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Month: August 2010

Ouch…Eur Must Have Hit Its Head On Something

EUR/USD spikes mid-London, hits its head on the major downward sloping trendline at 1.2870 and starts to aggressively fade. CPI numbers, in line as always. Friday's German GDP catching up with traders after the worldwide
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A Blind Man Drives A Car…

I have a routine. I have been doing it for years so it is something of a second nature to me. Having CONTROL is about as good as it gets for a trader and is
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Cracking the Trendline

  …..never underestimate the value of a major daily trendline getting whacked. As I write we are in the middle of the Asian session and EUR/USD is showing signs that its massive daily trendline is
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