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Bmitchell replied Oct 27, 2015 Read this before you do go long. http://www.dailyfx.com/forex/technical/article/forex_strategy_corner/2015/10/27/GBP-USD-Fractal-of-the-Euro-PT.html
Cable Update (GBPUSD)
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Bmitchell commented Sep 3, 2015I just wonder if the "minimum wage" hike hit it. US Unemployment Claims filed supports more people out of work since last print.
August 2015 US Non-Manufacturing ISM Report On Business
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Bmitchell commented Sep 3, 2015It was better than expected but, lower than last print...so the Retailers spiked it on the former and then the MM's came in to say, "hold up on that car wash gentlemen." on the latter.
August 2015 US Non-Manufacturing ISM Report On Business
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Bmitchell commented Sep 3, 2015Hell, the AUD & NZD were Stronger than the EUR @ the announcement!
ECB Monetary policy decisions
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Bmitchell commented Jul 14, 2015Concur!! It's Bloomberg...they will say things like "not as bad as" & "XX was up but, not as much as expected."
Retail Sales in U.S. Unexpectedly Fall on Broad-Based Retreat
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Bmitchell commented Jul 14, 2015Take what the "experts" predict with a grain of salt. The Print was exactly opposite of what the "experts" predicted and both the EUR and GBP went up...they have been showing strength this am anyway. This just added fuel to their fires.
US retail sales likely grew at a slower pace in June
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Bmitchell replied Jul 14, 2015Why the nearly 1+ hour in delayed Price Action? Was it released late? 04:30 or 05:30 EST?

Cable Update (GBPUSD)
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Bmitchell commented Jul 7, 2015Jul 8, 2014 -1.3% 0.4% 0.3% (REVISED DOWN FROM 4% PREV MTH.
UK May industrial output jumps on oil boost, but manufacturing weak
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Bmitchell replied Jun 29, 2015Very simple explanation: Kathy Lien: "The euro is also being supported by intervention from the Swiss National Bank who is buying EUR/CHF to actively weaken the Swiss Franc." read more here from Kathy. url
EURUSD
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Bmitchell replied Jun 29, 2015This will explain it to you. I have been following Kathy for years. She knows FX!!!! url
EURUSD
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Bmitchell replied Jun 29, 2015I agree!! The times I have been to Greece...there are far more (young, middle aged) people walking around the streets, beaches, bars and shops than working. And, these are not tourists!
EURUSD
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Bmitchell replied Jun 27, 2015You're not alone in this world. Especially us short term traders that watch the second hand, "tick-tick-tick"!!

AUD/USD
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Bmitchell replied Jun 22, 2015I agree with you...but, I think it is in Wave 5 on a daily and this could take it up to 1.5000 Psychological Resistance.
Greece should be out of the picture by then and the EU troubles will return gracias the Fundies.EURUSD