This ☝️ Bottomline: if you're going to scalp, trade the timing of the event, not the event itself. The number almost always never mattered. Notice that financial news reporters will always find a way to explain away the numbers to fit their internal ...

Wow. Really? Just from this one decision? The FUTURE?

This news report was written 14 hours ago? A bit late for FF?

Boneheads.

This kind of insider trading is clearly wrong. But if the client had left buy stop orders (and spread his orders thru several banks instead of just one), his open requirement for pounds wouldn't have been too needlessly open for very long.

If this had been a complex non-vanilla FX option and my trader forgot to hedge his bet along the way to bury his open greeks (or at the very least, COVERED his position), he would've felt my boot up his ass. And that wouldn't be the worse thing.

(Just thinking out loud.) I'm not discounting the value of trendlines; they're alright for determining direction of trends, and I certainly know people with a talent for such things. But this difference of opinion is a point in favor of the notion ...

73.80 horizontal support looks very strong. The last 3 or 4 times this level broke convincingly (in any direction), it took a strong single candle to break thru each time (looking solely at the Monthly chart). Looking at how the recently-ended ...

I'm no (purely) fundamental trader... but what I would give to be in that classroom...

Keep your friends close, but keep your enemies closer?

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As an aside, I found it rather ironic that I, being only half-Singaporean and a Muslim to boot, ended up defending the Singaporean way of life in this forum.

My apology wasn't really sincere. I was just being sarcastic. Nice comparison with Greece, by the way. Over here, if you work hard, you get PAID. Dunno, but we seem to like it that way...

Sorry mate. Not true in general. Definitely not a standard anyway. And please don't compare with our shop keepers, shopping malls, F&B outlets and the like. They open 7 days a week and till late. And that's just how we do things around here. Sorry ...

Sorry TAH... but LKY is a big deal. And being half-Singaporean myself, I'm sorry to see the old fart go, all said and done. RIP, LKY.

You're kidding, right? The calendar event has been on the Calendar the whole time. I set my alarm clock by it. Maybe your Calendar settings were not set correctly?

AUD/USD sold-off as S&P warns of Aus rating downgrade

"Last night"? Look at the tweet's timestamp closely, bro. It was less than 30 minutes ago.

Amen to that, brother. But still I find it surprising he said this, "The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home ...

The minutes record what was discussed in the meeting and explains the statement (which just summarizes the minutes). Some longer term traders look thru the language for further clues of future rate direction (if they didn't think the statement was ...