Thread: CatFx50
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Old 05-04-2008, 03:01 PM
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nina nina is offline
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Hi!

Thx, Forexcashman!

Well, we had the big Friday last week. And if you want me to be honest, I do not believe the numbers the US government gave us. Not at all.

As you know, in USA there is not any kind of housing crisis. So, house built, house sold in a few seconds. Banks are having a very good time too: making profits as never before. You do not believe what I'm saying? You are smart, you are right. Irony and sarcasm.

But that's what they told us on Friday more or less. NFP is become a big, big fake. Next month, they will make a revision for sure. Where will us be next month? Who cares!!!!

Looking at eurusd, I should've sold it at 1.6000, but I did not. Big mistake.

Now, while trading below 1.5463, its way is down to 1.5258 - 1.5215/10 - 1.5170.

It needs to hold above 1.5463 if we want it up to 1.5549 on its way to 1.5754 - 1.5797.
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