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Hello all,
The USD is at 70 on our Big Picture Market Barometer. This should set up some nice trades today..!! You can view our Big Picture Barometer on the Free Web Charts here: Signals Lounge We created a movie to explain how to use our Market Barometer and rules for entering a trade: FREE Web Charts & Barometers
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FREE Forex Lessons & Weekly Market Analysis... |
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thnx riffster have a nice day! |
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Happy hunting...
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FREE Forex Lessons & Weekly Market Analysis... Last edited by riffster; 07-30-2008 at 07:35 AM. |
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now its doji & bullish engulfing on ibfx nzdusd H1...hehe
Last edited by CP6; 07-30-2008 at 09:11 AM. |
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Yeah, I would still try to wait for 7300... trendline support...
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Can we buy nzdusd or audjpy? It seems when it over 70 or 30,the trend continue,how should you do? Do you still long nzdusd at 7300 or you had stopped lose?
![]() And do the big picture always free? I am very interesting with your big picture ![]() |
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Yes, our Big Picture will remain a free tool for our Forum Members. The USD strength is amazing. Going back 2 years on the Big Picture, no other currency got above 85, but yes, normally when a currency reaches 75 or 25 it's ready to turn. Our members (both free and paid) that use X Trend and Power Bars have done very well. I have had 3 losing trades this week trying to sell the USD (I prefer to trade with our Barometers) All part of trading, but the Barometers are usually spot on, this recent USD strength is not "normal"... Oil prices, uncertainty, etc... Hope that helps...
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