By knowing the difference between how the banking system operates now and how it operated in times past you can make an educated guess as to how the central bank is going to react to changes in the real economy arising from a protracted period of ...

Trading the ECB QE

I've read all of the files posted/linked and looks like most analysts are in a wait and see positions atm. Some reports had very interesting analyses of the potential effects of a QE programme. This was one of them (I've attached the file below): To ...

Trading the ECB QE

Thanks. Regarding the ZH link, I have a few comments: The banking system was very different from what it is right now (read about the banking history in the US if interested), but also the economy was very different. The most obvious difference is ...

Trading the ECB QE

Thank you.

Trading the ECB QE

The ideal conditions for shorting the EURUSD - pickup in US demand further cementing the need to taper (pent-up demand smashing all expectations following the winter freeze would be especially positive) - EZ inflation flatlining or falling (ie. ...

Trading the ECB QE

Great point! One addition, though. Once you've learned how and why the price moves, get into the habit of increasing your position once the price starts moving in the direction of your initial trade. You could try cost-averaging on your way down, ...

how do I maximize my profit and minimize loss?

Well, the idea behind that is really simple, in fact. Even though a lot of FX trading takes place on the spot market, futures volume is still relevant. Since data on spot FX transactions is impossible to come by (of course in-house traders in large ...

Horizontal Levels Indicator

You got that right. Also, if you're interested in seeing more of Kevin Spacey I suggest you check out House of Cards. Nothing to do with trading, but an outstanding TV show.

List of movies or videos related to trading

If the market is expecting taper then playing a decline the 3540/30 area on fiber should be a pretty good trade. Stop loss at about 3740. So for a total risk of 60 pips you could make 130. The purple-ish lines you see on the chart are futures volume ...

Central Bank Watch

This week was pretty good for me as I managed to make 14% (each and every day was profitable ranging from 1 to 4 per cent a day). I have a lot of free time at the moment as I've finished all my exams and around two weeks until classes start again ...

The 10 pips challenge

I'm done with published posts from the blog but I have one or two drafts that I will finish and post here. Money management/trade management Currently I've refunded my account. During the time that I was blogging, I did demo-testing and funded my ...

The 10 pips challenge

And yet he looks so professional in that video. Goes to show you that you really have to do your due diligence when investing, doesn't matter if it's a stock (Enron), hedge fund (Maddoff) or a bond (Argentina).

Wall St Warriors Show: What are they doing now?

What is the best time to trade? (part 2) (published August 17, 2013) In the previous post I described the worst types of days to be trading based on the EURUSD currency pair, but this time I'm going to cover the best and worst times of day to be ...

The 10 pips challenge

I've been really busy studying for exams these past few weeks so that's why I haven't been that active on this thread. I'm having my last exam in four hours and after that I plan on finishing posting the old posts from my blog. As soon as that's ...

The 10 pips challenge

I don't mind criticism if it's backed up by insight and knowledge. I do mind criticism that adds nothing or leads to dead ends, like to stuff about 10 pips not being a large enough target. If I'm trading a 1 or 5 minute chart who in their right mind ...

The 10 pips challenge

Indeed, but inflation has been trending lower recently. That's one of the reasons they didn't taper as much on the last meeting. It will be interesting to see what happens. I'm pretty sure you know that the Fed doesn't use the CPI measure to measure ...

Central Bank Watch

You can try adding the CME daily high volume lines on the chart on your spot broker's chart and you'll see that it does help a bit. Although they are two different markets, the high volume areas are very liquid and as such can provide useful ...

Volume from FX futures, price action from Spot FX?

I don't think they're that shortsighted, numbnuts. I think this could be a great trade opportunity, though. The last statement read "...the Committee will also consider other information, including additional measures of labor market conditions." ...

Central Bank Watch

Hi numbnuts, what a great thread idea! I've been monitoring the ECB and the Fed for years now and I'll try to contribute here as well, as much as I can between my studies, trading and social life. I'm going to offer a few of my own thoughts mixed ...

Central Bank Watch