- Search Metals Mine
- fierceman replied Apr 9, 2008
Absolutely. Most of the things I mentioned affect interest rates and interest rate expectations, which are still highly correlated with exchange rates over the long term. I know you always play down your understanding of fundamentals, as well as its ...
head and shoulders EUR/JPY
- fierceman replied Apr 9, 2008
I think that has to do with the USD status changing from being a high-yielding currency to a low-yielder over the past 6 months. If you're referring to GBP/JPY then I think it has to do with GBP fundamentals being the weakest, as well as it being ...
head and shoulders EUR/JPY
- fierceman replied Apr 8, 2008
Have you read the linked thread? If you do, you'll see that when you "hedge" this way, you are in effect closing your position, but at the cost of an extra spread payment. Remember it's your equity that counts, not your account balance, so don't ...
I'm losing...insight requested....
- fierceman replied Apr 7, 2008
Are you kidding? Where in the US do you live?
Twitter - a great platform for traders?
- fierceman replied Apr 7, 2008
Agreed. I don't think anyone in this thread is saying the effects of the strong yen will be immediate, but there seems to be no end in sight for the yen's strength, so its effect will eventually catch up. The only question seems to be how severe ...
Is Japan headed towards recession?
- fierceman replied Apr 5, 2008
I believe purchasing power parity is a more accurate measure of relative wealth, and with a weak yen, I don't think Japan kept up with the US or Europe. The numbers quoted in the article don't account for this fact and any economist worthy of the ...
Is Japan headed towards recession?
- fierceman replied Apr 3, 2008
Guys, I am NOT advocating the use of volume, nor do I think that it's even possible to use it since we don't have the data... I was just trying to respond to forexlion's thread. If he can find a way to get the data and incorporate it into his ...
A Trading Idea which needs Refining
- fierceman replied Apr 3, 2008
If you had volume data, it would have perhaps added an extra degree of probability to your trade. I'm not arguing that volume would be the greatest thing ever, I'm just saying that it has its use in some people's trading strategies. Since the ...
A Trading Idea which needs Refining
- fierceman replied Apr 3, 2008
In exchange-traded markets, volume is an important indicator of "conviction". For example, if we see a good rally after a prolonged blowout, we could look at volume to see whether it's just short covering or new buying interest.
A Trading Idea which needs Refining
- fierceman replied Apr 3, 2008
I'm having a bit of trouble with this too... How do you propose to calculate volume?
A Trading Idea which needs Refining
- fierceman replied Apr 2, 2008
The "how white is Bernanke's beard getting" indicator?
Trading the Supermodel Indicator
- fierceman replied Apr 1, 2008
The reason I care why is that irrational knee-jerk reactions tend to turn around very quickly, whereas logical market reactions are more likely to be sustained for a tradeable period of time (tradeable for me that is, since I rarely day trade).
Wall Street close watch
- fierceman replied Apr 1, 2008
Hm... So manufacturing is still contracting (although not as badly as we thought) and prices have skyrocketed. How exactly is this dollar AND equities positive?
Wall Street close watch
- fierceman replied Apr 1, 2008
It's the excitement. Trading daily charts doesn't give you the same adrenaline rush that 5 min. highly leveraged trades do. It appears that greater profits can be made on shorter timeframes, and that's true, but it is more difficult due to a host of ...
I'm losing...insight requested....
- fierceman replied Mar 31, 2008
How did this thread turn into a short vs. long timeframe debate? We have enough threads on this already no? Suffice it to say that they each have their advantages and disadvantages and move onto giving the original poster the insight he is asking ...
I'm losing...insight requested....
- fierceman replied Mar 31, 2008
Once again we have Euro CPI out way above target. This time even higher (3.5% vs. previous 3.2%) In case you missed it last time, this is very bullish as it eliminates any chance of an ECB rate cut - in fact it may even prompt another (do I dare say ...
EUR/USD Trading Room
- fierceman replied Mar 31, 2008
"Hedging" in this way is a bad idea. Read this and you will understand why: url
I'm losing...insight requested....
- fierceman replied Mar 30, 2008
OK I think I misunderstood. I thought you were saying that liquidity is somehow better on lower timeframes. I didn't realize you were referring to EUR/USD liquidity in general.
I'm losing...insight requested....
- fierceman replied Mar 30, 2008
Not sure I follow you here... How does liquidity tie in with the "reliability" of a timeframe? If anything, lack of liquidity is more likely to screw you on lower timeframes. techtrader, I noticed you say you want people to tell you what you're ...
I'm losing...insight requested....