I spoke about this in the EUR/USD thread yesterday I believe when the subject was talking about FXTyrant and criticisms against traders and the topic became what traders are great to what traders are just placing bets hoping for the best. Also I ...

Reflexivity in the USD

Tuesday's close on DXY has been broken which is a great turnaround from last nights European session to today. If it can close on an hourly above Tuesday's close that would be great. Eur futures now touched 1.0901 fairly quickly after breaking ...

Reflexivity in the USD

That is great to hear. I am excited to follow you as well to see possible entry spots you would consider. Also if you have all his books great, if not I have all his books in PDF form if you or anyone wants them.

Reflexivity in the USD

OMG! I think next week I am going to start intra day trading EUR futures again while waiting for dollar to break higher. As a position trader I did not make one trade this week on dollar as I only like to focus on one instrument and understand it ...

Reflexivity in the USD

Great call on bonds and the dollar chart. This is exactly my thesis on a fundamental aspect when the dollar went crazy under Reagan. We had a loose fiscal policy(similar to today) and a tightening monetary policy (fed starting to turn this into ...

Reflexivity in the USD

Nice trade max.

EURUSD

Triger I would love to hear your analysis. You were much earlier than I in spotting this trend so I am all ears.

Reflexivity in the USD

Dollar briefly traded back into yesterday's US session Hi-Low zone only to bounce off perfectly with yesterdays Close and is firm. If we continue to see a basing here in dollar and tomorrow brings about a strong GDP next week looks nice for a ...

EURUSD

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Reflexivity in the USD

Eur futures filled that gap from Tuesday's US session close. Depending on the day we could see it settle around this area or if it continues to slide we will definitly be testing 1.09. This bodes well for the dollar but I need the following to ...

Reflexivity in the USD

I also remember FXTyrant a few years ago. we used to josh DaddyBear together constantly for his weird quips and drawings that made no sense. lol

EURUSD

I can't speak for FX but when I was on a desk we usually had a 1-3 month trade horizon. If you had losing positions or worse yet a position that did nothing you usually cut it fast to redeploy. The reason being is you're graded and bonuses are ...

EURUSD

I agree with SISSE's point regarding a risk event where dollar could benefit in the short term. As for PA today Eur overnight broke above the Wed US session high only to come back down into the zone and then fall below. The dollar broke below in ...

EURUSD

GnarlyPips-Good points we see that in Copper and some softs as well. Oil really is not correlated at the moment with dollar and is the hedge fund ploy of the month trying to build positions. I can see the dollar coming down a bit and yesterday's ...

Reflexivity in the USD

I agree 100% boredom and the fact most of my friends at least don't even know what a share of stock means. I need to be around other traders regardless of skill level in order to stay sharp. Otherwise I would be playing poker after my entries ...

EURUSD

Good point. I was assuming most traders here are looking for daily moves to get in and out. I forget there are others who ride moves that account for over 500+ ticks.

EURUSD

People can trade how they wan't and eventually they find the right style, but you will never be nearly as profitable if you continue to trade crappy time zones where there is little volatility or you try to go long/short in the middle of a ...

EURUSD

I agree to an extent with Zappa on some of the trades and calls people make. But apart from trying to pick direction I am more amazed at traders who commit the following mistakes time and time again, such as: * Trading at illiquid times where the ...

EURUSD

Im afraid to say I exited in several spots near the mid 80's haha. I was to proud to get back in and missed the remaining boat. But still did beyond what I could of imagined. lol

EURUSD

I would relax and look to the Dollar for direction in EUR/USD specifically certain levels. Otherwise these small headfakes that have happened the last two days will just make you churn your account looking for a directional move. So far the dollar ...

EURUSD