The question is: Who's really lying? London OR in dark blue and red

EURUSD

Commonly known as the "Franky fake". Trouble is, it's like the statement "I always tell lies".

EURUSD

Nice catch!

EURUSD

My personal opinion is that MM wanted to sell higher. I posted on Friday that it bothered me to short were we were when UCad was hitting new highs andgold, oil and Aud were falling to new monthly lows ,and EURUSD wasnt. That, to me raised the ...

EURUSD

And it fell this morning on good German data. You get days like that.....

EURUSD

Looks like they are...

EURUSD

OfWolfandMan just recommended this one: Economics of Money and Banking, Part Two by Perry G Mehrling. Looks great. Lots of stuff about FX, FX dealers HFT, gold standard. Just started too.

EURUSD

Here's what's bothering me: Gold is making new monthly lows. UCAD is making new monthly highs, AUDUSD new lows. But EURUSD isn't even close to it and every time it looks like it might be getting there you get a something like a big pinbar or big ...

EURUSD

Yeah, the only question is : Are they going to do one more iteration up to 1060-1140 before dunking on James? (I hope so)

EURUSD

Can't speak for Hathor. My outlook is that we are in a wide range, which is caused by that monthly engulfing bar and the attempts to break it/defend it, and that is where we are going to be until there's a monthly close above or below that candle. ...

The Really Useless Thread

It's that monthly engulfing bar. Historically you only have a couple of failures of those when the stochastics are at the very bottom, and even then it takes 3-4 months to defeat them.

The Really Useless Thread

Dunked on. Cuz that's what they usually do with it, although sometimes it takes 3 iterations before the dunk. Rinse and repeat.

EURUSD

You can google 'Predictably Irrational'. His work on how people intuitively judge probabilities (incorrectly) and how they relate (irrationally) to gains vs losses is really interesting.

EURUSD

Thanks!. Missed that one somehow but it looks very interesting.

EURUSD

Ariely. His specialty is behavioral economics and he's really, really excellent.

EURUSD

Coursera is free if you don't need certification (and minimal if you do.) There are some really amazing professors on there (Dan is one of the great ones) and they've run several courses about behavioral economics that are pretty enlightening. You ...

EURUSD

Dan Ariely (of Predictably Irrational fame) teaches a really fascinating course on Coursera about exactly that.

EURUSD

Sure do. (Whatever happened to him anyway)? I don't know what he was using. I just have them on my charts as lines like this (green ones are weekly mids, black ones are monthy, and usually when you get cluster of them, especially when they are near ...

EURUSD

But that isn't what I do. I decide if I want to get long or short and then I look for good places and reasons to do it or certain setups that most usually mean that price is going higher/lower.. When price gets to those places I wait for a nice PA ...

EURUSD

Sure. I asked the ADR calculator to use the 90 day average , which is 137, instead of the average for 3 days. Add to today's low and you get 1060. That is also 155 mofu of current swing and also a previous S that was broken and rejected on a retest ...

EURUSD