15 Min candle currently in E/U. Once dow recovered FTSE has recovered 8 points and observe the current 15 Min G/U ...
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Clear cut, currencies are following equity. Dow PA is affecting E/U- Dow falls, risk aversion, US $ strength, E/U falls FTSE is following dow. G/U is following FTSE. FTSE falls- G/U falls. I have live streaming tick chart opened for dow, FTSE, G/U ...
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 201010,902 is S 2 in dow, Some temporary support here for dow, e/u, FTSE, G/U.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Dow falling (from 10947 to 10933) in last 15 mins. E/U falling FTSE falling G/U falling Markets are correlated. Tommorow asian sell off depending on where dow closes.

Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Yes Mate. FTSE is following dow and G/U will follow FTSE. Dow is the mother of all.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010You can open dow live chart, FTSE 100, G/U and E/U. When dow moves up- FTSE moves up, G/U moves up, E/U moves up. When dow moves down- FTSE moves down, G/U moves down, E/U moves down. Open it and see your self.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Short E/U based on Dow- Dow broke its daily S 1 from top at 10,935. Short G/U based on FTSE 100- FTSE 100 again broke DP from top. Markets move in tandem. If dow falls, FTSE will fall, E/U will fall, G/U will fall. Everything dependent on mighty ...
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Dow futures down. FTSE 100 moved 10 points up from S 1 of 5753 giving some relief to G/U. But with dow futures down, risk aversion will be back causing US $ strengthen. Add to it, GBP is bearish due to service data. Short seems the right way to go.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Taken a small short at 1.51764..PA has done 30% retracement of current down move. Lets see how it goes.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Stop predicting the market. If it moves from 1.52 to 1.54 or from 1.52 to 1.50, it will break daily S/R/DP points..Market moves with current theme/flow. No body in this universe can predict the market..it is suicidal.
Cable Update (GBPUSD)
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kingfisher replied Apr 7, 2010Currently retracement going on. 50% retracement of today downmove (today high- today low) is 1.52. I dont see any reason to go long. At higher prices, it will attract sellers.
Cable Update (GBPUSD)