I think what gets confusing is the nature of 'pairs'. The value is the rate against each other. Not an across the board value. Yes the euro and usd can simultaneously become stronger, or appreciate. Both the euro and the usd can whoop up on the yen ...

New to currency trading???

Hey there. Interesting post to say the least. Don't take any of my points personal as I'm not trying to be personal about it. Pardon my parsing of your text but it will be easier to speak to certain points this way.That is an incredible quote right ...

System design and some tough thoughts on trading FX...

all I can say about this thread is wtf........

Overly Complex Coding and Trading Systems.

I love the look on people's faces when they see my charting. Their eyes roll into the back of their head. I read that thing about the box play and the squeeze play. When I first started trading a guy who was totally into wedges told me about that ...

Majors Thread: EUR, USD, GBP, JPY

I'm not familiar with the LBT method but I'm pretty sure it has nothing to do with a BLT, of course I may be wrong. I was looking at the chart you posted and a trendline break jumped out at me. From what I'm getting with what's on this chart you ...

Majors Thread: EUR, USD, GBP, JPY

It rained for the first time in 143 days last week in Arizona....omg it was orgasmic.... An overcast all day long drizzly NWstin feelin. Southwest usually gets the hit and run storms not the ones that hang around for 24hrs. I really do enjoy OR ...

Majors Thread: EUR, USD, GBP, JPY

Hey neighbor, how's the snow? There are on stoplights, not on streetlights though....like down the residential way...right in front of your house. No...but it's not too far away from that happening. On the surface I'm not too worried, it doesn't ...

Majors Thread: EUR, USD, GBP, JPY

You don't have access on your john?...this is a new millenium, all johns should have HSI! With wireless taking over I'm suprised people can't get online just about anywhere. I live in Tempe, Arizona and they are making the whole town covered with ...

Majors Thread: EUR, USD, GBP, JPY

Hehehehe....Like two years ago I had this roomate that had this little dog named Yeti. Little fuzzy eared mutt but he was sooo cute. Anyhoo, he had these two chew toys that were exactly alike except one was red and one was blue. So I would throw ...

Majors Thread: EUR, USD, GBP, JPY

Yea, Fibonacci was onto something when he was dropping those pebbles into puddles to try and figure out those ratios. You can wax philosophic if you want...but I don't suggest you wax your back or anything else....eeesh.... Yea, this is a pretty ...

Majors Thread: EUR, USD, GBP, JPY

I suspect that most of the people who were short as of NY session today were short already from further up. If you went short when the price was already down by 1.7350 and got out with a profit before the whipsaw on the fake break then you are one ...

Majors Thread: EUR, USD, GBP, JPY

Well isn't that just piptacular!

Majors Thread: EUR, USD, GBP, JPY

nice..... I agree about the setup. I often find myself looking at a chart that has a price approaching a level and see that MAs, TLs and other indicators converging on the very same level within pips of each other. I shake my head and wonder how all ...

Majors Thread: EUR, USD, GBP, JPY

That's quite a risk for such a short target on a scalp. I'm not getting to many levels from TLs or MAs for the cable right now, only historical levels and I don't have as much confidence in those. What a trader could do is wait until they get a ...

Majors Thread: EUR, USD, GBP, JPY

Yea, well, the market has no mind of it's own, so using the mind to try and determine it's course is futile. Yet I still try and am wrong more times than I'm right. That's why I attempt to stay disciplined and let the market make up my mind for me. ...

Majors Thread: EUR, USD, GBP, JPY

It's unfortunate that I'm the only one posting in this thread regularly. I had hoped it could be a place for open comments about the majors not directed specifically for any of the other threads, but it looks like I'm just talking to myself. I'm not ...

Majors Thread: EUR, USD, GBP, JPY

The fiber isn't really producing a definitively convincing candle on the daily for a reversal but at this point I feel it likely will only be a shallow retracement as the weekly chart stoch is pushing against it. It still has the opportunity to make ...

Majors Thread: EUR, USD, GBP, JPY

Fiber is still pressing a TL it had created in the rise over the past month or so. There is a even bigger TL on the weekly going way back with peaks in sept05 and feb06 which is downsloping at 1.2240. A break of the recent highs should bring the ...

Majors Thread: EUR, USD, GBP, JPY

Using a still developing strategy my main indicator for that, the slow stoch, has made it's initial touch on the overbought horizontal. Well, it's actually just within 10 points of the line but after the addition of the past 24 hour's data by NY ...

Majors Thread: EUR, USD, GBP, JPY

help yourself......just don't give any to the dog...he's a recovering alcoholic and he'll beg ya hard... I nailed that one huh...dropped to 1.1939 before it broke above 1.20. I was going to give a specific price of 1.1940 as the bottom but felt ...

Majors Thread: EUR, USD, GBP, JPY