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They trade pairs so the hedging question is kind of complicated. They basically hedge through diverse selection. In other words, by having 100's of or at least dozens of pairs on so that any one pair does not produce systemic risk along with overall market risk. They don't really just buy FB...

All my stops are time based. In other words, there is a price level (usually an A level) and then a time component. Let me put this another way. In order for me to be stopped out, an opposing opposite trading signal has to be given. It can't simply be some arbitrary level because it hurts...

USD/JPY +3

US Dollar rips through the QTR A up. Today is day 7 of the 30 day confirm.

USD/CAD doesn't move enough for me. And I lost interest in CHF when the SNB started pegging it to the Euro.

Nice job Banjo! Great link. I will definitely share.

"Lots.....of.....action" Rounders

They don't trade options at Bright. Technically speaking, Don is not talking about hedging specific stock risk, he simply wants traders to hedge overall market risk. In other words, on a day like today, Bright Trading would be kaput if the firm was 800% long and strong. Hopefully those...

Here you go: YELP,NUS,LL,BCOR,YY,YNDX,WFM,VRTX,UTHR,BIIB,REGN, CELG,USNA,LGF,OUTR, SRPT,HLF, DMND,TEAR,SPWR,HPY, MNKD,VPRT,Z,QCOR,JCOM,GME,LF,AMZN,JAZZ,ACT,EVR,FLT, TRIP,PRLB,SBNY,SIVB,KKD,FB,NFLX,LNKD,P,WYNN ICON,AWAY,MELI,LOPE,AFSI,NSR,WWWW AAPL ,GOOG,IOC,TSLA,DDD No secrets here...

TSLA working on it's first QTR A down since going public.

I was going to mention last night when I was going through my spreadsheets that almost every stock I track had a sell signal yet the ES was a buy. This looked awfully suspicious to me. I'm not joking either, like 45 out of 50 stocks were confirmed to the downside! This is where tracking the...

How do you know he is not in an option or a spread? I don't get what all the animosity is about here. The guy rarely does TV and when he does, he doesn't need a grand inquisition about the trades he mentions. He really provided very little info. For all you know he is not even in the...

I have to give the guys at bigmike some credit though. The dude posted on ET for years in his journal and no one called him out on it. I think maybe at the very end someone said something politely and he just left. But it seems like it's ET that is the patsy here, not bigmike.

Nice follow through on this failed A down in Natty.

I follow and track 15 pairs now: USD/JPY EUR/AUD GBP/JPY EUR/JPY AUD/JPY EUR/GBP GBP/USD USD/MXN EUR/USD AUD/USD EUR/CAD GBP/AUD USD/TRY GBP/CAD CAD/JPY DX

There is the pop in the USD/JPY. You see the follow through strength in the dollar on the number line confirm and you see the weakness now more clearly in the pound. Regarding your question, I would not initiate a position right ahead of a central bank meeting but if I had a position I...

BTW, USD/JPY, GBP/JPY and EUR/JPY all confirmed.

He makes a lot of stupid trades. So does Soros, Paul Tudor Jones, Steve Cohen, etc. But you can't judge him simply by a sound bite on cnbc. He likes to talk about fading the crowd in terms of acting on an ACD signal that is contrary to sentiment. I do that all the time and have highlighted...

OK, a couple of things here. One, it's CNBC. He NEVER talkes about ACD on CNBC because no one knows what the hell that is. So he dumbs down ideas into 30 second sound bites for the avg CNBC viewer. Two, he is not trading "my levels". It's possible "he" does have a level here. It could...

How is he blowing his style? His views on crude are long term and a very broad statement. How he is actually going about expressing that view he has not stated. How do you know he doesn't have a level here? I bought natty yesterday. Was I bottom picking? No, I bought a failed monthly A...