Nice. I am also looking at 1.095, but then would expect downturn turnabout ;-)
MaximiliyanBotusharov
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USD Consumer Price Index (YoY) (SEP) 1.5% 1.1%
USD Consumer Price Index Ex Food & Energy (YoY) (SEP) 2.3% 2.3%
Take care about that :)
MaximiliyanBotusharov
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I think the downtrend is more dangerous that the up trend :) but it could go like you say :) gl
x381966011250105
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For the past week the fundamentals weren't that much correlated to EURUSD. But I agree that American Indices did influence EURUSD much more than the European ones.. Forex has its own logic. Sometimes it takes care about fundamental data, sometimes it's driven by technical trading operated by different algorithms... :)
MaximiliyanBotusharov
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"|Sometimes it takes care about fundamental data, sometimes it's driven by technical trading operated by different algorithms... :)" so true !!! :) thats why im telling you to take care :P after reaching 1.095 i will stay out of the market to see how will the market continue ":) GL bro u got nice technical system :)
x381966011250105
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My technical system is more useful for psychotherapy and "taking the time" to wait and see. What we really do is trading with margin and cross-margin ratios for profit maximisation. Sometimes cross-trades help us correct mistakes from erroneous pictures we draw like children on our monitors :-) Nevertheless charting is a nice job, as far as it helps us stay sane, when we keep trading no matter whether the technical "algorithms" pushed by masonic organisations around the world concur with our visions about the market development or not :) Cheers! Good luck