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    • panamamike replied Jul 8, 2015

      well....looks like I need to start trading Asia session again. Back to sleeping early afternoon and up for Tokyo open starting tomorrow. FYI many pairs have already hit 10 D ATR highs low prior to Europe opening.

      Discovering An Edge
    • panamamike replied Jul 7, 2015

      YEN is a "safe haven" because the Japanese have a high savings rate and high foreign investment rate utilizing low interest rates. At times of uncertainty, YEN are repatriated to the home country, thereby strengthening in value. I.e. yen are ...

      Discovering An Edge
    • panamamike replied Jul 7, 2015

      FWiw....the GBP appears to be taking off some of the earlier than expected rate hike pricing in that has been occurring. The recent downturn in Eco numbers is ousting rate hike expectations back to 2016. Combined with the uncertainties in Europe and ...

      Discovering An Edge
    • panamamike replied Jul 7, 2015

      I agree in commodities......hence my comments on Sunday night. Big slowdown in Chinese demand as supplies are increasing .... Bad for commodities, bad for AUD and CAD. Right now I am not even looking at EUR trades...too volatile and headline driven.

      Discovering An Edge