Time is better spent not trading EUR/USD for the moment. It needs to pick a direction for the serious pips to be made.

EURUSD

I see what you are saying, and there are valid points within mainly about physical laws, but there is something beyond physical laws. This boils down to a matter of personal opinion. The first and last part I still disagree with you on, but for the ...

Is the market random or not ?

This is my last post in this thread for the argument FOR the market being random: We take the definition of the word "random": "Having no specific pattern, purpose, or objective: random movements." Most will say "I see patterns all the time and ...

Is the market random or not ?

Piitb, You clearly haven't read all my posts here in this thread, so I'll make my example heard again using a direct quote from your thread featured below. What is it that you were afraid of? If the forex market is not random, there is no need to ...

Is the market random or not ?

I agree with others about the lack of respect you have shown me, but I'm an easy going guy. This is an irrelevant example IMO. Deciding whether someone is going to buy a mop is different than deciding which country will perform better than another. ...

Is the market random or not ?

Response within your quote in red.

Is the market random or not ?

If there are probabilities, then there is randomness. Why do probabilities exist? Many different trials with random outcomes... The correct answer to "Is forex random?" is "Yes, to an extent." The extent or randomness should be less than your ...

Is the market random or not ?

The sum of human decisions can change randomly. Thus, trend changes. Do you know when trend changes will occur? No. I'm not sure I agree with your argument, respectfully. Kevin PS If you do know when trend changes happen, can you tell me when the ...

Is the market random or not ?

aediaz, I'm one of those "1KT traders that should know the answer", in your opinion. Sorry to have to tell you that my answer is different, and I venture to guess I may be the one you're talking about since I've had this discussion before. The ...

Is the market random or not ?

I agree with you. Most people in America just want a new president. I think the dollar will strengthen based on Bush leaving alone. Numbers have not been good enough lately to cause a full on rebound, but you are right, we'll have to see. It seems ...

EURUSD

What caused weaker dollar? Weak U.S. economy. Unemployment #'s bad, funding an expensive war, oil prices hurting all businesses and people, and increasing trade deficit (importing many now more expensive goods due to weaker dollar, which puts more ...

EURUSD

Useful information in the below paragraphs. Excerpt from: url Written by Boris Schlossberg, Terri Belkas, and Jamie Saettele, Analysts for DailyFX.com "European Central Bank – Still Hawkish, But No Hike. Rate Announcement: April 10, 2008 at 11:45 ...

EURUSD

My guess is it's a dollar-related thing. As I quote in my post above, I never thought that Unemployment #'s for U.S. (Extremely poor) were factored in last Friday. Sometimes it takes time for the news to kick in. Why did the Euro start things off? ...

EURUSD

Weeee — 150 pips here. The gap filled as I suspected, we'll see if we test new high's now.

EURUSD

Hey stefant, I subscribed to the marketwatch twitter, thanks! I think the reason why there is not as much interest here is that most will find the Twitters to be lacking of information. I know personally, I prefer a deeper analysis of situations, ...

Twitter - a great platform for traders?

Words wisely spoken, Dave. I personally believe NFP results are not necessarily priced in yet. All we got from the horrible unemployment readings was a wimpy spike. I believe that someone(or multiple someone's) wanted to make money short while ...

EURUSD

Better than expected ISM #'s. I plan to see some downward movement and ranging until tomorrow's Employment information, which I believe is going to be bad. There are some gas stations that are not selling gas anymore because profit margins on gas ...

EURUSD

Yes, I understand these are your opinions, Dave, but there are some pretty sweet hybrid cars out there. Maybe you just haven't seen them. The middle class will love the new Cadillac hybrids to show off their apparent wealth Desperate Housewives ...

EURUSD

Hmmm... solution: buy domestic hybrid cars. Which is totally reasonable to most middle class Americans, and I can see an increase in these every day. I believe it was Bernake Sr who mentioned fuel alternatives will be coming, and he is quite right. ...

EURUSD

Guys, I have something to admit... It was me who moved the market

ADP NFP Leaked