Two most conservative presidents since the depression: Calvin Coolidge and Ronald Reagan.

US Markets — In most cases no. When news is good for the US it means investors will invest which usually means the Euro moves up. Initially when news comes out that is good for the US the Dollar might advance for a bit but then the Euro takes ...

Value and Risk — You can pretty much count on the EURUSD, for example, to follow the equity markets based on perceived value in the market or perceived risk, at least enough to trade it successfully. This is really what trading is all about in ...

Momentum — I have come to see that reading charts is somewhat like trying to drive to Chicago by looking out the rearview mirror. As retail traders we are at the mercy of the people who make the markets move (the movie Margin Call comes to ...

Mike, I don't think we disagree at all in fact, the portion of your quote I edited above is exactly what I was getting at. BTW, have you read, Thinking: Fast and Slow by Daniel Kahneman? You might be interested in what he has to say. Paul

Confluence — Mike, I am interested in this statement from your above comment, "To me it's all about the confluence story and location PLUS that divergence that may signify a larger reversal verse a short term pullback(like in a strong trending ...

Divergences — Statistically I have studied divergences from RSI (as well as Reversals as per Andrew Cardwell). My findings regardless of time frame (or the currency pairs I have study, primarily US majors) show that divergences most often ...

NFP — Agree.

Unemployment — This is a good question and is an indicator of the direction momentum will take when trading the EURUSD. When the news is good in the US there is often a momentum for the Dollar temporarily but this is mostly people vacating the ...

Okay! No problem. This doesn't sound like a forum but a clique. Very touchy group of traders here.

Because you say it's ridiculous, doesn't mean it is — When you trade with momentum, you actually remove the threat of draw downs; so I agree. But most Forex traders don't increase each day, they decrease.

Not starting another thread. — Not trying to start another thread; just affirming the reasoning behind this one.

Momentum First and then the Signal — Momentum is traders in the market with power and money. They are the ones that influence the markets. Statistically I have studied RSI for over 3 years using Andrew Cardwell's little know RSI Reversal ...

RSI Paint Indicator — This chart is really simple. The Red lines on the RSI are RSI Negative Reversals as discovered by Andrew Cardwell, the green lines are RSI Positive Reversals, the dashed purple lines are negative divergences and the ...

2 Entries — The RED Arrow on the RSI (RSI Negative Reversal/Hidden Negative Divergence) a close of the down-bar that creates the peak and the signal or the break of the trend line. Personally I trade the RED Arrow. The flag is there, it just ...

M15 signal RSI Negative Reversal — I caught that. Chart below. Reversal could have been entered at time of confirmation or after it broke the trendline. What do you think? Yellow arrows are positive divergences.

95% failure — 95% of traders fail at Forex. If your school teacher had that statistic you would have her fired. There are very few people who make money in Forex. Forums for the most part are difficult because in most cases you have the blind ...