What's with the EUR/USD this week?
Nothing really. Truth is the currency is still staying within it's anemic range although this is the largest move by the currency pair in more than six months.
You really don't know why?
Sure you do, especially if you have been listening to me around the signal and how it works. Especially the range that these jokers have at their disposal. Remember it is 5-600 pips so although we have travelled a lofty 200 pips in four days it is essentially well.....nothing.
It tells you how lethargic the market has been for a very long time. It is more a short gift than anything else.
The ECB is looking at a serious deflationary problem in the zone. It has openly hinted at QE and as early as yesterday confirmed that this would be the action it will be taking in a couple of months.
A strong EURO will continue to destroy any hint of recovery that the Eurozone will see. The EURO's strength along with the Dollar weakness is simply stop hunting. These guys know that most decent traders are simply waiting for the move to occur. Like me they are biding their time while the brokers try everything they can to rig the market.
The truth is they can no more rig it than the efforts that they have been doing all along for the past three years.
All they can do is make you wait. Fine I'll wait.
Trade well:)
You really don't know why?
Sure you do, especially if you have been listening to me around the signal and how it works. Especially the range that these jokers have at their disposal. Remember it is 5-600 pips so although we have travelled a lofty 200 pips in four days it is essentially well.....nothing.
It tells you how lethargic the market has been for a very long time. It is more a short gift than anything else.
The ECB is looking at a serious deflationary problem in the zone. It has openly hinted at QE and as early as yesterday confirmed that this would be the action it will be taking in a couple of months.
A strong EURO will continue to destroy any hint of recovery that the Eurozone will see. The EURO's strength along with the Dollar weakness is simply stop hunting. These guys know that most decent traders are simply waiting for the move to occur. Like me they are biding their time while the brokers try everything they can to rig the market.
The truth is they can no more rig it than the efforts that they have been doing all along for the past three years.
All they can do is make you wait. Fine I'll wait.
Trade well:)
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