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Us Dollar Macro and Technical View

The US Dollar has been on the spotlight since beginning of the year as momentum has surprised everyone. Retracements continue to be shallow. The dollar bullish trend is well mature on its own and I thought it's the perfect time to reinforce my view on the dollar as many are asking: what's next for the US Dollar?
This is the US dollar's fastest rise in 40 years, and the US Dollar was up on one point 14% on this year alone, and I was one of the few to speak about the dollar rally, e…
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Preapearing the Week Ahead


If last week didn't fall behind market expectation an it has produced some impressive moves across the FX market don't expect market activity to cool off, the probability still remains in favor of this trend of higher volatility to persist. The current Central Banks monetary policy divergence across developed economies may play a factor in favor of higher volatility.
  • Europe data:

Despite a lot of data coming from the manufacturing sector, the main event remains the 6 November ECB meeting
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VictoriaVika avatar

Best of luck, friend :)

JuliaBF avatar
JuliaBF 2 Nov

Good luck in a new week)

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Short GBP/AUD. Trade Explanation

Since it's weekend I just want to take the time and cover in details my latest trades and give you more explanation behind those trades.Today I'm going to start with my short GBP/AUD trade and tomorrow I'll explain my long EUR/AUD which was a loss.
Currency Pair: GBP/AUD
Side: Short
Amount: 5Mill
Time Frame: 1h
Open Price: 1.807985
Close Price: 1.79997
PnL: +80pips
Open date: 13.08.2014 09:30:47
Close Date: 13.08.2014 09:48:37
Reasons Behind the trade: This trade was based just on fundamenta…
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Join Today's Webinar with Daytrader21


Hi guys,
In less than 2 hours, 9:00GMT (10:00AM London Time) I'm going to host my webinar: Global Metal Outlook. In this webinar I'm going to examines the metal industry's current trends and opportunities in 2014. with the main focus on Gold and Silver markets. We're going to analyse both the fundamentals and technicals for a better understanding of this market. Here is the link where you can join the webinar: Webinar TV
The reason why I'm doing this webinar is because I won the 1st plac…
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2014 FX Market Outlook - AUD (part 3)

Although for the current contest month I'm out I'm still going to try to bring back my account at BE after suffering 80% loss in the first trading day, and this mean that I should make 400% to bring back my account to 100k, but I'm a fighter and never give up. So, I'm still going to make blogging as I really enjoy it so I'm going to continue with my 2014 FX Market Outlook blog series. This time we're going to look at Cable, you can see check my previous blog post here: …
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floge avatar
floge 6 Gen

"I don't know how many of you are aware the GBPUSD is on the verge to make/or not make a big advance in price" - i'm aware, the big test is on this area, must breakout 1,70 to run away, have she legs? will see :-D

Daytrader21 avatar

Definitely GBP is one to watch in 2014 but patience is required and also flexibility if market doesn't follow our plan

HOANG_MAI_NHI avatar

EURUSD strong up after statements released

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Aussie - Why I was shorting AUD/USD

You may be asking yourself why I've been shorting AUD/USD near the low. Many people wrongly assume that if a market has gone done "to much" and for a long period of time, the market must reverse. Well that's not reason enough for you to assume the current down move is over, we have to look at facts rather than personal opinions. Trading in the direction of the trend is much more easier than fighting the trend. Although I already posted some fundamentals reasons behind the current aussi
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AdamFx42 avatar

Thanks for pointing out my mistake in my blog - I corrected it in the comments box (ADP Nonfarm - not NFP)

Daytrader21 avatar

Unfortunately I couldn't upload a chart with some notes to explain much more better the current situation

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