was agreeing with that! lol... FX is dirty, crazy and often unhinges from any fundamental or technical model we can develop (which is where behavioral/mental and portfolio flow models for some of us come into play). Which is why - as you point out - ...

EURUSD

so much this...

EURUSD

I was originally going to restrict access to this just keep tabs on the conversation and the flow of information - keep the thread focused. But I realize that also stifles good input/questions from people who are watching. I want the scan to be as ...

Currency Scan

Looks like pretty good timing to me... can't be much more to be gained in what's left of this session and whatever you left on the table, if anything, probably isn't worth the downside risk.

EURUSD

You're welcome, I'm glad you're finding it useful and you def have the right approach to learning. Keep it up!

EURUSD

EUR/USD so close to hitting that upper channel... And we're seeing another cyclical top emerge (light blue line on the top of the chart), which technically is bearish for the pair. I'd rather not short this into such strong bullish momentum, but I ...

Currency Scan

Food for thought... Harvey, John T. Currencies, Capital Flows and Crises: A Post Keynesian Analysis of Exchange Rate Determination. 2007/2008 Currently looking for a little panic...

Currency Scan

Appreciate that... Yeah I saw those spreads and my guts knotted up just a little bit.

Currency Scan

If anyone has any experience using Oanda and the FF Trade Explorer hit me with a PM or shout. Let me know if you had any problems, how well it tracked etc. I think that may be my only option at this point. Thanks!

Currency Scan

I'm going to throw my wiggly stuff in there too... Failed at that upper channel, would be a lot more interesting if there was a bearish cyclical signal in there.

AUD/USD

Pretty good bullish momentum has probably played out as we head into some decent resistance just above (and the thinner afternoon US session). Thinking Gator's shorts look good... and not those Brad Pitt Bermuda things he rocks on the patio.

EURUSD

EUR/CHF Update: The pair is signaling short on the daily studies and very close to doing the same on the weekly. Once it hits those levels, I'm going to take a more serious look at it, see where the fundamentals are and if there is a case to get ...

Currency Scan

Gatorinla nailed it. This right here is really the only thing anyone needs to know. It's "complicated" - incredibly so, always will be and about the time you think you have it figured out there will be some fundamental regime change and you're back ...

EURUSD

You're right about the fact it could happen. It probably will. I had a long discussion with a CFA on LinkedIn about his parity call. He's been calling for it to happen "by the end of the year" since 2013. As you point out time will tell, but that's ...

EURUSD

Just logged into my FXCM account... all of my trade history is gone. I guess we have to download their other trading app and get it through there. Not cool. I think I'll find another broker just for this, throw a grand in it and just trade ...

Currency Scan

A lot of times there is so much expectation built in before numbers even hit that when they do it becomes a non event. The markets have largely already factored in good job growth, solid GDP and four interest rate increases, so when they occur the ...

EURUSD

Here's a snapshot of what's happening right now in the broader market. Once we get Durable Goods out of the way I'll be looking at things a little harder.

Currency Scan

Watchlist Update: Momentum has all but died off. Getting a longer term sell in the daily studies of the EUR/CHF. Almost triggering in the weekly as well. If it does I might take a little exposure on this and see if I can get a short term ride back ...

Currency Scan

After an hour of messing around with the Trade Explorer, to no avail, I finally contacted Gain and was told they don't support Investor Passwords. Kind of a bummer. I've got an old FXCM account I could throw a few bucks in but the last time I ran ...

Currency Scan

Getting ready for the Australian Lunch-break... Momentum Update: AUD/USD, EUR/AUD, GBP/CHF, NZD/CHF, NZD/JPY, NZD/USD all showing pretty good momentum out of pretty neutral territory, so they have some room to run. It would be more meaningful if we ...

Currency Scan