lets put this in perspective in 1913 $1.00= $22.10 dollars of today average wage was $585.00= $12,928.50 in today's dollars the average car cost= $600.00 102.56% of an average annual wage the average house cost= $5,935 1,014.53% of an average annual ...

EurAnalysis

do not watch the NFP closely, it is irrelevant what the data says. WATCH THE REACTION.

EurAnalysis

GOOD NFP means depreciation of USD, as the economy remains to be gaining traction, then money will flow into riskier assets. the USD still has low interest rates and offers little attractiveness.

EurAnalysis

happy Birth Day Bumma

14 Year Old Forex Trader's Lessons

the euro will continue up today, it formed a double bottom at 1.3160 and 1.3165 subsequently. We have to look at what is going on in the markets today, in order to really understand the market mechanics, although i really do not know shit, nor any ...

EURUSD

me too !!!! and guess what, I keep my money and my profits grow a shit of a lot faster than when I JUST HAD TO CATCH EVERY MOVE.

EURUSD

i think you just proved Agro's point. yes big boys due use some sort of spiral, martingale, fibo entries PRECISELY because of what Agro said. if you have 10,000 orders on the ASK and it gets hit with 100,000 on the BID what happens to the market? ...

Does the martingale system really work?

yes assets are all correlated due to the USD being the reserve currency, but What i am trying to establish is the USDX is good tool, but just a tool, it is not a leading indicator.........it is a result of same as looking at the 6 majors except here ...

EURUSD

the USDX is a weighted Geometric average, meaning that relative to each other the basket is weighted so the currencies in question do not affect the mean dis-proportionally due to the amount in the exchange rates i.e the Yen being large numbers does ...

EURUSD

would you care to elaborate?

EURUSD

i am aware of that i posted this a little bit ago. but then again SNB will probably wait till the 1.20 is violated otherwise they would just be feeding the speculators, maybe even let that 1.20 be breached for a couple of days and then surprise ...

EURUSD

USDX is reactionary to EUR/USD not the other way around USDX is an index of USD performing among the major currencies of the world with 58.6% weight on the EUR/USD i believe

EURUSD

if you are thinking of going long you have different options one would be to buy now and put a SL below 1.3050 which is risky, or wait for clearer direction either below 1.3050 sell or above 1.3080 buy? right now the range is 33 pips usually we have ...

EURUSD

its pretty clear by looking at the charts equities and yields up they are not selling as you can see. What they will do in the next second i don't know

EURUSD

as usual Agro knows his shit. my thoughts exactly

Does the martingale system really work?

1.3050 and below will look like a bearish formation while 1.3080 and above will be bullish. 1.32 so far is been the resistance which needs to be passed if this correction is to continue. and if we in fact trade below 1.3050 then we can expect to zig ...

EURUSD

the biggest factors here are how will the SNB maintain the floor? by buying Euros? and selling franks? how will the BOJ intervene by buying dollars? and selling Yen? The BOJ creating demand for USD will bring down the Euro, and put pressure on the ...

EURUSD

funny ..... my Central Pivot is 1.3110 (which by the way is only the average price of yesterday)

EurAnalysis

in the US bonds don't matter they are irrelevant. USA doesn't borrow money they print money, the money needs to be spent first before you can exchange it for a less liquid asset with higher yield bonds,treasuries and cash can be considered cash just ...

EurAnalysis