Only buy a currency when that country's economic indicators are trending higher Only sell a currency when that country's economic indicators are trending lower I haven't found a bigger edge than that, and I've looked in a lot of places

What are your most profitable rules in your trading plan?

IMHO the only way to detect/anticipate these cycles is to address the cause of them - and the causes of market behavior shifts on this timeframe are entirely fundamental. Inflationary and economic cycles, business cycles, investment cycles and ...

Long term market cycle detection/change

video video

What kind of music you hear while you trade?

Everyone who has posted in this thread, has pictures of naked chicks on their walls. You guys aren't fooling anyone.

Something to print and pin to my wall??

Most people here at Forex Factory don't know how to trade, but it's easy for those people to sound like experts when they rearrange and regurgitate generic statements about money management and psychology. If those same people tried to speak with ...

Much of Forex talk is illusional esoteric talk

It may not be a no-brainer but fundamentally that's a solid trade on that time horizon. Regardless of what's been said and done of late, if you weigh up the major economic indicators on both sides ..... economic growth, unemployment, business & ...

No brainer fundamental trades

True - inexperienced traders want to trade when it suits them, not when it suits the market. It's like the common belief that your system should be targeted at yourself - you should build a system that suits your schedule and your personality etc. ...

The Importance of Knowing When Not To Trade

1) Weekly, Daily 2) Long term/Swing trader 3) Not much, maybe 20 minutes per day. Spend more time looking at economic indicators and reading economic reports 4) I use S/L, no TP 5) Both fundamental and technical 6) My own system, which kind of ...

How do you trade?

You and me both mate, I cringe when I think of the ideas and attitudes I had back then .... and how adamant I was that I was 'right' and everyone else was 'wrong' If you bring up some long term charts and zoom out so you are looking at ...

Is The Trend Really Your Friend?

I try to figure out which economic indicators the central banks are watching to determine monetary policy, position myself in that direction beforehand and walk away. I hold positions for days/weeks so can't really avoid being in the market when ...

Do you trade during Fed/ECB/BOJ announcements?

I have long term millipede strategies running in the background all the time - I've done ok with AUD recently, but JPY and EUR shorts have paid better. With AUD, over the last year I have done better selling on spikes v a variety of fundamentally ...

Long term fundamental trading

dammit, I thought this was going to be a journal of drunk trades.....

Trading while drunk

NZ won't be cutting rates, now or in the foreseeable future. It's disinflation is entirely imported - all other indicators show NZ's economy to be incredibly strong, meaning inflation can rise very fast if interest rates are even a little low. RBNZ ...

The Fed and RBNZ interest rate war

The yen has been the world's primary safe haven and lowest yielding currency for a long time, so a huge amount of carry trade is based in JPY. If it loses this status, and all that carry trade starts unwinding, JPY will soar. It may even move ...

Where is the next major move?

Next big move might be from the CFTC, limiting leverage in retail forex to 10:1 There's been talk of this for a while, what happened today could be the trigger for it

Where is the next major move?

There's no difference - you are trading the changes in relative value between the aussie dollar and the pound, it doesn't matter which one gets quoted first. Price action, technicals and fundamentals are all exactly the same, the chart is just ...

What is the difference/correlation between gbp/aud and aud/gbp

None of these factors are yet certain to eventuate - how can you judge to what extent they are already priced in? Why would this weigh on USD more than EUR? yeah, but those "further strong gains" coming first kind of invalidates your argument.... ...

Outlook For 2015: Stronger EUR/USD

You're right, USD influences currency crosses too. EUR often makes a move in one direction simply because USD moves the other - if USD weakens, EUR will strengthen even against other currencies. CHF and GBP are correlated to varying degrees with EUR ...

Currency pairs that do not have USD influence