Do you know the title of that one?

The Finance Book Club

I might have some time to read a few books this summer. Only two trips planned, both family business related. If I’m being honest though, I feel like reading these would be procrastinating from writing my own. It seems daunting but once I actually ...

The Finance Book Club

Which book by Nison? He has a few credits to his name.

The Finance Book Club

I had an unusually good day (and week) and decided it’s time to make a withdrawal with a new broker. Naturally, that’s not going to be a smooth process. First I must link my bank account but no matter what I enter in the account field of the ...

Clemmo's Trading Odyssey

My AU short is now risk-free. The decline may not hold if retail equity investors get jammed, being massively long and getting pummeled for it. However it might also paradoxically move against risk if retail tries to use it as a hedge during this ...

Clemmo's Trading Odyssey

Gold looking skittish, however making an initial foray during a US bank holiday would leave one somewhat exposed. Why are bank holidays slow trading days anyway? No one actually takes the day off do they?

Clemmo's Trading Odyssey

Most RFEDs have less than $20M in MTM capital and what they have is tied up in offsetting their book. They can’t afford to warehouse more than a few hundred thousand in risk from any counterparty. That’s why every trader has a cap on their max lots ...

Cable Update (GBPUSD)

because the 0.02 are deadly to them. Most traders don’t realize the average broker is as close to going bust as they are, despite their continuous flow of profits.

Cable Update (GBPUSD)

so the pound will rise against the US dollar but the Aussie will fall? However the USD will fall against CAD but also the US500 will have a giant correction? Very eclectic forecasts. Only EW can see with such creativity.

Elliott Wave Trading by Ayax

they’re in on the action too. You think they really care about inflation? They only want rising asset prices and property.

EURUSD

Good thing I held off. Although this might be the place to start testing the waters? This market needs a spanking but there are no adults in the room at the Fed. If they’re serious about containing inflation they’ll have to do something about the ...

Clemmo's Trading Odyssey

Everything is going to the moon. Fed can’t control inflation.

S&P500 trading

Chapters 9 and 10 are all about the inevitable decline and dissolution of the partnership due to mismanagement. Lewis alternately praises and skewers Gutfreund for his ability to mingle greed with higher principles, making it seem like his ...

The Finance Book Club

Scam, scam, scam. Get out while you can.

Prop Firm Hub

I hate being right. What a snooze fest. Market moved more at the start of the month on the rumour of a skip. Maybe I need a squawk box or Bloomberg terminal.

Clemmo's Trading Odyssey

I don’t understand what they mean. Is it a 4 or a 6 minute window?

Prop Firm Hub