Interesting. I've never tried either of those strategies (not to my liking) - read many FIFO complaints with no explanation - I suddenly understand. My perspective doesn't so much have to do with screwing anyone or not - after all, forex is a game ...

EURUSD

why?

EURUSD

Thank goodness the banks and brokers (in the US anyway) got their crony capitalist buddies at the CFTC to pass the NO HEDGING RULE so that inexperienced traders far under water couldn't neutralize their exposure temporarily! ...you know: when they ...

EURUSD

If you mean UJ, would be consistent with general stop hunting of long dollar positions across board past 8 - 10 hours.

EURUSD

Looks like bear trap is full of bears... stairstepping seems to have ended - now plain old wild stop run channel to the moon? Breakout just now, but price bouncing off familiar old 2285 from June 1st: image

EURUSD

I think you've got it: spikes' at 1700 NY time, which is EXACT time of rollover according to web. I'm sure it can't be traded.

EURUSD

Looks like 2287 will be the bottom of the 5th stair tread of the bear trap - either that or we just broke out into open air (no ceiling).

EURUSD

The actual price levels in EUR/CHF are a little weird and vary from one broker to another because of the constant SNB intervention. But, I looked at it more from a TANSTAFL point of view: FXCM is showing a spike on my feed from Televent for Monday ...

EURUSD

Some fairly clean trendline behavior lately - break of an internal TL is yet another reason to believe that E/U is headed up... maybe to 2400 (almost): image

EURUSD

John Gray, that was posted by Killer a few days ago... so, I assume you have tried this, found it works and are just now thanking Killer. If you have tried it, maybe you can answer a question I've had about that for some time: FXCM is one of the ...

EURUSD

If there weren't many, might go down a ways.

EURUSD

Might depend on the number of bears that showed up for dinner in the last 3 hours.

EURUSD

You mean like a hallucination?

EURUSD

Price just retraced to 3rd tread (@75) to complete 4th tread of stairway... ready to make 5th tread?

EURUSD

Alright You might want to get back in after a little pullback.

EURUSD

I think I see 2350 in the distance.

EURUSD

Bear trap in progress...classic "stair-step" pattern (no escape) all the way from 54

EURUSD

Yes! Well, I delayed because of that Nostradomous thing and got in long at 2281 instead of 2293 where I thought the price would bounce off the lowest TL in the system.

EURUSD

Could you pass that thing around to me so I can take a puff? Maybe I'll decide not to go long as I was planning on doing in about a minute or two.

EURUSD

First, I was curious: what is the significance of 2200 and 2330 for you ...? Anyway, tne thing I've noticed in the last couple weeks is that E/U has been respecting the June 1st low at 1.2285, which could be interpreted as entry/exit activity by ...

EURUSD