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I am not an FX guy by any stretch of the imagination - but if someone put a gun to my head I'd buy Swiss Francs over Euro any day of the week and twice on Sundays. The ECU has been creating too many self-inflicted wounds the past decade or so with profound long term consequences.

There is no technical indicator that consistently picks tops and bottoms. Especially the wave count software and the oscillators.

Well, Gold doesn't even get a decent 'flight to quality' bid any more when something disastrous or disturbing happens.

Western Cities Want to Slow Flood of Chinese Home Buying. Nothing Works. https://www.wsj.com/articles/western-cities-want-to-slow-flood-of-chinese-home-buying-nothing-works-1528294587

Well, the safe haven can't be Yuan denominated - you've got two Communist Party State apparatus committed to pegging the Yuan at a discount to the dollar. Aggressively. How many times has the Chinese State unilaterally devalued the Yuan ? Dozens of times ?

https://www.nytimes.com/2018/08/14/world/asia/china-trade-war-trump-xi-jinping-.html Trump’s Trade War Is Rattling China’s Leaders Aug. 14, 2018 BEIJING — China’s leaders have sought to project confidence in the face of President Trump’s tariffs and trade threats. But as it becomes clear that...

Yes, they call it a “draw” which counts against your profits. For the new traders it is very modest, but for the heavy hitters they are allowed to “draw” more.

There’s actually several major tools the Fed has at its’ disposal if they had the cajones to use them. Possibly more effective and less controversial than tariffs.

Yeah, that would not be allowed in the United States for regulated futures. CME, ICE, and probably the NFA wouldn’t allow it IMO.

If the firm(s) you are referring to are registered futures proprietary trading firm(s) - you're really confused and misinformed about their business model and indeed the requirements set forth for those firms to exist by the regulated futures exchanges. There are actually some very good reasons...

It would certainly be a play call straight out of the Chinese State Administration of Foreign Exchange (SAFE) and the People's Bank of China playbook. It's what they do. Repeatedly. For like the past 26 years or so. The United States has just historically been too pussified to call it what...

Because the risk profile for that particular spread is so much greater than the types of trades that made Bill Gross famous - and CERTAINLY more risky than what an investor in a fixed income mutual fund like Janus Funds should expect. IMO that spread is a Hedge Fund risk profile type...

I cannot believe Gross spread the Bund versus the US Ten Year. What a shit show. https://www.marketwatch.com/story/so-called-bond-king-bill-gross-has-been-wrong-and-wrong-badly-his-boss-at-janus-says-2018-08-09 Is Bill Gross still the bond king? Maybe not. The quondam fixed-income royalty—at...

This thread is going as expected.

If you start a thread, and ask for feedback in your OP, it's bad manners and poor form to insult the feedback. If you're looking for feedback only from naive sheep then by all means say that in your OP. Say in your OP that you want to know what naive, ill-informed outsiders who would like to...

Well, he has heard from two very experienced traders with deep roots from the Chicago proprietary trading firm industry, and the VP of Institutional Sales for Lime. And the backstory on Lime was that there was a very successful proprietary trading forefather - much like Timber Hill and IB...

Maybe get a CFA and become a financial analyst - or better yet, put your engineering degree to good use in the public or private sector. You seem to require a certain social or moral construct to the world. You're predisposed on this tangent of good versus evil. You're hearing but you're...

All wasted. Repeal the 12th Amendment.

Dude please be careful. You've got a good heart and it's in the right place. But you also surely know that schizophrenics have poor outcomes, they cannot have social relationships, and they are incredibly unpredictable.

It is so easy to find out if someone, even a scumbag educator, is legally registered to indeed solicit and take client futures trading account funds. https://www.nfa.futures.org/registration-membership/membership-and-directories.html