LOL! yes the BOJ is very shady, they never give a specific time. the calendar time is an estimate, and we try to adjust it as more info becomes available. but whatever time it comes out, i will be waiting patiently!!

Central Banks Watch

great post hastings. trading is just as much about days like this than it is about trading systems and positions sizing. when i have days like this i always think about the old saying 'that which does not kill me can only make me stronger'. another ...

I'm crashed today.

thats where i see a lot of price action happening in the past (ie sideways movement). i consider support/resistance prices that have been trading a lot in the past, because thats where many investors have entered/exited and will join the party once ...

Central Banks Watch

well said my friend!

Central Banks Watch

yeah thats how it is with me sometimes as well...

Central Banks Watch

haha! glad to hear it baby! just be careful with the 'listening to Merlin', that bum can get you in trouble sometimes

Central Banks Watch

the thing about this yen is that the economics just had to play out. what the market is/was doing was defying simple economics. sooner or later the economics will play out. but knowing that does not guarantee profit, unfortunately, because the the ...

Central Banks Watch

i been yelling about it for long enough, huh? i have admit i got a help from both narafa and isotonic, they both gave me some timely encouragement on this position. thanks dudes! but the fight has not been won just yet, we are just begining!

Central Banks Watch

you got me! i meant 114

Central Banks Watch

the BOJ resigns!!! — LOL!!! oh you guys know i was happy today! the yen looked like it had a rocket on its back!! the BOJ has finally given up their yen suppression campaign! the fiscal year ended last month and now they wont give a damn for a ...

Central Banks Watch

its because of you guys that this place is rockin so hard lately!! im really glad to see that we have maintained the friendly atmosphere through the growth. this is the one forum that brings a smile to my face everytime i come visit! i love you ...

james16 Chart Thread

some dealers are shady, no question about it. but couldnt the above be a senario for the futures market too?

Joe Ross / When Not To Trade FX

yeah i remember that too because i lost money on that trade! didnt realize there would be a run on the bank! i made that mistake with enron too

Joe Ross / When Not To Trade FX

oh i didnt realize that the futures guys got their money back. i was under the impression that they havent yet. if they did get their money back then i just put my foot in my mouth

Joe Ross / When Not To Trade FX

yes i agree, but my point is more that there are some ugly smells in the commodities market as well. there is good and bad in both markets, in all markets for that matter! youve got to be smart enough to avoid the bad and take advantage of the good. ...

Joe Ross / When Not To Trade FX

why is the burden of proof on the brokers to 'prove' that joe is 'wrong'? joe has made some huge accusation here, shouldnt he be the one to prove that he is right? this is a classic sign of a conspiracy theorist, always laying the 'burden of proof' ...

Joe Ross / When Not To Trade FX

nader have you ever traded with IB? for some reason i remember you mentioning them, or was that iso? anyway, if you havent checked out IB you might want to, they have better commissions than TS, although their platform is arcaic.

A little experience with TradeStation!!!

damn narafa!!! now i feel bad for talking so good about TS to you!! that really sucks man, there is nothing worse than wasting time with setting up and account and having it fall through! especially for some bullshit like that! really ...

A little experience with TradeStation!!!

zero sum, in the raw sense of the definition, means if i win $1, someone else lost $1. the reason a zero sum game can become a negative sum game is because of commissions and the spread (the broker and market maker are making a living off of your ...

Is Forex a ZERO Sum game?

SM - great thread here. when you get your rules solidified you should have someone write code to backtest it. usually backtest results are a bunch of BS, but thats because people find the good backtest report by testing a thousand parameters and ...

I Had No Idea I Took So Much For Granted