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- Esssex replied Jun 12, 2012
Hasn't it already started albeit slowly? To the extent that people were offered spider man towels.
EURUSD
- Esssex replied Jun 12, 2012
And T-Bills/Bunds are still green. So where is the money going? Definitely not safe haven assets or the dollar, doesn't seem to be the EUR either. Price check across other currencies, anywhere but the EUR it seems. Something big is coming best to ...
EURUSD
- Esssex replied Jun 12, 2012
I'd much rather wait for T-bills and bunds to turn negative if not we are still gonna be stuck in range. Spanish yields have been in the green together with Italian yields since Landan and just look at the price action.
EURUSD
- Esssex replied Jun 12, 2012
Trading the range is a good option. 79 - 15 is the range to trade. Longs at 79 and shorts at 15 of course with virgin tight SLs. @Sycho Yeah I get your point bro.
EURUSD
- Esssex replied Jun 12, 2012
Wait for H4 close for direction. Can't trade the shorter TFs at all today.
EURUSD
- Esssex replied Jun 12, 2012
So, I should be risking 20% of my cash per trade? Which probably means when I scale in 5 positions in the same direction, I am effectively putting my entire account on the line. Sounds good. Look, I'm not trying to be a dick here but when it comes ...
EURUSD
- Esssex replied Jun 12, 2012
Yeah bro. Same here, except that it hit my risk tolerance of 5% so I had to close out my 4 shorts of 17, 15, 90, 82 respectively.
EURUSD
- Esssex replied Jun 12, 2012
Back in the fucking game! Doesn't change the fact that I am an angry bird today though. Probably gonna catapult myself soon.EURUSD
- Esssex replied Jun 12, 2012
Hang on, I'm looking through my phone directory. Which one do you want? The ugly or the fat?
EURUSD
- Esssex replied Jun 12, 2012
Today is like one of those days where you make all the correct decisions but the market decides to punish you for it. So you fold your hand because it hits your risk tolerance and then he turns around to laugh/slap you. Angry as fuck to the extent ...
EURUSD
- Esssex replied Jun 12, 2012
I had my shorts at 90 with SLs above the range. Yeah, I went to put SLs again. Fuck.
EURUSD
- Esssex replied Jun 12, 2012
Fucking bullshit, just when I've finally covered my shorts that shit does a 180 on me. Gonna just wait at levels of interest again for entries.
EURUSD
- Esssex replied Jun 12, 2012
Close all my shorts and change my plan to scalping the day but it has to form a bottom of course. Has to close above 20 for me to be a bull. It's just not convincing enough today, everything seems range bound.
EURUSD
- Esssex replied Jun 12, 2012
Here we go. This hourly close shall decide everything for me. Whether I fight or take flight that is..
EURUSD
- Esssex replied Jun 12, 2012
Don't understand this part. Mind explaining? I don't know about supply/demand areas.
EURUSD
- Esssex replied Jun 12, 2012
Well, fundamentals were all pointing down til something came along and messed the dollar up.
EURUSD
- Esssex replied Jun 12, 2012
This month has been a lesson that you should never trade with SL when there is so much hunting. Reduce lot size and increase tolerance.
EURUSD
- Esssex replied Jun 12, 2012
Still waiting for a breach of 70 before I scale in more shorts for target 40. All shorts at BE+1 now though.
EURUSD