Robot Trader, I guess I would ask for your clarification. On page 6 of the report, they say "The Board weighed up these developments [reference to weakened global economic outlook and lower commodity prices] at its July and August meetings. The ...

RBA Statement on Monetary Policy, August 2012

I would wait for the Chinese data first.

RBA Statement on Monetary Policy, August 2012

Based on what LoadedGun said, fade whatever mima says. I'd like to know a bit more about the story behind mima and why LoadedGun called him out on another story for recommending losing moves in the past and especially how LoadedGun knows that mima ...

EUR/USD slides to fresh week’s lows

I don't trust seekingalpha.com articles. Every one that I've read has been written by Jay. forexlive.com is another website I do not think is worth considering seriously.

USDJPY & AUDJPY: Everyone On One Side Of The Boat

This got me to look at USD/CAD a bit more. I don't understand quite why it's fallen so rapidly. The news came out a while ago and it isn't all that high impact anyway. Further, USD/CAD has already broken the weekly support line (WS1 at 0.9965) and ...

US crude oil inventories fall by 3.7m barrels

So the rate will most likely be unchanged. Why would it change? Summary Good: Consumer spending as well as housing prices and housing sales are both way up compared to last month. Bad: Stuff costs a little bit less compared to last year. 27,000 ...

Shares steady on sustained policy hopes, eyes on RBA

Ever E. Man: How would you verify where the exports are going? Does the private sector have to publicly report which country will receive their raw goods? Regarding technicals, what timeframe and what indicators do you like to use? I generally favor ...

China central bank to step up monetary policy fine-tuning in second half

So who gets hit harder then given that the U.S. is a major trade partner of China: AUD or USD? Based on that, where should AUD/USD go? Will this necessarily translate into weaker strength in NZD and therefore a fall in AUD/USD as well as NZD/USD ...

China central bank to step up monetary policy fine-tuning in second half

I can understand saying AUD is overbought and that it will be down Monday, but to say it will be below 1 in one week? Based on what? Hope? Come on everyone, let's raise the level of discourse here! There are enough of you with blown accounts to know ...

Chinese authorities are beginning to worry

Start with babypips.com first. I doubt anyone would want to share their million dollar / year strategy with someone who doesn't know what a bid/ask spread is. I somewhat doubt anyone will want to take anyone else under their wing for free anyway.

Nonfarm payroll up 163,000 in July, rate at 8.3%

First of all, I disagree. After the FOMC meeting, it was obvious that EUR/USD should tank. There was a lot of speculation as to what may happen regarding Draghi's comments. Second, if you couldn't make sense of the fundamentals and technicals and ...

Market Reaction - Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment

Unbelievable. The same people here post the same comments here indicating that they are gambling. If you continue to gamble, you may get reinforcement like this that it's a good idea, but be careful, one day a decision made the opposite way may ...

Market Reaction - Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment

biren.nepal: Your analysis of "no loss" is completely unfounded. Just look at USD/CHF. EUR/CHF is being held at about 1.20 by SNB. You would expect if EUR goes down, then CHF would go down too. Therefore USD/CHF would have been a great long right? ...

US crude oil inventories fall by 6.5m barrels

Sure man. I just collected a bunch of pivot points from all over. Consider the input of many different banks and the news from many different sources through an aggregator. I use Oanda and their built-in news is pretty good. Forex Factory's calendar ...

S&P 500 and US Dollar Return to Trend-Defining Technical Barriers

Lots of bitter people here. I don't even understand the allure of EUR/USD. It's way too risky. I've been sticking with riding AUD/USD and NZD/USD and I've earned 500 bucks over the last 3 days off less than 1500 (so over 33% profit). Admittedly I ...

S&P 500 and US Dollar Return to Trend-Defining Technical Barriers

Okay, I agree that he needs to establish a system, but I hate the fluff attached to it. Get to the point and move on. I would say that maybe you could help him develop a system or share some thoughts about why you think a certain trade position ...

Moody's says outlook is negative on UK credit rating

Don't blindly follow them. I decided to paper trade a few of their recommendations blindly and found that they were substantially wrong about EUR/JPY and one other currency pair. Check last Thursday and last Friday's recommendations. Some of those ...

EUR/USD – While under 1.2408 a return to 1.2063 is favoured

Everyone here sounds like gamblers and not traders. Cheering your trades? Being contrarian for the sake of being contrarian? Don't you people know your odds? I have mostly avoided EUR/USD because of the reasons people indicate here. You have two ...

Near-bankrupt Greece says cash reserves drying up

TraderUSA: I agree with the sentiment. Garbage like this shouldn't even be posted here. However, I think that it is possible to do well without being an insider or knowing an insider. I think the best way to learn is to make predictions and ...

The 5 Types of Courage For Forex Success

haha, someone watched A Beautiful Mind and took it for a documentary. Needlessly chauvinistic and cryptic. Regarding the article, I'm not sure if Germany not paying (Greece|Italy|Spain) and having (Greece|Italy|Spain) stay is equivalent to the cost ...

For Italy, It Is Game Theory Over