Search results

Clear and present danger, guys. I'm not saying usdjpy is gonna break the 0.85 level - but it could. You can make money on both sides: if it holds - long equities. If it breaks - short equities. However, if you're a big hedge fund, and yen strengthens, you may be forced to liquidate your...

That's exactly my point. If your debts are yen-denominated, and your assets in dollars, rising debts may force you to liquidate your assets, which adds more fuel into the fire. A spiral of a dramatically strengthening yen and declining asset prices (stocks, commodities, whatever). Might get out...

It all makes sense now: Say you're a company specialized in "making money". You've got your investors assets, and since your business is good, you decide to leverage the returns through some debt. So, you take your dollars, euros, whatever, and take a loan - the cheaper, the better. And...

Check out the long-term charts ( with weekly and daily candles). Maybe I'll post a couple of charts later. If the 8,50$ support holds today, I'm gonna make a f***ing killing also with my clients accounts by going long. Oh, and I'm gonna keep that position up to a couple of months if it...

Great to know, seriously! I knew that elitetrader is still good to check from time to time.

Maybe that was an answer too :D You should read "High Probability Trading" and "Trading in the Zone". Whether mechanical or discretionary - there is no way around taking responsibility and managing your risk. If you're looking for certainties, you're in the wrong business, pal.

Anyone else here following the potential long setup of the year today?

The mother of all edges: Understanding, learning and improving from your mistakes. Not just in trading: the trading persona is just one :)

So far, in Germany, trading from a wonderful office - though I'm not a native German. If things continue to develop the way they have so far, I'll be trading from Ibiza within the next three years. Not bad for a 29 y/o :)

I'm living in Europe. My trading day therefore starts at 2 PM. I don't drink alcohol, nor caffeinated products - just ginseng tea. Also, I use smoking incenses. Who of us two has the comparative advantage? Hope to see you on nasdaq. On the other side of my trade, preferably :)

http://thepatternsite.com all you need to know and have...

Very well said! It takes brains to convincingly play stupid for the crowds, and Cramer proves he has them :D

http://www.youtube.com/watch?v=B7VUBPwIhHs This vid actually makes me like him again :)

The Nasdaq 100 is the market to trade on an intraday/swing time frame according to Elliott Wave theory. I know a trader who's making major $'s this way, together with sound risk management (one trade a day). If you're interested in this, skip all the esoteric stuff about the waves and...

You should become author for chinese fortune cookies.

Elsewhere, in recognition of Daylight Savings Time, President Bush set the country back fifty years.

Tony totally kicks ass, he was a major inspiration for me when I started out years ago. Thanks for posting this!

I don't draw trendlines, I flag focal points :)

Sorry for the inappropriate language; what I really meant was that this market is going further down the shitter of course :)

Here's the attachment