Recent content by supplyside

thanks guys, your suggestions make sense that while trading we need not worry about the "why's" and just trade with the market flows to make our buck for the day. Steve, you said you went short tonight in the USD-JPY? May I ask at what level. I myself am thinking of going short at 117.90...

yeah thanks, that does help understand what happened..... I also saw someone else posting here that some Japanese Life Insurer started buying the USD-JPY in the NY session on Friday that has triggered all this volatility. I guess I will have to be patient for the time being before going long...

hi everyone, I mostly have been trading the EUR and GBP and try to make 10-20 pips a day. Have been relying on fundamental analysis more than anything else so far in my few months of trading and its going alright so far: around 350 pips per month. Now I need someone to tell me how...