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  1. #1
    nubs is offline Newbie
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    Default Which setup looks most interesting?

    After the strong week the USD had, everyone is looking for a pullback to enter. Which of these five setups interests you the most.

    The AUD has been falling like a rock. At some point traders have to take profit leading to a pullback. A easy point to enter would be par which is around the 38 fib level.

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    The USDCHF could pullback to the 50 fib level which has previously acted as a resistance turned support level. There is also the chance it only falls to the 38 fib level which had previously acted as a level of consolidation and support.

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    The natural place for the yen to pull back to would be former resistance at 100.00

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    The EUR could find a nice pullback to the 38 fib level which previously acted as a profit taking level near 1.2950

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    Lastly does the CAD pull back at all or break through resistance before pulling back to retest?

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  2. #2
    kasar3 is offline Newbie
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    didyour method give signals at all markets? (analysis, as good as it might be- is not a method)
    Last edited by kasar3; 05-20-2013 at 07:44 AM.

  3. #3
    nubs is offline Newbie
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    I don't have signals yet. These are places where price could retrace to where i could enter with the trend.

  4. #4
    CapitalVia is offline Newbie
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    Nubs...are you a Fx trader... well USD may gain more due to Germany statics

  5. #5
    GRIX FX's Avatar
    GRIX FX is offline Junior Member
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    well as far as re-entry is concerned, all these have potential points although the USD/CAD looks more of a sure thing to me as of today.

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