You can disagree all you want. That is not how commodity currencies work, AUD/NZD are risk currencies, go down on uncertainty, up on good news, this is nothing new. Wait till around 12 eastern time, deal will be announced and AUD takes out 9550 ...

AUD/USD

US deal on shutdown/debt limit is bullish AUD, NZD against USD and bullish USD against other majors

AUD/USD

Something you might want to look at that will get a lot of the retail crowd off side when I say it is averaging in. A lot of people who trade spreads and pair trade stocks, rather than say enter in their full position a one point, might enter half ...

Pairs Trading: Reversion to the Mean

I had started writing a big post but it is obvious, not that related to pairs trading and a waste of space so deleted it. OP's points are more relevant than your question. Markets do have fat tails but ALSO have a tendency to revert to the mean ...

Pairs Trading: Reversion to the Mean

I reckon maybe one person who has replied so far actually bothered to read the first post

Best Books about traders' experiences

Another thing about this forex scam bs.... if you are a profitable trader what does it matter to you that your broker is netting your orders off against another client? The whole point of the market is you don't have to go find someone to be on the ...

Is forex becoming less popular?

I don't think forex is unfair at all. It is an unregulated market you are not forced to speculate on (except through business or travel, but that's not why people are here), it is pretty much the most free and fair market in the world. But in saying ...

Is forex becoming less popular?

Here some more: "How much can you make in the market in range was 3 pips. 3 pips?" url url

Technical Analysis Fallacy

Just finished reading the first 4,000 posts. Truly amazing thread. I remember I first tried to read this thread a couple of years ago and just didn't get it. Now after a couple of years more trading experience and a couple of tryouts with trading ...

Technical Analysis Fallacy

Can anyone tell me with lmax, if you put a limit between the spread, do you see it on their dom? Also, is it possible to have a limit order filled on the bid without the price going offer (or be filled on the offer without it going bid)?

LMAX = revolution?!?

My guess is it will continue to range like it has for the previous 7 months

AUD/USD

Rumours about a currency raid on the AUD by Soros url

AUD/USD

Everyone's stop is under 220 and everyone can see it, you will be with the herd. Anything can happen with the news anyway, guess we will see, good luck

AUD/USD

I reckon 220 could pop before the news and if it does there could be decent long covering down. I would hold for the pop at 220, if it pops past 210 then it should take out 200, when it takes out 200 could pop again, could really give you a quick ...

AUD/USD

Here is a good example about learning to trade url

One does not simply buy low and sell high

The edge of this system is it exploits the markets tendency of mean revision in a trending market by entering at the 50% level and then exploits the markets tendency to have fat tails in a trending market, breaking the previous high/low and the ...

One does not simply buy low and sell high

If any traders wondering if pepperstone just smoked your stops on AUD/USD just now on the hour just gone, you are correct. I'm not trading with them but using their charts. That 218.5 low it just put in now on their 0.00 bar to take out the previous ...

Pepperstone Forex

That Vodka is Healthy thing is so true. I was reading something on Bayes theroem recently and stumbled across a study which went back over all scientific results published in popular science journals over a very long period of time and retested ...

Extracted Thread (per thread starter's request)

I don't think you are going to find this But given that transactions costs are higher for the short term trader and that short term traders take alot more trades my guess the stats would look somthing like this: Losing short term traders lose more ...

Long & Short Term Trades Statistics