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#1 (permalink) |
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InformedTrades Founder
Community Host |
Drumroll Please!!!!
Questions and comments welcome as always. Best Regards, Dave
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My Free Courses: Forex Course - Stock Course - Futures Course - Basics of Trading - Subprime Crisis - Prorealtime Charts Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades. |
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#4 (permalink) |
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Join Date: May 2009
Location: Indiana
Posts: 84
InformedPoints: 150.00 |
Wonder what his ideas now after a much worse NFP ? I was always curious about the USD/CAD , relationship in July. I am thinking though, since we are their largest trading partner maybe the relationship wont be as strong this July
regards Brad |
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#5 (permalink) | |
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Quote:
The market was very irrational post the nfp release. The eurusd went down. usdjpy down, most usd majors went down. I'm currently long the eurusd but it turns out that the market will take some time to reverse into the correct stance where TA shows us its the right way the go. Best of luck| Forexer
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Time must be used Very Prudently and FOCUS Please FOCUS, Forexer! |
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#6 (permalink) | |
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Join Date: May 2009
Location: Indiana
Posts: 84
InformedPoints: 150.00 |
Quote:
The market isn't irrational; it is composed of humans who when in mass act differently than when alone A friggin tech glitch cost me 40 pips today on that Eur/USD scalp during NFP. I will stand aside till sunday evening, monday morning
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#8 (permalink) |
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Morgan Stanley (MS.N: Quote) has hiked its 2009 and 2010 copper price forecasts, partly because of a strong recovery in China, the world's largest consumer of the metal used in power and construction.
The bank raised its 2009 copper price forecast by 48 percent to $2.14 per lb from $1.45 previously. For next year, the forecast was raised 52 percent to $2.50 per lb. |
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