We are all retail traders here but I am pretty sure what Bguguen was referring to was the majority of retail traders are heavily long. That being the case, it is an ideal time for the Big Boys (institutional traders) to take the market in the ...

AUD/USD

Oh yes, I've been watching that ever since you introduced me to the Historical Positions Ratio tool provided by Oanda! It is unbelievable the divergence found between the lemmings (retail investors) and the actual market price! By the way, you ...

AUD/USD

Well said brother Let's all remember that we are ALL here trying to learn and make money trading currency. There will always be different opinions and people will experience different results than others. However, let's try and keep our ...

AUD/USD

Hahaha. Take your time on the analysis and make sure you enjoy the weekend! Cheers bro!

AUD/USD

Just curious, what did you get from this chart? Where is AUD/USD headed from your analysis? Thanks!

AUD/USD

Man tell me about it, this new Unemployment Rate came out of nowhere! It's not like anything changed as far as new jobs and what not. And I don't think that all of a sudden an additional .4% of everybody looking for work this past year just stopped ...

EurAnalysis

Right I don't think I'm patient enough to be a Position Trader like yourself!

EurAnalysis

I'm no conspiracy theorist but it does seem a little fishy that we somehow (out of nowhere) got the best unemployment rate in 4 years all of a sudden 1 month before Presidential elections. Maybe I'm reading into this a little more than I should, but ...

EurAnalysis

I'm confused about the 7.8% UR...? How is the unemployment rate significantly better but employment figures did not change? How does that work?

EurAnalysis

Sorry PT, I jumped the gun on this one. Thanks for relieving me of this duty, I need to get at least one hour of sleep before news comes out! Be back in a little over an hour or so... By the way, I'm not liking those numbers for my shorts! ...

EurAnalysis

My Strategy - In A Nutshell — I use a Trend Strategy which uses a part of the "Third Screen Strategy" of Dr. Alexander Elder. First, I find in a D1 chart the global trend using the MACD indicator. Once the overall trend is clear, I use the H1 ...

EurAnalysis

100PipsADay - 138k Thijs - 105k Rekon67 - 90k

EurAnalysis

I'm trying to average 500 pips per week. Sometimes I do more, but often times I do less. That is my long term goal though!

EurAnalysis

One job a day growth for US...?

EurAnalysis

Contest: Non-Farm Figures? — Hey PT, Not sure if we are doing our Non-Farm contest today but I'll put in my guess 100PipsADay - 138k

EurAnalysis

You might want to check with member named "Luis Carlos" as he seems to trade mainly using EW. I believe his target is down to 1.27 then up to 1.34 as of yesterday's analysis. Maybe you might want to PM him and get his input on your EW analysis...

EurAnalysis

I'm leaning towards #2. Waiting for news this week. Maybe in a few hours it will break the range...

AUD/USD

Nice! Always good to see confluence with my charts and a veteran traders charts! I think I'll stay up until 2:00am my time, don't want to miss the action! Take it easy Wulf, talk to you later brother.

AUD/USD

AUD/JPY - Support Zone — Nice trades Wulf! We need to break the following "zone" in order to see some more downward movement for AUD/JPY. 79.37 - 79.67 - Support "Zone" *We already bounced off of this area earlier today... Edit: ...

AUD/USD