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What a day!!

It has been a very slow day, i have literally spent hours staring at my charts, waiting for some major market fluctuation to increase my balance and equity..It has not yet happened..
All my current trades are showing negative profit/loss, this is a bit disturbing...I almost feel like closing all the trades all together...Ranging markets can test anyone's patience...i was actually thinking i would get some good entries and run up to the number one spot!! ..That has not happened either...i am sign…
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Trader Contest!!

With barely seven days to go, the trader contest is gradually winding up. Looking at the charts, it is a bit obvious who the top 10 will be...I cant say i will be in that category, i have got some dangerous trades open... ..No risk, no reward..Right?
We have had a relatively slow day, i would say this has been the case all through the month, but that would not be very true...We have had some really impressive trends: look at the GBPAUD and EURAUD charts for more clarification..
The drop on the E…
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The Lazy EURUSD!!

The EURUSD seems to be stuck in a range, my long trade has been switching from negative to positive pips, with any major change. The dailies show a possible reversal, but it seems no one is ready to commit funds to a weak USD scenario. With the fed still singing QE songs, the USD is expected to continue its gain. The four hour EURUSD chart looks good for a buy, if the bullish move does not happen before market close, then i expect the bearish trend to resume. Its commonly believed that the EURUS…
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marius24 avatar
marius24 22 Gen

so far the best blog i have ever seen. The title and the picture represent entirely the latest movements in eur/usd :)))))

CommunitySupport avatar

totally agree, the funniest explanation I have ever seen here. Thank you! Keep posting, don't stop :)

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USD strength saved me last night - and A lesson learnt

Yesterday I could not stop myself from trading and it almost cost me a lot
I would short Euro/Usd, and two Euro crosses Eur/Aud and Eur/Nzd,
and also Gbp/Aud and Gbp/Nzd yesterday afternoon largely because I was looking for a final opportunity to gain second place
in performance points, and my initial plan to short Usd/Jpy around 105 seemed out of the picture
as I don't think the pair will get there this year the way it has stalled
The reason for these trades is my technical analysis on Eur/Usd…
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Retracement inEuro and GBP may come now

It looks like Eur/Usd is stalling at current levels and will probably retrace a bit,
Usd/Jpy is not going down any more and this could indicate that the strength is returning,
and it may continue its way up,
Euro and Gbp will then retrace a bit probably,
as they are stuck at retracement levels, and are unwilling to go higher
I am shorting Eur/Usd and a few crosses, gbp crosses too,
that might all break their previous lows,
it is going to be hard to make more than just a couple of pips in a marke…
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