Tell you what, the short on EURJPY has been great over the past two weeks A ray of light in my otherwise CRAP positions. Thanks to ??? for the tip on The BigMacIndex thread which pointed out the overvaluing of the Euro, and if you look at where things are right now it's only going to continue falling.
Always the possibility of a retracement to test Kumo base in the short term perhaps. (grey box zone). If it does I'll be day trading it..............whichever way the wind blows.....
the action is not showing on my demo platform which I use to draw on, but on my trading platform have gone short after a 50% ret that also had A=C...
just more voopoo
markets very thin...waitingonthelocalstockmarketsforrealdirection..
sorryaboutthepunctuationbuteverytimeIhitthespacebartheattachmentscreen
popup...popsup???
comments from German Finance Minister Steinbrueck on the weekend are weighing on the EUR/JPY. Steinbrueck said that the danger of financial collapse was far from over adding: "We are still in a dangerous situation. I am not going to mislead anyone and say: we have got everything under control."
Most of the currencies seemed to have taken a dip for a minute or so, GO dropped off line, I re-connected and it dropped off again, connected again and it was all over.
Connection is ok now, need to be placing stops straight away when you enter (i do anyway) if this is gonna happen when the pressure is on.
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