First buy signal since mid-Dec, I'm in from mid 104. Everything looking up on this pair now. Huge outperformance of the loonie against every single currency today (especially the dollar). Back above the weekly trendline, above the H4 downtrend, MACD ...

CAD/JPY

I'll probably sit on the sidelines until FOMC. Far too volatile. They just went down 2%, up 2%, and back down 2% all in about 36 hours. The 75bp cut barely put a dent into the de-leveraging and unwinding going on (and still to come).

CAD/JPY

You set a good example. Sometimes I get the feeling half this forum is at 400:1...

FED cuts 75 just now!!!

That's 0.50% in Japan and now 3.5% here in the US. Next week could see the US rate head down to 3%. Carry trade is still here b/c the USD is becoming a funding currency..

FED cuts 75 just now!!!

AUD/NZD getting crushed here by the underperformance of Aussie in this recent rally. Strange to see it underperform so drastically. Sterling, euro, kiwi, franc etc are all up 100-200 pips in the past few hours but Aussie is just sitting around half ...

Aussie Pairs

I think it was the comments out by German Economics Minster Glos - 3:37am "expectations for turmoil to calm, Germany not directly hit by US woes"

USD/JPY Discussion

Is he kidding? Or was this article published before August 2007? After we just witnessed three separate periods of 1000-3000 pip movements in the various yen crosses (each occurring in the span of a few weeks), how could you possibly say volatility ...

How to be a trader for a company?

Rallies may be capped as long as UJ sits below its monthly trendline (~108.35). The question is what does UC do after the BoC's rate cut this week? They're only expecting a 25bp cut for the loonie vs 50-75bp when the Fed meets next week. Dodge's ...

CAD/JPY

Not sure what you mean by this.. The forward yield curve is already factored into the backmonth yen futures, trading that against spot would basically result in a wash.

Has a profitable EURUSD pattern been found?

Appreciated it Interesting results. Just to confirm, are these full pivot point break signals, or just generated when the BB squeeze expanded beyond the trigger level? (irregardless of the central pivot being broken)

Pivot Point Squeeze, high probability system

True. In a stat arb sense, you could buy the Dow futures and short USD/JPY in hopes that the correlation "gap" is corrected. However, it's not a 1:1 ratio even when they are running in synchronous directions. There are so many other factors driving ...

Has a profitable EURUSD pattern been found?

Arb models drive much of the correlation, when they do run in tangent, it's typically synchronous movement (no lag or lead time). Lately we've been seeing the correlation fall apart. As the Dow was driven to new lows Wed, Thurs, & Fri, USD/JPY never ...

Has a profitable EURUSD pattern been found?

Agreed. MBT/EFX sadly aren't even competitive with rates so high. Hopefully these guys can match Dukascopy and IB's rates of $18-20 per million.

Currenex for Retail Clients...

You have it backwards, exchanging USD to CAD is the equivalent of selling USD/CAD. A surplus trade balance in Canada benefits the loonie, thus putting downward pressure on USD/CAD.

CAD export / USD/CAD price

Don't be silly. This pair trades nearly $1T/day on its own, discussing tradeable anomalies publicly isn't going to weaken any edge. *** Nice work TrevA. I remember coming across a study similar to this awhile back, which analyzed all pairs during ...

Has a profitable EURUSD pattern been found?

Ah, thanks for clarifying this. I was assuming dollar return, not pips/points. Regarding backtests, could you run one based upon 24 hours, rather than the 12-hour window? I'm curious to see how it differs. Keeping a cut-off time of 10pm Sydney (6am ...

Pivot Point Squeeze, high probability system

JohnnyFOREX, Am I reading your equity curves right? After 4 years, you went from an initial 125,000 to 126,938? That doesn't seem right..

Pivot Point Squeeze, high probability system

Something everyone should take a minute to ponder before jumping in long, that miss was pretty big. The BoE is clearly behind the curve. Their decision to stay neutral last week, in light of these figures, was a big mistake. This will put pressure ...

Cable Update (GBPUSD)

-0.4% Look out below!! Only Bernanke can save the day now for the pound..

Cable Update (GBPUSD)

If you're short now or planning to short after the retail figures come out, careful holding through the US pre-market. Off the rumor wires: 3:26AM "Some chatter making the rounds regarding a sunrise Fed rate cut tomorrow morning as equity markets ...

Cable Update (GBPUSD)