Recent content by lawmerchant

I shorted SP 500 as well last week-for different reason-mainly just downward "major" trendline. What are Fractal Warnings? Also, what are those blue arrows pointing up?

The trend line from $1.50 to present may have been broken today. Eur trading about $1.2875. May have something to do with Obama's pro Export (weak dollar) rhetoric.

check out: http://www.bloomberg.com/news/2010-07-13/euro-declines-against-dollar-yen-as-moody-s-cuts-portugal-s-credit-rating.html

Blox - I like the trade. I don't think the downward trend has been broken at all. What time horizon are you looking at? Looks like its @1.255 now. However, Be careful with US Earnings this week. Many stocks will have pretty good earnings (Many banks with artificial earnings) and may cause...

I have never traded before on any platform other than widely available "retail" trading platforms such as Charles Schwab active trader and Interactive Brokers (Best one I've used). Can one compete with other professional traders using IB platform vs the more specialized, usually more expensive...