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- Esssex replied Jul 10, 2012
Yes they work very well as carry trades. Not to mention the recent AUD strength makes selling the EUR/GBP against the AUD a very attractive trade in this time of crisis. As usual apart from the occasional algo ESM rumor spikes it seems relatively ...
Euro/Dollar
- Esssex replied Jul 10, 2012
I am not on the EUR/USD pair but I am still rooting for a EUR sell off in the spirit of EUR/AUD and EUR/NZD. Those 2 are soon becoming my favorite pairs to play when betting against the EUR. The fears of an algo attack are forcing me to avoid ...Euro/Dollar
- Esssex replied Jul 10, 2012
His cartoons are actually all indicators, he is just trying to lie to you that they aren't or too many people will be profiting. Just try putting them on your charts. It works wonders.
AUD/USD
- Esssex replied Jul 10, 2012
Nope I haven't used the COT. However I am contemplating looking at it to further cement the analysis. I've been trying to use trend lines recently to help with my entry points and analysis. It seem to have gone well on the AUD/USD at the moment. ...
Euro/Dollar
- Esssex replied Jul 10, 2012
Careful Tom on your AUD/USD trade, as I talked about the AUD strength fundamentally. You are relying heavily on dollar strength right now. Also China's inflation came in lower than expected, a lower inflation always means more room for monetary ...
Euro/Dollar
- Esssex replied Jul 10, 2012
Just chiming in because I am one of them who is bullish on Australia as a whole. See Australia and compare them to other countries in the current global climate. Almost every country is slowing but look at which countries are hurting more and offset ...
AUD/USD
- Esssex replied Jul 9, 2012
What? All of a sudden our fellow traders here don't know how to play ranging markets?
EURUSD
- Esssex replied Jul 9, 2012

BULLEAR, the love child between a bull and bear in which both agree not to impede onto either's territory. They shall play within their own limits and never breakout. Lovely range this is, til the scalper comes along 
AUD/USD
- Esssex replied Jul 9, 2012
You folks need to go back to school to take your economics and finance classes. Seriously. How on earth did you guys graduate?
EURUSD
- Esssex replied Jul 9, 2012
That is what Draghi always does, great for a quick scalp and nothing more.
EURUSD
- Esssex replied Jul 9, 2012
Now it is time for, "Draghi helps shortist get better entry points".
EURUSD
- Esssex replied Jul 9, 2012
Nah the news trading algos. Some guys rephrased the ESM news and instant reaction.
EURUSD
- Esssex replied Jul 9, 2012
For AUD, China's CPI has indicated that there is more room for easing for the Chinese government. They are well below their inflation forecast which despite their rate cuts show that their economy is still contracting and their efforts to bolster ...
Euro/Dollar
- Esssex replied Jul 8, 2012
Nice to see we finally have a nice place to hang. Fundamentally, I would see an increase in oil prices in the later part of the year particularly Q4 to next year. The Iranian sanctions means that one of the largest oil exporters will have to cut ...
Euro/Dollar
- Esssex replied Jul 6, 2012
Even fundies tend to avoid trading US numbers on risk currencies mainly because of the role the US plays in the global economy and the role of the USD. So bad numbers from the US, depending on the nature of the numbers, almost all US figures can be ...
EURUSD