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| Beautiful Jakarta, from the Gelora Bung Karno. |
Indonesia as one of the emerging market country, would be the target of global investors. Sectors of particular concern today is our domestic property market. Moreover, economies of the developing countries are experiencing a massive slowdown and financial crisis in Europe is not abating. It is confusing where to put our money to.
The single currency still move in a narrow range between 1.26 - 1.32 since beginning of September 2012. With a temporary bullish move after the international lender agree on a new debt upon Greece.
Right. The MACD shows a round top formation, after successful bullish move made by EURJPY. Is it ready to pullback?
The EURUSD re-climbing the ladder upwards after improved PMI data from Germany and France as hopes for an imminent deal on an aid payment for Greece supported the single currency.
Therefore, the bullish rhythm is back as the EURUSD already broke the multiple resistances of EMA 21 and SMA 200. The MACD shows zero-break pattern (it cancel yesterday's yet to be confirmed bearish trend continuation pattern.
Nearest stops at the round figure 1.28.
Fellow Traders and Bloggers
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DJIA and Nasdaq 100
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For the week starting 17 June 2013
It's Tuesday today and I just got back to my desk to start work. Many
emails and updates.
It's choppy on the DJIA c...
12 minutes ago
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Forex Daily Outlook June 18 2013
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In the US Building Permits and Inflation Report Hearings in the UK are the
main events lined up. Let’s see what awaits us today. In the US, Building
Permi...
1 hour ago
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Leverate Launches Updated HTML5 Sirix Web Platform
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Forex technology provider, Leverate, has announced the launch of its new
web based trading platform, SirixTM. The platform is an updated HTML5 based
vers...
2 hours ago
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How You Can Change Your Decision Making
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I like the thought process here: How You Can Change Your Decision Making
Raise your awareness: Incomplete information and lots of uncertainty leads
to poor...
8 hours ago
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NZDUSD Lower From Fakey Signal, Crude Oil Update, 17th June 2013
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The NZDUSD 4 hour chart fakey sell-signal that we discussed in last
Friday’s commentary, saw price move lower today as the market rotated down
to a low of ...
8 hours ago
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Pettis on China, Europe, Japan: Bad News for Those Looking for Growth
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Via email here is another update from Michael Pettis at China Financial
Markets. What follows is from Michael Pettis.
*Special points*
- Europe is att...
11 hours ago
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Mon. 6/17
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3:20pm CDT - Tough watching a $700 winner turn into a loss. Them's the
breaks when you don't trail stops.
RESULTS FOR DAYTF Contracts:1Net $P/L:-33Wins:0Los...
11 hours ago
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Open Letter to the Xanga Team
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**** I'm Calling on the "Xanga Community" to Rec this if you agree ****
Dear Xanga Team
I want to start by saying I don't mean to be seen as a Nega...
18 hours ago
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Morning Charts 06/16/13 SPX /ES
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I'm not going too deep with the post for three reasons -
1) The government is in deep shit and is getting ready to crank up
distraction central. War, false...
19 hours ago
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Gold And Dollar Moving Up
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I just read an intriguing article by Larry Edelson which he believes both
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unive...
1 day ago
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11-6-13 NQ Trading
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Long @ 2950 TP @ 2970 NP = 20pts Trade receipt ================
5 days ago
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Secure Your Home on a (Really) Tight Budget
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The following is a guest post from Joe Fortunato, a freelance writer based
out of Tampa, Florida. He enjoys writing on whatever issues life may throw
his w...
2 weeks ago
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Monday Charts
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Good morning. Here’s a quick look at some of today’s charts EURUSD The euro
slipped below 1.300 against the US dollar and the decline is likely to
continue...
5 weeks ago
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Recent trades
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Short *USDCAD, Daily* entry @1.00694 at the break of the red big candle.
Target hit @1.00250 for a gain of *+45*
Long *GBPJPY, Daily* entered @153.996 o...
5 weeks ago
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Judgment Call
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Gbp/Usd: Short trade.... long yellow lines are my imaginary support and
resistance lines. Consolidating for a while and pooof.....
I closed the trade 10...
1 month ago
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Market Summary (08Jan)
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Euro rebounded broadly overnight on building expectations that ECB would
keep the policy rate unchanged at 0.75% this week. According to a Reuters
poll, 67...
5 months ago
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Final stand
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That’s my final act. There are things in life more serious than Forex.All
my trades posted on the Web were demo trades.Thx to all mates. Filed under:
Trades
5 months ago
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The blood of Christ - Hebrews 9:11-15
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*Hebrews 9:11-15*
11 But Christ came *as* High Priest of the good things to come,[a] with the
greater and more perfect tabernacle not made with hands, that...
5 months ago
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CA Employment Change | January 4, 2013 | News Trading
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We´ll be getting the Canadian Employment Change release number tomorrow,
here is the forecast: 8:30am (NY Time) CAD Employment Change Forecast 0.0K
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5 months ago
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Loonie and Aussie Share Downward Bond
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In yesterday’s post (Tide is Turning for the Aussie), I explained how a
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form of...
1 year ago
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