I am sure that it is not a mere coincidence.
And if so, you just have to look who will benefit
from this accident.
The keys:
1. Lech Kaczinski was the only influensable fugure in Europe
(and probably the whole world) who openly spoke about
crimes of Stalin's and Putin's...
This news is released at 9:42 EST only for subscribers and made public 3 minites later. Take this into consideration when deciding how to trade this news (and whether to trade it at all). I, personally, will skip it.
More than 100 pips since then. :)
You are honest man. :)
But I, personally, would not count this as a failure. For me, the return of the price to
the pre-release one is just a signal to significantly reduce my "take-profit-expectations." :)
And I prefer the "mental stops". So, I did manage to...
Though EUR/USD have not touched 1.4955 today, your outlook for this pair have worked quite nice.
Would you expect it to go even more down together with the stocks, or, may be, it can suddenly shot up to 1.52?
As to my humble opinion, there is at least two possible explanations for this:
1. There was a leak of information before the official press release, and so
insiders took long positions in GBP before the release and started to fix
profits just after it.
2. The market usually does not...
Do you really think that RBA may raise its interest rate the next day after already raising it?
Or that OPEC will confirm replacing USD the next day after dismissing this rumor?
--- You either slept through everything or come from the tachyon world. :)
EUR and JPY both seem to be a little overbought, so the correct signal should have been:
if EHS comes out much better than expected -- buy USD/JPY,
if EHS comes out much worse than expected -- sell EUR/USD.
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