Thread: whats going on with the market?

Originally Posted by ;

Well after so long trend in Usd that's the main currency at FX (I think). . When comes change than transfer it whole market,plus is coming the entire year and also that might be somewhat tricky to. .

yep, you nailed it . seasonality trends.

I could not keep up with that...

Almost no pair was spared. .

I hope to never see something Similar to that across an entire market again

Originally Posted by ;

I expect never to see something similar to that across an entire market again

Yep. . But u have to count whit it its only happening. .

Originally Posted by ;

doesnt go 1 way forever! Perhaps you have It's been sky-rocketing!! So this little pullback December liquidity drain we becoming looks massive.

You Are Most Likely right, it's going allmost vertical, and I guess that could not be sustainable for extended

Someone whispered in my ear, they're buying the Euro, sure, the intire market is influenced, Euro is the motorist atm, but for how long?

That was sufficient volatility across the market to last me the rest of the month

Today made me believe atleast a double screen setup for trading as opposed to 1 laptop

But really almost all pairs went to tops and bottoms, so everything is fine, just... u always need to be ready for this. For example eur/usd 1,2440 was known like resistance price, and bear channel high, so everybody could short on eur/usd at the level. I actualy shorted at 1.2425 (88.6 fib), I did not expected to really go that much, but I did not loose anything, get several pips profit but it's not a reduction at least market wasn't our friend today.