An unfettered free market would absolutely cause both those things. The whole point of Keynesian economics is to dampen those effects. Whether it is an ideal or practical answer is another matter, but history has shown that it is one of the more ...

james16 Chart Thread

Insight? Never. Random thoughts? Sure The problem with the whole 'commodity currency' thing that people love to throw around is that it sounds nice and commonsense - until it breaks down. You have to look at overall market sentiment. In normal ...

james16 Chart Thread

This is way more important than people realise. And sadly, most people will skip your post and move onto the next chart they see. When starting out, we all run around the charts, looking for the magical bar with the right shape and not caring about ...

james16 Chart Thread

Welcome - and dont worry, we have all been there. Well, except maybe mike, because he is some kind of trading robot. The guidelines, material and assistance in here is more than enough to make you profitable. Take advantage Just like program ...

james16 Chart Thread

haha. I can see a new system in the making - when dealers go to lunch, they are going to be buying pies... so, therefore, we should go long MA(3.14159) at 11.45am and do some front running! image

james16 Chart Thread

I'm not really sure why an x period moving average would be any stronger or more relevant because it is a 'fibo number'. Moving averages only have 'power' when they are widely watched - so you get relevant things, like the 365 on the dialy timeframe ...

james16 Chart Thread

Clearly, the holy grail is to build a system which combines indicators 4, 8, 15, 16, 23 and 42

james16 Chart Thread

As always, amazing stuff Aaron. You have a way of articulating deep thoughts and complex concepts in a simple, straightforward and honest way that most of us could never dream of matching. And we get it for free. I'm glad you said that. It always ...

james16 Chart Thread

All of these work better with alcohol. Well, maybe not climbing. Now that is a longterm goal. And, I suspect, not an unrealistic one...assuming you dont fall off the side of a mountain Most of mine are pretty modest... usually involving Aston ...

james16 Chart Thread

Compared to other forums, there is definitely a skew towards the younger generation here. Well, that and scammers. Probably something to do with the nature of the instrument. Look at any stock forum, and it will be ~90% baby boomers who read some ...

james16 Chart Thread

Exactly. My reasons are the same as fxe's. I see a big strong bearish movement, and that pin is nowhere near enough to make me think that the market is suddenly going to change its mind. Same as the pin about 6 or so bars prior (although this one at ...

james16 Chart Thread

Short on a failure, bank much pips.

james16 Chart Thread

haha. At that point, I think I walk

james16 Chart Thread

Australia: just as dull as ever. Might be visiting your part of the world soon, if only for a night or two. Couldnt have put it better myself. Everyone is in such a hurry to include everything they can, so they dont realise they are just ending up ...

james16 Chart Thread

Amatuer traders make alot of assumptions about what 'the big boys' are doing. They are almost always wrong. Usually because they are beginning with the flawed premise that big money is a homogenous group with the same aims and horizons. Unless ...

james16 Chart Thread

'Big money' is a pretty vague term. A swing trading hedge fund is going to have a different time horizon from a bank hedging currency risk who will have a different time horizon to the SNB. Your ideas intrigue me, and I wish to subscribe to your ...

james16 Chart Thread

That's what I was trying to get at People get confused by conflicting fundamental signals, then miss the important part - what the market actually does is far more important than what you think it should do. No matter what you were doing, I ...

james16 Chart Thread

Something tells me we have an engineer in the house By the time I am ordering pizza, I have difficulty dividing it into halves ----- For anyone being driven to distraction by the low liquidity, this guys trading blog is really good. He ...

james16 Chart Thread

I assume that is why they adopted a system of eighths, rather than the Greek system of decimals. The real was the full demonination, and the reale was worth 1/8th of a real, both of which were minted coins. Then you could cut the reale into 8 ...

james16 Chart Thread

Why would we assume that increasing the cash rate would devalue a currency? *edit* it wouldnt, and my comprehension skills are about the same level as those of a duck. Not even a smart duck, either. And, if everyone expects it, why do we think it ...

james16 Chart Thread