And 75% of the retail fish are trying to swim against it. lol

The Club!

Because all the weak retail longs haven't received margin call yet.

The Club!

Hi KK, Usd/Jpy will prolly pop higher (as will all the yen crosses I would think). It will prolly pop more once debt ceiling gets resolved.

EURUSD

Forex Factory: euro short 65% Alpari: euro short 73% Oanda: euro short 72%

EURUSD

The last few days of PA has forced me to rethink my long term wave analysis. I still think it's just a matter of time before price breaks thru 1.3710, but now 1.38 isn't the ceiling it's just the 2nd floor. It's still the likeliest reversal point ...

EURUSD

After the 08 crash, the correlation was at it's highest. And that is because the market generally accepted a dynamic that stimulus by the FED, which weakened the USD, was good for global growth and increased demand for oil. Now, your clever little ...

EURUSD

Oh kiddo. You just proved Gator's (and my) original point. LOL The reason they are correlated has NOTHING to do with the fact that both are dollar based pairs. NOT A THING. Your statement assumes that any pair that is dollar based will be ...

EURUSD

I'm going to pass trying to explain in detail why all USD based pairs aren't even close to correlated to each other. Just remember this, if they were all the charts of the crosses (eur/aud, gbp/nzd, eur/cad, eur/chf, any yen cross, etc. etc. etc.) ...

EURUSD

Just like the markets have recently moved out of a period where the DOW and the euro were significantly correlated.

EURUSD

Yup. There was a significant period of time where euro and oil moved in tandem. I was sitting at my trading desk monitoring the charts in real time, watching it. Whether it is causation or correlation is basically irrelevant. That is for a ...

EURUSD

No, a chart comparing the percentage change of oil vs the percentage chart of euro would stay flat. You are just showing the price of oil in euros. That is not the same thing. Sorry, try again.

EURUSD

It won't get confirmed or denied for another 22 trading days.

EURUSD

I am super cereal

EURUSD

No No No, Draghi speech + Bernake speech + Obama speech = ......

EURUSD

Need to wait for BB later today to see the close but atm it's a bullish outside candle. Dixie has moved below last months low and appears to have continued on Sept's bearish outside bar. Lots of cross currents in the market atm but bulls might be ...

EURUSD

A storm is brewing on the horizon. You can bank on that.

EURUSD

Nothing is sure in forex. But there is a theory that the market will usually do what inflicts the most pain on the largest number of people. So, the COT report can be interpreted as a good sign for bears.

EURUSD

ha, so true. That's what Chandler's "expert" technical analysis is in the article I posted.

EURUSD

A lot of traders have gotten slaughtered by the euro for the last few months. And the latest COT report has the largest net long position since May 2011. Their heads might be on the proverbial chopping block. url

EURUSD