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GS has been getting money from the fed to prop up the markets. I don't see how they can be wrong. My advice is to listen to their calls. They are telling you what they are going to be pumping up in the next 6 months. You can't fight the money gun.

Price fixing is finally coming back to bite them. I am guessing the same thing is going to happen to OPEC this year. Oil should be around 20 a barrel with the huge inventories and drop in demand, but the collusion by governments, producers, and conglomerate banks has artificially propped up the...

What a douche. He's caught short and touting his own trade book. The problem is, you can't fight the Fed. Even worse for the shorts, you can't fight worldwide central banks in collusion. What an ass clown. This is old hat. Things have changed dramatically and he will be taught a lesson from his...

Are you one of them?

Haha, this guy is a joke. Forex has more backfills in 10 minutes than the eminis do in a week.

All these forex traders on ET, and no one knows shit.

If you're day trading it, you don't have to deal with this BS. But if you are holding it long term, then you have to.

Bump. Anyone?

As soon as China allowes its currency to become fully convertible, is the day China loses its competitive advantage, and the dollar will again reign supreme. It's the history of the last century. The US pressures a country to unpeg its currency, then the multinational banks raid that country's...

I used to use the esignal forex hotspots data about a year ago, but ditched esignal because they're overpriced. Does anyone know of any other data providers that give you acces to market depth in the forex markets? In esignal, it basically would show the five to eight major forex dealers and...

Don't fight the fed. Isn't that what they say? The fed has an electronic press with an unlimited number of 0' that they can attach to their balance sheet.

That is the key. Now you just need a way to recognize the end of the trend. Typically market breadth and sentiment is the kicker.

You should trade equities first, then move on to futures, not the other way around. The more leverage you use, the more likely you will blow up.

Trading at a prop firm gives no benefit to trading at a retail firm. These prop firms are designed to churn and burn undercapitalized traders while selling the dream of instant riches. They charge exorbitant desk fees, typically 250 per month, plus thousands of dollars in training fees for...

It's not that bad. They just want to create a central exchange for certain derivatives and capital requirements. This just brings the shadow banking system into the rules that the rest of us have to deal with daily. I prefer this to the game being rigged by shadowy trades among a few...

During wartimes, the executive branch has grabbed more and more power. If you notice, there are not many presidency's where there's not at least one war. Under the Bush administration, we saw one of the largest power grabs in history. Now Obama's administration is carrying the torch, so to speak.

The issue is that the US economy couldn't grow without the huge deficits. The banking system needs dollars to recycle from export nations back to the US, so they can lend them out to emerging markets. The only way to grow the money supply as large as is needed is to continue to spend.

We had the necessary relief in the past couple of days. It's anyone's guess at these levels. The key is if we see a run to new highs, you will know the right answer, especially if you're short.