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Only partial signal tonight (5-19-2010)

Discussion in 'Commercial Trade Journals' started by Sir Pipsalot, May 19, 2010.

  1. Sir Pipsalot

    Sir Pipsalot Former FPA Special Consultant

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    No signal tonight guys... medium to long term outlook from yesterday's signal is still valid:

    http://www.forexpeacearmy.com/forex...alots-tuesday-market-update-05-18-2010-a.html

    EUR/USD still could go either way tomorrow and a sell on the rally makes sense as I mentioned yesterday, otherwise play momentum on the Euro as I described.

    On stocks, we hit the sell zone perfectly capping out at 1144.75, and it's sort of a coin flip whether or not we'll get another bounce up in that region again, so if you're in short, great... rock it. If you're not in short, cross your fingers and hope for another chance in that range for a sell. The big key downside biasing level is around 1035-1040, so there's a lot of room down from here over the next few weeks, but if you can't wait that long, take some profits appropriately between here and there.
     
  2. NATAN SHAIN

    NATAN SHAIN Private

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    hello

    hi
    what abuot Retail Sales m/m gbp today?
     
  3. Sir Pipsalot

    Sir Pipsalot Former FPA Special Consultant

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    I previewed that in the 5-20 signal released earlier this morning.
     

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