Correlation does not equal causation. As was pointed out in Flying Spaghetti Monster lore, the number of pirates in the world has a direct inverse correlation with global temperatures, but I think you would be hard pressed to find someone advocating ...

Saving Capitalism from Capitalists....

This is another common misunderstanding about the banking system propagated by the media. Putting aside the fact that the quantity of printed bills is completely irrelevant to the quantity of money in the marketplace... The way the process is ...

Saving Capitalism from Capitalists....

General interest. I just love the mechanics of banking and financial markets, and the Fed is the crowning jewel of the system. Without understanding it, one can never really understand the system.

Saving Capitalism from Capitalists....

Technically the Fed isn't allowed to loan money directly to the Government. The government can only issue treasury bills/notes, which are sold into the open market. The Fed can use money on deposit (from the member banks) to purchase the notes/bills ...

Saving Capitalism from Capitalists....

The media tends to dumb things down for the masses. AIG and the rest of the bailout recipients received funding from general tax revenues through the TARP program. If you look back it was Hank Paulson on his knees begging for the TARP money in ...

Saving Capitalism from Capitalists....

The Federal Reserve can not, has not, and will not ever receive funding from the US Government. To say othewise indicates a lack of fundamental understanding of the subject.

Saving Capitalism from Capitalists....

Laissez Faire economics is fine, but it ends with banks. Banking is not a subject that can or should be left to pure market forces due to the mechanics of its operation. Banking NEEDS regulation and a central bank to act as lender of last resort. ...

Saving Capitalism from Capitalists....

Michael Moore: Capitalism is evil... You have to eliminate it and replace it with something that is good for all people and that something is democracy." Effin moron.

Saving Capitalism from Capitalists....

Orderflow trading in a nutshell: 1)Find the stops and fade them. 2)Find the barrier options and push into them. 3)Find pockets with a lack of open interest and gap them. 4)Find a sequence of stops spaced 10-25 pips apart and prepare to put your kids ...

(binned per thread starter's request) Behind Price-Orderflow

To never let your dreams get in the way of caring for the people that you love. While you may achieve the dream, there isn't much to enjoy when you have no one to share it with.

Life Changed for the Good after FX

Not to be a stickler for accuracy, but this isn't orderflow trading. All your doing is commenting on market mechanics. There is no predictive value. IE- It's great that you understand the mechanics, but it isn't going to put any money in your ...

(binned per thread starter's request) Behind Price-Orderflow

I'm Darkstar bitches! And don't you forget it! Sup Mike?

james16 Chart Thread

This isn't a hedge, it's a synthetic cross. You are in effect going long GBPUSD and paying extra spread for the priveledge. Why not just go long GBPUSD and save the money? To have an actual hedge you would have to go long GBPUSD and simultaniously ...

how to hedge the carry trade?

What up kids? Nice to see lots of the ol' FF family still around. Sorry to jack your thread...

james16 Chart Thread

Nope... url

Fox Business Channel -Thank God!

Sacrilegious bastard! How dare you not mention Erin!??!!?

Fox Business Channel -Thank God!

Yeah, the basic principle of a free market is to buy and sell whatever you want at any price you deem appropriate. Nowhere in that equation is it required that this moron be notified about the exact size of that transaction for the market to be ...

Big Traders Dive Into Dark Pools

320k... cuz I think we'll get a massive revision of last months number.

NFP Sweepstakes

Exactly. Just don't forget that a true bucket shop is a rare thing. Most of the retail shops are hedging and offsetting orders so in general they only get a small slice of your interest payment. Most of the money is getting paid out to other retail ...

Question about swaps...

This may make sense, but it isn't necessarily true. Your not really borrowing the money, your committing to transact it. Subtle yet profound difference. Retail makes it hard to grasp because there are no real contracts. On the interbank each ...

Question about swaps...