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- Esssex replied May 9, 2012
And it also depends on how people interpret news. Finance and economics is very much based on opinions. Like I feel that Greece leaving the EU is good for the EUR while other people think otherwise. So I'll long the Euro and hope majority of the ...
EURUSD
- Esssex replied May 9, 2012
Looks like risk on now. DAX is up, yields on Treasury are going up. Money is moving into risk assets now.
EURUSD
- Esssex replied May 9, 2012
Every time I see people here taking same positions as me, I fear for my money.
EURUSD
- Esssex replied May 8, 2012
Confusing markets, the bulls still putting up a fight. Though from the sales of the 3 year treasury bonds and yields of treasury, we can still clearly see investors flocking to safe haven assets. Not yet reflected on the market

EURUSD
- Esssex replied May 8, 2012
Thanks. I don't see how the EUR can bridge the gap til we get Greece sorted out. Whether they decide to leave or accept the austerity, it doesn't matter, they just need to make a decision before the bulls can run wild.
EURUSD
- Esssex replied May 8, 2012
Added some shorts on the spike. Here's hoping my patience pays off.
EURUSD
- Esssex replied May 7, 2012
Indeed. Gold advice. I'm always lacking patience and conviction which causes me to close my positions early when it goes against me. Of course, being punished by impatience in the process. That's why they always say the state of mind is the most ...
EURUSD
- Esssex replied May 7, 2012
Meh, I have a TP of 1.3030. If it does go on to attempt to cover the gap maybe I'll add another position.
EURUSD
- Esssex replied May 3, 2012
Kudos to Graeme and his strategy. I whole heartedly agree with that a long term mindset should be adopted. The fundamental reasoning of this strategy appeals and relates to my train of thought. However I have huge trouble with chart reading, the ...
Building an equity millipede
- Esssex replied May 3, 2012
Mind elaborating a bit? Im still new to the charts, having trouble speaking to it.
EURUSD
- Esssex replied May 3, 2012
I wish my trading was as good as his speaking skills. Maybe that way I won't have got burnt by his speech.
EURUSD
- Esssex replied May 3, 2012
EUR spiking up? Is Draghi saying some crap he shouldn't be saying again?
EURUSD
- Esssex replied May 3, 2012
The fundamental underlying reason of increasing inflation is to spur spending and increase GDP. The thing is if you know the longer you hold your money, the less purchasing power you have, the more likely you are to consume/invest. This in turn ...
EURUSD
- Esssex replied May 3, 2012
I would say yes because the underlying motive for both is to ensure adequate financing in the economy. LTRO is targeted at banks to ensure banks get their refinancing and rate cuts are targeted mainly to boost inflation by increasing money supply.
EURUSD
- Esssex replied May 3, 2012
This is why I hate trading Asian session even though I am Asian. Those people don't have the bullocks to take control and give the market some direction.
EURUSD
- Esssex replied May 3, 2012
Had a long position since yesterday 1.3150 still waiting for my TP of 1.3180 or if best case break the 1.3200. Seems to have lost a lot of steam though. Outlook is bleak.
EURUSD