Fool, the purpose is to fleece the retail trader out of all his worldly assets.

A high-speed trader published a brutal takedown of a new plan to slow down trading

Considering that It takes about $20 million US to move the market one-half of a pip, a move of 1000 pips would require a huge amount of money to get it started, even with stop losses crumbling. This wasn't done by a lot of retail traders trading ...

Pound Plunges 6.1 Percent in Biggest Drop Since Brexit Result

Oh, those rumors--started by folks who make the markets and profit off of the retail traders when they take the bait?

ECB: Draghi made clear tapering was not to be discussed - Livesquawk

3o year low? Might go up ---or might have someone like Soros come back to short the pound. Why trade this dog?

Pound hits 31-year low against US dollar, but shares soar

Nice whipsaw.

ECB said to near consensus on need to taper QE before it concludes

Bankers protecting bankers. What's new?

ECB officials concerned about negative rates

Mr. Kingleeny, I usually don't call anyone out for making bad, odd, or weird predictions on trading. However, your comment on the USA "compared to the usa who dump the poor to starve and cant even get in to hospital and your poor cant even get ...

AUDUSD Confirms Above Ichimoku – Forex Trading Strategy

Lots of folks in the West embraced the philosophy of "me first" so having children became a nuisance or worse, a long term financial liability they didn't want to assume. no more 'Go forth, be fruitful and multiply' desires in the West. Child ...

Italy's government issues outrageous fertility ads because people aren't having enough sex

Some demographers have written that it is too late for all the European countries to save themselves. For the last two generations their birth rates have been below the 2.1 children per couple needed to sustain a native population. Now you have an ...

Italy's government issues outrageous fertility ads because people aren't having enough sex

Might as well go to a casino and put your money on red or black, my friend. Why not wait a few minutes after the FOMC statement to avoid a whipsaw and then make your trades with the trend? Be flat in dollar pairs before the event if you can. To ...

U.S. retail sales falter in August

Aside from the political impact on MPS who would vote to cut benefits, how many would actually go home to some third world country which probably has NO benefits. Perhaps they would simply sink into more poverty with forays into underground economy ...

Jean-Claude Juncker suggests UK will not have access to single market after Brexit

Excellent observation since for someone to win big, someone else has to lose, eh? You might notice that the article only mentions big banks, hedge funds, etc as the traders making all that money with winning strategies. Guess who the losers are?

Currency Traders Can’t Lose as Trusted Strategies Reap Big Gains

That's cold. But funny.

And now for Yellen...

Yellen will do nothing and say nothing that would disturb the market before the US election. Look for more of "All is well, the status quo is good, and do not look behind the curtain."

And now for Yellen...

Wont this undermine the status of the US dollar as the world's exchange currency since the Bretton Woods conference?

Four top banks join forces on new digital currency

Well, both these currencies recently cut rates--but the market reacted atypically by sending their pairs higher. I didn't get that either. Now imagine that there are three banks worldwide that control over 30% of the spot fx market and ten that ...

Stops triggered in AUDUSD send the pair tumbling

Add up those pennies and nickels that small retail traders lose and that is their profit. They make a living off of retail traders which is why most retail traders are not profitable. They make and move the market in the direction they want. So most ...

USD/JPY smashed

You are right about commercial traders who are actually in the business of moving commerce and trade across the world. You can see where these boys are going by studying the COT report. However, there are other semi-large players including some 800 ...

USD/JPY smashed

Long read that most folks won't bother with, but I found this quote to be interesting history of early economic forecasting in England: High up on the wall of the Court Room at the Bank of England is a dial, linked to a weather vane on the ...

To Be Clear, the 'Helicopter' Is Not Stimulus

Top ten banks who trade currencies control 85% of the 4 billion dollar daily currency market trades. When one of the Big Boys sneezes, the market moves. Our piddling retail trades are insignificant. Since there hasn't been significant market news ...

USD/JPY smashed