I'm a firm believer that EW principles can be applied to non-trading markets. I believe it does a good job in predicting human psychology and its reactions to new events

EurAnalysis

it's always interesting to read these rouge news sites but I'm not sure how one would factor what they say in to their trading except for conspiracy theory entertainment

EurAnalysis

calm before the storm? interesting to see the VIX down so low when it seems like nothing has been really solved fundamentally

EurAnalysis

Curious, not that it really matters, but how does forex live know who the buyer is?

EurAnalysis

trading is a zero sum game on top of that if your broker takes a position against you every losing trade is a win for them

EURUSD

talk about a bull vs bear battle

EurAnalysis

such a chicken = not a pig = not slaughtered =

EurAnalysis

FIFO sucks, you can sort of go around the second two rules with Oanda, I enter my positions so they differ by 1 oanda unit (equal to 0.00001 lot) so the rules don't apply and I can close them in whatever order I want since they are positions of ...

EurAnalysis

SL hunt more like reality setting in? Merkel: No Leeway For Greece Cannot accept loosening of agreed reform pledges Expects quick formation of stable government Must fulfill commitments to international lenders Must be a common position from Europe ...

EurAnalysis

dunno if anyone else is listening to the chit chat on the ekathimerini blog but the opposing groups don't sound too cooperative at the moment 23.00 LAOS chief Giorgos Karatzaferis: Despite the undermining and betrayals we shall remain standing. ...

EurAnalysis

LOL @ cart in the background

EurAnalysis

i prefer the MaxDoom translation

EURUSD

well heres what google chrome said was written in chinese... you guys can do the formatting into paragraphs if you really care lol Greek general election or will drive the market to fluctuate significantly, the euro uncertainty at 12:52 on June 15 ...

EURUSD

i've been through my share of accounts, and im not even sure if the current one is me getting it "right" but each time i blew up an account, i took a step back and analyzed the failure: was it me? was it the system? what caused the initial failure? ...

How Many Accounts Did You Blow Before You Got It Right?

hrm i haven't got that message yet, but one things for sure theres definitely gonna be some covering this friday

EurAnalysis

True, a correction was certainly in order I guess it may have added uptrend just slightly but also had the bulls correcting the plummet which most likely accounted for majority of activity

EurAnalysis

Reminds me of South Parks episode on world of Warcraft, was gonna post a gif but it's kinda gross lol

AUD/USD

not sure if this was discussed but do you think part of the spike today during NY could have been SNB defending the 1.20 peg on EURCHF (or simply many traders with buys in EURCHF hoping for massive intervention)

EurAnalysis

Thanks, I was wondering what the chit chat about Farage was all about

EurAnalysis