FOREX - Trends, Forecasts and Implications (Episode 13: March 2012) - page 291

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yurchenko:
Doesn't really look like a fall.
It will. Just a lot of people closing long positions all at once.
 
what, we can't get to 13400
 
wmlab:
It will fall. Just a lot of people closing long positions all at once.
The cluster does not show it, except that there is normal upward activity, which suggests otherwise
 

Renco is going up steadily so far

 
OlegTs:
cluster does not show it, except normal upward activity, which suggests otherwise
Such a spike in the eu and pound with an expected fall and no news seems to be purely speculative. Let's hang around for an hour or two and then go down. That's my view, I won't give a tooth :)
 
wmlab:
This surge in the Yen and Pound with an expected drop and no news seems to be purely speculative. Let's hang around for an hour or two and then go down. That's my view, I won't give a tooth :)
Look at history for candles like this, they don't indicate a big drop
 
wmlab:
This surge in the Yen and Pound with an expected drop and no news seems to be purely speculative. Let's hang around for an hour or two and then go down. That's my view, I won't give a tooth :)

Just the close of the week, month, quarter, year.
 
Funny ) you're all selling here. I just went in and bought at 1.3353. By the way, my yesterday's buy from 1.3275 closed with an TP at 1.3350
 
Mobilich is buying, which means a U-turn is imminent.
 
MobileMan:
Funny ) you're all selling here. I just went in and bought at 1.3353. By the way, my yesterday's buy from 1.3275 closed with the TP at 1.3350
Why buy? I remember somebody promised a strong fall by the end of March.)
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