Thanks… I understand that when people close a buy position, there must be a sell, thereby lowering the price. Vice versa for closing a sell position. Your explanation is clear. I guess people were just taking their profits. I do think that there ...

Greece Over the Brink

My question is why the hell is the Euro up? Who is long Eur/Usd and Eur/Gbp when all of this turmoil is taking place? I just don't understand it fundamentally or technically.

Greece Over the Brink

I just can't understand. The fundamentals show that the US economy is slowing on the upswing. Europe is struggling, and in the middle of economic turmoil. Who the hell is buying EUR/USD? It doesn't make sense. I don't care what the chart looks like. ...

Euro higher again as EU's Moscovici says a deal with Greece is still possible

What the Fed said today, does not negate the fact that the European, British, Japanese, and New Zealand economies are struggling more than the US. I say this rally is a great place to start long on the dollar again.

4 reasons why the dollar is down on the Fed

Thank you for explaining this. I've been riding both the Euro and Cable trends, and doing quite well. This negative interest rate sounds like a recipe for another bubble and bubble burst. Forcing the banks to loan money could lead to people getting ...

ECB Monetary policy decisions

Could somebody (knowledgeable) please explain how a negative interest rate works? Does this mean that people put their money in the bank, and the bank charges them for it?

ECB Monetary policy decisions

This is the dumbest article that has been posted in a long time on FF. 1. The Japanese Yen is worthless and getting deeper every day. Look at the USD/JPY daily and weekly charts. How the heck could anyone think the Yen is going to give the the USD ...

Death of the Dollar

Yep, these are notes from the 8th. Soros knew already.....AUD is going to break the support at .9715. Once it does, watch for the bottom

RBA Monetary Policy Meeting Minutes

SELL, SELL, SELL....

RBA Monetary Policy Meeting Minutes

I don't understand how anyone could be long on the AUD/USD. With such a strong downtrend, why would anyone be buying long at all? Is it the "guerrilla" traders trying to capture those small swings?

Australian budget deficit to be AUD 18bln in 2013-14

There are a lot of forex brokers "operating from" Cyprus. Evidently the regulations and taxes are more conducive. See: url It kind of bothers me that this small country would be asking for a bailout. What do you all think? -Good Trading!

Cyprus has long-term rating cut by Fitch

I believe that it could be "...As Simple As MACD". I prefer my own drawn S/R lines to Fibs.

Can Trading Be As Easy As ABCD?