Search results

Mav, you see anything interesting developing in FX land? Looks like USD/JPY is ready to explode on upside...hitting my monthly Aup right now but it is towards the end of the month...

I disagree...even if you priced SP500 in terms of euro and yen to account for currency fluctuations and relative valuations, it is still on the expensive side. However, I won't argue that it may have farther up to go...being expensive has never stopped people from buying before. As for Valeant...

Stocks have been shooting up and down 15-30% in one session over earnings or other news that do not warrant such reaction. Valeant lost like 50% in one trading session over a report some guy published from his home office? Is this all HFT related? Is this a sign of crazy high valuations and...

You could have given your constructive criticism without linking or mentioning the site like many others before you have. Also, why does it matter to you whether I make or lose money? Let me worry about that. I don't get it.

Stop hijacking his thread to promote some shtty site

I think it has to bearish now

Mav, What's your opinion on USD/JPY here...it's in a tight spring right here. my NL just confirmed to the upside on this pair.

I'm new with options...when you say "cheap vol plays," what does that mean?

I'm trying to plot mine but they're not ideal yet since I'm not too good with codes

Hi Mav, If you don't mind me asking...what time do you use for the London open and since fx is 24 hours...what is your cut-off for when the session ends?

I see the bounce off the monthly Adown as well but my 30 line is so negative from the past weeks of people selling AUD and NZD. How in the world is your 30 line confirming to the upside for this pair? just curious.

You are basically selling premium: you're the insurance company. It's the same as being short vol...you're making pennies and losing dollars. Of course this is only true if this is all you do.

No...he only lost 50k of his own money. The 25k is the broker's money. So basically he had an "income" of 25k because obviously the broker is not going to be able to collect from OP. Since this will benefit OP, it is treated as taxable income.

That's not how that works. Your net loss is still 50k...your income is 25k now..and it will be taxable. So instead of having to pay the full 25k back to your broker; he will claim a loss on it, and you will claim it as income and pay taxes on it. So, you will probably end up paying like 15-20%...

you're playing the insurance agent and you have pennies in your account. you will blow up.

is this the puke that we are waiting for?

anyone know where I can find charts for interest rate curves say...US vs NZD...US vs GBP on 1year-2-5-10-30 year context? I know bloomberg offfers this but I cannot afford that. Thanks in advance.

For you to leave a losing position dwell to more than -70k, I'm assuming you're trading mean reversion. Mean reversion works well most of the time but you have to pay up once in a while. It's part of the game.

Neke, I have followed your threads for a few years and have usually remained as a lurker but seeing this really brings heartache to me. I am trying to figure out my trading as well and knowing that you're successful tells me that it's possible. I have a good paying job but my passion is trading...

Mav, would you take a trade against a confirmed number line? I mean the NL is supposed to measure the overall health of the current movement.