this is a very weak up trend if a trend at all. On a more long term basis, it is more of a symetrical triangle pattern as the price consolidates showing that neither the buyers nor the sellers have a clear direction, and it is awaiting for a ...

Trendline Points Clarification

it's true. Waiting for a trend to establish before jumping in is much better risk/reward for the trade. Thanks for the reality check that "one must see the price commit in a direction" in order to justify a simple, yet very important concept that ...

how to catch the whole move

yep, i'm in the U.S. also, and I only trade the U.S. session, though once I get better, I should look into the night runs

What research do you do when not trading?

if you are looking for price exhaustion, are you looking to fade the move? Can you explain what "price exhaustion" is? I look for daily pivots, yesterday's high and low, and monthly fibo points (if they so happens appear on a day)

What research do you do when not trading?

yep, I also check fxstreet, but I get a vibe that most of the articles, etc... are trying to sell you something. When you say make plans for next trading day, can you elaborate on that? Do you mean anticipating the moves, and have a planned reactive ...

What research do you do when not trading?

we'll see about PCE tomorrow. Today's data is mixed, though not surprising.

The EUR/USD Rally-Still Dead?

I use the efxnow commentaries as my news feed. Not sure how much of it it's true, but I am pretty happy with it as it is interesting.

Good source for Fundementals/News

http://www.bloomberg.com/apps/news?pid=20601068&sid=acnYWchujg_0&refer=economy yep, hawkish.

The EUR/USD Rally-Still Dead?

yes, your daily pivots should change daily, weekly pivots should be new every week, and you guessed it, monthly pivots change every month.

Pivot point help

the market, just like the road, is constantly changing. As a driver, one must constantly adapt, follow, and take action in correspondence with the changes.

Fundamentally-The Euro Rally is Dead:

6. Record what MNI News Feed are calling for areas of bids and offers can you explain that a little bit? I would like to know where the big bid and offers are too.

what's your daily morning research routine before trading?

i've been looking into COT reports, and what I've been pay attention to is the Net positions in the non-commercials and whether they are rising/declining from last week's data, open interest and whether they are rising/declining from last week's ...

The COT report

I got the pivots points up from the files that were in the link above. I like it, but how do I remove them on demand? For example, I was playing around with it and I put on the weekly, monthly, etc...but I couldn't remove the weekly, monthly after I ...

indicators, etc...

ahhh I see, makes sense. I do not know anything about bonds and that explanation, as you said, is very simple and clear. I also very much appreciate narafa's detailed explanation as well. Thank you guys. I also want to gauge the bonds market now in ...

The EUR/USD Rally-Still Dead?

part me on my confusion, but an increased interest rate is very good for a fixed security no? Please elaborate for me.

The EUR/USD Rally-Still Dead?

from the looks of the article, it seems like the USD and EUR are in good shape heading into 2007. One thing I don't get is that: "Dec. 16 (Bloomberg) -- European two-year government notes posted a second weekly drop after European Central Bank ...

The EUR/USD Rally-Still Dead?