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May 2012 Blog Posts (19)

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Added by JDfn Administrator on May 31, 2012 at 11:39am — No Comments

Bright Side?

There’s always a bright side to things, just ask the markets.



All three headline composites of the latest Case Shiller home price index were lower for the first quarter 2012. In fact, home prices in many cities are at the lowest levels since the housing crisis began.



This “good news” combined with the other “good news,” Greece being such a gigantic financial disaster that it’s getting kicked out of the Euro, propelled the market higher.



If we are going to…

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Added by Larry Levin on May 31, 2012 at 3:15am — No Comments

Forex4you Technical Analysis 30 May 2012

EUR/USD: Technical Analysis

The price declined lower and breached 1.2470 level, mentioned earlier as the target. At the moment the price is attempting to hold below this support, trading is carried out at 1.2450/40 level. If the bears succeed, the next target at 1.2400/1.2390 support will be tested any time soon after. On the other hand, currently forming MACD divergence suggest to be cautious and consider a possibility of the upcoming large-scale pullback. The fact,…

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Added by Forex4you on May 30, 2012 at 8:15am — No Comments

Forex4you Technical Analysis 29 May 2012

EUR/USD: Technical Analysis

Eurodollar has rebounded from its lows today and - although it is stalling right now - there is the possibility of a move higher to the top of the range at around 1.2600. After that a sideways consolidation range could unfold before the next strong trending move. Alternatively another strong break lower would target the support level at 1.2395 and longer-term this level will probably be reached eventually as the outlook remains…

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Added by Forex4you on May 29, 2012 at 8:20am — No Comments

Forex4you Technical Analysis 28 May 2012

EUR/USD: Technical Analysis

A shooting star on the 4-hr chart is warning of further downside and there is the possibility of a bearish move to fill the gap at 1.2520. Beyond that the outlook is balanced as the head and shoulder's pattern has reached its downside target at 1.2525 and Friday formed an inverted hammer which could forecast more upside. If today remains above Friday's lows then it is possible there will be a reversal upswing, reaching 1.2642 at first and…

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Added by Forex4you on May 28, 2012 at 6:54am — No Comments

Forex4you Technical Analysis 25 May 2012

EUR/USD: Technical Analysis

The rebound from the 1.2510 lows this morning looks vulnerable to breakdown and there is a bearish shooting star on the hourly sitting on the 50 hour MA, which could signal a retest of the lows again and either a basing process will start or the pair will fall even lower. If there is no retest, however, and the rally extends higher, a possible target to the upside could be the 1.2645 level where the monthly and weekly pivots are…

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Added by Forex4you on May 25, 2012 at 7:51am — No Comments

Forex4you Technical Analysis 24 May 2012

EUR/USD: Technical Analysis

The price breached 1.2620 support, which indicated further possible decline towards new local minimums. Trading is currently carried out at 1.2550/40 levels. Indicators are turned down, suggesting to expect new targets to be tested at 1.2470 - 1.2400/1.2390 levels. However, a cluster of strong supports on the way may halt the pair and trigger consolidation with 1.2620/25 resistance as the upper bound.…

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Added by Forex4you on May 24, 2012 at 8:02am — No Comments

Forex4you Technical Analysis 21 May 2012

EUR/USD: Technical Analysis

The key reversal on Friday indicates the bullish rebound will probably continue higher. Today, however, we are pulling back, probably temporarily, perhaps down to the 50% retracement of the previous rally at 1.2725. This could be the B wave of an ABC with C still to come. When the correction has completed it could start to rally again with an upside target, initially, at the previous highs of 1.2810 but then probably at wave equality with…

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Added by Forex4you on May 21, 2012 at 8:11am — No Comments

Forex4you Technical Analysis 16 May 2012

EUR/USD: Technical Analysis

Eurodollar is forming reversal patterns at the lows which could indicate a bounce if confirmed. A hammer is forming on the daily and 4-hr charts. The measuring gap target at 1.2730 has been reached; the weekly pivot is supporting and not far below is the rarely touched S3 monthly pivot. There is further support from old trend-lines on the 50 pip and 10 pip point and figure charts. A bounce higher would probably reach resistance at 1.2810…

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Added by Forex4you on May 16, 2012 at 8:27am — No Comments

