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CannonScout replied Mar 29, 2017How so? Due to released data? Idk. And that may not always translate into demand for the currency.
EURUSD
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CannonScout replied Mar 29, 2017Why would anyone be buying Euros? Has anyone considered that Britain's exit may be harmful to the EU? And thus Europe? Trump has already pledged support for Britain with a 'good trade deal.' Thoughts? A
EURUSD
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CannonScout replied Mar 25, 2017Wouldn't, theoretically, divergence and momentum indicators be identifiable in the price? I mean (p.s I'm a moron) as these indicators are BASED on price, why not just skip the indicator altogether? Just a thought.
EURUSD
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CannonScout replied Mar 22, 2017Existing home sales came in 11 Million under expectations. Down 21 Million from previous. Surely this will create some sell-off in the United States Dollar? Speculators expecting a trend or whatever. A
EURUSD
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CannonScout replied Mar 22, 2017Usually because they're hard to predict I think. At least for most people.
EURUSD
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CannonScout replied Mar 22, 2017You reckon existing home sales will have a significant impact? A
EURUSD
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CannonScout replied Mar 21, 2017Has anyone noticed that, at least during March, the only time the Euro rises is in quick sharp spikes? Why is this? Demand for Euro seems to really only surge in quick, focused activity. Has anyone taken this into account? What could this possibly ...
EURUSD
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CannonScout replied Mar 2, 2017What effect do you think a rate hike from the Federal Reserve will have? On a side note, is there any positive news coming from Europe recently? It seems like they are playing tug-of-war with themselves. A
EURUSD
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CannonScout replied Feb 18, 2017Interesting view. Could you explain the logic of it and why this would occur? Just as an aside, would searching for the area of 'greatest pain' be a useful strategy? I would feel like a war profiteer if I went with this approach. A
AUD/USD
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CannonScout replied Feb 18, 2017If someone could clarify...Is the reason people trust 'planetary analysis' because of the expected affect it would have on psychology en masse? Or is it due to perceivable evidence on previous price patterns? Or both? Thank you. A
Planetary Cycles Trading (EUR/USD)
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CannonScout replied Feb 18, 2017Unless it is relatively short-term, or your playing on an impulsive move, I'm unable to understand anyones reason for buying British Pounds. All it takes is one news headline, government announcement or a bad statistic for a wave of selling to hit ...
Cable Update (GBPUSD)
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CannonScout replied Feb 18, 2017In regards to Technical Analysis... I've found the the majority of technical analysis is greedy 'traders' who are merely drawing lines & colours onto charts representing price action. Reminding one of kids using crayons. On the face of it, the logic ...
Technical Analysis Fallacy
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CannonScout replied Jan 12, 2017This could be a Rookie-view. It is in no way thoroughly researched. Yet wouldn't, long term, a Bullish view on USD be favourable over buying Aussie Dollars? Trump has the economy in Turbo and sentiment for the USA is good right now. PLUS due to ...
AUD/USD