This system is shit. I have been placing the exact opposite trades and made a good deal of money.

If you want to lose your money, you might as well give it to a charity.

You are thinking like a contrarian which is good but are making a crucial mistake. If all the traders are yelling sell, then you should not be buying. You should be buying after everyone has sold. When a random man on the street is saying we should ...

Good luck then, but I still have my doubts about the EURO.

There is no blood on the street yet. What you are doing is trying to catch a falling knife. Better to wait, EUR/USD has little support below it.

Trying to catch the top. I failed but only a small loss. Low risk / High reward trades lets you take more trades because the odds will be in your favor.

Short to 1.3030. SL at 1.1315. GL to the shorts.

This would be a good area to take a short with a tight SL (1.2245 with SL at 1.2255)

If you look at a long enough timeline, gold is guaranteed to hit $50,000 eventually. If you mean today, then I think that it will get close but might or might not touch (I am looking at futures not spot so the prices might be a little off). It ...

Sell, Sell, Sell, Sell, Sell, Sell, Sell. No QE in the minutes.

I was long but I am now short. I think that we will slide and close at about 1.2365.

1.2600 was a good area to short with a SL at 1.261.

No. If the leave, they will have to do it over the weekend (5 PM Friday when US bonds close to 3 PM when Asia/Middle East markets open, all EST). They will have to create a new central bank and currency as well as capitalize their banks. This will ...

Yeah, me too.

Yes, buy after the capitulation stage and sell when the "public" gets excited. I don't really understand what you mean by up thrust. For example, a couple of months ago, the US indexes were capitulation. I waiting for the NY close as that would ...

And if you mean what the actual interest rate is today, you are looking for the Fed Fund Rate. Yesterday, it was .15% but can range anywhere from 0-.25%. Today's rate should be out later. url

That is the annual interest rate. For example, if I have a $10,00 loan with a 3% interest rate, after a year the balance will be $10,300. After the second year, it will be $10,300 plus an additional 3% ($10,609).

No, i'd say you are right about the charts making the news. The price will always follow the trends. The news will always play catch up. If we get bad news from the US, that could mean a weaker economy, EUR/USD falls or it could mean a higher ...

APR is actual percentage rate. It is the interest rate that includes all closing cost and other fee's and is required by law.

I think you have the whole concept of contrarion wrong. When people are buying, you should be buying too. The way I see it, when EVERYONE is saying this is going to go so high you would have to be stupid not to buy here, that is when you sell. There ...