Recent content by DrewLR

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    Limit order fills

    If you entry on a position on limit, it essentially means that you are trying to buy low and sell high. Assuming that the price has to trade through your fill level is a conservative assumption, which is good. The problem could be with stops and targets. With stops, you are right to assume...
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    Global Macro Trading Journal

    If got it right, the idea is to devaluate massively the EUR to make debts easier to sustain? This would simply kill countries with a highly negative trade balance (read Spain and Netherlands) If we do get to a critical level where something HAS to be done, some form of Eurobonds could become...
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    Global Macro Trading Journal

    Have a look here: http://www.efsf.europa.eu/attachment/faq_en.pdf The EFSF issues actual bonds to raise funds. The spread over German Bunds is close to a maximum at the moment (110 vs 119 bp). Also note that currently the EFSF has raised something like 44bn (if I remember correctly) of...
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    Global Macro Trading Journal

    You are missing out the high trade deficit from Soros' recipe for a stronger currency. Currently China has a quite big trade surplus (although decreasing, -34% YoY)
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    Global Macro Trading Journal

    You are missing out the required high trade deficit from Soros' recipe for stronger currency. Currently China has quite a big trade surplus (although decreasing, -34% YoY)
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    Global Macro Trading Journal

    Hi guys, I'm new here but have been following (and enjoying) the thread for quite a while. If I can intrude into the discussion, I don't think they would implement QE3 as a mere solution to unemployment...QE and QE2 did nothing in terms of this. In his testimony in front of the congress...
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