"Raj, I read through your explanation now, but still in the dark. I understand completely the divisions, 12.5, but do not understand how you arrive at 25 for 8/8? Please explain furthur. Kind thanks."
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Max commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Jason, Comments are much appreciated and I as well hope you and family are all well and healthy.
Here's EJ, 2 targets: 132.75 and 128.96. 129.97 is dead center of the entire range. A break of 129.97 sees next range price above…"
Jason commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Brian and everyone
How are all of you ?
Great call on the EURJPY yesterday Brian,.
Well done. Wish you will make such calls daily !!
Anyway appreciate you for sharing all your knowledge and I hope you stay always sharp and in good health.
So for…"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Max, Had a friend, promoted to FX analyst, knew nothing but attended investment conferences,guest speaker, CNBC.Marketwatch, lasted 1 year based on our info we fed him, then find the guy's a scumbucket so we fed him false info, data. Now…"
Max commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Great stuff, good advice Brian, and agreed, so many fools with a voice (bringing the end of democracy IMO) becoming Twitter-celebrities, I guess they're feeding guys with a few stocks in a portfolio whom suddenly think they're economic…"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Peter, The bankers are true masters, some better than others obviously. My numbers daily are nearly perfect with theirs, an honor but their numbers are off by a few pips. They report 3020 changes EU direction, that's wrong, its based on an…"
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Good Morning Brian - would 100% agree with you about some of the retail authors and analysts - the fact is can they trade and make money? - and in most cases they prove without doubt - that they can't - but unfortunately so many keep on…"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Last Max, Allow the academics to teach you not the market people that seek to profit monetarily or gain influence from other's ignorance. Boris Schlossssberg I followed since my early days trading in 2004. Guess what, that guy still can't…"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Max, Peter's strategy using Regression lines is a reversion to the mean strategy, the mean is the actual average at whatever time period. It works well but it doesn't see far away deviations using just one or even two lines. For the…"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Noel, Hope others caught the EJ short as well despite having to add another lot higher than 132.37, that occurs with EJ and GJ sometimes due to their wide ranges but targets always hit, just takes patience"
Noel commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Sorry EJ of course"
Noel commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Brian, congrats another great call for a correction in EU. Keep them coming, your the man !! "
Max commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"And I should say I also trying to use Peter's LR indicator - there are a few that seem to have some different names...and here I make exception to my usual MA method, I use a LR using LWMA method, LWMA a bit better for LR than SMA on this setup…"
Max commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Brian, ok I can understand that now. I'm not being sarcastic but should I read your book to find out more about your method, like what period base for SD or is this a new method you are working on? Actually I think I am operating on similar…"
Francesc Riverola commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"It is so good to have you back Lisa ;)"
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices"Hi Jason, I see 1.2777 as our EU low which should change about 25 pips by morning US trading to 1.2750 or so. My two current corrective targets are 1.2925 -1.2929 and 1.2972. Both change about 20 pips a day. I'm still not conviced…"
Profile Information
- About Myself
- Brian Twomey: 8 year trader, author. I know my stuff far better than most.
- Trading style
- Short term
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- FXCM
Brian Twomey's Blog
Inside the Currency Market: Signal, Noise and Range Prices
Posted on March 11, 2013 at 12:35pm 387 Comments 10 Likes
First, the range. Friday March 8, the range prices were 1.3133 high minus 1.2954 low = 179 pips, divide by 2 and my range is 89.1 pips, divide by 3 and my range is 59.2, multiply 179 by 2 = 358, True Range Average, 1.3043. Are we any smarter by this information, no.
How about measurement of a candlestick or sets of candles, no help either unless candles are measured for what they are and that is the Boxcar Average separated by either an average or Median Line to represent…
Continue Inside the Currency Market: Non Farm Payrolls Data, Stats
Posted on March 8, 2013 at 12:58pm 3 Comments 0 Likes
Here's a bunch of Non Farm Payroll data, a series that dates historically to 1939. Current data dates from 2003 - present March 2013 because it appears a series change occurred either in the calculation or different manner to look at the data, inclusion of additional data possibly. Not sure regarding this point.
My highly non scientific forecast for today's release is 173,010 and a high of 179,340. This number shouldn't be held in any regard. Most important is…
Continue Inside the Currency Market: Historic EU Levels and Targets
Posted on March 3, 2013 at 2:06am 49 Comments 4 Likes
I last reported an historic average Feb 22 at 1.21186. Today's average now sits at 1.21229, a difference of 43 pips.
Last reported target was 1.2830, now 1.2832, 2 pip difference and a level that must break in order to see lower prices. Last reported upper end price target was 1.4002, today's change is now targeted at 1.4001, a 1 pip difference.
Further upper end targets next season: 1.3542 and 1.4252. Last reported targets were 1.3542 and 1.4254, a 2 pip…
Continue Inside the Currency Market: EU Levels
Posted on February 22, 2013 at 12:35pm 57 Comments 8 Likes
The fact that EU broke the all important line of demarcation that signifies long to short at 1.3214 Wednesday after the release of the FOMC minutes, now says we have a short EU market. We are now in sell rally mode.
Many tout the 1.3240 level to sell corrective pullbacks. This level is a minimum pullback since its only the 5 day average target. 1.3188 was yesterday's 50 day average target so hence the reason for its technical significance today. More importantly, 1.3185 was…
ContinueComment Wall (9 comments)
- At 11:11am on November 7, 2012,
Diana Nuwayhed said… Good morning brian & all of you guys!
Brian i was reading all the comments from hours but you didnt say anything about the EUR/USD and I want to know what are your thought about it!!
and thank you :)
- At 11:38am on November 13, 2012,
Serg Шеховцов said… Brian, you are cool))
- At 11:10am on November 19, 2012, Diana Nuwayhed said…
Good Morning Brian, 1st congratulations for the NU & GN for hitting the target, we still have the NJ even thought the target is now seems so far .. anw Brian can you take a look on the USD/JPY and tell us what you see.. cz I have been reading a blog saying that it will go higher this week (around 200 pips)! what do u think? I trust your analysis !
have a nice day :)
- At 3:44pm on November 27, 2012, Aimé Lanzo said…
what will i do to receive Brian's blog???
- At 6:55pm on November 27, 2012, Amachree Tamunonye Herbert said…
Good job Brian..Today's trade on EU was smooth as silk..I only would like to know how those SDs work with the averages to give us clarity in direction and mathematical stops..cheers
- At 6:12am on November 28, 2012,
santosh nikam said… Hello Brian,
You got genius Brain......Keep it up..
- At 12:52pm on December 26, 2012, abdul quader said…
hi sir , season greeting to u .. hav been following up on ur posts ..and still wondering abt ur trades on the JPY pairs .. well even i lost many -pips on the jpy pairs but im still in profit and now i just hav gbpjpy in my account .. so was eager to know from u as to when it will fall and wht would the levels be if it goes up and the tgts on the downside.. regards and wish u a prosperous comming year where u make loads and loads of + pips ..tc
- At 4:58am on January 18, 2013, TONY said…
- Good day Brian, what level we should look for a retracements in EUR/GBP? Btw, the level you mentioned in GBP/NZD pair followed nicely. Thanks mate :)
- At 9:15am on January 18, 2013, Brian Twomey said…
Hi Tony, EUR/GBP will retrace back to 0.8225,easily, its a longer term trade so patience, its pretty much peaked, Thank you, GBP/NZD trade was perfect as usual. Been riding it up and down for weeks
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