He gets the idea from the same place most of us do. From the currencies propensity to move prior to the announcment. It is pure speculation on our part. It could just be plain old traders on their best guess moving tha market but a data leak sure ...

GBPUSD

My immediate intial rection to that chart when I first see it is sell. First reaction for me is to notice the megaphone(expanding trading range) with a good downside.

GBPUSD

I wonder how much of that money is Johnny come late to the party guys excited by the dows perfoprmance

$ For The Week of 11/6-With Trade Ideas

I would think that what you have stated might be more true of the equities potential reaction.

Election effects?

Would have been a nicer situation if you would have had some managerial control over your trader. You could have pulled back his size until he got back on track.

Amazing Trading Stories!!!

A trader interview on bloomberg just stated that money is coming out of bonds and into equities. What do you serious fundemental guys think this means for the dollar?

$ For The Week of 11/6-With Trade Ideas

Some good looking corrollations there Quick. Good stuff.

GBPUSD

LOL, he said further increases may be needed. So far, the market has not cared.

$ For The Week of 11/6-With Trade Ideas

Moskow is spreadin' a little dollar love.

$ For The Week of 11/6-With Trade Ideas

Not sure what you are refereing to here. Care to elaborate?

Market Makers & ECN’s, Is the grass greener?

Pretty simple motive BK, better fill and more pips of the move in your bank.

Good source for Fundementals/News

I am here reading alot of posts where people are telling others what they can't do and what doesn't work. This is fairly normal in a forum but there is a huge problem with this particular conversation. There are alot of people who have never done ...

Good source for Fundementals/News

The initial NFP # has no real credibility until the revision is heard these days. To me it is becoming a joke.

NFP and rumors around

It is a shame if anyone lost on today's non farm. It was a 100 pip straight shot with no real pull back.

NFP and rumors around

very good calls and insight this week wwwin. good trading.

Textbook "Reversal Day" for GBPUSD

Well we have finally found some dollar lovers. We have a nice range definition for next week to. Game on.

Is this the big reversal point for the dollar?

any time frame. I like it best on 15M I like it set to 64

Murrey Math indicator is very useful in Forex

A slow week sure makes you appreciate an easy payday. Now we can all enjoy our non farm weekend. Good trading everyone.

NFP and rumors around

Meta I assume?

Murrey Math indicator is very useful in Forex

That seems like a sound observation. The pound always has the most pre-data movement. I would say that many times if not most they get it right with U.S. data.

$ For The week of 10/30-With Trade Ideas