Recent content by YESYES

We've all got to remain flexible with the markets right; but some people are floppy fish who can't make up their minds. That's the problem with day traders, they're constantly changing their minds. Position trading is so much more enjoyable.

Infact....You look at the stochastics, on most figures, on the daily chart it is oversold, which historically has seen at least some kind of correction.

After the EUR/USD gapped down about 100 pips it's really struggled to take back ground; currently in the 1.35's. I think there will be a bounce from here and price will rise to 1.3838 where the previous support was, and from there, price will continue in its downwards trend. The recent...

Yep; I definitely think this Euro looks heavy, especially against a dollar which is gathering a bit of momentum. Dollar seems to be getting stronger across the board; and I think a test of 1.38 area is what traders want; to see how it reacts at that area.

Although if you really want to get in on some Euro action, you could short one of the other pairs, like the EUR/JPY. The SNB have billions in their back pocket; and they're ready to use it!

lol, I think it needs something a little bit stronger than tylenol mate!

Hi! First time poster but long time reader. Go easy on me! I'm a new poster but I'm a very seasoned trader. I'm getting sick and tired of this Eurozone contagion. One minute everything is dire, the next minute everybody seems to completely forget about the mess, yet in reality nothing has...