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- Esssex replied Jun 7, 2012
2 levels need to break which is all part of the range. 77 and 81. Pending long orders at 91 just to be on the safe side that a breakout has occurred.
EURUSD
- Esssex replied Jun 7, 2012
High time we attempt to break out of 45-81. Maybe French yields can do the trick?
EURUSD
- Esssex replied Jun 7, 2012
Mehh... We'll be back ranging. The key for more upside would have been anything less than 6%.
EURUSD
- Esssex replied Jun 7, 2012
Yield should be the deal breaker for some action on how sustainable the cost of borrowing will be.
EURUSD
- Esssex replied Jun 7, 2012
Which is why you should always be adaptable to different market conditions.EURUSD
- Esssex replied Jun 7, 2012
Just to double check my charts, we are still in range of 45-77/81 right?
EURUSD
- Esssex replied Jun 7, 2012
Meh closed my long scalps from 45 @61. This is some intense fight for a close. Just close out of range would be the best result.
EURUSD
- Esssex replied Jun 7, 2012
Prices across all asset classes seem to suggest today is going to be a bearish day. Pick your entry points carefully once it breaks out of this 30 pip range. Possible places are 92 or 45.
EURUSD
- Esssex replied Jun 6, 2012
Yup. I got pending orders around that area, 26 to be precise. Looking to enter EUR/USD at 16 though I am not sure if that would be a farfetched target considering all the consolidation around the 81-60 range.
EURUSD
- Esssex replied Jun 6, 2012
Wow, Aussie 60 pips away from parity. Gonna be a big bullish day again when everyone else joins the game
EURUSD
- Esssex replied Jun 6, 2012
EAs can't be trusted. You don't see the big boys using that crap because markets condition are constantly changing. If they use programs, it is only algo and one heavily backtested at that to account for many scenarios but even then it is still ...
EURUSD
- Esssex replied Jun 6, 2012
I love how people come on here to brag and then turns out to be using EAs that were made by others.
EURUSD
- Esssex replied Jun 6, 2012
Im going to play this a bit more aggressively with a tight SL. Shall wait if it hits my entry price but that is cause I have a higher risk appetite.
EURUSD
- Esssex replied Jun 6, 2012
H4 interestingly shows that we are still trading in a huge 100pip range. I think it would be a good strategy to sell at resistance of range and long at support of range for today. As the range is pretty strong.
EURUSD
- Esssex replied Jun 6, 2012
Should have just let it run and move your SL to book in profits at support levels
EURUSD