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- 289 Results (287 Replies, 2 Comments)
- QuikFlipp replied Apr 10, 2013
this is simple. Once the fed announces they are slowing down their program, dollar will spike, interest rates will rise, and eu will drop like a rock...(in a nutshell).
EURUSD
- QuikFlipp replied Apr 10, 2013
There wont be strong buying until the 1.3 level tested and even this will be sort-lived pop, till then she drifts lower. There is not much demand at 1.309 level, so she will drift lower into the close.
EURUSD
- QuikFlipp replied Apr 10, 2013
Not enough strngth to test 1.31 again, atleast today...she needs to consolidate before a move higher but im betting this goes down hard next few sessions.
EURUSD
- QuikFlipp replied Apr 10, 2013
There is much more negative news that is yet to come out of Europe, this minor short cover pattern has been seen recently with gold futures about a month back; gold broke the DT then moved up, then cam crashing down harder...this pattern frequetly ...
EURUSD
- QuikFlipp replied Apr 10, 2013
Definite change of trend...the usual bullish push that occurs around this time is absent for the first day since the move up began. Selling pressure will increase as trend change confirmations are realized. Glta
EURUSD
- QuikFlipp replied Apr 10, 2013
4hr chart shows accumulation dropping hard, looks like reversal in place....lookout below
EURUSD
- QuikFlipp replied Apr 9, 2013
Eu has gone up for four straight days with no consolidation...tomorrow either becomes consolidation day, or news makes it a down day...im betting the latter. Gl.
EURUSD
- QuikFlipp replied Apr 9, 2013
Back to the topic here: HAs noone else noticed that there have multiple gaps up along the way? I believe this thing will be coming back down very soon. There is way too much negative news coming out regarding slovenia, portugal, cyprus, etc. Italy ...
EURUSD