That pair is so linked with each other it becomes extremely difficult to trade. Best look at AUD or NZD with another economic currency. Gold or JPY or something. You want RED/BLUE not RED/RED.

Fundamental/News Thread

I've always though technicals ARE fundamentals and vice versa. Any significant market action can be seen through both lens. They both represent/reflect market psychology. A big play I'm thinking about are the rate increases that are expected. The ...

Fundamental/News Thread

Something like that. I expect it to just be ordinary market behaviour. People forget that the majority of activity is just standard global trade humming along. It's not JUST traders who speculate. 'Markets tends towards extremes' is an old idiom. ...

USD/JPY Discussion

On a fundamental note, the ECB could desire a lower currency rate. But I don't know for sure. They're infamous for interacting in the market anonymously.

EURUSD

Could anyone tell me if anything significant is planned in the heavens for the July/August era?

Planetary Cycles Trading (EUR/USD)

Definitely a sell. However much activity to go, I only do long-term trends. This is a phase of equalisation, we've just had a large move downwards, now it's a classic 'correction.' Fair value for this pair is around 110. So a range is extremely ...

USD/JPY Discussion

video Ed Seykota's song.

What kind of music you hear while you trade?

We must remember that interest aren't only expected to increase in the USA, there's expected to increase and/or remain stable in hosts of other countries. The inflow of capital seeking a beneficial interest would be dampened by this fact. "We can ...

EURUSD

I don't know the fee. Depends on the lot size. But 1.75% | -.1% would eat up a few dollars. With the risk on interest rates rising in the US, I don't think the big boys may do this anytime soon.

USD/JPY Discussion

Q: A: Because prices are determined by actions of people. People's psychology, and thus actions, are predictable. Therefore prices, a mere reflection of this activity, would show signs of predictability. If you consider a chart, you'll notice how ...

Why it is possible to predict price movement?

Man the interest expense would be a bit harsh.

USD/JPY Discussion

Anyone skilled at this should look at USD/JPY

Elliot Wave Analysis

Agree with that. But I would wait for another week or two. Classic retracement from a first wave down, let prices recover a bit first. Lot of activity still to take place.

USD/JPY Discussion

Sell at 111.50. Choose the high range.

USD/JPY Discussion

Cool man. Why 24HourATR? This is 4 days, wouldn't a more even measure like 120 day be viable. Why cut off at 4 day? I suppose the difference is minimal.

EURUSD only