Singapore, Taiwan, South Korea, China, India, Russia, Brazil all down -3% to -7% today
and all in bear markets. Since October the SPY/EEM , talked about in ACD, continues to trend well.
Given that a long USD is heavily 57% (?) Weighted in euros it would effectively cancel/offset 57% of the short EUR/USD. You would then be be long the remaining components of the USD index and short EUR/USD an equivilant 43% of its original position size.
This of course depends on equal sized...
You might find some similarity in what you are doing to the poster FXintruder.
He has a couple trading threads and I have found him to be amongst the best reads here.
1 and 3, the brown line are strongly +correlated and typically mean reversion strategies are used here. Play on convergence.
The other two lines are possibly un or negatively correlated and are a bet on relative performance as in buying the stronger and selling the weaker. This is a play on...
http://www.bloomberg.com/news/articles/2016-01-07/adxy-below-1998-trendline-points-to-more-downside-risk-analysis
Asain peers charts and comments in this article seem to imply they will respond to China devaluation. Worse than past Asain crisis? Hell in a handbasket?
http://www.elitetrader.com/et/index.php?threads/the-acd-method.170318/page-1024
(See video)He got a lot right in 2015 and expects spillover into 2016. What didnt happen was a break of the 125, USD/JPY level. That could be a key factor in 2016.
Concidence that the ECB and BOJ both acted to...
I am a fool for not taking, listening to the call and managing it in my own way. Everyone is different. Grizzled veterans, seasoned pros have sat beside this guy and acked how good he is.
There was a moderate cold snap and the thing cratered. Didnt Rogers wait $200 for gold to turn. He is...
Sounds a bit like early years Bruce Kovner of market wizards and hedge fund fame.
Im not a trader and wouldnt know a single one if I passed him in a strip club. I assume these ex-institutiomal guys have been constantly steered away from whats not likely to work to what
can work, they know a...
The 2005 Greenspan comundrum. Deja Vu. If treasury 10 year notes and bond rates do not respond to fed policy on this first hike and say one other, that would seemingly place the feds optimism at odds with the markets pessimism, further flattening the curve.
Will the fed further reduce incentive...
http://www.bloomberg.com/news/articles/2015-11-05/iranian-oil-goes-back-on-the-market
Apparantly unknown how much Iran has in storage as well.
I would like to read some stress scenarios of oil at 30,25,20,15 dollars.
Marginal players drill till they drop I suppose. Credit/ Solvency issues in...
Did you see what was in the US spending / budget released a week or so ago?
The end to the 40 year ban on exporting unrefined products. No kidding.
Remember June, 2014 when Putin was stressing out the world with Ukraine and oil was advancing practically each day. Well to the very day, the top...
China joining in , working on thwarting the emergimg markets currency and equity slides. Fed admittedly watching that and everything you said works on behalf of that AND they got their rate hike in. The entire US rate curve translating down post fed with USD cancelling the 3 day treasury rally...
I wouldnt know. Is it more than "ringing a bell" where a trader then applies discretion or a mechanical system. I simply wonder if the text message is used as input to logic/conditions
and trading signals are output. Seems to fuzzy/variable .
How does an algorithm fator hints, leaks, statements, concesus and rumors. Discounting begins on price to varying degrees when the report or event may be weeks away. Then comes the event. The market decides if the previous discounting is proportionate to the event or if the event has met or...