I think GU can be up to 2.00 around
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Thread: Discuss all about FX open
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29-04-2008, 08:20 AM #251
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29-04-2008, 01:57 PM #252
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god loss a lot :( GBP/USD is downing
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29-04-2008, 09:55 PM #253
The CHF stability is visible indirectly by watching EURUSD and USDCHF. There you have three cureencies EUR, USD and CHF. If EURUSD goes up, USDCHF goes almost perfectly in opposite direction - so called negative correlation, which is very strong with those two currency pairs.
The imperfection in the "mirror reflection" is caused by the rest of the equation which is the EURCHF pair. If it is so, then it should act like an axis for EURUSD and USDCHF. Let's see:
So, what do you think about CHF now purely from statistical point of view? ;)
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29-04-2008, 10:03 PM #254
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29-04-2008, 10:13 PM #255
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29-04-2008, 11:10 PM #256
btw: if you are not going to trade on wednesday, you can at least read this FOMC And The Markets and watch the markets for clues :)
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30-04-2008, 02:34 AM #257
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G/U droped to daily charting trend line now, i will waiting the trend cleraly at least on H4.
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30-04-2008, 02:38 AM #258
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30-04-2008, 02:47 PM #259
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30-04-2008, 02:50 PM #260
hi all for GU i think will more safe if you trade it after FED rates announcement.
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