AUDUSD short from highs or .9646 would be great. It looks like AUDUSD will resume its uptrend for another day or two so I will take profits at 38% and 50% retracement of today's move.

Cross Hedge EURUSD USDCHF

End of Day trades today are weak at best. Wall Street put in a massive reversal and spent daily range which decreases our potential reward for EOD trades. In the images here you see Blue and Red are coming together so we short EURGBP. Also EURUSD ...

Cross Hedge EURUSD USDCHF

Sounds like someone owns a hedge fund I don't have any numbers for you unfortunately. I've used the CCFp for a long time to formulate low risk trades and this EOD style seems to be natural for the CCFp so I'll post the trades going forward as a ...

Cross Hedge EURUSD USDCHF

Lenoxer, CCFp is a Complex Common indicator used to establish trends. You can read more about it here: url Complex Common (CC) is used to establish cycles or triggers to enter or exit trades in the direction of the CCFp. Use CCFp to establish ...

Cross Hedge EURUSD USDCHF

I put on a short NZDUSD due to this setup which coincided with resistance at .7614. Time of day suggests NZDUSD should be done running and the index indicator suggests we have seen the top here.

Cross Hedge EURUSD USDCHF

url I found this article after meeting BRV. It sums up the elusive "big dog's" game plan. BRV learned to trade at major banks and all major banks trade the same way. This is it. I think the fact the article is found on the NYFed website offers ...

No Brainer Trades

Predictions for 2008, 2009 and beyond. — Nice thread with good predictions. It believe USD will gain in the second half of this year 2008 and most notably in the final quarter of 2008. US FED will be forced to raise rates in a series beginning ...

whether would 2008 year become 2005 for EURO?

The difference between 1932 and today is the FED has not pulled liquidity out of the banking system it has actually injected tons of it. Excess money means inflation and any country hides its inflation in stocks and real estate. Last week Barclays ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks Lenoxer. I'm thinking about opening up a new thread devoted to the CCFp and technical analysis. I just don't see anyone else using the CCFp and I feel it's extremely valuable. You're 90% accurate in saying long USDCHF + long EURUSD is like ...

Cross Hedge EURUSD USDCHF

Barry are you comfortable going into this Trichet speech with an open position? Trichet is by far the loosest cannon in a central bank right now. His rate hike comment in June took the world by storm and rallied crude about $5 in a day. Now traders ...

Jacko's Forex House of Pleasure and Pain

The link to the PDF is the empirical study/definition of Support/Resistance used by banks worth billions of dollars. Sorry my post was not clear. We've wasted enough time in this thread. http://www.newyorkfed.org/research/e...2/0007osle.pdf

Gold Discussion

url Not trying to start a pissing contest here. This is support and resistance and this is how banks trade so I call the way I trade support and resistance. When in Rome... Potential is more accurate when describing any (100%) support resistance ...

Gold Discussion

Phil i gotta stick up for horizontal S/R here because i feel it's under attack. horizontal S/R can be violated 100 times and still be effective. Patterns are powerful and you only want to use these horizontal lines when something else lines up with ...

Gold Discussion

I think Barclay's said it best when they announced last week it's no longer a financial crisis but now an inflation crisis. Gold moves on global inflation and should not stop rallying until energy/food calms down. If you're looking for the top of ...

Gold Discussion

I'm very sorry for taking up thread space. Someone directed us to come to this thread to view the Sonray letter and a few people posted thoughts on it and honestly I did not mean to encroach on Jacko's thread. Very sorry. Have a good trading day. ...

Jacko's Forex House of Pleasure and Pain

So if all countries are first world countries then won't it be like doing business with other businesses in the USA, UK, EU? Sure some stuff like coding will be more expensive and perhaps some simple products will cost a little more to have made but ...

Jacko's Forex House of Pleasure and Pain

If you're confused by the sonray article try to put it in terms you can understand. I see a lot of praise in this thread for the article that tries to predict the fall of the Roman Empire in the USA. Sounds like some people are feeling put out. So ...

Jacko's Forex House of Pleasure and Pain

You are right Bhale. It's subjective. my info came from barclays. I don't know how to get the info anymore. My contact quit at Barclays. I know a guy that sends around Citi data but they don't post PPP on their daily updates. Sorry. I'm no help on ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

These are the tools we are given. I don't claim to be smarter than Barclay's analysts which is where I received the information on PPP many moons ago. Yes GDP is a composite of inflation and growth and yes the US cooks the books on inflation as ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

Good question. At least someone is paying attention. url

Silly Trader... When will you learn that fundamentals are the only way to trade?