Meh, I never said I understood. I still don't understand. The truth is none of us do because there is too much missing information. All we have is what the government has released and the media's sensationalized interpretation of the limited ...

Could 10:1 be the new leverage in US Forex?

Dude, you keep cutting and pasting shitty opinion pieces from rolling stone and youtube videos of ignorent congress members asking useless questions. You combine them with statements about how all this crap proves your contention that Goldman is a ...

Could 10:1 be the new leverage in US Forex?

I can't keep up with all the stupidity being presented… How is being long and short something a bait and switch? And if this "prominent hedge-fund chief" knew his ass from his elbow, wouldn’t the entire market making industry (including your forex ...

Could 10:1 be the new leverage in US Forex?

Do you have ANY of your own thoughts? Anyway, why is it goldmans responsability to tell aca what paulson is or is not doing? More to the point, if ACA was doing its job as professional manager on behalf of investors, why would it care if the ...

Could 10:1 be the new leverage in US Forex?

Thats a really weak arguement from authority. How about you put up some evidence to support your arguement. Or do you not have any? Since your a fan of links and videos, check out this one that represents your arguement: url

Could 10:1 be the new leverage in US Forex?

This proves what? That employees from goldman work in the government? I never disagreed with that fact. If anything, Geitner catagorically denied the premise that there is a conspiracy between the government employees and Goldman the firm. This is ...

Could 10:1 be the new leverage in US Forex?

You DO underatand that goldman has 35,000 employees working in hundreds of different departments, engaging in different businesses, don't you? The buyers of the Abacus MBS products were NOT using goldman as an advisor. Period. If you believe they ...

Could 10:1 be the new leverage in US Forex?

No, I don't see anything wrong because at this point there is no proof that they screwed anyone. All we have are conveniently timed investigations and lawsuits that makes an accusation of inpropriety. What has been offered to the public doesn't make ...

Could 10:1 be the new leverage in US Forex?

Alright I just read the article. It puts forth a very compelling arguement but its rather weak on substance. The fact that all these government employees were once employees of goldman, while interesting, doesn't mean there is a conspiracy afoot. ...

Could 10:1 be the new leverage in US Forex?

Thanks smart ass, except you spelled word wrong. Unfortunately this statement highlights that your mastery of this subject is as clear as that of your spelling.... A CDS is a credit default swap. In effect its an insurance policy that pays out in ...

Could 10:1 be the new leverage in US Forex?

For all the vitrol tossed around in this thread and elsewhere about goldman, I still don't see how they did anything wrong. So they made a market for some bonds that declined in value. I sell widows and orphans currencies that I think will go down ...

Could 10:1 be the new leverage in US Forex?

url Anyone thinking about stat arb trading should have this book on their shelf.

Return Differential Arbitrage

You saw the issue I was raising, but you missed the point. There is no hedge in either of these trades. They are both synthetic croses of a third pair. They only give the illusion of a hedge because your not factoring the mean reversion qualities of ...

Return Differential Arbitrage

Have you considered that the 1154 pips is exactly equivelent to the price change in U/J during the time period in question? And putting aside the daily fx reports, is there any compelling reason why nzd/usd and eur/usd would be correlated?

Return Differential Arbitrage

I should have clarified that either time scenario would exhibit certain behaviors that could be picked out (even if you werent sure what time scale you were looking at). Over 1000 bars, a long time frame would show a consistent trend (up or down) ...

Can you tell with naked eyes?

Bah, its a closed case but I'll throw some thoughst in... You can distinguish it by the limitations on random behavior imposed. All your bars will be a random distribution between 0 and 51 pips in length. That alone is enough to pick out a random ...

Can you tell with naked eyes?

I hear you talking about money and pip targets and frequency, but you don't mention anything about what your actually plannig to do. The things you mentioned are only useful in calculating how long its going to take you to blow up your account, ...

A Lot of Money and Risk

Going back to the point about the value of trading on Oanda vs other options: image Back when I was on Currenex, I still wouldn't be able to trade for another 1 hour. Oanda may be a bucketshop, but it has its advantages.

Domino's Price and order flow trading

It doesn't make sense because you’re looking at it from the perspective of a single trade. Market makers operate on an inventory basis. FTI offered some pretty extensive information on the subject, but I'll try and sum it up. (You could also reread ...

Domino's Price and order flow trading

Well, yes and no. My trade rules and setups are completely different from what Domino is doing, but we are both trading based on orderflow concepts. For the most part everyone who reads my posts assumes that I have a magic system that I call ...

Domino's Price and order flow trading