Forex4you Technical Analysis 15 May 2012

EUR/USD: Technical Analysis

Eurodollar has bounced off the monthly pivot at the 1.2820 level and begun rising sharply. This is probably a short-covering rally before the larger down-trend resumes. We could see it rise up to the consolidation level at 1.2925/35 and then roll-over. After that, the major down-trend should push the pair lower and reach the target from yesterday's measuring gap at 1.2730, before probably retouching the 1.2625 lows.…

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Added by Forex4you on May 15, 2012 at 8:18am — No Comments

Forex4you Technical Analysis 04 May 2012

EUR/USD: technical analysis

The price kept on consolidating within earlier reached minimums. If trades escape from the bearish flag, which is currently being formed, the price will most likely drop towards 1.3060 support and then to 1.3000 level. Indicators say in favor of such scenario. As for the current session, it's worth taking into account the US upcoming employment report, which can become a significant driver for the market. Therefore, we suggest being careful…

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Added by Forex4you on May 4, 2012 at 8:06am — No Comments

Forex4you Technical Analysis 03 May 2012

EUR/USD: technical analysis

Yesterday's move down was strong and I think it is likely there will be a continuation lower to the support level and H&S neckline at 1.3000. However, at the moment the pair has consolidated on the 50-day moving average and it may bounce higher to 1.3200 before any resumption of the down-trend, as momentum looks poised for a bounce and the hourly candlesticks turn more bullish.…

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Added by Forex4you on May 3, 2012 at 6:55am — No Comments

Forex4you Technical Analysis 02 May 2012

EUR/USD: Technical Analysis

The eurodollar pair has fallen in another leg lower after reaching the 1.3285 highs yesterday. It will probably continue lower to a lower channel-line at 1.3150 where it may consolidate - or recover perhaps to 1.3200. A deeper sell-off might see us retest the neckline of the large head & shoulders pattern on the daily chart, and a break below that would see us well on our way into sub one-thirty territory.…

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Added by Forex4you on May 2, 2012 at 8:38am — No Comments

Over the course

Over the course

The wheelchair next few lines I would like to take you on a journey of discovery, one that will hopefully change your life or at least give you the power to look a little deeper into it. For this journey to begin we must at first take a step, not quite a giant leap for mankind but a leap of faith nevertheless. Until you have taken this step your journey cannot begin. Do you believe in a creative force that guides and shapes your… Continue

Added by haolovelf on May 1, 2012 at 10:14pm — No Comments

If you perceive

If you perceive

Darkness Titanium Plate or death then you lifestyle will be quite materialistic, as a rule of thumb because there are always exceptions, but generally speaking you would be more concerned with looking after yourself in old age and making the most of the short time you've got. With light however you believe that a physical death does not mean a mental death, you don't die you just cast of a shell.… Continue

Added by haolovelf on May 1, 2012 at 10:14pm — No Comments

Time is to us as reason needs to be.

Time is to us as reason needs to be.

This non woven fabric basically means that we need time to evolve to our purpose and so that was why it was created. The long hand answer is purification of the soul and expansion of the spiritual consciousness to achieve our purpose and be at one with the universe, our purpose being our divinity and the universe our balance. I will take it apart so hopefully you will have more understanding.… Continue

Added by haolovelf on May 1, 2012 at 10:14pm — No Comments

With every self less

With every self less

act dye sublimation Satin ribbon you do whether donate to charity do charitable work or even just open the door for someone for it is the thought that counts, your soul gets stronger and your ego diminishes. So with the light of spiritual wisdom the power of the mantra and love, a selfless act you evolve towards your God head. Now your purpose is your divinity and contrary to popular belief your purpose is to serve and not to be… Continue

Added by haolovelf on May 1, 2012 at 10:14pm — No Comments

The third is the spirit

The third is the spirit

discernment hospital bed when man knew good from evil and became like Gods. The fourth spirit is the spirit of wisdom your physical will and the fifth your imagination, the spirit of understanding. Basically wisdom is what you know in the sense of knowing the name of the painting and this expands your intellect and understanding is what it actually stands for. Together these make the sixth spirit; the… Continue

Added by haolovelf on May 1, 2012 at 10:14pm — No Comments

You might choose a God

You might choose a God

pride tomato paste and thus serve in a self interested way or you might choose a God of love and then move on to the next level for that was the right choice to make. Before we move onto level ten I had better elaborate a little more to try and give you a bigger picture. If you think of the triad as a three headed dog you won't be far wrong. I have used a dog for it has been conditioned to serve man for the purpose you serve also… Continue

Added by haolovelf on May 1, 2012 at 10:13pm — No Comments

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