on that SAME thought process you can analyze the WORLD RESERVE currency and get an IDEA of where things might go globally in all capital markets.

Different approaches to trading?

how about stop taking Technical Analysis so serious. pattern recognition on past events that are already priced in will not predict future orders placement. My thoughts are that the markets are a weak EMH, and as Soros et al put it reflexivity is a ...

Different approaches to trading?

we have a 92 pip range from low to high the historical IQR is from 77 to 150 and the mean at 121 so it is not like the Euro is looking over extended at the moment.

EURUSD

with apple launching their new Iphone 5, previously Hawkish feds backing Ben Bernanke, I am expecting the US markets to close higher S&P futures are still up, and maybe ATT, Apple and other related companies will probably pose positive stock moves. ...

EURUSD

i heard they there is talk of Spain bailout plan being on the table as well. all these economies saying we will not accept are going to be forced to accept the money and the terms, their economies cannot continue on contraction without major social ...

EURUSD

right now the euro is trading still withing normal volatility 90 pips from high to low... at 1.3065 i will start to look to unwind if the market is so inclined if not then keep moving that T/P never the SL :nerd:

EURUSD

doesnt seem relevant to me, what is sitting at 1.3040? seems like the speed of this move is being fueled by something equities up in Asian, Futures for DAX AND S&P were up, the market is saying im going up....are you still short?

EURUSD

my mind is always on how do I cover my ass than how much will i make today

EURUSD

nice profit for this lion's steak.....(more luck than skill, never could have predicted such profit)

EURUSD

Let's make some money! but never be an idiot and punt naked

EURUSD

Fundamentally with ECB pledging to bail out and the Bundesbank pledging to stay out, US pledging to buy up MBS, and Japan pledging to ease further. looks like liquidity injection into the markets.....I doubt short euro is the best response to all ...

EURUSD

it is actually not a simple proposition... prematurely stop your position and you decrease your win loss ratio and quick fingers give you less profit to loss ratio also when in profit thus violating the rule of make more than you lose. hang on to ...

Stepping out of a position

well if John Bollinger was honest he would not call it bollinger bands, it is nothing but SD(2) of the Mean. and does exactly that give you a visual statistical representation of price now in relation to the mean of N periods.....hardly predictive ...

Bollinger band trading

don't miss understand me, I did not suggest you use them but the concept is basically the same. good luck to you, but mean reversion doesn't always happen take heed to what i said regarding covering your ass.

Bollinger band trading

hopefully you are not going of "back testing" as measure of the performance of your system. and take into account that it is a mechanical system therefore when market conditions change your system will perform poorly, you need to collect data from ...

Optimal Position sizing based on Win/Loss ratio

that is a trade with potential...BOJ will try to shake off value of the Yen, as USD puts pressure on it...AUD will probably benefit + high interest.... lets see what happens, I am not really a big jpy OR AUD trader but ill watch it unfold

14 Year Old Forex Trader's Lessons

if you really think about it....RSI, MACD, Stochastics, S/D, S/R all signal the same thing as Bollinger bands ...that is is price relatively high or relatively low according to historical levels (whether recent or distant in the past) whatever it is ...

Bollinger band trading

Bollinger Bands are the Standard Deviations * (2) from a moving average. it is supposed to encompass 95% of price movement...assuming price moves in a normal distribution with not so many heavy tails...and that is a big assumption. It works better ...

Bollinger band trading

you are reading candles wrong if you are looking at a specific candle or formation and try to predict based on that

Different time zones, different candles