Sounds pretty considered approach zek. Interestingly, there was an unwinding of real positions last week on UJ, as opposed to record shorts on EU. The current BoJ floor is definitely one to watch. If it does go belly up, I believe we'll see it ...

Trade of the decade!

1) Leaves them open to foreign investment though, an option not open to other countries already hitting limits of foreign debt 2) True 3) Damn, you spotted the straw man! It is pretty compelling. Even 1) is weak because if it gets so out of control ...

Trade of the decade!

I thought you'd fallen of the side of a cliff, but then I caught your journal from a few years back, made me both laugh and groan at the ups and downs. You gave me advice when I was green around the gills in your clinic thread aeons ago. Everything ...

The 5 Steps to becoming a trader

Zek, I'm inclined to agree, but noone needs firestation thinking around here so... you're wrong because: Yen - they've got a shedload of debt, but it's almost all domestically owned, meaning it can be repatriated should a storm come a brewing, ...

Trade of the decade!

True it's of no benefit, just scratching an itch that's been bugging me for a long time Big honchos indeed Ah, the zero cost products. Looks so neat and appealing, a bit like interest free credit. Until the interest rate goes up and you realise ...

Technical Analysis Fallacy

FTI, I've admired your thread from afar. Interesting you talk about this. Still after all these years, Natenberg's book is still seems to be *the* book because noone else has stepped forward with anything more practical. Taleb's Dynamic Hedging is ...

Technical Analysis Fallacy

Soros, Kovner and... video

Who are the top best Forex traders in world??

You're either blissfully naive, or Dane Carlson.

Who are the top best Forex traders in world??

Every now and then, something golden turns up at FF. This spreadsheet is top notch, tight work Dow. If anyone's got a problem with discipline, expectations are everything...

Calculating probability of losing streaks

That sums it up beautifully for the weekend. And on that note...

Greece 2012

The debt owed by Greece to the bondholders is between Greece and their bondholders. If a default was technically impossible, they'd be no Greek CDS triggers, no contagion effects, no arguments about who carries the can. The ECB, along with banks and ...

Greece 2012

You can default without being insolvent, you can't be insolvent without defaulting so not entirely the same. And yes I'd be furious if I was Greek. But not with a poll

Greece 2012

If you don't want to answer, you don't have to resort to cryptic Aesop's fables Tranco. Loosen up

Greece 2012

Don't sit on the fence old bean, let's hear your vote. As far as I can see, all EU countries will move heaven and earth to prevent the credit event (disorderly or <50% negotiated) but less keen to shoulder the bulk of Greek debt. I can see this ...

Greece 2012

Them were the good old days when you either paid up or not. Recently S&Poors decided that only 50% or less would be a technical, orderly default. So a haircut of 49% is erm... business as usual presumably. Sticking to your definition, haircut in Q1 ...

Greece 2012

Because it's like a two horse race where you've discounted one of the horses because of a long face. Market share is roughly the same between the two, and even if you've got a penchant for orange keys and a big red escape key, the facts are they ...

"Light" alternative to Bloomberg anywhere?

Katroo, I'm sure Smith is shaking in his proverbial boots of your damming assessment of Reuters. Absurd. Anyway, rtg- yeah, 2-3k per annum for the cut down feed, the word being cut down which some people seem to have a hard time understanding here, ...

"Light" alternative to Bloomberg anywhere?

reuters or bloomie only I'm afraid but they do cut down versions. The simple feed from Eikon is about $2.5-3k PA so well affordable in your price range. Not sure if bloomie do similar but I'd imagine so. you should keep your charting tied to ...

"Light" alternative to Bloomberg anywhere?

Quite right, I should have said 'manage' not predict. But that model is not the reason TA exists. It's the reason your charts look similar. TA can work because of price memory, but it sounds like you're veering into the 'is price random' arguments ...

TA-Charting on Brownian Motion

Brownian motion is the string that ties institutional financial risk models, markets and algos together because it allows them to predict the randomness of movement. It's used so extensively that it'd be something shy of a miracle if they *didn't* ...

TA-Charting on Brownian Motion