It is, isn't it? But the saddest part is that Britain didn't seem ta care as long as the cash kept flowing to their coffers. Granted, the previous recalculations had a markedly smaller impact on public finances. But the whole notion of having to pay ...

Can the Euro survive?

Is anyone here trading DAX intraday using range bars or renko blocks? I skimmed through that last few pages and didn't notice anyone posting any RB charts. What has been your experience? What are the settings you feel most at home with? Currently ...

Carpe diem: Intraday tactics for Dax and Dow

Well, considering that the origins of money is not my field of expertise I would happily forward you the actual book by David Graeber. Although I've read a bit on this topic I don't consider myself knowledgeable enough to start a thread. Besides, my ...

Macroeconomic and Geopolitical context in Trading

I don't see why people are focusing on headlines. Clearly the removal of extra liquidity from the markets has had an effect on the margin (everything happens on the margin!). The demand for them had not just gone down, it has actually shifted to the ...

What an ugly market the past 2 days eh?

That's about as far from the truth as you can get. Barter as a means of economic transaction has never been proven to actually have taken place on a scale large enough to be considered important as far as the history of money is concerned. However, ...

Macroeconomic and Geopolitical context in Trading

Whipsaw trades for me today: 1st trade: possible end of retrace, continuing down. Got stopped out 2nd: break of previous high, went long, stopped out. 3rd time lucky, I guess. No follow-through on move down, go long. Out with +16 pips for all three ...

SPX and DAX - CFDs are the place to be

Yeah what's up with that? The volatility is totally non-existent. I started testing out one of my chart templates from last year on DAX and other indeces and they very well. Considering the lack of volatility in fx and the existence of large, long ...

SPX and DAX - CFDs are the place to be

Frontline documentary on SAC Capital in HD: To catch a trader alternative link: url Frontline documentary on why no Wall St executives haven't gone to jail: Untouchables

List of movies or videos related to trading

Sorry to disappoint you but real problems are more complicated than CNBC would lead you to believe. Summing up multifaceted problems is something that politicians do when they need to gather votes while appealing to the lowest common denominator.

Can the Euro survive?

I would compare immigrants to technological improvements. Any improvement of an existing technology or a completely new innovation (think horse-drawn carriages vs cars, personal secretaries vs MS Office etc) has the effect of displacing old ...

Can the Euro survive?

What a lot of people don't realize is that the euro is not a temporary project born on a whim. It is first and foremost a political project which means economics is secondary. So it is no surprise that some countries were allowed to join the ...

Can the Euro survive?

As long as you have oil producing nations recycle their petrodollars into U.S. assets (mainly govt and SOE debt) your dollar will continue to be the world trade currency of choice. As long as. Over recent years the oil and gas produced by fracking ...

Can the Euro survive?

Although German inflation surprised to the downside overall eurozone inflation remained unchanged from the previous figure, which means the ECB is going to stay put. US GDP figures surprised to the downside, but in my view this was a non-surprise as ...

Trading the ECB QE

John, the inflation data is really important and will set the tone for intraday moves but I don't see the ECB having the will to act any time soon. I see them taking action June the earliest, because some members are still wary of large scale asset ...

Trading the ECB QE

Next week is going to be extremely busy for the euro-dollar pair. We've got the eurozone CPI, M3 money supply, German and French retail sales data releases coming up. Things are much busier on the dollar front - GDP, FOMC, NFP all during the same ...

Trading the ECB QE

Not much going on on the news front regarding ECB QE, hence the wait-and-see attitude of the EURUSD pair. This has squeezed fiber into a tight range roughly between 1.3790-95 and 1.3845-50 (first chart). This has provided quite a few opportunities ...

Trading the ECB QE

There's no 'right' answer here. You need to find a balance between account growth and balancing your expenses. Some people also prefer to put some gains away into a rainy day fund to refund their account when in drawdown and/or for general ...

How much should we withdraw?

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can anyone guide me how to profit from footprint chart

It still remains to be seen whether Draghi and the governing council will make a real decision or err on the side of caution and stick to jawboning (funny thing the ECB, they err on the side of caution when dovish action is needed but are more than ...

Trading the ECB QE