yeah plutonite, i have to agree my news trading strategy is not an inefficiency like the adp/nfp (although i do hear what your saying mike!). first of all, i could never write a program that can news trade because im using a lot of experience when ...

Predicting The News

that is EXACTLY what im talking about im not so sure i would have shorted that on the pin bar, but to each his own

Predicting The News

dont let that stop you man! TS is the real deal, well worth the risk of practicing with real money. just keep it small and you will be fine. btw, the learning curve for TS is VERY steep, dont get frusterated just take your time and it will all start ...

"Bank Flow" Trading - Resources?

unfortunately, i doubt anyone knows how we can get our hands on bank order flow (unless fti can help us out here?). i use the CME level 2, thats as good as it gets as far as i know

"Bank Flow" Trading - Resources?

i will give you a typical setup to illustrate...right now the EURUSD is in a strong bull trend and i know that there are big players who are in buying mode (they have to buy a certain amount over a certain time period). these big players have to ...

Predicting The News

well glad to know you got out alive, thats all we can ask of our learning experiences and yeah, ive been known as a fader not because of some personality thing, i just think fade situations are easier to predict than momentum, in short term ...

Predicting The News

cesar, just a feeling, but i think we may put in that new bottom this week

Wall Street close watch

for the life of me i cant understand how any trader doesnt like CNBC. its basically everything i could ever ask for in a financial show. sure there are a lot of talking heads and crap, but its not like you are supposed to follow these dorks...they ...

Wall Street close watch

the market has always been like that, i cant remember any extended period where the market actually reacted the way it "should".

Predicting The News

ive been "news trading" for most of my career, it is a very profitable area to focus on. i believe you are referring to "spike trading", which is the newbie way of trading the news. unfortunately, when people say "news trading", most traders think ...

Predicting The News

thanks for that disclaimer LOL. yes i actually have two copies of beat the market...one i got for reading, and my mint copy is for the collection. looks like i should have saved my money on the second copy and just read the ebook LOL. but the smell ...

Beat the Market - By Thorp

personally, i was hoping this thread would die so my bad predictions could be erased from memory

I see oil reaching 100 USD?!

predicting news releases is as old as dow theory...have you ever wondered where those "forecasts" on calendars come from? basically the large news organizations like bloomberg and reuters have these polls setup - they regularly poll a number of ...

Predicting The News

IB has them, i believe they were the first market maker for ISE sometime last year. they are the only retail broker ive seen offer them so far.

Using Oanda FXBoxOptions Profitably

therein lies the problem...the liquidity and spreads are garbage. i dont trade currency options because i cant find a good exchange to trade them on. im too accustomed to the water-like stock option markets. btw, where you been man? i was worried ...

Using Oanda FXBoxOptions Profitably

that mock opening statement was brilliant! thats what i call TRUTH the funny thing is that wallstreet already knows the truth...its mainstreet that would panic if bernanke told the truth. i still hold on to my well documented belief that the fed ...

Wall Street close watch

oops, i just realized i used a "+" instead of a "*". i need to sharpen my math skills! thanks for catching that capitalist!

hedging one currency pair with another

as most of you have probably noticed, currency pairs math works exactly like fractions. you can use all the same shortcuts as you can use with fractions as well, such as canceling out numerators and denominators. for instance, if you are long the ...

hedging one currency pair with another

i believe i paid over $600 for my mint copy. worth every penny!

Beat the Market - By Thorp

well if you are asking if i think we will range i have to say no. times are too turbulent to range right now. this sucker is going up or down btw, do you know how to make a bet that the market will range?

Wall Street close watch