I'm curious as to why some of those who were long are looking for the "perfect" or ideal place for their short. Are you all doing some form of EW count or Fib retrace? Why must it go all the way back to 620 for a short? Also... what TF are you all ...

EURUSD

Maybe for retailers.Asia didn't break or even retest 47 so I doubt bigger players we're exiting "wrong" positions. Every report or analysis I've seen from a bank is short the Euro.

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I caught wind of it last few weeks but I don't think it will affect the markets that - even if the scandal was to reveal a systemic worldwide collaboration.

EURUSD

Caught it late, but short from 5325

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Check the prices for relevance.

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Max what's the reason for Yen strength?

EURUSD

PM'd you.

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Nice scalp

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I would suggest looking at 1998.

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Decided to book my shorts from early this week. I had a dinger on gold which was just silly, but I just re-entered this EU retrace as it's good value underneath previous support 3520

EURUSD

Hey mate, no worries dude. I get where you're coming from. I read more on the QE stuff this morning from both the ECB and FED perspectives, so I get the rationale behind the 1.35 - and at least you're one of the handful t that is at least ...

EURUSD

Agree with you there. Will keep my EU shorts and readjusting tps to 1.34 Looking to align USD to something more active like UJ. Seeing divergence on Vix going long the dollar.

EURUSD

Loving the email updates! TY muchly! Noobie questions: is CAD heavily correlated to oil or gold? If Yes, should the weakness against USD reflect in the gold/oil prices? I know that's slightly too oversimplified but I'm just trying to get to basics ...

Cross Market Analysis

Plane crash over Ukraine have any effect? Edit: Dang... Max you're faaaast!

EURUSD

EJ is going down... EU still sheepish.

EURUSD

Totally agree with this. After a period of consolidation above 1.3580, it's gone down and had just 2 pauses. Why would this signal a change in trend if there are more powerful prices to take a position below? 3 days below daily pivot is indicative ...

EURUSD

.... at least TRY and think about what those numbers mean.

Cross Market Analysis

Fair enough, mate. BORN is a good reason no doubt (Big Old Round Number) - but I agree with Max in the sense of market movers really not pegging too much on technicals. If they wanted to dump trillions, they won't give a shit about price being at ...

EURUSD