IB will provide some of the best futures commisions out there, but not the most innovative charting/trading platforms. TradeStation is opposite, slightly higher commisions (though still less than TD thinkorswim) but with top of the line software. ...

EURUSD

Great post, Saver. I was gonna say one just has to read between the bullshit, but your post was much better, haha.

EURUSD

HAHAHA! U must not watch eu much in dead NY session. I'll be surprised if it moves more than 5 pips by the close. 50! lol good one.

EURUSD

Yes and the fact that they cleared short stops before the event risk seems bearish imo.

EURUSD

Could also be the pump and dump...

EURUSD

Depends on how you look at it. Better to make (or lose) a few pips on a tight range day as opposed to being on the wrong side of a huge move on a more volatile day. Ranges are the easiest part of trading imo.

EURUSD

Exactly right. Lots of power on the contrarian side. Many don't give this concept the attention it deserves.

EURUSD

Not true actually. The spike up occured on EUR/AUD, EUR/GBP, etc. Not saying that it means anything. But it was not simply broad $ selling...

EURUSD

Just wanted to throw this out there to see what you all think... When AUD/USD was around 86 the RBA came out and said they wanted it at 85 and under. There was also a bunch of "articles" talking about big funds positioning short. Well since that ...

EURUSD

This statement is absolutely ridiculous, buddy! There is just no catalyst for this to occur. Maybe next week!

EURUSD

Though I agree that it is going down at some point, your statement is more bullish than anything, based on a contrarian view. Let's get the sheep buying and then it will surely come down!

EURUSD

Terrific thread, and a big thanks to all who have contributed. From an institutional trader's perspective, do you feel that Fibonacci retracements provide any useful insight to market direction? Over years of trading I have come to disregard most ...

Is anyone here an institutional trader?

Howdy Gold Traders, I don't post much here at FF, but I'm always lurking I have started analyzing gold (I ususally trade ES) and just have a quick question for you all. What are your thoughts/concerns with Gold's correlation to equities? ...

Only Gold!

Excellent thread here. I use a system similar to this which includes 5 PM EST closes. Take a look at the EU from tonight and see how it respected the levels. Ever back-tested the system with 5 PM closes as compared to 12 AM? Curious to see what the ...

Ramblings of a Forex Junkie

chance for at least a small pb was high after hundreds of pips drop...

EURUSD

My thoughts exactly, with wave C ending around 3360?

EURUSD

The thing about those types of news events is that even if you are right, you can be stopped out on really wide spikes each way before/after the announcement. Like others have said, it is gambling. Good luck!

EURUSD

Anyone else seeing bearish divergence on the last three peaks on a 4 hour chart? Any importance? Thanks!

EURUSD

Is anyone else thinking that if they choose not to cut the rate, this could be the low for many months? It seems the move downward was a bit excessive. Possible volume gap that will likely close over the next few days? Good luck everyone!

Aussie Trading Room and Cartoons Gallery

If the news doesn't break this support we are at, then we are looking at a nice bull flag. I'd rather it break downard so we could all get a nice easy run down, but if not I'll buy the re-test of the flag breakout to the north.

Aussie Trading Room and Cartoons Gallery