Daily EUR/USD trades

Quote from illiquid:

This feels like a little more than the garden variety pull back to me, same with the bonds.
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We are just now getting near the 20 MA. Good pullbacks where you can establish a new reaction low or high are generally at or violate the 20 MA. At the moment it is ordinary pullback in an uptrend. Could this be a real reversal? Certainly!
 
Quote from illiquid:

Well the most buyable pullbacks are the scariest to touch, so it could bounce big here -- just not gonna bet on it.
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The nice thing is that I have been fortunate to be long from quite a bit lower and can stand in there. The person that hopped on a few days ago is needing to jump off. I don't necessarily like what I see, but am deferring to longer frames here like the weekly. Looking ahead on the weekly, I can certainly see a potential of the blow off top and reversal, but that isn't there yet either. In fact, so far this week , we are only about 30 pips down from the open Sunday night. Today and tomorrow will be interesting--no question about it.
 
Quote from Buy1Sell2:

The nice thing is that I have been fortunate to be long from quite a bit lower and can stand in there. The person that hopped on a few days ago is needing to jump off. I don't necessarily like what I see, but am deferring to longer frames here like the weekly. Looking ahead on the weekly, I can certainly see a potential of the blow off top and reversal, but that isn't there yet either. In fact, so far this week , we are only about 30 pips down from the open Sunday night. Today and tomorrow will be interesting--no question about it.
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I suppose the next BLD to rely upon is the one on 240 EUR/USD chart
 
Quote from Ivanovich:

And where is the projected completion?
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It's very difficult to project turing points in advance, but I can say that I see a correction starting @ 1.3145 with at least one more move down, maybe more. If there is more than one more move down, it will be a sizable move.
 
Quote from WaveMaster:

It's very difficult to project turing points in advance, but I can say that I see a correction starting @ 1.3145 with at least one more move down, maybe more. If there is more than one more move down, it will be a sizable move.
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Do you know what fellas, what is more interesting is to hear the reasons behind the trade decision so we can compare and analyse/criticise, unless you are using a proprietary system :)
 
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