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- Esssex replied Jun 1, 2012
@mohan Ohh I didn't know that. BOJ is definitely doing something. Clicking their mouse perhaps.. One of the reason I don't play risk currency pairs during news period that involve the particular safe haven currency. Play haven/haven. Logically ...
EURUSD
- Esssex replied Jun 1, 2012
It's actually an ECN broker. The trades just didn't get executed. Argh.
EURUSD
- Esssex replied Jun 1, 2012
Hope you guys had a good news trading run. My broker failed to execute my USD/JPY, XAU/USD and USD/CHF trades. Steaming so bad right now.
EURUSD
- Esssex replied Jun 1, 2012
If you play them by correlation, yes. However, at volatile times like this I rather play Safe haven against safe haven.
EURUSD
- Esssex replied Jun 1, 2012
It's the weekend, anything can happen, another 100pip move down or 40 pip move up. Retailers would be best served to not open any overnight positions especially during times like these if your broker is a lazy broker that stops feeding you data ...
EURUSD
- Esssex replied Jun 1, 2012
NFP, good or bad = EUR/USD down. The only difference is whether you get better entry price or you don't. I'd rather play the USD/CHF for this one as kayla said.
EURUSD
- Esssex replied Jun 1, 2012
Yup scalp only today til NFP. Heh. I won't actually scalp longs here because based on fundamentals and correlation there are still downside risks. The chance that I may get slapped with a breakout on the downside is still apparent. So to play it ...
EURUSD
- Esssex replied Jun 1, 2012
Still gonna stick to scalping shorts til NFP. The risk for a longer TF position is not worth it today. Hope everyone is doing good so far. Scalped 60pips thus far.
EURUSD
- Esssex replied Jun 1, 2012
Markets are ranging between 65-25. Just keep short scalping til NFP. Long scalps are pretty dangerous at this point of time as a break down is still on the cards. Pips for all!
EURUSD
- Esssex replied May 31, 2012
I don't keep track of the U/CHF despite the negative correlation to the EUR/USD. What are the levels we looking at? Or rather how significant?
EURUSD
- Esssex replied May 31, 2012
Waiting for some good entry points. If fundamental correlations yesterday were an any lesson, it is every crap is in a mess.
EURUSD
- Esssex replied May 31, 2012
Which is why I am out. Everything doesn't add up for me. My plan will kill me for jumping onto this train.
EURUSD
- Esssex replied May 31, 2012
That is how the Fed keep the markets up. Drop some hints of a QE3 that won't come true.
EURUSD
- Esssex replied May 31, 2012
I am only trading after 9. The news will send the markets bonkers if it all doesn't point 1 direction.
EURUSD