CHF is a strong currency that has been showing steady weakening. Not recommending any action at this time, just increased preparedness.

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Nice trade MPB

MPB Journal

AUD pairs are a fine sight to behold EDIT ~9h30 GMT: Just noticed all AUD pairs are trying to clear some sort of Support/Resistance atm. Mostly monthly highs/lows. ADR is already extended early London, and some gain consolidation is due, but ...

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Pretty much agree with your thoughts on JPM and other crook institutions. Why would they ever give away high probability trades freely? Feeding misinformation to the sheeple serves only their own agenda.

GBP/USD outlook

Amon Tobin (Cujo): video video

What kind of music you hear while you trade?

Most likely it will swing down again before/around ~6570, but that's too much futurology

GBP/USD outlook

Quoting from AUD/USD thread: Jimbaloo's excellent post points to possible tightening in 2014. This one is not so positive, as it points to rates on hold. Whatever the case, it's still positive for AUD, because the previous consensus was for 1 rate ...

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Agreed Olu. AUD steady strengthening should not be ignored. AUD is looking like the top buy candidate atm. Thanks for the kind words. Good trading to you, vox

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video video

What kind of music you hear while you trade?

Hi Olu & Co, Thanks for sharing your thoughts/analysis guys. I have special appreciation for the ideas shared on this thread, MPB, and numbnuts's. Just finished doing some quantitative Strength/Weakness analysis to help me putting things into ...

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Yep. Excellent call Olu. USDCAD IS FLYING

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That sure helps making sense of AUD. Thanks for the post EE.

AUD/USD

Agreed Olu. This can all change fast. It seems all we have for AUD are bad news (esp. spillover from China). Surely that doesn't make for a compelling buy case. On the other hand, shouldn't we be seeing AUD technical weakness by now given these ...

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I share your uncomfortable sentiment regarding buying AUD. AUD has been puzzling me for like 2 weeks now. AUD (the currency) showing bullish structure, but still no buy confirmed:

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That is one of the reasons why I like NZDCAD buy over NZDUSD buy (as mentioned in Numbnuts journal). Both NZDUSD and USDCAD looking up = potential for strongest move up in NZDCAD. Last bar broke support on CAD (the currency):

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16000 wasn't hit, but remains possible. DOW's January high is still intact. No one knows the future.

GBP/USD outlook

Good day Olu, Yes, definitely. AUD strength came in at impeccable timing from a technical perspective. On higher time frames AUDCHF seems to be pointing higher, EURAUD lower, and AUDUSD seems to want 0.95 area. On lower TFs we see decreasing range ...

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The amount of capital required to make trading worthwhile may vary widely from individual to individual depending on a multitude of personal factors. I'm a believer that time is money. For me the minimum amount of capital to start trading with must ...

95% traders go broke, only 5% survive

If you know how to trade then you wont risk much per trade. Reward being proportional to risk, trading a 20 bucks account into a large figure account would take a long time. Capital matters too.

95% traders go broke, only 5% survive

It's not that I'm a rare case. I am as psychologically vulnerable/human as everybody else when it comes to discretionary trading. It's that I have an heightened awareness of how contra human nature consistently profitable trading really is due to ...

95% traders go broke, only 5% survive