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EUR/USD Holding Above Trendline Support
Euro’s pullback continued, touching a daily low at 1.3862 yesterday and the trendline support coming from 1.3430 is still intact
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Tea with Mike
Mike is a professional full-time trader and I admire his work. I believe that the following interview will be a great lesson that we can learn.
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Some charts and setups to watch
Hello folks. Last weeks I posted some charts which I considered interesting. Here are some more, including updates to the ones posted last time.
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10 Trading Lessons You Can Learn From Albert Einstein
I was inspired by this article and I believe that traders can learn some useful things from the motivational quotes by Albert Einstein.
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What happened in two days
This post is a short update to my Sunday article: some trading setups for this new week
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Trading setups for this new week
Here are some charts & setups worth watching this week
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Snow is falling and gold is rising
Greetings. It’s been a pretty wild week in the Forex World as attention switched away from the Euro Zone debt problems for a while and the US unemployment rate rose to 7-month high at 9.8%, in a surprising setback, despite Fed’s tremendous effort
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The worst chart since yesterday
Euro’s recovery on ‘good’ news (oh really?!) coming from Dublin is intraday history already and last week’s bottom at 1.3450 is back on the radar as the euro pulled back more than half of last week’s up leg
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Risk on
Quote of the day: The best way to appreciate your job is to imagine yourself without one. – Oscar WildeEURUSD
Trading strategy: long at 1.4160 on potential pullback, stop at 1.4090 (0.5% risk), 1st objective at 1.4210, 2nd objective at 1.4
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The quiet breakout before the storm
There’s only one day left until the Fed will (as expected) resume the program of assets purchases, trying to support the economic recovery. Current question is not “Will the Fed announce QE2?” but rather “How much money will the Fed inject into t
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EURUSD retreating towards 1.38
EURUSD - Although it opened higher yesterday, the euro failed to hold gains and pulled back once again from $1.400 – testing support around 1.3850 while writing this.
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Daily technical outlook 10-08-10
EURUSD - Although it managed to rally above the 1.4000 mark for the first time since February, the euro failed to hold gains and pulled back to 1.3860, as the dollar recovered some losses against its major counterparts – especially gold which was


