Best regards,
Pico.
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DislikedHi Pico. Just out of interest how can we expect more gains and how the hell is the euro holding up considering all the bad news and the stronger dollar past these few days??Ignored
DislikedDear Globetrotter,
They simply created sentiment and will act against it...
Best regards,
Pico.Ignored
DislikedHmmmmm suppose ur right. Everytime there is bad news the market either ranges or rises. Trouble with this game is whatever happens u should do the complete damn opposite. I only went long because i was hoping the range would hold and come bk in2 the 90's. Thankfully target was hit but wont be doing that in a hurry again. Patience is a virtue in this game and i seem very keen to lack it lolIgnored
DislikedBoom target hit. Least i can get some rest now and not get moaned at by the mrs for getting to bed to late. Happy hunting and green pips to allIgnored
DislikedNews are just excuses used by the players to make their intentional moves, the cards are already marked. Just traders need the causes for the moves to try to understand what is happening. You can realize that bad news can also rise EURO as risk aversion attribute, so for every move will always have someone trying to explain it...
Best regards,
Pico.Ignored
DislikedNews are just excuses used by the players to make their intentional moves, the cards are already marked. Just traders need the causes for the moves to try to understand what is happening. You can realize that bad news can also rise EURO as risk aversion attribute, so for every move will always have someone trying to explain it...
Best regards,
Pico.Ignored
DislikedIt's all in the charts, technical wise as well. News tends to spark the ball going. Corrections are healthy and makes perfectly sense. Bulls protecting current lows, bears need more strenght from bigger bears . Look at recent days price action, swallow pullbacks causing too little strenght to the downside, divergence occure, also on bigger timeframes. A sign that something is in the works. Suddenly the ball jumps back up, like when you've pressed it under water :-)Ignored
DislikedDear enterfx,
The moves are made by the banks, if everyone here buy euro, it will not move any pip. This quick moves they do is mainly false moves, they drop the market using what is known as circular trading to hit traders stops and to create bearish feel, this way they accumulate more buy positions from those who short on breakout and then quickly recover to offload higher...
Best regards,
Pico.Ignored
DislikedDear enterfx,
The moves are made by the banks, if everyone here buy euro, it will not move any pip. This quick moves they do is mainly false moves, they drop the market using what is known as circular trading to hit traders stops and to create bearish feel, this way they accumulate more buy positions from those who short on breakout and then quickly recover to offload higher...
Best regards,
Pico.Ignored