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Old 03-04-2005, 18:20   #1
fxscalper90
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What IS This?

Speculation money?? Fear? Panic?

Stupidity??

sKaLpZ
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Old 04-04-2005, 03:17   #2
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Re: What IS This?

all of them !

something happend a lot of time
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Old 04-04-2005, 03:24   #3
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Re: What IS This?

sKaLpZ,

I am not sure about what you are remarking upon.

If it is the movement, then it is not unusual following economic news releases.

If it is the fact that three pairs went simultaneously, it is nothing unusual either. All pairs that have USD as a component will move simultaneously, otherwise it would open some arbitrage opportunities on the crosses.

Cheers,


MidGe
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Old 04-04-2005, 03:44   #4
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Talking Re: What IS This?

That's a good time to make profit for whom which has power to move the market direction!

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Old 04-04-2005, 06:11   #5
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Re: What IS This?

Best time to make low risk profits is when people panic and aren't thinking clearly. That's our best time to take money from city traders. But your emotional threshold needs to be above theirs.
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Old 04-04-2005, 06:31   #6
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Re: What IS This?

What IS This ?

It's a 30 pip move in 3 correlated currency pairs, not exactly unusual

7am today

8.30 today
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Old 04-04-2005, 06:55   #7
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Re: What IS This?

you might add 30 points over three and a half hours....hardly something to get excited about if you embrace any volitility at all.
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