Problem with obvious Look at that second trade in eur/usd. I don't believe in obvious. I'm afraid that I will look like a fool if I follow it and it goes other way. My bad, I impose ego stuff on sound trading rules. Usually as in this example I fade not the ... Go to Full Article

3 x 5 I was scalping nice today. I had pretty good read what's going on. Off course it would be much better if I stayed in my last eur/usd trade. It was breaking out so slow that I didn't want to test it. It's up 50 pips from my entry while I ... Go to Full Article

Know your place I was hesitant to trade in the morning and than when I got bored I started to trade. I had profit on gbp/jpy 20 pips or so but I was greedy and didn't took it. It's the situation when I want more when I read all good, made good trade ... Go to Full Article

Fed Under delivers, Cuts Rates by 75bp, Dollar Becomes 2nd Lowest ... The Federal Reserve under delivers. The futures market was pricing in a 100bp rate cut but they cut the Fed funds and discount rates by only 75bp. Even though the US dollar has rallied on the heels of the announcement,...

In the Financial Papers: Today’s Top Forex News 03.18.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 11:15 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: - How Much Will the...

Historic Move Expected from the Fed? After surprising the markets with a 25bp discount rate cut on Sunday and extending the discount rate window to investment banks, the Federal Reserve is set to make another historic move by cutting interest rates 100bp tomorrow. ... Go to Full Article

Kathy Lien on CNBC Talking About Intervention Risk I was on CNBC Foreign Exchange this afternoon talking about the possibility of Intervention and whether the US dollar could fall further. Click on image. Go to Full Article

EUR/JPY cross falls 120 points in less than 5 minutes The EUR/JPY cross pair just took a fall after a surprising rally above stops at 155.80. See the pics below of a 1 minute chart representation of the sell-off of the single currency vs. the yen. Go to Full Article

Thee Calm Before........ The Fed (and After?) More Volatility Ahead. Markets are in a state of shock Tuesday mourning awaiting the 2:15pm Eastern time US interest rate announcement. Sunday's slaughter of Bear Stearns has evaporated as it appears to me that Intervention is at work ... Go...

Risk Roils Markets Again Pound Drops to 2.0000 -Is UK Next? Talking Points - Japanese Yen: massive swings as risk roils markets again - Euro: Gets the benefit of safe haven flows targets 1.5800 - Pound: Fears of... Go to Full Article

Forex Radio - Fed Delivers As Expected, Dollar Posts Steady Recover After 75bp Cut Listen to our Evening DailyFX Forex Radio PodCast: http://media.dailyfx.com/podcasts/FXRadioPM031808.mp3 Go to Full Article

Return of Risk Appetite Drives Australian, Canadian and New Zealand Dollars Higher The 400 point rally in US stocks has driven the Australian, New Zealand and Canadian dollars higher. Go to Full Article

Dollar Rallies, But be Wary of an Intermeeting Rate Cut - British Pound Gains Strength Ahead of BoE Minutes and Employment Data - Stocks Rise 400 Points, Is Risk Appetite Here to Stay? Go to Full Article

GBP/USD Could Break Below 2.00 On Wednesday's BOE Meeting Minutes The biggest event risk for the UK markets this week comes from the release of the minutes from the Bank of England?s March meeting, as they are likely... Go to Full Article

Forex In 60 Seconds: US Dollar Benefits From Return to Risk Following the Fed's Rate Cut (Video) - EUR/USD tumbles from record highs as US Dollar strengthens on smaller-than-expected rate cut. - DJIA, carry trades make a comeback as well - is the optimism... Go to Full Article