Well, I'm glad I got an early evening nap because the market has been like watching paint dry all day. There are some B.S. EU numbers coming out tonight and that's it. I'm looking for a decent move but there's really light range right now, maybe it ...

Daily Cable Analysis

Another thing I thought of is that, if I was some big hedge fund trader, I could go on a public forum like this one and try to debunk things that are true in order to protect my profits. These leaks really do happen. Why could a leak never happen in ...

Tech Analysis of News Leaks

I just had a funny thought, I'm going to start a development team called "Forex Rednecks"! Anyone who wants to sign on, and I am serious as a heart attack, PM me, I have several systems that all suck and need help... Anyone with more than 3 teeth ...

What are common candlestick patterns?

A good book on this is Steve Nison's "Profitable Candlestick Trading". As far as letting your computer do the work for you, a man had better understand what his computer is doing. Who's the master? If I use an indicator, like CCI or RSI or any kind ...

What are common candlestick patterns?

BTW, before you go freaking on me saying that I'm just demoing, I just use Meta to chart, my account is with Oanda, the best one, but their charting sucks...

Tech Analysis of News Leaks

Look at this move 1.5 hours ahead of the 11 January UK interest rate announcement, bud, these leaks happen, just not every time. Notice how it mimics the later news spike... Also, that spike could possibly be attributed to UK industrial or ...

Tech Analysis of News Leaks

Seowqj, if that is your real name, I see you might be a little new. What I have learned of late is that there is no way to just get a bunch of plug-ins for Metatrader, let them honk and ring and whistle, and trade based on them in a profitable ...

What are common candlestick patterns?

No offense, but if you need an indicator to find candlestick patterns, you need to sit down, read a book, and learn what they are. I'm being constructive, really.

What are common candlestick patterns?

Our only saving grace in America is that we can go to the local pawn shop and buy an AK-47, while in Japan you have to have a license to own a sword...

JPY devaluation?

Well, Fumafuma, all goodwill aside, I am a blue-collar guy who actually worked at the Nissan plant in Smyrna, Tennessee, and what I saw was a Japanese company taking advantage of an American small town and American workers for Japanese gain. I saw ...

JPY devaluation?

That was 3 hours ahead of the news, why would that happen? Sure, there were other releases that day, but I've seen this happen before a lot, and there is something behind it. Let's figure out a way to read these kinds of moves...

Tech Analysis of News Leaks

For example, look at this spike in the direction of the eventual news spike a few hours ahead of last week's UK "surprise" interest rate hike:

Tech Analysis of News Leaks

Okay, I lied, one more post but here comes Frankfurt... Tradin' time! Notouch, if 4 people "in the know" trade with 4 billion USD, do they not have the same price movement power as 100,000 people trading 160,000 USD each? Do you have 160,000 USD? If ...

Daily Cable Analysis

Notouch, I can't touch you, so this will be my last reply. I have observed this behavior, but I do not necessarily trade based on it. Like I said, whatever technical system you employ, observe it before and after news. You may be surprised. I ...

Daily Cable Analysis

Notouch, Here comes the thread! "Can't touch this!"-- MC Hammer

Daily Cable Analysis

BTW, don't trade, for godssake, just observe...

Daily Cable Analysis

Those "in the know" trade with billions of dollars, and we trade with thousands. I have simply observed strange price behavior up to an hour before significant news events. Let's all try this on the next NFP with our various technical systems. I use ...

Daily Cable Analysis

Maybe the UK has more integrity than the US, over here the big boys are crooked as hell. They're sure not going to miss punking a number off of a bureaucrat at the BLS for $5000 so they can make a million on NFP. I'm sorry, but this is not an honest ...

Daily Cable Analysis

The lockup is a joke. Yes, the actual release is subject to lockup. The actual number floats around BLS or various Fed banks for days before it's released, and it is absolutely leaked. I'm not talking about heeding rumors, I'm talking about using ...

Daily Cable Analysis