Purple line is value image

EURUSD only

Value of the Euro is way way below the market (my models say around 1.16500). I am short at 1.1800 Also the market makers are very bearish. Here is their pricing up of the market: image

EURUSD only

Doc, how is Ian going to convince you of something when you dont trust the opinion of someone you know and respect a great deal? What does it matter why he teaches and if he is rich or not? I can give you satisfactory answers to both those questions ...

Institutional Equivalent Education?

If you are in anyway serious about becoming a professional trader then I highly recommend you attend this webinar. There is no one else out there who knows the markets like this man does.

Institutional Equivalent Education?

url

US and Euro stocks mounting one more rally before crashing?

I dont pay too much attention to the COT as I am a day trader but here are a number of things to look out for. Only really useful for the first two to three days after the release. Generally you should trade in the direction of the large spec. Look ...

The Swamp

I prefer the way this site represents the COT data where the nett positions are adjusted for the OI. url They have been reducing size as value on the euro is lower at around 1.5550 (see the purple line in the chart below). However we are starting ...

The Swamp

My thoughts are that equities have definitely peaked and there are only downside risks at the moment. FED is in a rate tightening cycle - negative equities Yield Curve is coming closer and closer to inverting - Signals a recession DT is enforcing ...

US and Euro stocks mounting one more rally before crashing?

You can get that data here... url Its updated twice a day at 7am and 12:30 UTC on a 24H cycle so you will need to note down the previous sessions numbers before you refresh for the update or make a spreadsheet like I have to automate the process. ...

A little bit of give back

I risk 0.5% on a trade and generally make between 1-3% a day return. With Rays teaching I have been able to narrow my stop on 6E (EURUSD futures) to around 8-10 points which is roughly 4-5 ticks on the spot. So price doesnt have to move much for me ...

Institutional Equivalent Education?

Market has priced in a bull flattener at the moment till Wednesday. Bull Flattener generally a risk off environment which is bullish for the Yen. Flattener is playing out now

(binned per thread starter’s request) World Currency Unit

You are right, that is a terrible trade. No wonder retail traders struggle if that is the advice out there. I bet that was put together by someone at Goldmans. This is where you trade should be. Entry at the green arrow where the liquidity is. ...

EURUSD only

image short term value is coming off so about right to get off now also considering the time of day.. long term value is around 1.1700

(binned per thread starter’s request) World Currency Unit

cool, so did I.

(binned per thread starter’s request) World Currency Unit

I agree with VEEFX, currency vs currency correlations are not going to work when you try build an EA or indicator for this. This is not what drives the markets. One day you will find that the WCU is lagging and the next its leading the EUR. If it ...

(binned per thread starter’s request) World Currency Unit

Not sure why you would trade DXY. Might as well trade the EUR and get a smaller spread. They are virtually the same thing. Here is 1/DXY vs EUR image

DXY

The NFP releases have become less important as the US is at their full employment target so it doesnt really matter what the numbers come out like unless its a really big miss. The more important number is the Average Hourly Earnings as this has an ...

Fundamental Trading Always beats Technical Trading 100%