May 4, 2012

EURUSD - 2012-05-04

Hark! What have we here? Another doji candle! Goddamn. EURUSD moves one day and causes excitement. Perhaps it will keep going? Perhaps it will DO GODDAMN SOMETHING. But no. Another indecisive day.

(Daily EURUSD chart)

It's amazing how much money some of my robots managed to pull off the big move over one day. If only it could have lasted another day. Oh well. 

Below we might see some explanation as to why it didn't do anything. Price is in the Ichimoku Kinko Hyo cloud, and touched the bottom. Stalled. Stall-age. Going nowhere. 

(Daily EURUSD chart with Ichimoku Kinko Kyo)