Yoiu really don't need to look to get into trades related to news within the first few seconds or even the first few minutes. Look at the last CPI report: Everyone expected markets to tank (risk off, short euro/gbp/etc) with a higher than expected ...

Risk on/risk off works well with other currencies besides EUR/USD. The Pound, Kiwi and Aussie also work the same way. When markets are risk on, basically everything priced in dollars that isn't a haven when things are bad (gold, treasuries, Yen) go ...

There's only one thing which can alter my overall bullish opinions on stocks and oil and bearish opinion on the dollar: The Fed. Let's go back to when the financial crisis was still relatively young-the summer of 2007. By then, we had already seen ...

After seeing Brent crude bottom just under $68, while the S&P was down a bit over 1%, traders started buy both and the dollar pulled back form the gains it had made. Right now, if you're overall bullish on stocks, oil and inflation, which I ...

So if we look at the dollar's reaction to the NFP, we can see why everything works like a currency pair. As the dollar got stronger, 'pairs' like OIL/USD and STOCKS/USD went down on the charts (the dollar gained while stocks and oil fell.) When you ...

Euro target 1.40 is alive and intact, especially with the Fed saying this week they expect inflation to quicken. Aside from further strengthening the bond bear market, that kind of language implies the value of the dollar will be decreasing because ...

Post #2333

I look at everything the same way I look currency pairs. When one side is appreciating it means the other side is depreciating. So it makes sense to view increases in stocks and energy prices as the dollar depreciating against those markets. ...

That was quite a head and shoulders set up!

I really do believe in the new normal correlation: More QE = stronger currency

You could be right. I got long again at 1.2430. With all the discussion about how Dragi might do a repeat of September, he basically did the exact opposite.

Right, no more front-running lol

Not long euro/usd at the moment due to the risk of the ECB making a comment along the lines of 'a stronger euro will dampen our inflation expectations.' While that's likely to cause the euro to back off a bit, the upwards momentum should maintain. ...

My best trump trade was going long on USD/CAD. Every time something came out regarding his moves against NAFTA, the loonie would go into freefall. Thanks, trump, now drop dead. Please.

Today was probably my best day of trading. With Flynn pleading guilty and then reports saying he would testify against trump (whom I viscerally despise), along with all the talk regarding the republican's pathetic joke of a tax plan, I decided to ...