Honestly I don't buy the Reserve Currency argument for the US Dollar. The Euro or hard assets seem a much likelier choice. Considering Golds downtrend it's fair to say it has nothing to do with 'protection.' There's really nothing to worry about ...

USD/JPY Discussion

Taking a tumble recently. You have no idea how much joy that brings me.

Testing Bitcoin Cryptocurrency on Dynamic Market Profile

The funny thing is, is that Crypto assets could literally crash and become a remnant to history. A short part of market antiquity similar to the Hunt brothers Silver escapade. It is possible that it's just a bubble that goes nowhere and soon becomes ...

Testing Bitcoin Cryptocurrency on Dynamic Market Profile

Hot dog

EURUSD

Ways to go yet. Think of how much global trade has to pass through this currency. Lot of activity to take place in the area and orders for USD are still stagnant and waiting to be processed. JUST SIT ON YOUR HANDS. Agreed with you that it will fall, ...

USD/JPY Discussion

I said in another thread that a fat sell order would do well at 1.2050. Must keep an eye on it though, tricky environment currently.

Elliot Wave Analysis

To be completely honest, I'm rather unsure about most the technical. But you don't need a degree to use a computer, I understand that it's faster, better privacy and has more coins. There's quite a few benefits actually.

Testing Bitcoin Cryptocurrency on Dynamic Market Profile

Haha they're all so correlated it's not even worth looking into each one. Honestly there's a lot of junk coins out there. Litecoin is fuckin' brilliant though. Charlie Lee the founder expects prices to exceed their old highs

Testing Bitcoin Cryptocurrency on Dynamic Market Profile

True. It's attractiveness depends on the investor. Of course USD will rise, but it won't be as much as people expect. That's why I used the term 'dampened.' Yeah GBP is cancer currently. British land is the only thing I can think of that has value ...

Fundamental/News Thread

Good on the banks, I would do the same. The thing is, even if Trump gets the economy roaring to the highest heights, No nation wants a really strong currency. Iim sure there would be manoeuvres to lower to USD or at least keep it stable.

Fundamental/News Thread

A big fat sell order at 1.2050 looks good to me currently.

EURUSD

I wouldn't jump to the Bullish USD conclusion. We must remember that interest rates are expected to increase GLOBALLY, not just in America. This would dampen any positive affect on the USD. Interest seekers could simply say, 'well we might as well ...

Fundamental/News Thread

Nice. Yeah I think USD is like the canary in coal mine. They will tighten first and be the 'experiment' country, if/when it works out, other nations will have more confidence to do the same. But I know central banks are globally coordinated, they ...

Fundamental/News Thread

Wow I agree with that 100%. Never once had faith in Satoshi story. (see PM) Yes I believe in the Bitcoin revolution. Actually I believe it will be an alternative crypto-currency. The initial development of Bitcoin, like all things, had inherent ...

Testing Bitcoin Cryptocurrency on Dynamic Market Profile

Right. By increased value of money relative to non-monetary items do you mean deflation? And yes it will take time. But haste makes waste after all. By the RED/RED RED/Blue analogy I was talking about AUD/NZD. Both these economic zones are related ...

Fundamental/News Thread

I basically see BTC/USD as: "Bitcoin is the future!" / "Bitcoin is going nowhere!" So far the latter appears dominant.

Testing Bitcoin Cryptocurrency on Dynamic Market Profile