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Thread: EUR.USD

  1. #591
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    Quote Originally Posted by roddy View Post
    Hi All

    i have been away from my computer, which for me is not a bad thing,i got stopped on CAD trade last week but still have a long going on the EURO,
    yeah Peat 1.48 is looking a little closer at present!

    cheers
    roddy
    Yes, the last 3 hours or so have been quite strong...
    Death will be reality, Life is just an illusion.

  2. #592
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    yes back on track

    the retracement from yesterday stopped on the up trend line on hourlies so target 150 + again

  3. #593
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    Hi All

    Would like to see EURO brake 1.48 level,i might just need to be patient though it is showing some strenght just at present!
    heres something interesting
    i have read Bloomberg has an article on how most financial markets "have it wrongThe article quotes the Merrill Lynch Chief Economist, Klaus Baader, as saying Trichet is NOT about to cut European interest rates. The headlines are seen as Euro supportive!

    cheers
    roddy

  4. #594
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    partially closed at 1.48 +200
    For clarity, nothing I say is advice....

  5. #595
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    peat/DB

    Quote Originally Posted by peat View Post
    partially closed at 1.48 +200
    nice peat and DB great call on the GB

    CHEERS

    roddy

  6. #596
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    Talking

    Hi DB

    thanks for your post on this one DB, your initial 400+ pips has been met and i am still in the trade, now looking for a test of ARCO,S 1.53 levels as per his post 555

    Quote Originally Posted by dumbass View Post
    just looking at euro again there is a good risk reward trade to add long with stop loss to 145 70 (hammer) on hourlys

    currently risk 70 for 400+

    assuming your a bull (which makes sense for the direction to trade)

    cheers
    roddy

  7. #597
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    good one roddy

    it seems prudent to just keep on moving stops up rather than setting any targets
    as the way the market has moved in the last few days , i would have closed way too early

    currently running long eurusd gbpusd euraud
    short usd cad

    not much to change thinking currently

  8. #598
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    elliot wave study of bigger time frame

    suggestive of a run to 170 + still looking likely

  9. #599
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    zooming in to dailys shows wave 4 correction which may take action down possibly to test

    wave iv low around 15075 before a run to 15450 15500

    similar to aud in that the easy pips are now banked and gets a little harder to trade

    i have run loose stop loss which will now be tightened

    waiting for top as the lower risk big money trade

  10. #600
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    Quote Originally Posted by dumbass View Post
    elliot wave study of bigger time frame

    suggestive of a run to 170 + still looking likely
    EURUSD 1.7000? WOW!

    What's the chances of that?
    Death will be reality, Life is just an illusion.

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