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EURUSD overview

The US data was followed yesterday, while Easter holidays starting on Friday caused shallow prices on the parite side. The manufacturing Purchasing Managers Index (PMI), which was announced by the resource management Institute (ISM), did not meet market expectations with 59.3 and 60.1. The manufacturing PMI data announced by Markit was also below expectations. On the other hand, trade wars between the United States and China continue to intensify. In the euro zone, the outcome of the coalition t…
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From (-119 pips loss to a +278 pips win) !!!.

  • On the 4th of June I made some analysis and they were indicating me that the GBP/NZD should march in a long term bullish trend starting very soon. So i backed my analysis with a position as i always do ,but i have been proven wrong very soon. I entered a 5 milion buy position at the top of the trend. The trend reversed on 1 Day chart and i took a 119 pips loss which kinda smashed my equity sending it under 70 k.
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    ilonalt avatar
    ilonalt 13 Jun

    Great profit, great job! Good luck in a future!

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    EUR/ AUD pending order payed big time on RBA news

    Several days ago when i was analizing several pairs for the tehnical analysis contest i also took a look at the EUR/AUD. I didn't suceed to post on time this analysis but the work done wasn't in vain. I rembered this pair because it has an excelent potential for a bullish run of at least 300-500 pips very soon. My point here is also backed by recent RBA necesity for a weaker aussie to boost the economy rather than a last resort solution like an interest rate cut,which they said is
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    Metal_Mind avatar

    I prepared a very nice chart but i got an error message and couldn;t post it. I was allowed only to post without the picture.

    jezz avatar
    jezz 4 Dez

    This is a very good plan. You've written it like you lost money. Good work

    Metal_Mind avatar

    thanks jezz

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