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Posts by "alan111s"

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23 Posts Total by "alan111s":
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Alan111S
(Melbourne, Australia)
5 Posts by Anonymous "alan111s":
 
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Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 29, 2011 6:16
In Thread: EUR
Lovely pin bar rejection of 1.3637 on 15-minute chart. I think 1.364 will hold .....
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 29, 2011 6:03
In Thread: EUR
The 50% fib from last nights decline 1.3678 -> 1.3520 is 1.3600. I think we've overshot because of the EFSF vote.
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 29, 2011 5:58
In Thread: EUR
@djellal Yes, erm; might have been a bit hasty, should have waited a bit longer to 1.362 .....I still think 1.364 SL will hold. Also, major event risk with Bundestag vote. If they pass EFSF increase and Merkel's party is not in disarray, how high will EUR rally. Any ideas?
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 29, 2011 5:00
In Thread: EUR
Should have said opened EURUSD short @1.3603
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 29, 2011 4:53
In Thread: EUR
Opened short EURUSD as per AL's premium trades from last night.
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 28, 2011 7:22
In Thread: EUR
Addendum: Forgot to mention in my earlier post, I never trade more than 3-4% of my account and always use stops .....
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 28, 2011 7:20
In Thread: EUR
@jacek I don't trade commodities as I'm using GFT Web and I find that convenient as I'm out on site and can access it from wherever. The GFT Web for my account isn't setup for Commodities.
Alan111S
Melbourne, Australia
Posts: 18
13 years ago
Sep 21, 2011 4:15
In Thread: Commodity FX (CAD AUD NZD NOK)
@chloethebull My 2c worth. I think this is a combination of short covering and the market positioning itself ready to go either way post-FOMC. If they announce QE3 and it's big enough, we'll see a risk rally (USD lower). If not and they announce something else e.g. Operation Twist, the market will likely be disappointed and USD will rally.

I'm interested to see that the current prices of EUR, GBP, AUD versus the dollar are at levels which are confusing the Elliot Wavers. For example, according to EW services I use, EURUSD should have spiked 1.3445 by now. GBPUSD and AUDUSD could go higher or lower from here.
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