I think if he values his seat it better have humbled him.

EurAnalysis

Boehner showed his cards tonight & exposed weakness by pulling Plan B, now if he expects to keep his seat & job for that matter he will give in sooner than later. Basically just a bunch of political bs it all means nothing until we go over the ...

GBP/JPY

Agreed & if Boehner wants to keep his seat he'll give in sooner than later. He already tried flexing his muscles today & showed his cards which didn't prove to be fruitful at all. This sell off is a knee jerk reaction to him pulling his Plan B which ...

EURUSD

Last nights move was the same & was fully retraced during the US session. Republicans are going to give in on fiscal cliff.

EURUSD

There is definitely a lack of any real sellers in this market all the down moves are fast but have zero juice behind them & are followed buy a quick retrace.

EURUSD

Could be much higher depending on Plan B, which is scheduled for 7:30pm est

GBP/JPY

It definitely can there are no guarantees in trading.

USD/JPY Discussion

Whatever suits your personality best. I get my ideas from the weekly & monthly charts then I use the dailies to identify supply & demand levels for my entries. I don't day trade & I do add in & book profit along the way not in fixed intervals I do ...

USD/JPY Discussion

Must be. I think people make this biz way to complicated. I think if people just step back and look around & pay attention to what's going on in the world around them this biz will make a lot more sense to them. One thing I can tell you for sure is ...

EURUSD

Agreed. These are basic principles people take more risk & spend money when news is good & they hold back & tighten there belts when it's not. Why would someone leave there money in cash when data is good & they can invest it to generate solid ...

EURUSD

Many people assume strong economic data equals a stronger currency. When it comes to safe havens this couldn't be further from reality. Just look at at US or JPY equities relative to the moves of there respective currencies. Then start looking at ...

EURUSD

Very well put. It shouldn't be a surprise to anyone that euro is as high as it is considering the levels US equities are at. Also keep in mind that even though US data is good the fact is we're still printing at a scary rate which is keeping the USD ...

EURUSD

May I ask what the big deal is with the vouches? It doesn't appear that the person with most vouches equates to being the best trader or vice versa. I've seen some posts with people begging for vouches from others but I really don't understand why. ...

EURUSD

You might be leaving a lot of money on the table that way remember nothing moves straight up or down. I think if you scaled in & out based on strength & weakness you would do much better. But then again if your just looking to beat the interest ...

USD/JPY Discussion

price has memory

GBP/JPY

Same here im down to roughly 25% of my orginal positions on all yen crosses & adjusting stops accordingly based on the daily closes. I was going to start piling in again lastnight on the weakness it was clearly profit taking & a stop hunt in a low ...

Daily GBP/JPY analysis

There was definitely a ton of profit taking, stop hunting & squaring of positions going on in the US session & Asian session. The move up mass been massive & was getting crowded. The big boys love to shake out weak hands before they continue the ...

USD/JPY Discussion

Thank you for engaging sir it is very much appreciated. It appears as the add ins would have been the right move but my plan was to take 2 weeks off for the holidays & I've had a great year so there's no reason to risk putting myself in bad spirits ...

GBP/JPY

Not so sure about this. There's an old saying amongst traders "never short a dull market"

Trading EURUSD only

I cut a decent amount of my remaining longs in these yen crosses around 8pm est & I'm not sure it was the right move. I'm temped to add into these trades but I don't want to be glued to the screens till year end. I still have a good amount of ...

GBP/JPY