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  • Squawk / Yesterday at 11:22 GMT
    trends2trade trends2trade
    Senior Analyst / Trends2Trade.com
    Canada
    Another great example of our trade setups. We issued this short at exact top. We trade less but make more.
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  • Squawk / Yesterday at 11:18 GMT
    trends2trade trends2trade
    Senior Analyst / Trends2Trade.com
    Canada
    Our Dax long was issued, our members were happy by 1st shorting it then went long at the bottom. Another example of great trade setups.
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  • Squawk / Yesterday at 8:41 GMT
    wizard65 wizard65
    Senior Analyst / Tallinex.com
    Estonia
    Weekly Trading Forecasts on Major Pairs (April 21 - 25, 2014)

    EURUSD
    Dominant bias: Bullish
    This market has been moving sideways for days without going in a directional move. However, the bullish bias is still valid because the price has been able to stay above the strong support line at 1.3800. Any movement below that support line could mean the end of the bullish bias. Really, the odds of the price moving upwards are very high when momentum returns to the market. For the bulls, there are targets at the resistance line of 1.3900 and 1.3950.

    USDCHF
    Dominant bias: Bearish
    Although the current situation on this pair can still be termed as being bearish, the situation is highly precarious. The bearish outlook is under a serious threat because the pair has been moving slowly, but steadily upwards recently.
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  • Squawk / Thursday at 10:16 GMT
    fxtime fxtime
    Theta Hypothesis Testing at present !
    United Kingdom
    Nice gap down on the ftse cash mkt....normally (93%) of the time this gap will within 5 trading days fwiw.
    Lets see if it does? One caution though....the longer it takes to fill the bigger the drawdown risk.
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    1d
    fxtime fxtime
    Apologies I should read any entries I make before posting....93% of all down gaps are filled within 5 subsequent trading days. This relates to the cash mkts....
    1d
    fxtime fxtime
    Gap fill completed an easy +20 pts banked :-)
  • Squawk / Thursday at 8:44 GMT
    wizard65 wizard65
    Senior Analyst / Tallinex.com
    Estonia
    What Would Happen Next to the EURUSD?

    “It is not so important to be right, but how to make money when you are right.” – Ivan Hoff

    I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the moderator showed us a EURUSD chart (whose dominant trend was bullish, but the short-term trend was bearish) and asked us this question:

    Where do you think the price would go next?

    There was silence in the hall. Predicting the future is a great challenge; plus it’s senseless to talk about the future price action with an utmost certainty. A few traders stood up and tried to give their opinions. I later stood up, took the microphone and said that two things could happen at that juncture: the price could turn in favor of the dominant trend which would continue OR the short-term bearish correction could actually be the beginning of a strong bearish outlook. Was I wrong?
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    1d
    smacksman smacksman
    So you said the price could go up or down - a forecast. that should prove correct.