Trading currencies by the trillions just about tops the list of daily irrational behaviours, for there is no way a mortal would be able to make sense of the many global Powers That Be on fundamental basis. With that in mind. how is it possible that a trader would be able to trade anything at all, and walk away with consistent profits to boot? The answer to that is simply that the smart trader does not trade the underlying instrument, he trades other traders. And more so, he trades their pain and incompetence. He trades the fact that they have to react to their many mistakes to protect themselves. He exploits predicament and agony. all of it highly visible on a technical chart. To exploit others more than being exploited himself should be the ultimate satisfaction of many traders who is not in this business out of philanthropic idealism or to indulge in masochistic tendencies. BV.