Price action, as most visualise it, is IMHO less reliable than using one out of each of the series of 4 groups of indicators.

Thoughts on FX Price Action

Haha, I know. The young guys and girls working in the back office of the brokers will earn €30k per year, sadly and the reality is that's 30k more than 99% of retail traders make each year. I know of a small retail brokerage with less than 500 ...

Thoughts on FX Price Action

I'm guessing that Marc does this for fun and he is IMHO one of the best contributors for the news section. As the chief analyst for Brown Brothers Harriman I should imagine that his annual basic salary is more than most earn trading FX in their ...

Thoughts on FX Price Action

In terms of RORO its risk on

Unemployment insurance weekly claims report

Rupee has hit record lows v the usd recently, the spread ain't too good though, on any platforms, retail or otherwise.

Bernanke: A Century of U.S. Central Banking: Goals, Frameworks, Accountability

You're a real rarity. Particularly if that's a repayment mortgage you're one in a few hundred thousand. I know a couple of contacts who've just got cracking deals on massive mortgages in the more exclusive parts of Londonium.

BOE’s Miles: MPC acutely aware of household debt strains

Indeed, despite all the recent fundamental policy statements and news events driving the market, it's those crayon squiggles on waste paper that move the markets. I'm past despairing at the ignorance, apparently many technical traders spotted the ...

Bernanke: Clarifying QE timeline may have averted confusion

With oil at this level the damage to the weaker economic nations is considerable; whilst we may experience a few pence on a loaf of bread or 50p on a gallon of petrol and shrug our shoulders, for certain African and Asain countries that increase can ...

Bernanke Sets Cat Among the Pigeons

Average mortgage rate in the uk is around 5% with base rates at 0.5%, if base rates 'normalise' ( to only 5%) the housing market crashes. This was always the issue once central banks followed a 'cure' of zirp and QE. As Japan has proved it can ...

BOE’s Miles: MPC acutely aware of household debt strains

UK national debt passed one trillion last year and many analysts have uk combined debt at circa 600% of GDP making it one of the, if not the worst on the planet. It's the elephant in the room that the BoE and uk govt cannot solve or brush under the ...

BOE’s Miles: MPC acutely aware of household debt strains

The stock phrase is that you don't trade the news, you trade the reaction to the news.

Minutes of the Federal Open Market Committee

It's a puzzle alright, how to exit QE to infinity without the bond and equity markets collapsing...

Many on Fed Want to See Further Jobs Improvement Before QE Taper

I'm Spartacus!

Why You Should Become Familiar with “Risk-Off” Again

Bingo.

Why You Should Become Familiar with “Risk-Off” Again

Point taken.

Why You Should Become Familiar with “Risk-Off” Again

The spread between WTI and Brent has closed dramatically over recent weeks.

Oil prices climb higher after EIA supply data

The RORO phenomena is not almost "irrelevant" to FX traders and zirp has been a factor amongst the major central banks since the start of the great recession whilst RORO trades were at their simplest to identify.

Why You Should Become Familiar with “Risk-Off” Again

A link url A further explanation of why it may be time to sit up and take notice url

Why You Should Become Familiar with “Risk-Off” Again

Are Boston Technologies still plugging into it?

Official release of MetaTrader 5 for iPhone

Hmmm, many of the 'normal' correlations have been missing from FX for months, whilst PMs have not been the usual safe havens.

Why You Should Become Familiar with “Risk-Off” Again