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Alex, It is always about me. You ask a fair question though. What you are really asking (as an ET mounted policeman I might add) is why not what I am posting? Pardon me for thinking for you. Okay so let me see what the honest answer is.... I get bored and lonely from time to time...

No there is nothing official. I only have the results. Let me see if I can find what I have and I will try to email it to you or something. Go to www.cbot.com and you can download a study guide on market profile where normal days and normal variation days are defined.

Somebody is selling EUROS. D-Bank write offs. 4 billion of them I think. Something like that says Bloomberg. They may be the only ones selling EUROS:p

Good point. Thanks. The study was done based on market profile theory. So trend days were defined as those days where other time frame sellers and buyers pushed the market beyond the boundaries of a normal or normal variation distribution curve. The point of my comment is not to debate...

Is a definition required?

A current example of this that you may want to study can be seen on our Swiss Franc and Japanese Yen trades. Both of these markets are at key levels for either a continuation of downtrends or a reversal and move back up. If we agree that structurall y 1.000 and 100.00 are key levels, then it...

I learned a hard (expensive)lesson when I first starting trading . Markets DO NOT trend or move directionally most of the time. Markets (all markets) spend most of the time in consolidation or range trading at some level. Of course if you are a scalper or very short term trader trader you...

USDCAD Structurally, the whacky loonie is setting up for a directional move also. If you gin up a weekly chart, it is easier to see. This is a good example of identifying ranges to implement proper trading plans. It is tough to do from left to right. There may be a false break out and a...

I trade both futures and the cash market. If I am short term trading, I will often trade futures. In fact, I prefer trading futures on CME. My broker is RJ O'Brien for futures and options. For longer term trading I trade the cash market most of the time so I do not have to worry about rolling...

Why do you care about that?

Let's say, just for fun now, that we are long another 20 contracts of Yen. We will start right now, at 99.71. 98.25 will be our first risk threshold. We are looking for a re-capture of value at 100+ level and hope it holds, for a move onto 115. We know we have a very strong possiblility of...

MACRO-VIEW USDJPY I think the Yen is very tradeable RIGHT NOW. It is really a rare opportunity to get to postion properly at 100. You may take some small losses getting your directional bias in place, but it will be well worth it if you can remain disciplined. As of RIGHT NOW, the...

MACRO-VIEW EURUSD The EURUSD is not at a crossroads IMO. Stucturally, (whether you agree or not) price is seeking 1.6500. A long term study of value on EURO indicates to me that it was really stretched around 1.5500. The ground swell behind being long the EURO is so strong, who knows. What...

In addition to identifying cycles within my tradeable, I have found that once breakouts occur from consolidation somewhere around 50% give or take are false and either return to build value or reverse and move directionally the opposite way. Maybe your experience is differernt, but the magical...

Understood David. Thank you.

On another note.... Did any of us think that currency movements would become so inter-dependent on the success or failure of the US Equity Markets? I feel like I am trading Equity Indexes sometimes. Not only in the US, but more importantly in EUR/ASIA. Talk about being a flexible...

I like to keep things as simple as possible. I am not a highly educated man or economist obviously who can figure out purchasing power parity and such. On a simple level across all time frames, it is easy to see that currencies 1. Move directionally or trend 2. Consolidate or build value...

Let's just pretend. ATTN: ET MOUNTED POLICE, just pretending here. Like in elementary school. Please don't give your opinion on journals and where threads should be. Others are free to post their trades here if so inclinded. Fire away. I am going to try my best to make a million dollars in...

I like to see responses to thread titles like this one..... "Exactly How I Made One Million Dollars Per Year Trading Currencies" It brings out the best in folks, including the ET mounted police. Reminds me of the story of the man who was giving away money on the street. Folks thought...

So.....what make currencies move. I mean move directionally. Not shoot up or down for a session as whacked out folks hit buttons. No answers so far except for the kind invitation from riskfreetrading to join him and atticus. Maybe nobody knows:confused: That explains why currencies move now...