Getting started — One thing that you might consider, Adri, also is to think long and hard about whether you really want to do currency trading and you want to accept the losses, the challenges, the odds against you, and so forth. If you decide ...

The 5 year old strategy — Jacko, this is one of my most favorite comments ever written on FF. Gosh, I've made things way too complicated at times. I remember meeting a trader who taught his 8 year old son to trade, and the kid would come home ...

thanks to samuri — I love the thought that Samuri started this thread. There is so much talk about "Such and such a thing will never work" and so forth, and this thread has become a really nice reminder (and polite) discussion about the fact ...

Japan's economy — This is a start on a thread about economic news and analysis: url And I would think that there's an even more complete thread on the same topic in FF someplace. Here are my thoughts about the Japanese economy. I am not a ...

Knowledge and Confusion — Mike, I've learned for myself, and seen it in many others, that the more they or I learn and then try to apply, the more confused we can become. To me, this doesn't mean that we have to stop learning or reading books ...

Usdcad — I also talked about whether the CAD jobs report would be enough to start a correction of the trend that had been so strong upward. Well, the NFP reaction tried to fight back but so far it's losing.

Eurcad — I just wanted to explain one reason I thought the EURCAD could fall further to the 1.5330 level. The chart is attached. The top of the channel was a good target. The next target, that I'm sorry I didn't talk about (mainly because I ...

Making money from trading — Alcastro, you've brought up a great point! Can you tell me: what would you want to know from some of these traders? What kind of questions would you like to ask these traders? Can you list some of those questions ...

awesome! — David (hanover), I really appreciated what you've written here. Some thoughtful remarks that I haven't before read anywhere in the same place. Thanks for taking the time to share!

Nice charts! — Those are some great charts! Thanks for posting those!

Update on AUDJPY — The trendline worked nicely for a sell -- which obviously from my previous posts I didn't take -- and it's great to hear that a bunch of you made a lot of pippage from the trade! An updated chart is below.

Total Loss — The Alternate System ======================= Oops. I was not clear enough about what I meant here. Thanks for asking for the clarification. The alternate system was the new york box system. That system is described in the ebook ...

NFP system — First of all, the 'system' is preliminary (which is why I wanted to reward someone to be able to share improvements -- and to restate what I've been saying -- the developer of the improvements owns the improvements, gets the ...

Remember the Context — The January report can often be a huge one -- and cause a lot of "rethinking" about rates and stuff. But the bigger picture is that unless we get hot inflation, like a MOM increase to .4%, the Fed simply doesn't have the ...

CAD jobs report — 62,000 jobs vs. 16,500 expected (which you already know by now). And this type of difference between actual and expected really can cause a move. Keep in mind, too, that: 1. The USD/CAD has been trending upward for a very ...

Revisions — Ghostpipper, if you back to page 1 of this thread, I posted data for the NFP, including revisions, back to 1999, or even a bit earlier.

Reverse the move? — Yes, I think that a number below 100k revisions lower would be enough to reverse the recent dollar strength. On the other hand, both of those happening is unlikely. More likely is a number below 100k but not downward ...

Revisions — Merlin, thanks for hosting the party! What I mean by revisions is that, for example, tomorrow when the December jobs report is released, that there will probably be revisions to the November number, and maybe to the October number. ...

Revisions — It seems that whomever is compiling the stats for the BLS is always wrong about the initial release. The revisions are coming now every month, it seems, and they have been revising the numbers upward. you're right...the revisions ...