{"id":69387,"date":"2015-03-11T12:49:25","date_gmt":"2015-03-11T16:49:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=69387"},"modified":"2015-03-11T12:49:25","modified_gmt":"2015-03-11T16:49:25","slug":"forex-traders-the-only-question-you-should-be-asking","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/03\/forex-traders-the-only-question-you-should-be-asking\/","title":{"rendered":"Forex Traders: The Only Question You Should Be Asking"},"content":{"rendered":"
March 11, 2015<\/div>
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Elliott wave analysis foresaw the USDJPY’s recent rally. Find out what else we’re expecting for the world’s leading forex markets (plus stocks, gold, oil and bonds) — absolutely FREE <\/span><\/h3>\n

By Elliott Wave International<\/span><\/h3>\n

I can’t help it. Whenever I read the mainstream financial news, I feel like I’m eavesdropping on a job interview at Microsoft.<\/p>\n

In case you don’t remember — Microsoft was made famous, in part, for asking prospective employees one single question: Why is a manhole cover round?<\/i><\/p>\n

They wanted to assess how a person approaches a question that has many answers. And, many answers are what they got, from the most practical (i.e. “Because a manhole is round”) to the most philosophical (i.e. “The circle is the most aesthetically pleasing shape for the human eye.”)<\/p>\n

I’ll now take you back to the world of mainstream finance where those in charge are regularly asked to answer this basic question: Why did market “X” move this way today? <\/i>And, many answers are what they give.<\/p>\n

Take, for a real-world example the March 9-10 upsurge to a 7-and-1\/2 year high in the Dollar\/Yen currency exchange pair. As for why the USDJPY rallied, the experts offered up these (and many more) explanations:<\/p>\n