Sometimes you can't just study historic charts. You have to look at the overall picture at the time the report is announced. We all know the market overall is $ bull right now. The great NFP numbers was the icing on the cake of data release recently ...

US Trade Balance (Jan 10, 2007)

What is TSD? The alert service mentioned looks like it still works, Will have to wait until tonight to try it out.

EMA Alert Needed

Does anyone knows if this exists or how hard it would be to program?

EMA Alert Needed

I started reading through this thread and don't understand what you are trying to tell him. The last post he is trying to understand what the volume indicator in MT4 is actually reporting not stating that it is in fact a true volume indicator. I ...

Forex Metatrader + Volume Indicator

If I'm reading that chart correctly the ADP report has a 89% correlation to the NFP report?

Adp -40k?

One important fact about this report is that you can't concentrate on the main number which is crude barrels difference. The report also includes gasoline stocks, distillates and % utilization. I have seen before were the main number was godd for ...

Crude Oil Inventories data

That's what I do. I use Oanda and GFT. I usually use Oanda for trades I would like to close the same day and GFT for longer term trades. Also Oanda gives me the flexibility to access it anywhere due to the Web interface and this has allowed me to ...

OANDA Discussion

Can someone define what a scalper is? Some people call scalpers those that go for 5 pips, 10 pips and up to 20 pips. I would consider 20 pips a day more than great and depending on rollover a better method than leacing a trade open for 5 days to get ...

Scalpers Go Here

Does anyone have any information on how to do this?

EMA Alert Needed

I have a chart with several EMA's mapped out. I would like to get an alert when price hits one of the EM's I use. For example if price = 62EMA send alert. I use the EMA's as filter and since it is moving I just can't set an alarm at a certain level ...

EMA Alert Needed

Very good point. I don't think anyone is trying to read the "crystal ball" just to state opinions based on current data. I agree that there are some similarities to 2004 but we have to remember that in FOREX like any other market you have to take ...

What's your opinion on USD? Recession?

Let's look at the recent events: -All inflation indicators are low so the Fed can't use this as a concern to keep increasing rates. - Personal spending has been lower than expected even with the lower gasd prices. This was another part of what the ...

What's your opinion on USD? Recession?

I wouldn't look for a big move after the annoucement unless it is a surprise like has been stated. Even if it is only 6.25% the AUD will likely go higher over the next week in general. I like some of the crosses since this will make the AUD a bigger ...

AUD: Interest rate decision

I know many types of TA are saying the pair will go higher but remember this pair has had a lot of attention ov er the last three months and the concern on how high it's gotten. Previously every time it gets over 150 some JPY official comes out with ...

Daily EUR/JPY analysis

New perspective: "<table style="text-align: left;" border="0" cellpadding="0" cellspacing="0" width="600"><tbody> <tr> <td>Conventional wisdom states that Democrats may win both the House and the Senate in which case the dollar is likely to weaken ...

Election effects?

You're right there is no way to know but since this is the type of event that you can look at historical results we can have somewhat of a clear picture of what will happen. From the research I've been doing the best scenario for the dollar in order ...

Election effects?

Read the story on the link at the bottom, it is by Kathy Lien with evidence to back up what she states. Essentially The most important part is having one party win both the house and senate since it brings harmony which in turns makes it easier to ...

Election effects?