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  1. bone

    Trumps Iranian Sanctions, what is he trying to achieve?

    That makes no sense at all. Once again. Democrats in both houses of Congress were very much for sanctions against the Castro regime. For decades. In fact, google Democratic Congressman Robert Torricelli and the Cuban Democracy Act of 1992. He codified as US law the strangulation of Cuba...
  2. bone

    Trumps Iranian Sanctions, what is he trying to achieve?

    That makes no sense at all. The Cuban embargo was expanded by President Kennedy (D) (who authorized Castro assassination attempts BTW), were codified in the Cuban Democracy Act by a Democratic Congress in 1992, and expanded by President Clinton (D) in 1999. It was President Jimmy Carter (D)...
  3. bone

    Trumps Iranian Sanctions, what is he trying to achieve?

    You are wildly misinterpreting my response out of context. I was simply stating that I could find no UN or IAEA supporting information that there was a direct causal relationship between external sanctions and a nuclear armed Iran. I literally could find no authorship that made the case that...
  4. bone

    Trumps Iranian Sanctions, what is he trying to achieve?

    I can find no information published from the UN or the IAEA to confirm or at least corroborate your opinion.
  5. bone

    Trumps Iranian Sanctions, what is he trying to achieve?

    Well, in the interest of comity, let me just state the obvious: this thread was posted in the Commodity Futures Forum, so in terms of world crude oil supplies Russia, Saudia Arabia, and the United States have the immediate capacity to replace any losses from Iranian production. CL has come off...
  6. bone

    "Have we now topped . . . " Part 4: 2nd Retracement, then, DOWN ?

    Most people who have come to disavow TA came to that realization trying to make it work on short intraday timeframes. To say that an instrument has reached a valuation limit; or has been overbought or oversold on the basis of higher frequency intraday data sampling is courting certain...
  7. bone

    Combining Day Trading with Swing Trading

    This is a great thread topic. It's easier for a fund; you have an intraday trader or desk, and you have a longer term trader or desk - and so on. For example, the intraday desk might run machine alogorithms, and the longer term desk uses discretion. My own personal experience, and my...
  8. bone

    If T.A. works, if you're swing trading, how far in the future can you see?

    I think what you are referring to is linear regression - please correct me if I'm wrong. The OP's thread was referring to the predictive capability of Technical Analysis - which for 99% of the ET Members reading this means the standard TA studies that they get with a free or inexpensive...
  9. bone

    Calling on all professional crypto traders...

    Did OP start this thread because crypto exchanges have been closing (thanks to outright theft and Central Banks) and he wants to start a new exchange ? :cool:
  10. bone

    If T.A. works, if you're swing trading, how far in the future can you see?

    I guess I'd like to push back at the OP phraseology. There is no TA, FA, AI, or XYZ that sees into the future - five seconds, one minute, five minutes, five days, whatever. Calculated risk is all we can hope for.
  11. bone

    Do you know, who you are trading against?

    You can't control it so don't worry about it.
  12. bone

    "Have we now topped . . . " Part 4: 2nd Retracement, then, DOWN ?

    x2 Don't bother using Daily and intraday data to call a top to anything.
  13. bone

    Do you know, who you are trading against?

    Quite frankly I for one am happy to not know who is on the other side. If I truly believe that I have a quality entry signal I sure as hell don't want to second guess myself. From my experience trading commercial OTC energy - it would matter. Specifically I would want to know if a producer...
  14. bone

    Commodity support and resistance strategy

    You seem quite convinced that 1. historical S/R levels offer some sort of optimum trade ENTRY opportunity, and 2. Changing the rules for particular assets on a case-by-case basis in order to make them “behave” according to your preordained construct will hold up in the future. Personally, I...
  15. bone

    Commodity support and resistance strategy

    It isn't surprising that your backtested results are not great. You are finding that short term (50 day) S/R levels are being co opted by more powerful longer term market dynamics. How about Option 3, which is to believe what the data is telling you ?
  16. bone

    Calling on all professional crypto traders...

    A real trading exchange will guarantee delivery. A real trading exchange will enforce an orderly market. A real trading exchange will have a market maker program in place to ensure liquidity. A real trading exchange will not allow market participants and product inventory to be...
  17. bone

    Why is TT data so bad?

    I won't jump into the TT versus CQG fray - I've used them both. I thought I would mention that quite a few trading desks use Bloomberg Time & Sales in terms of data feeds. There's a reason why MATLAB has a Bloomberg datafeed interface - it's been an industry standard for a couple decades now...
  18. bone

    over 90% win rate

    I've seen plenty of traders with high win rates blow it all on one bad trade. I've seen traders give back a year in one day. And much worse. Really sound position management with a modest win rate is very serviceable indeed.
  19. bone

    Does trading really need imagination or inspiration?

    To be successful, maybe not. To be wildly successful - yes. Just my two cents, YMMV.
  20. bone

    Scalping Vs. Runners

    Just me - it is very difficult for a legit scalper to let a winner run. And I scalped in the Bond Pit and I have scalped on the screen. If you are legitimately scalping, you are buying bids and selling offers. A true scalper gets taken out of a position way too early for it to be called a...
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