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Upcoming Signals Overview (July 19~23, 2010)

Discussion in 'Current Forex Trading Signals' started by Henry Liu, Jul 18, 2010.

  1. Mikhail

    Mikhail Recruit

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    AUD

    Dear MidnightRun
    I fully agree with you about eurusd. I sure you have your own ideas as the way AUD will be run. But have you such thoughts on S&P and Dow? And please if you have, say them also. I see, there's USDX is the major thing.
     
  2. MidnightRun

    MidnightRun Sergeant

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    Overall, I am bearish on S&P and Dow. S&P has dropped to an important support of 1,060, should it go lower, next support is around 1,040. Actually I beleive S&P will eventually drop much lower, but that will not happen overnight, will take time. Same general bearish view on Dow.
     
  3. Mikhail

    Mikhail Recruit

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    OK. But usdx has near come to the support of 82.00. And would there the breakthrough? 0.5pt has remained. I think AUD will drop very strong, near 0.79-0.78-0.76 on coming weeks and months (but I can't also eliminate the level of 0.91 on the next month). This's my thickest problem. The most difficult part is waiting or choosing.
     
  4. KJeff

    KJeff Recruit

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    Hi Henry,

    Thanks for the explanation. Now I think that I understand why sometimes, when I place a trade, suddenly the market trend moves against me. This information is really a life-saver.

    KJeff
     
  5. Ogueji Anthony Ikechukwu

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    knowing it very well

    thanks my big boss, pls lilu i want u to help me more about this signal in a simple way. 4rm when will it go bullish or bearish on each day. im just a new bigginer. thanks n GOD bless u
     
  6. claviceps

    claviceps Recruit

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    Nice one Henry - that got my pip counter spinning
    many thanks
     
  7. RCM

    RCM Recruit

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    USDCAD Thursday 22nd July 2010 trade

    Thanks Henry,

    I was using 5 min candle chart and I bought the spike up on the announcement at 1.04516 and then bought another position two minutes later on the retracement at 1.04417

    Exited the first position on a trailing stop after 21 minutes at 1.04529 for a small profit

    Closed the second position at 1.04563 14 minutes after opening it, so by waiting just 2 minutes for the retracement trade I made far more pips.

    Thank you for your help
     

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