These are interesting things to ponder. I spend lots of time analyzing past charts attempting to find some type of pattern with respect to which way NY takes price when London closes. Still looking, haven't found anything conclusive yet. It would be ...

Ramblings of a Forex Junkie

GU sucks, I rarely trade it any more. All the other pairs EU, EJ, GJ, and UJ paid out on the NFP trade today.

Ramblings of a Forex Junkie

NFP was a winner after all. I let my bias get in the way. The third inside bar went 4/1 so I hope some of you didn't bother to listen to me. Its ten for ten now. Gotta get that bias out of my head, it still creeps in now and then.

Ramblings of a Forex Junkie

I am just joking about the pattern. It is just a coiling of price. It looks like right now it is potentially having a fake breakout. EDIT: I don't trade these. I just like to watch them play out. EDIT: Rebound

Ramblings of a Forex Junkie

Its failing, I hope the price doesn't put a hole in my boat.

Ramblings of a Forex Junkie

Here I show how to trade the wedge.

Ramblings of a Forex Junkie

Something's gonna happen soon.

Ramblings of a Forex Junkie

Tantum I have a question. I am not an options guy I understand DNT and DDNT and I know with vanilla the goal is usually to have price as close as possible to the strike so they go out basically worthless. My question is, What happens to all those ...

Ramblings of a Forex Junkie

Last week high at 475. If any of you did go long that would be a good target.

Ramblings of a Forex Junkie

Out. I just don't see the strength to go up. If it does it looks like it would be a slow grind. Wow this breaks a streak of winner NFP trades at nine. Is a no trade considered a loser?

Ramblings of a Forex Junkie

If the first IB is broken up I will pull all my orders and end my week.

Ramblings of a Forex Junkie

Yes ten o'clock cut will probably start the move one way or the other. We have a long way to go to the upside to get to any stops. On the down side they should be stacked up just below 80-75

Ramblings of a Forex Junkie

Purely speculation on my part I have no inside information, but I am sure only the CB's and tier 1 banks have the power to start these big moves. Of course their moves begin to fire off all the indicators and price action triggers and cause other ...

Ramblings of a Forex Junkie

Yep its a stacked deck. That's why I try to figure out where they have their orders and take advantage. Value is at lows. Expensive is at highs. If they plan to take out the highs they will typically seek out value first.

Ramblings of a Forex Junkie

Watching paint dry is more fun than this. Also more action.

Ramblings of a Forex Junkie

Most of the time it will be the news that pushes price into our level. Just as happened yesterday when Draghi opened his speech with the downside risk language it was just the thing the banks needed to push price into the weekly low and trigger the ...

Ramblings of a Forex Junkie

It looks like the fundamental traders want to buy and the risk on risk off types want to sell but right now nobody has the stones to pull the trigger. S&P opened down six and was as much as down 20 in the first minutes.

Ramblings of a Forex Junkie

If it goes up it will do it without me. I am ok to miss a trade here because it doesn't seem to have any strength.

Ramblings of a Forex Junkie

NYSE open in two minutes; it will go somewhere eventually.

Ramblings of a Forex Junkie