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Asian Accumulation Session
em
Novos Negociantes
Jun 09, 2013 at 06:22
Thanks again Chris. Yeah, the inflation target is 2% and it's not there yet I'm sure. Do you trade on the H1 chart?
Asian Accumulation Session
em
Novos Negociantes
Jun 02, 2013 at 06:31
Chris thanks for the run down on the different sessions. I noticed that as London approaches pairs will steadily head in one direction to either be bought up further or smacked down depending on how the FTSE futures and opening will be. I think the strong correlation between equities and forex is less clear now though unless it's the yen pairs. I tried trading these ultra-volatile pairs like EUR/JPY but I still don't get it really. Do you trade these? If you do how do you do it and not get blown out? Thanks for your reply.
NZD/JPY and AUD/CHF
em
Novos Negociantes
Jun 01, 2013 at 12:16
Complicated Raviluke. Japan had better numbers so maybe it was interpreted as Abenomics working well. No one wants a strong yen during Tokyo hours. AUD and NZD are Pacific currencies. Lately they are behaving the same. AUD and NZD. That is why I do not trade news. There is the news and then there is the market reaction to it. 2 totally different things.
Asian Accumulation Session
em
Novos Negociantes
Jun 01, 2013 at 12:15
Would someone please explain to me the reason for the tight price action on the EUR/USD during the Tokyo session? I also noticed that without any news the closer it gets to London the price stops ranging and finally breaks in a decisive direction. Please help me understand. Thanks
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