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Everything posted by Ammeo
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Yeah that is scary too bt US seems to always find a way to redeem themselves, the upcoming oil boom in US may lower that debt limit a bit though .. I personally dont think the strongest economy in the world to collapse as easily as USSR did..
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What can we say, the world has become a very cruel place now...all most people can do is suffer..
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EUR/AUD---> already broke the daily resistance at 4560. After it breaks that you look for the next major level of resistance.
- 33 replies
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- dark cloud
- hammer
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NZD/USD--> entered long just now @ 0.8195 SL 25 TP 150 R:R = 1:6 : )
- 33 replies
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- dark cloud
- hammer
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Goldman predicts Gold may go down further 15% in 2014...
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scenario 1 not going past 3548, scenario 2 not going past 3580 scenario 3 going past both... if scenario 3 happen, adding short every 100 pips up with 1 percent margin tp 50..
- 318 replies
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1.1 billion option expiry in USD/JPY at strike price of 101. be careful it might give a false breakout below 101..
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Japan posted record Trade deficit for fifteenth months in row last month. Quite scary if you ask me. Heavy pressure for weakness of Yen. I have been loading that facking crap for three weeks and got spiked out during ECB ratecut, so am flat now.
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I think we will come down to 99.8x-9x level early next week and we will get a bounce upwards. if the bounce is impulsive upwards and takes out current highs within 16 hours then we are continuing the upmove. If we get a corrective bounce, then likely we head down to at least 98.5 level...
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EUR index 4H time frame presents a good long trade opportunity from the current chart pattern. USD index 4H time frame shows the pair entering some sort of correction. Taken together, when looking at EUR/USD, signs indicate that the up move from the lows could be a leading diagonal, there is a trade opportunity here to play EUR/USD to take out 1.38... (may coincide with FED releasing minutes).....
- 318 replies
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EUR/USD... Short at 3734 Short at 3636 Short at 3538 Long at 3440 Long at 3342 Long at 3244 Long at 3146 Long at 3048
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I had a pending short 161 hit to 160.5 TP An long pending 161.4 to 162 TP thought we would see a bounce before it climbs again. Since it does move a lot like the EUR/YEN That is trading for you,to many pending orders in too many charts Still reckon small shorts above 161 will be taken out any sudden down moves....
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I just entered a small position in USD/JPY on the bearish side. The 4 hour chart looks bearish. I reckon it could drop pretty hard and quickly from here.
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I dont know anything yet, personally i am very much happy with MT4 until now. I thing would be awesome if they could provide a news feed terminal like Twitter within it. I know its kinda unreal but would be gr8..
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The market is really getting its knickers in a knot around this level but the irony is that the July/Aug advance was the end of an asymmetrical 4th wave, so it actually has little relevance to what is in effect right now, namely wave 5 - the last last leg down in Gold's correction since the 2011 top. We're going up in a correction to the upside right now - it shouldn't get far but a strong and definitive push up will mean that subwave 3 (of wave 5 down) can do its thing - which is to get us to the low near 1180....
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Seems u have taken a nice start. I cant advice much bt only thing i wd tell is to keep urself away from hyped and manipulated stocks or any asset as much as u can. Better start investing in blue chip compnies as they r much much stale and have a better chance of giving healthy (if not much) returns.
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I think we will defo see $1200 before the year is out, $1000 could be interesting and got to quickly as there is very little technical support until there, but at the end of the day, only time will tell, its the market, anything could happen...
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Thinking USD/JPY is going to break through 100 strongly and not look back. Both JPY and USD are in 3rd waves. initial target: 109.
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Strong Bull Market. We must see upper gap open next week...
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For what it's worth and it is my forecast. I believe that AUD should resume upwards regardless of US data. Good US data is globally good news. I can't explain in detail as my reasoning will take quite a while. But market will react differently to how i think it should so If NFP is better than expected then AUD could see 9400 area give or take 20 or so pips where from should resume it's rise to firstly challenge 9750ish highs and continue to parity. If US Data is worse than expected than we have seen the mid term bottom from where AUD will resume it's up move.........
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Just closed long orders. Short at 0.9540. Before we can see an optimistic jobless report, I don't think AUD can clear 0.9550......
- 28 replies
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I prefer half the later Asian and then the full London session...New York session is much too a mess...