Yeah as always it was like trying to surf Pipeline trading it (with great white sharks out to get you). I'm very sure commercial managed to empty many more retail pockets from the fakeout and massive plunge underwater shortly after. Same old thing ...

Mixed Reactions in the US Dollar to the Non-Farm Payroll

Well if the one line twitter statement says it was 'nothing but short covering' then that must be the answer then ... (sarcasm).

50 pip move in EURUSD on nothing but panicked shorts covering

Back to filling the markets with hot air .. things must be bad .. mostly due to all the hot air that we previously injected into it.

FOMC Statement

Yes, fundamentals is the energy, technicals are the road map.

EUR/USD Falls From Double Top to Test Short-term Bullish Trend

It's a candle stick chasers market lately. Nothing, then boom, then boom, then nothing.

The truck that just ran over the euro bulls was….

It was a locomotive move, strong and long, more than just a retail move. Could be the first of several waves, just retraced 38.2 (on AUD) in corrective pattern.

Leveraged lads up to no good again in the EUR/USD

3 of 3 is where you want to be !

Get Ready For Stock Market Collapse In 2012

I guess we all got it wrong .. WWIII being about Nuc's. It's a passive aggressive war all about currency and markets.

China says can't use reserves to rescue foreign countries

Yeah that 13 trillion deficit is worth billions, its amazing !

Preview: US ISM Manufacturing Index Likely Strong

Less cash reserves is safer in this environment ? I would have thought the opposite to be the case.

China brings forward easing to stay in step

It will crash, but don't expect to hear about it in their official figures, expect in things like exports from other countries like Australia into China.

Marc Faber - Be careful, the Chinese economy may crash

I ended up 10 pips ahead for the night on the AUD, 40 for the day, that'll do me ... I don't go for home runs. AUD spiked about 280 pips in 5 minutes at the release of this news. Be careful out there with this one, in my opinion it needs to take a ...

FED, ECB, BOJ, BOE, SNB, Bank of Canada lower swap rates

Well I doubt there are that many candle chasers sitting out there waiting for a record candle to buy .... this was a combination of retail stops going off like a million mouse traps and commercial buying them up, ... its the same old retail trader ...

FED, ECB, BOJ, BOE, SNB, Bank of Canada lower swap rates

I feel for the other guys on the wrong side of this freak, but remember this isn't the market we trade and during 'normal' times these events don't happen. I remember in the GFC Buffet bought a good whack of GE and cost me allot of money on a big ...

FED, ECB, BOJ, BOE, SNB, Bank of Canada lower swap rates

Yeah I got hit hard too, the candle chasers win one. No warning, no respect for the market.

FED, ECB, BOJ, BOE, SNB, Bank of Canada lower swap rates

There are reports from people in high up places in China that economy is ready to go off a cliff .... the figures released are not to be believed.

China cuts banks' reserve requirement ratios

How's does a currency price in the fact that it may not exist soon ! It's a catch22, if it priced in it's non existance, then that would be enough to make it non existant.

If the the euro is on the verge of falling apart, why has it not plummeted in value?

yeah yeah heard it all before, month in month out.

'Merkel and Sarkozy Are Viewed with Suspicion'

Too much debt everywhere and more debt to get out of debt.... if you are stuck in a hole then stop digging. And yeah there is going to be sluggish growth IF we are lucky. Stop a recurrence, then stop the debt bubbles.

World economy counts cost of euro zone dithering

I think there is never a better time to trade than now myself. Even MA crosses work in this market, scalps move further than normal, channels are wider, means are larger, deviations ranges are bigger ... the main risk is being hit by news in the ...

Oanda to Clients: Stay Out of Currency Markets