ForexSpirit

After getting my head under a shower of hot water this morning, one of my first thoughts was to wonder how the positions I had left on overnight were fairing. Which was swiftly followed by the thought of Schrödinger’s cat. Until I actually went downstairs and turned on my tablet PC, the [...]

“I love it when a plan comes together!”
- Colonel John “Hannibal” Smith
So far, so good with my amazing powers of precognition. Twenty four hours after my attempt to read the sentiment tea leaves EUR/USD finds itself just under 1.4850, where I predicted it might fall to. Luck, skill, experience, intuition; it matters [...]

A quick look at some sentiment data to see if it provides any clarity or insights into what could unfold in the coming days.
It is generally pretty difficult to get much information when it comes to trader sentiment. There are four main sources that I’m aware of: futures open interest, Commitment of Traders reports, [...]

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One of the points of interest that I came across recently but didn’t have chance to point out was an article in the Economist that highlights the lengths the big boys (banks) are going to. Keep your eyes peeled for the Rationalizer, a device being developed jointly by Philips and ABN AMRO’s Dialogues Incubator.
While [...]