hadnt seen this, thanks peter! my take is that USFE is going to have a tough time competing with the CME on this, those boys have currency futures on lock! i will have to take a look at their liquidity and spreads to be a good judge though. btw, ...

USFE to list forex futures. Can we have your views on this?

btw, if the fed holds rates, yet the statement says "we need to lower rates and will do so in the following meetings", why is that so different that actually cutting rates? the only difference i can see is that the fed will look less reactive, which ...

Do Not Yell At Me For Discussing Fundamentals

yeah these fed fund probabilities are the main thing that make me think i could be wrong here. but i find some comfort knowing that that fed fund futures were wrong (like 2 months behind) the ENTIRE time the fed was raising rates in the latest ...

Do Not Yell At Me For Discussing Fundamentals

well, i am expecting the fed to give the "signal" of lower rates in their statement. a rate cut and the signal of a rate cut usually have the same effect, so i dont think the fed will stray too far from the market's expecations by not making the ...

Do Not Yell At Me For Discussing Fundamentals

great post dave! i am one of the few who doesnt think the fed will cut rates. the poor employment report made me second guess that theory, but i came back to my senses. my argument is based on one thing... the fed has not given the "signal" yet. i ...

Do Not Yell At Me For Discussing Fundamentals

all time highs, the breakout systems are going crazy right now! LOL

EUR/USD Trading Room

yeah hell of a move there! "burst" is the operative word!

The art of Staying Out Of The Market

im pretty sure that means you are doing it right once theory i have is that there are more decisions made when building a mechanical system than there is when trading discretionary. there is an endless stream of decisions that need to be ...

Automated Trading

the only riskless return out there is tbills, and lucky for your friend they are around 5%

friend wants to leave 100k, for 5%, riskless profit.

i never quite learned this art as some of my friends here can attest to, i have such a trading addition that i play around with small lot sizes all day to suppress my urges. LOL! yes, i got problems to say the least.

The art of Staying Out Of The Market

we had a debate about this a while ago: url "at best" is just another word for a market order. if you dont understand this, the most valuable thing you can for your trading education is to figure it out.

FXCM's "AT BEST" For News

ditto.

Fundamentally Speaking...

LOL!!! gary not only are you always on my read list but often in the 1%!

Fundamentally Speaking...

what can i say, the man is a genius trends are full of leaders and followers. the leaders are strong (ie wont exit when the market moves against them) and the followers are weak. which is one reason understanding the mix of people behind the trend ...

Trend spotting

just took a peek, good one! i think i remember reading him previously but lost touch.

Fundamentally Speaking...

you are probably much better and more experienced with TA, thats my guess. the fundies are very tricky... until they are completely understood, it seems they actually do a trader harm. it was like that for me at least, i can remember viewing the ...

Fundamentally Speaking...

oh yeah! predicting direction and making money are two different things, unfortunately. i cant count how many times i lost money when my prediction was right (though i have made money when i was wrong so i cant complain LOL) this is, of course, ...

Predict market is easy

oh, another point about trends! ever asked yourself what causes a trend?? behind every chart there are real people making trades, some short term, some long term. for the technical guys that is sometimes hard to accept. they want to think the price ...

Trend spotting

i dont know about you guys, but i have found that the ADX is the greatest trend spotter of all. im not big on indicators, cause they basically tell you the same thing as the price does, but ADX is different. study the formula that welles wilder put ...

Trend spotting

im not so sure about currencies, but i know on wallstreet its a well known fact that the automated systems are taking huge money out of the market. dont have a cite, but i think something like 80% of all volume on ECNs like arca and brute is done by ...

Automated Trading