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  1. K

    If you lost money trading in 2016 here is my xmas gift to you

    Thanks again for your reply. Points noted. Any particular reason you say to that FX crosses to be avoided? Due to their high volatility or any other specific reason?
  2. K

    If you lost money trading in 2016 here is my xmas gift to you

    A quick question. I am already seeing the value in your posts and cannot wait for the rest of it as it is a complement to my own strategy or fine tunes it. Can this strategy or technique be used in lower than 15m esp 5m or 1m and why not? Like earlier member suggested, take one chart and explain...
  3. K

    Goldman Sachs to pay $120M to settle charges of benchmark tampering

    See the top of the crop or banksters who have friends with top law makers never get arrested. They get settled. I think I can easily bet on my carrier that in my life time, no banker will get arrested. :)
  4. K

    If you lost money trading in 2016 here is my xmas gift to you

    Thanks for your time/explanation. I appreciate it.
  5. K

    If you lost money trading in 2016 here is my xmas gift to you

    Thanks.. Go ahead and explain the charts (if you can) as I like simple price action based ideas, I am open to learn from anyone if it makes sense! :)
  6. K

    SEC Charges Platinum Funds and Founder With Defrauding Investors

    Senator Elizabeth Warren working hard to change this,but it will be very difficult with all the friends of Trump's committee are from Banking/Wall street background, legislation changing on that angle is very hard.
  7. K

    SEC Charges Platinum Funds and Founder With Defrauding Investors

    Yet No Bankster (read fraudster) got arrested or went to jail. All bank looters get to settle the case with DOJ. So traders if you want to commit crime, join a bank! :)
  8. K

    Trading and swimming analogy

    Well. It may not be a perfect example. You can test the waters (not so deep) once you learn basic swimming. But as you gain confidence/experience you may try to swim in neck deep waters. Beyond that depth you need more skills and more experience. Of course good and skillful swimming can be...
  9. K

    Christmas Break

    Thanks. Not trying to pick on you. Just trying to understand. What you say above is subjective and how one can identify the appropriate level of sanity? Can you elaborate? Are you referring the volume?
  10. K

    Christmas Break

    Interesting... Thanks..
  11. K

    U.S. Kids Keep Getting Dumber; Ranked 31st Of 35 Developed Nations In Math, New Study Reveals

    Another one puzzles me is why not many american kids (white/black) in music/fine arts/visual arts in schools. They are in band/sports related stuff. But none in music which is almost full of only asian students.
  12. K

    Christmas Break

    Why 2 month break in Jul/Aug? Any fundamental reason or your personal/schools off/ time off for vacation?
  13. K

    Using Excel To Track EMAs

    Why cannot you use the charting platform's tools to calculate/EMA levels an use it directly there? You can watch your own pc/monitor (thru remote access if it is allowed at work! :) j/k ) If you just want the ema levels, most platforms/charting packages can text/email you the levels if it can be...
  14. K

    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    http://www.marketwatch.com/story/ex-new-jersey-governor-jon-corzine-close-to-5-million-cftc-settlement-2016-10-06 In MF Global’s final days, a $1.6 billion shortfall in customer funds emerged. It took more than two years for the trustee overseeing the liquidation of MF Global’s brokerage unit...
  15. K

    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    The big boys who have high profiles friends will never get prosecuted. Same with Former NJ governor (do not remember the name) who used his FXBrokerage's funds but he was not charged... -- http://fortune.com/todd-newman-diamondback-insider-trading/ That meant Diamondback was an obvious...
  16. K

    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    This must be a bitter joke by the AG NY office, or? If this case goes through, 99% of Wall Street fund managers must be jailed. >>> What do you mean? What they have done is normal among traders/hedge fund managers? So only those who caught did not have any 'friends' at high places?
  17. K

    Currency pair correlations exist or Not? Criteria for choosing a pair - Trend or highest volume?

    Thanks. I find it very difficult if it is not precise, so I cannot depend on correlation and trade each instrument on its own TA study/chart. Now for the 2nd question, if I am trading GBP/JPY what is the next best pair to trade which should move along with gbpjpy? Is it GBP/USD or USD/JPY? If...
  18. K

    Currency pair correlations exist or Not? Criteria for choosing a pair - Trend or highest volume?

    1) I have observed some correlations do exist with related to GBP/JPY and DOW, gbp/usd, usd/jpy etc? Does these correlations work all the time or there are other factors that can influence/affect their correlations/influence of one on the other instrument? For example gbp/jpy may move similar...
  19. K

    Trading FOREX at home and winning big!

    Here is a post by another member (CBC) who is written against fx comparing futures. Just posting here to see your view on this. -==== https://www.elitetrader.com/et/threads/advantages-of-trading-fx-futures-over-spot-fx-do-they-trend-similar-technically.304731/page-3 CBC Alright kent, it looks...
  20. K

    Recommend to trade for a living ?

    Birzos, Thanks for your input. Do you think rentec (nyc based hedge fund) which never lost a year or a winning streak of 20+ years of good returns on HFT also subjected to the above scenario you explain?
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