Understood. Thanks for the explanation.

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Thanks!

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Could you elaborate on what set circumstances result in $2100+ being unsustainable? Thanks.

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I was using 1hr, and you are correct, it never opened (or closed) above the upper range. No matter, I was out safely long before then at 0 pips p/l. Price is back to where I originally entered short but I won't re-enter. I have a general feel for ...

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That's my B/E hit, I'm out. Nice call Driver55, right on time for the DAX 10825-45 reference (10850 a couple of hours ago). Furthermore, S&P doesn't look like it's shying away from 2100 so easily. You might be right about that.. or at least 2150..

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I'll monitor that range. Cheers. Actually, equities aren't my forte so I'll set the SL at break-even and let it ride for better or worse. Back to FX (my warm & furry comfort zone).

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Hi Sisse, I'm not an S&P trader (I prefer currencies) but I took a calculated risk and shorted at 2090 on the assumption that there was more bias to the downside than up (at least down to 2070). Could you briefly elaborate on why a break above 2100 ...

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Sisse, If the SNB doesn't like the CHF being too strong (resulting in them intervening and buying euros to keep the CHF down/stable) what will happen when the EUR eventually goes to parity or lower? Doesn't that create a new problem for the SNB? How ...

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What if Santa doesn't deliver the prezzies at the end of the month? Sleigh might break down, Reindeer might contract foot rot, Santa himself might be depressed.. video

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In this case, the CPI is inline (expected, no surprise) so that isn't the mover. Core CPI, however, takes precedence over the general CPI because the 'food and energy' measurement in the general CPI apparently distorts the data analysis. If the ...

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Is this analysis still valid or have fundamentals changed?

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Yazzie, I couldn't reset via that link either. I went directly to the FXCM website where you normally login but clicked 'forgot password'. It should just ask you for a new password (not the old one) and send a reset confirmation to your email ...

FXCM Passwords Hacked?

None of this makes any sense!.. (a) a hacker gains access to user passwords even though they're supposed to be stored encrypted (b) a hacker transfers funds out of the trade account and not to the users bank account even though that is supposedly ...

FXCM Passwords Hacked?

I received the same email from FXCM about 10 minutes ago and changed my password. Jason, How on earth can this happen? In order to transfer funds you have to provide a password. That means the hackers must have access to user passwords. Are FXCM ...

FXCM Passwords Hacked?

Wait for the FOMC conference in 3 mins, then we'll hear what Yellen's thinking is (i.e. Dove, Hawk, Griffin, etc)

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Understood, thanks!

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Sisse, regarding Floor ⇔ Flip ⇔ Top ..would it be reasonable to assume that whichever extreme is reached first (Floor or Top) a swing to the other extreme will eventually play out at some point over the following months? (a) Yes, (in theory). (b) ...

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