I started trading the Euro Dollar many years ago because I thought (naively) the pair would be less prone to manipulations.
My logic was based in the huge part it represents in the forex world. Apart from the FED I thought it would be impossible
for any other institution to push this pair around. Therefore making it more logical and predictable.
It didn't take long for me to realize I was wrong.
Now I'm glad to say I don't care anymore I just accepted the fact this market (any market) is COMPLETELY manipulated, counter-intuitive and unpredictable.
So instead of trying to domesticate this beast , I'm just in the business of harvesting its power to my advantage.
My logic was based in the huge part it represents in the forex world. Apart from the FED I thought it would be impossible
for any other institution to push this pair around. Therefore making it more logical and predictable.
It didn't take long for me to realize I was wrong.
Now I'm glad to say I don't care anymore I just accepted the fact this market (any market) is COMPLETELY manipulated, counter-intuitive and unpredictable.
So instead of trying to domesticate this beast , I'm just in the business of harvesting its power to my advantage.