crucial posts narafa, i can see youve learned a lot from dr. tharp. thanks for the refresher course

Trading vs gambling

COESfx is a unique broker, they have an ECN where they get quotes from a number of sources. they dont trade against you either. execution, excellent. reliability, excellent. give them a try, you wont be disapointed.

Any experience with CoesFX?

what do you mean? you can surely calculate the probabilities in any game (at a casino or otherwise). the probabilities may not be in your favor, but you still can calculate them.

Trading vs gambling

if you are betting with an edge, then you are investing. if you are betting without an edge, you are gambling. thats how i always saw it... so i dont consider playing poker gambling, because you can actaully have an edge. counting cards in blackjack ...

Trading vs gambling

why do yield curves invert? i always thought it was high supply on the long end of the curve, and low supply on the short end. for instance, if there is an over supply of 30yr bonds, then banks have to lower the interest rate in order to attract ...

Central Banks Watch

ok, here is where i think we are (green circle). however, some of my predictions were wrong (at this very moment, things could change tomorrow). first, bonds didnt dive, and the dollar didnt strengthen. this, i think, is because the fed changed the ...

Central Banks Watch

something just hit me.... the reason the markets are reacting this way is because the statement changed some of its language. even though the language says the same thing as the last statement, the fact that it has changed at all is a signal that ...

Central Banks Watch

dollar looks like its snapping back here.... could the world have initially misread the statement?

Central Banks Watch

see http://www.forexfactory.com/forexforum/showthread.php?t=3272 im wondering the same thing...

Sources for FOMC interest rate information

damn, the US stock market is rallying! what the hell is going on? was this statement seen as dovish? i see it as way hawkish, am i missing something here?

Central Banks Watch

measured pace was in the statement, yet the dollar is weakening! isnt that was i just said two posts ago?

Central Banks Watch

For immediate release The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 4-1/4 percent. Despite elevated energy prices and hurricane-related disruptions, the expansion in economic ...

Central Banks Watch

to be the first to see the release, you go to http://www.federalreserve.gov/ and hit F5 as fast as you can

Sources for FOMC interest rate information

with all the speculation over MP, should we be expecting a dollar rally if it is in the statement? for some reason i am feeling that the dollar is tapped out, like a 4.75% fed funds level is already built into the price. i dont think all markets ...

Central Banks Watch

whoa!! good point my friend. is it too late to change my bet

Central Banks Watch

haha, yes! its about that time again! iso, your prediction may very well be correct. i will differ with ya though, i give it a 70/30 shot that "measured pace" is in the speech. inflation seems to have slowed, judging from the worldwide CPI numbers, ...

Central Banks Watch

thats exactly what it is. you should tell the guys in the grad vs. non-grad thread that school CAN help you in trading!

Correlation of Pairs

err....why waste your time with observations when you can just look at the EURCHF chart. that will tell you exactly what the correlation is. same with all currency pairs...if you want to know the correlation with the EURUSD and USDJPY, just look at ...

Correlation of Pairs

you are trading spot forex, which means actual cash. when you buy 1 LOT of the EURUSD, you are buying $100,000 worth of Euros. you are not doing the physical transaction of actually giving the dollars to someone and taking delivery of the euros, but ...

Basic question - what do we trade?