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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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QW25091985 wrote:Ceinz wrote:QW25091985 wrote:Ceinz wrote:QW25091985 wrote:1.3485 seems to be hard for the euro$ and its also at the 50% fib retracement. if we donot take that out we have topped ! I'm of the same opinion, its a top for now, we may expect retracement before we take it out later. Remember my target 1.39. i think if we donot make a new high today then 1.2000 is on the cards long term... the larger trend is still down ... lets see how this LTRO announcement goes about ! And there goes the fall. i think i should just say bye bye to 1.5000. top has now been confirmed ..back to 1.2000 for those who like long term trades Correction : lets not get too bearish on eurusd at first because i have just noticed we are actually in a channel on daily tf .lower trendline is at .3122 . so if we dnt break that then up we go ... but for now lets sell on all rallies
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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EURUSD, EURAUD & EURCAD, high probability to move lower, will be trading these pairs through the coming sessions Discipline & sticking to your strategy even when you loosing defines great traders.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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QW25091985 wrote:QW25091985 wrote:Ceinz wrote:QW25091985 wrote:Ceinz wrote:QW25091985 wrote:1.3485 seems to be hard for the euro$ and its also at the 50% fib retracement. if we donot take that out we have topped ! I'm of the same opinion, its a top for now, we may expect retracement before we take it out later. Remember my target 1.39. i think if we donot make a new high today then 1.2000 is on the cards long term... the larger trend is still down ... lets see how this LTRO announcement goes about ! And there goes the fall. i think i should just say bye bye to 1.5000. top has now been confirmed ..back to 1.2000 for those who like long term trades Correction : lets not get too bearish on eurusd at first because i have just noticed we are actually in a channel on daily tf .lower trendline is at .3122 . so if we dnt break that then up we go ... but for now lets sell on all rallies Okay this is what i mean . not a major top but a small top  so sell on all rallies
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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what a whack day yesterday was ! no movement at all on euro pairs !
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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QW25091985 wrote:what a whack day yesterday was ! no movement at all on euro pairs ! Just as a reminder. When oil is in an overly excited rally mood period, chopiness becomes surreal. Berserk price moves have a nasty whiplash effect. But after the chopiness is sorted out the trend becomes clear. Soon markets either rally big or selloff big. Most markets look toppish, my bias is on the sellside - risk off i.e. risk hungry ccys to get shorted. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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fxtech wrote:EURUSD, EURAUD & EURCAD, high probability to move lower, will be trading these pairs through the coming sessions The above pairs pocketed enough pips last week, they had nice bearish moves, very nice trades. TRADE IDEA; High probability NZDUSD, EURUSD will trade lower as the week starts, WATCHLIST; OIL, EURCAD, EURAUD, EURJPY, AUDJPY Discipline & sticking to your strategy even when you loosing defines great traders.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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fxtech wrote:fxtech wrote:EURUSD, EURAUD & EURCAD, high probability to move lower, will be trading these pairs through the coming sessions The above pairs pocketed enough pips last week, they had nice bearish moves, very nice trades. TRADE IDEA; High probability NZDUSD, EURUSD will trade lower as the week starts, WATCHLIST; OIL, EURCAD, EURAUD, EURJPY, AUDJPY mmmmhhh ! i just entered a long . not so encouraging . lol. but am bullish on eur.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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I agree with fxtech, am bearish Nzd, for now euro bearish but might turn to bullish later on in the week. An interesting week fundamentaly -numerous rates releases and nfp. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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The CAD bull has started moving after USDCAD gives up 0.9960 support last week. EURCAD has nasty weekly reversal as per the candlestick pattern. Next support is 1.2980 and if broken down next support is 1.2860. Beyond that support it gets really ugly as the bears will become too strong aiming 1.2480. Gold likely to retest $1680 before the next up leg. That should be a good level to reload more longs. I hope it can go as low as $1650. NZDCAD short @0.8310 taken last week working out slowly. At the current price this has already recouped the $465 loss on the yen cross shorts taken 2 weeks back. Still a big bear on kiwi as stated from the beginning of the year. @Ceinz, @QW - The weekly price action on EURUSD shows a potential breakdown is likely. 1.2950 is definitely the bears target before the bears can gain full strength. Shorts will wait for a rally retest and failure around 1.3310. Last week's EURUSD whacky reversal after all the LTRO hype and Sparta "is saved - see no evil default didn't happen" points to very shaky times for euro bulls and euroland. T+15 days to go... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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am so bullish eur$ it hurts ...lol
i see a very bullish week ahead for risky assets and bearish for usd ...nfp or no nfp i think we will rally hard this week !
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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EURAUD, EURJPY, GBPJPY & EURCAD, will be looking to buy in the coming sessions Discipline & sticking to your strategy even when you loosing defines great traders.
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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@ Ceinz Hope u made hardsome $$$$$$$ on NZDUSD, like I did, Still Holds EURUSD bearish. High probability LONG setups on EURAUD, EURCAD Discipline & sticking to your strategy even when you loosing defines great traders.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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fxtech wrote:@ Ceinz Hope u made hardsome $$$$$$$ on NZDUSD, like I did,
Still Holds EURUSD bearish.
High probability LONG setups on EURAUD, EURCAD Yap, and I still believe that we got acres of space to cover to the downside on this. The euro bear disapointed, am now hunting for longs. “small step for man”
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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QW25091985 wrote:am so bullish eur$ it hurts ...lol
i see a very bullish week ahead for risky assets and bearish for usd ...nfp or no nfp i think we will rally hard this week !
still bullish on the ugly currency ( eur) but today seems to be a slow day
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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CBK keeps the CBR rate at 18%!! inflation will be contained but at what effect? LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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QW25091985 wrote:QW25091985 wrote:am so bullish eur$ it hurts ...lol
i see a very bullish week ahead for risky assets and bearish for usd ...nfp or no nfp i think we will rally hard this week !
still bullish on the ugly currency ( eur) but today seems to be a slow day what the heck is goin on ..lol..eur$ has topped ?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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QW25091985 wrote:QW25091985 wrote:QW25091985 wrote:am so bullish eur$ it hurts ...lol
i see a very bullish week ahead for risky assets and bearish for usd ...nfp or no nfp i think we will rally hard this week !
still bullish on the ugly currency ( eur) but today seems to be a slow day what the heck is goin on ..lol..eur$ has topped ? March 9th... eurobonds, bonds, bonds...
T+14 days to go...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Wow! Some huge commodo trade piling up. WTH... Commodos and commodo ccys are going to taking it in the chin badly here. AUDUSD - breaks 1.0650 - sinking... Gold has already surpassed S1 of 1680 and now looking to test $1661 before hitting $1650. As for oil, the nosedive is very welcome. This thing should be hammered below $115 for brent and $100 for WTI. Who needs expensive oil with a global GDP slowdown?! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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hisah, hapo tunakubaliana kabisa LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Member Joined: 5/31/2010 Posts: 325 Location: NAIROBI
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hisah wrote:Wow! Some huge commodo trade piling up. WTH... Commodos and commodo ccys are going to taking it in the chin badly here.
AUDUSD - breaks 1.0650 - sinking... Gold has already surpassed S1 of 1680 and now looking to test $1661 before hitting $1650. As for oil, the nosedive is very welcome. This thing should be hammered below $115 for brent and $100 for WTI. Who needs expensive oil with a global GDP slowdown?! @Hisah I also hold bearish on GOLD & OIL, TRADE UPDATE; Staying EURUSD short Holding EURAUD, EURCAD Longs shorting GOLD & OIL Discipline & sticking to your strategy even when you loosing defines great traders.
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