Some slick dance moves there......but I still think this guy is the best dancer ever..... video

What kind of music you hear while you trade?

The question itself, "is the market trending or ranging" is bullshit. At any given point in time the market is not trending OR ranging - it is just seeking liquidity, in whichever direction that may take it next. Looking at past data can ...

Trending vs Range Bound Markets

Typing "Thread closed" does not close a thread.

Does anyone know how cloggie traded?

There isn't really a standardized set of rules as to how news is released, every data source has its own way of doing things. In the USA alone news is released by the Federal Reserve, Department of Labor, Bureau of Labor Statistics, Energy ...

Will the way the news is released be changed in the future?

Yes.

The Daily Stop System

You are right, I took the last statement to imply the fed may also start considering underemployment as well as decline in overall participation levels. That's why the inflation data next week is so intriguing - if inflation stays low or drops, the ...

Central Bank Watch

nfp - employment change just came in at 74k, much lower than expected and its lowest printing since June 2012. Despite that, the official unemployment rate dropped to 6.7% - it was expected to hold at 7%. The immediate reaction is negative USD due ...

Central Bank Watch

Bank of England yesterday decided to leave its monetary policy unchanged. The UK continues to recover faster than other economies, with annualised GDP growth around 3%, inflation steady at 2% and unemployment falling to 7.4%. BOE head Mark Carney ...

Central Bank Watch

A nice article by Simon Kennedy about the diverging monetary policies, kind of lines up nicely with what we've been saying in here url WSJ's outlook on Fed direction and challenges in 2014 url It certainly looks like diverging monetary policies ...

Central Bank Watch

I'm not in the USA but there's plenty of horror stories about. If you have a good year then suffer a drawdown at the beginning of the new tax year, or even lose it all, you still have to pay tax on the profit you made the previous year. People have ...

Forex Tax "Basis Risk"

Yeah I try to buy only currencies I am bullish on and sell on bearishness. I think a pair like NZD/USD, where I am bullish both currencies on CB policy, would be more likely to slip into a range (or a weak trend I can't predict) while a pair like ...

Central Bank Watch

Bernanke sounds optimistic about GDP growth in 2014, meaning taper will likely continue if unemployment keeps falling. An uptick in unemployment could throw the cat among the pigeons. The other two fed speakers from this morning, Lacker and Plosser, ...

Central Bank Watch

When you mention specific targets regarding currency value/rate hikes, those targets will get priced in very fast. RBA and RBNZ are the only CBs to have mentioned specific targets (aside from the eur/chf floor) so I am starting the year very ...

Central Bank Watch

Dude, your shadow is wearing a dress. Kind of answers a few lingering questions though. Going to Colorado, like two days after they legalize it - hmmm. Say high from me video

What kind of music you hear while you trade?

Interesting that you have USD so low, and EUR so high on your list. I take it you don't think the fed will carry through with the taper? What are you basing EUR's relative strength on? The rest of your list is pretty much in line with what others ...

Central Bank Watch

video

What kind of music you hear while you trade?