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More likely that Mario has his hands tied behind his back by the damn Germans and we slide 3-5% tomorrow with an explosion in Spain yields than a rally...

Currency market and some futures are just fine for trading the last few days. Equities have not been worth bothering with... After the ECB announcement things will improve for equities.

Even though some may think this rally is a little overdone. Not at all. The slide in the dollar and the EUR/USD rally are putting a solid support underneath it. Welcome to another Taylor five count rally sequence. :D Parabolic blow-off on the QE3 announcement coming up next week...

Well... This sucks... If they go under before my partner company lawsuit is finished there is going to be no reason to sue them anymore as they won't have the money to pay... lol... On the positive side, if they do go under and get split up I am launching another gaming company in a couple...

Were entering the shananigans stage. It doesn't matter which way they spread rumors and rip it. Just go with it! Just beware that after a while this will probably blow up like 2008 again and trading will be WONDERFUL again with high ranges and volatility! Provided the markets even "survive."

I thought that fifty pip spike in the euro in the span of thirty seconds might have been the bailout announcement... But, can't confirm on any news headlines yet...

Stop thinking about things that don't matter and just go trade! Sheesh... Understanding the infrastructure that supports trading is NOT essential to trading and totally a waste of time to think about.

If anyone has any relevant news about the Spain bailout post it here. Not like we won't detect the news just by watching the Forex market... But, anyone got any dates/times for a potential meeting announcement? Keep your gold and silver on hand. If they don't save spain it will blow...

Jesus... Lay off the new guy mr unemployment check monger... (oldtime) I just glanced at OANDA spreads on their website. http://fxtrade.oanda.com/why/spreads/recent Frigging beautiful spreads... Max spread of 1.6 EUR/USD on Friday... Averaging around 1-1.2 pips... And there was a...

Holy sh*t... Looks like 98% of retail traders lose in the Forex market... LoL!

LoL... You must have failed basic math... Rotflmao... 365d x 24h = 8760 8760h x 60m = 525,600 Minutes per year... Your an idiot...

Trendline? What the hell are you talking about? I was short at 1375 dipshit. If I wanted to short the trendline I would have waited until the channel was reached at 1385. That channel was not reached because primarily because people saw that it was there so the pro's made sure they were trapped...

Yea, it's best to enter/exit during the last part of a move than hold for the very last point or so. Don't listen to these idiots in here... Those prices are perfectly tradable as you should know. SPY is highly liquid. IMO it's just options selling firms and market makers baiting idiots at...

Just use single strikes... Follow the rule "Keep it simple stupid."

Straight options on SPY a few strikes OTM with the right expiry are basically the same as futures for daytrading... Higher commissions and spread though. The only advantage directional options have over futures is the weekly options have insane leverage for catching a high odds setup...

By my calculations running the market above that high there would have been a real losing proposition as the core of the market wasn't supportive to it... The best plan for the big players I figured was to distribute and let the market settle down naturally for a few days before another run...

Professionals hunt amateurs stops. That is something floor traders also love to do. I thought that after we popped into new highs there wasn't much reason to run it much higher as we had taken out the upside stops and there wasn't much reaction. I ain't big enough to decide the market...

George Angell? Who is that? He gets bad reviews... Hmmm

The market was in correction then. Even CNBC will tell you when the market is in correction so you can avoid it... Everyone knows when we have a major range breakdown.

I'm not even joking... I use to make trading calls sometimes in the TD Ameritrade chatrooms on stocks before and it took me a while to realize exactly why the bottoms I called were the exact ones half the time... People were starting to follow me around. LoL... That is why you don't...