OK I'm a bit late to the party on this thread but I thought that another old maxim: "Buy on the dips [if the trend is up] or sell on the rallies [if the trend is down]" was a common way of saying wait for the pullback and take your position. Also if ...

Query: Moving Stops to Breakeven

Yes I find that slowly but surely I'm heading the same way. I don't bother with reports in the European session anymore, and I only look for the big US numbers as possible days to avoid entering a trade or perhaps closing a dollar position early if ...

What moves the markets?

i meant delivering a speech or presentation like the other guys (and gals)!

Forex Trading Expo Casebook (merged threads)

merlin, how come you're not taking the stand!? i thought that forex factory should be up there with the best of 'em! i wonder if there will be a video recording or session transcripts made available so that those who can't attend can see what ...

Forex Trading Expo Casebook (merged threads)

hmmm...interesting positions! i thought i'd check 'em out on the charts although i have guessed where your entry points might be (blue & red circles). on the 30yr 114 seems to have fluctuated between s & r on the weekly. also from the monthly and ...

Bonds

running back down? — i think now it is under 117 it might drop quickly to 114. merlin is the "action man" on bonds so i'm hoping he'll comment on his shorts!

Bonds

Do you mean something like this?

EURUSD

A few questions — Merlin How did you work out the probability of each outcome? What are your definitions of economy strong, steady or tanking? Does MP alway imply a 25 basis point rise per meeting? The futures market has priced in rates to ...

Central Banks Watch

30 yr T: Make or break..? — On the monthly, looks like a rising channel about to meet top edge of a symmetric triangle? Who's gonna win? On the weekly we can zoom in on the rising channel. On the daily there has been a sharp rise on the daily ...

Central Banks Watch

heading back up? — if the dots reverse and go long, and the channel holds then the MAs or lower channel edge might be good entry points.

Stock Indices

Confluences — Hi Jim, I've been thinking over about what you've said about looking for these levels and have a few questions if you don't mind! 1. Do you prioritise them so that monthly/weekly is before weekly/daily, weekly/daily before ...

james16 Chart Thread

Yes I removed it! I thought it might be a bit too political for these boards. I thought if I made a cutting remark about the US govt then people might take offence. You just never know...

Gold Discussion

Please explain! — Merlin could you go through this chart and the terms used? I can see your buys and sells but don't really understand what you're doing. Thanks!

Stock Indices

UK100: Following S&P? — Like S&P, approaching the 62 fib but perhaps a little further back. Similar set up, similar price action. Its interesting to note that the bear bottom was about 4 months later than the S&P so this implies to me that ...

Stock Indices

Russell 2000: Will S&P Follow? — I thought it might be good to compare the S&P against the broadest index, the Russell 2000. I would expect similar price action, and it does look similar however the Russell seems to be going up stronger. I ...

Stock Indices

waves up, dude! — i'm not really an expert in the waves either (should i admit that?) but i do see possible resistance at 1296 once the 62 fib is broken. i tried playing around with fib fans and arcs but they weren't much help either! the only ...

Stock Indices

good point! i don't know for sure but i think the USD is the currency of choice for pricing pretty much all commodities. this might change with the euro in the long term though.

Gold Discussion

I think that certain commodities like oil will impact the dollar through the impact on the US economy. Not sure if gold has a similar effect. So in the case of a commodity like gold: If the supply/demand equilibrium is disturbed then this will ...

Gold Discussion

Another way? — Perhaps you could straighten the pole a little? Also check out: url

GBPUSD

Sp500: foot on the gas — Merlin said recently that the recent hikes in oil prices haven't put the brakes on the US economy. I thought it might be good to check it against the S&P and it looks like he might have a point. Oil has more than ...

Stock Indices