i have a question to all fundamental-traders: i read that the sharp drop in the asia-session was a result of japans current situation.
but why? shouldn't the euro-zone and usa be influenced in the same way? i thought only the yen-crosses would be influenced heavily. but why seems the euro to be weaker than the dollar in this situation?
PA, S/R, ZL, EXTREMES & MOMO
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- newscalper
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In this theory i think reconstuction oil demand will be less than running the 3rd biggest economy of the world oil demand (a lot of productions are on hold)
spa wrote:read somewhere a theory that because nuclear plants will be stopped/repaired/ etc Japan will have to import more oil to cover the reconstruction effort
Lose professionally!
went out of this one much too early too...
ajaymein wrote:ajaymein wrote:Woke up...in and out a quick +20
Man...I went to sleep early in the asian session yesterday and missed a hell of a lot of good action!!!
Could have went back to sleep and been done for the day had I stayed in an extra 5 minutes.
Lose professionally!
- newscalper
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Crazy day. 3 times the average range. Take profit, hold for more. Gaaahhh
I know it will come back down. Just this 3 bar thing is throwing me off on exits. If I was trading normally I'd say it's in a supply zone now and think about cutting, I mean 170 pips off a 10 pip stop is not to be sneezed at, don't want to give too much back yeah? What a to do??
I know it will come back down. Just this 3 bar thing is throwing me off on exits. If I was trading normally I'd say it's in a supply zone now and think about cutting, I mean 170 pips off a 10 pip stop is not to be sneezed at, don't want to give too much back yeah? What a to do??
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