yeah we sure are in the same boat, have you seen my other posts? they follow this exactly. narafa is another guy on here who shares this perspective. we were long the dollar (i closed that position a few days ago), and thinking about taking a long ...

Central Banks Watch

haha! yes! we sure are in some interesting times. i get a rush just thinking about it. everything seems to be in a transitional period, the dollar, the euro, japan, inflation, oil, the US economy, the fed president etc etc. i find myself changing my ...

Central Banks Watch

hiyo, i have asked you a number of times, some in private and some in public, to stop using crazy fonts/colors. each day i get a number of complaints about your font usage. here is your last warning...use the default font or you gotta go. no caps, ...

Good Trading To All -- Part II

LOL! you know it man

5% per day is achievable

i think even if you are a discretionary trader you still need some kind of "system" or frame work for your trading. all of my discretionary trades follow some very flexible rules, but there are rules to my trading. discretionary trading is heavily ...

Is having a defined trading system so important??

the event that caused the demise of LTCM was that the Russians defaulted on some big loans, sending the bond market into a state of insanity. LTCM had a hugely leveraged arbitrage spread trade that got totally fucked due to the situation. they never ...

Fooled by randomness

i think it exists. look no further than market wizards to find the proof. look at a guy like steve cohen, you think he'll ever go bust? i think not.

Does longevity exist in trading?

LOL!!!

New to the forum

FOMC meeting minutes — ok guys, here is the paragraph that caused all the disruption today... "The Committee perceives that, with appropriate monetary policy action, the upside and downside risks to the attainment of both sustainable growth ...

Central Banks Watch

that was a hell of a reaction today in the treasuries huh iso? i read the minutes and i dont see what everyone is getting so excited about. global inflation is still out of control, and bernanke is NOT going to drop rates like some expect. btw, i ...

Central Banks Watch

that was a hell of a reaction today in the treasuries huh iso? i read the minutes and i dont see what everyone is getting so excited about. global inflation is still out of control, and bernanke is NOT going to drop rates like some expect. btw, i ...

Bonds

the Forex market as a whole will not be closed for US holidays, but your broker will most likely close for a period especially if they are US based. this creates a situation where you could have a position in the open market but not have access to ...

Trading through US Thanksgiving + UK Christmas

dial did you read blink yet??? btw, we just launched the new book review forum. you wanna do the review for moneyball?

Moneyball

anything "per day" is unrealistic. you dont have to trade for very long to understand trading doesnt work like that. even the best NYSE scalpers dont win everyday.

5% per day is achievable

well after Trichet's comments today, your probably right that rates wont go that high. 3% might even be too high after what we heard today. im still not quite ready to play the EURUSD long yet, im still trying to figure out the USDJPY situation: ...

Central Banks Watch

alan, just wondering, why are you particular about using a Flash interface? are you a Flash developer? (...or a "Flasher" as theyre called)

looking for flash based mini account

play reversal strategies! something like an overbought/oversold system. for instance, you could reverse off of the pivot points, and take profit when it reaches the pivot on the other side. also check out james16's pin bars. if you are good at ...

How do forumites trade in choppy waters

bump

How do you handle overnights? OCO? Stops?

...im talking about prospect for 3 month or so. your right, the rate differential is big right now. but the fed is going to be peaking at 5% (thats my latest guess) and the ECB will be just getting to 3 or 4%, and rising. that calls for a euro rally ...

Central Banks Watch

i think its more about inflation, i dont think they will let inflation get out of hand. but we agree that the ECB is going to start stepping it up here. im not quite ready to pull the trigger on a long EURUSD position just yet, but i am no longer ...

Central Banks Watch