market is clueless, and so am I.. Me too .Hopefully they can clear the 163'10 area.I ve been making it and giving it back all morning .I agree That 30 minute is still ponting up but is the lows at 162.30/15 are taken out that could change.Still ...

Daily EUR/JPY analysis

Looking to short a bounce off 163.50 area — Short term trade if it gets there

Daily EUR/JPY analysis

Still feels a little heavy — Looking for fresh break above 163.10 but weak sap ,dow futures may limit topside.I will short a break up to 163.50 if 163.10 is cleared

Daily EUR/JPY analysis

out at 162.66

Daily EUR/JPY analysis

Btw I'm quite new in bussines - can you give any suggestion how to use stock indexes for currency [good thread or website?] __________________ seach ff for dow correlation/ s&p correlation/ carry trade

Daily EUR/JPY analysis

1)163.16 is the 78 retrace of 163.88 -160.52 2)163.28 is the 618 retrace of 165-160.52 3)daily piv resistance at 163.37 4)psych level at 163.50 . If it can clear all these levels i would say the uptrend is good but i am probably gonna start going ...

Daily EUR/JPY analysis

I am not seeing it on esignal

Cesarnc's market talk, gossips, rumours & fun

Man i miss SA — The US is trying to stop a housing market that is in free fall (by dropping rates they make it easier for people to buy or keep their home((in theory anyway)))and jumpstart the economy with cheap money.

South Africa - rock RAND roll

Depends on your brokers business model .Check whether they are a deal desk,ECN etc based, Btw can I be your new friend

If I win 10 million a day

i don't believe that there is a 'predictive' edge. (and neither does Mark Douglas by the way). I second that its an awesome book

Is the market random or not ?

Please try to read the document to understand what a random walk is.. you basically wouldn't be here if currency charts (which does have bias towards interest yielding pairs, btw) were a random walk through prices - you could not have any predictive ...

Is the market random or not ?

Are these the same guys that proved beyond a doubt that a bumble bee cannot fly.Trading is far from a science, it is a world filled with gut feelings hunches and tip offs sometimes i sit in front of my screens and i just know where the markets going ...

Is the market random or not ?

The best analogy for me is the ocean .When I look back over the previous posts of people claiming the market is not random I stagger,I feel my world is coming to an end.I can only come to a handful of conclusions.Every one knows there is order in ...

Is the market random or not ?

To be fair i think most of the differences in opinion stem from the quantification of the randomness.The original post did say "Short term trading is completely random" and i would say the "completely" is incorrect but the market is still ...

Is the market random or not ?

Price action consists of repeating patterns, events (random or scheduled), and noise. I do agree the market is not random, or else I'd have been out of here a long time ago.[/quote] The market and its participants are random but the outcome is ...

Short Term Trading is Quantum Physics

I met a hedge fund trader who managed 300 mil of opm.He told me that the biggest loss he ever incured was in 2 minutes .He was trading manually and without stops and went to take a piss, when he came back he had lost a lot of his own and a lot of ...

Is the market random or not ?

Any thing can happen — Why?Because ther are always unknown forces operating in EVERY market at every moment,it takes only one trader somewhere in the world to change the entire course of the market.Thats all only one.Any exception that may ...

Short Term Trading is Quantum Physics

BTW I did not use the word " predictability" — Quote: Originally Posted by Pavlov's Dog image If you think thats B.S put your entire account on the line in your next trade.If you cant do that then you acknowledge this ...

Short Term Trading is Quantum Physics

un·pre·dict·a·ble image 1.not predictable; not to be foreseen or foretold: an unpredictable occurrence.

Short Term Trading is Quantum Physics

random adj. 1. Unpredictable (closest to mathematical definition); weird. "The system's been behaving pretty randomly."

Short Term Trading is Quantum Physics