Looking at it from a technical angle it seems to me that 9000 is going to be important - either a bounce or a big move lower. Today's it's already bounced off 9000 but is still hanging around there. I think the US PPI & Retail Sales might cause a ...

$ For the Week of 11/13-With Trade Ideas

The old saying, buy the rumor sell the news, comes to mind.

$ For the Week of 11/13-With Trade Ideas

I really enjoyed reading this post; thought provoking stuff. My guess is that the yuan situation will only become a real "market issue" when it becomes convenient to do so. To answer your question. Do you think the market could look at the Schumer ...

$ For the Week of 11/13-With Trade Ideas

I shorted the euro at 2890 on nothing but pure gut feeling, but maybe all the dollar bearish articles and opinions I've seen this week has something to do with it; that and the fact that cable got above 9150 closed the week below that.

$ For the Week of 11/13-With Trade Ideas

It seems to me you're trying to optimise randomness.

Absolute Simplest KISS Method. Also, how do we measure risk reward?

There is absolutely no difference. I use candlesticks because they are nicer to look at and the colours make for easier interpretation of where the open is in relation to the close. Factually there is no difference.

Bars or Candlesticks?

Does anyone know why BB stopped their RSS feed?

Bloomberg Currency RSS No more ??

I'm not really sure what kind of statement the FOMC will make but I'm looking for dollar strength since most of the market seems positioned short dollars at the moment.

Home Sales and FOMC Interest Rate statement

Last year the carry trade also proved to be very strong in this period, Sep-Dec, with the turn-around at the beggining of December. If I remeber right the reason for carry trade liquidation was the year end and people wanted to balance the books. ...

abob's fundies journal

Since when does the BoJ want the Yen stronger? All I've ever seen them do is sell.

abob's fundies journal

What I meant was that the release may have moved the market around it didn't really breakout of the previous 2 days' range. I don't know what you mean by me being married to my opinion. I'm actually long dollars if you think I'm talking up my ...

$ For The Week Of 10/16-With Some Trade Tips

I'm really enjoying this thread - it's sad when an interesting/serious thread becomes the exception on the net. I've been thinking about how to view both the NFP and RS numbers with regards to the dollar strength we saw afterwards. Personally I ...

$ For The Week Of 10/16-With Some Trade Tips

Your account might have expired - try opening another one. Go to File an click Open an account.

demo server problems

The straight answer is the best traders in the world can get way,way above your 300% target in a good year. The only problem is you aren't one of the best traders in the world. So what's average and realistic you ask - I'd say breaking even. Your ...

Profit 1% a day 300 % a year

I remember back in April when he verbally bludgeoned the euro saying it was too high, that was around 2300, and the eurusd dropped by over 100 pips. Wonder what will happen today - his speech co-incides with Personal spending and Core PCE, the Fed's ...

Suprises not Trichet's style

It is very possible to get. But while looking to tripple your account it's even easier to wipe it all out. That being said, you can shoot for much higher returns if you're willing to increase your risk. I don't know what your risk tolerance is but ...

Profit 1% a day 300 % a year

I was thinking the same thing, bucket... I mean brokers, must be happy. What's really funny is that the poor consumer sentiment comes out and dollar rallies. Hawkish FOMC minutes and the dollar loses ground. Talk about selling the news!

FOMC Meeting Minutes

In line with me closing my short usd/cad I've also gone short cad/jpy at 105.13 (1:4).

Do The Trading Room

The audusd buy stop got filled at 7645. and I'm holding at 1:6 leverage. I've put in stops on the eur/usd at 2780/2770

Do The Trading Room

I've decided usdcad is way overextended and have taken my profits at 1064.

Do The Trading Room