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- Esssex replied May 24, 2012
Giving Draghi and US PMI the last chance to move the markets today. If they don't work, I'm gonna hit the clubs. Getting wasted and hooking up with drunk, puking, tobacco smelling chicks seems to provide more action than whatever the market is doing ...
EURUSD
- Esssex replied May 24, 2012
Don't worry it was still the correct play, that is all that matters. Jump ship out of any EUR/USD bull. If the news later sets up for a bull, buy the AUD/CAD/GBP whichever risk currency you normally analyze. If news sets up for a bear, please by all ...
EURUSD
- Esssex replied May 24, 2012
Could it be the BIS? As far as I know they are the ones doing trading(*cough intervention cough*) for currencies and commodities on behalf of European Central Banks Pretty sure they are doing something. Maybe Merkel ordered a hit on anyone driving ...
EURUSD
- Esssex replied May 24, 2012
Word of advice? Don't bother longing this crap. We had a few days of bull setup which all failed when other risk currencies rallied. Markets are determined to short or avoid this pair.
EURUSD
- Esssex replied May 24, 2012
Eyes back on EUR/USD, still ranging, unable to breakout while all other risk currencies are making a run for it to the upside. Bottom line? I need to stop trading today, very mad pissed.
EURUSD
- Esssex replied May 24, 2012
Indeed. Don't buy any bull setup or bull correlation because it can't gather any momentum at all. Just sell any bear setup and bear correlation(You won't go wrong with this). Let Soros's theory of reflexivity work it's magic because it sure as hell ...
EURUSD
- Esssex replied May 24, 2012
I attribute it to a couple of big boys cutting exposure to Europe. Look at AUD and Gold, while we were struggling for that upside bull they climbed 50 pips or so. There's just not enough players in the EUR/USD anymore.
EURUSD
- Esssex replied May 24, 2012
Meh, I'm jumping off the EUR/USD and hopping on the AUD/USD and GBP/USD. Recently, the EUR/USD is really stubborn in rallying despite everything.
EURUSD
- Esssex replied May 24, 2012
Closed my long from 28. TP82 done. Long at 60 shifted to BE+1. TP97 still open.
EURUSD
- Esssex replied May 24, 2012
Congratulations bro! Looks like you're gonna have to trade more now!EURUSD
- Esssex replied May 24, 2012
Only thing restricting this pair from going to challenge 97 are the bunds and T-bills.
EURUSD
- Esssex replied May 24, 2012
If there is any advice I can give you, it is to go and start by reading as much finance and economic articles. Build understanding of market behavior and build your strategy around that. I say stick to using a live account to learn. When money is on ...
EURUSD
- Esssex replied May 24, 2012
That's why I like trading. It is an in your face dog-eat-dog world, hell, it doesn't pretend that it isn't.EURUSD
- Esssex replied May 24, 2012
I am long since 60 and 28. As I said levels to watch were 82-02-15 But I have revised it to include 60-82-97. With the major battle at 97, seeing as how many short orders were there when we last challenged it.
EURUSD
- Esssex replied May 24, 2012
It's the work of the big boys. You'll get used to it eventually. They will squeeze you during news releases, just got to let the news set in before it resumes it trajectory.
EURUSD