I'm thinking this one will be a dud. The FOMC minutes might be more volatile.

USD CPI

Maybe I worded it incorrectly. What I meant is that there is strong (widespread) sentiment that a hike will inspire yen strength in the short term (say the rest of the week), I'm taking the other side of this and saying the yen will fall no matter ...

BoJ Rate Decision and Fukui speaks at 1:30 EST

Thanks for the props! Now that we've had a whole bunch of opinions thrown around, I can't wait for the annoucement. I guess it's a good thing to see sentiment on the other side of my trade.

BoJ Rate Decision and Fukui speaks at 1:30 EST

No offence or anything but you seem pretty convinced that a raise in rates will cause a substantial amount of yen buying. Why is this? (no, I'm not kidding) The raise is already priced in way, way back. Sheesh, even I know they'll raise rates by ...

BoJ Rate Decision and Fukui speaks at 1:30 EST

I don't usually look at classic chart patterns but this is just so neat, plus it looks like a great volatilty b/o play. Could go either way.

NZDUSD Discussion

I'll tell you guys what. The BoJ raises rates the yen falls. They don't raise rates (unlikely) the yen falls a whole lot further. Same thing happened last time. Going short yen before this report is pretty much a no brainer.

BoJ Rate Decision and Fukui speaks at 1:30 EST

eurgbp has been moving higher pretty relentlessly the past few weeks, going short would be for the brave. That being said, the next 100pips would not be a bad area to short. I'd wait for somekind of catalyst though. You've gotta step in the way of ...

EUR/GBP

The yen has already moved lower the past few days. Even the beleaguered gbpjpy is moving higher. Which way do you think the market is positioning itself? Time to position short jpy. My 2c

BoJ Rate Decision and Fukui speaks at 1:30 EST

Excuse my ignorance but what is that stuff in the middle, never mind the bright red things at the top? Looks good though.

The HOLY GRAIL

Ha ha. That settles it.

Order flow

I'll be very surprised if that last leg (or even the current one) will repeat the pattern. Market geometry like that is actually quite rare.

EURUSD

Darkstar Have you used the full version of IFR. How much better than the FXCM version is it? Is it worth moving up?

Order flow

Well the support levels I talked about held so the dollar bears won the day. Not the most volatile day though.

News Trading Stategy

First off thanks for the compliment. I'm looking at it now and it could well fall further but right now the support at 9460 and 3090 seems pretty strong. We need a good break through these levels and then you can really wave goodbye to the eurusd ...

News Trading Stategy

Okay I'm out of my dollar shorts because the market just wasn't proving me right. I've just gone long usd and will look to fade any dollar weakness.

News Trading Stategy

The data is free and there is more than one broker that supplies prices. The alpari version also comes with gold, US indices and some bluechips. All free.

Why do most FF members use Metatrader?

The next day we can see that yesterday's high was formed first and then the low. This would imply a bias south. The big difference here is that the close at 1.9653 is pretty far from the median price at 1.9690. The close being lower would make the ...

How to determed the trend for the day

In this chart you can see the previous day first made a low at 1.9620 and then the high was made later in the day at 1.9737. The median price was 1.9678 and the close was pretty close, but just below at 1.9671. In this case you would look for a ...

How to determed the trend for the day