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Alphabet city is probably overpriced already but would be fun place to live.

Set to last price. The euro trigger worked normally, I wonder if it has something to do with decimal place of jpy?

Try setting an alert for JPY Dec contract for a price a few pips lower than the overnight low -- it goes off immediately. An alert for a price >= some number that actually trades, nothing happens.

Blackjack is a closed, finite system; basic strategy was only "proven" to work after thousands and thousands of simulated hands. Markets are a totally different ball game. By the time you cull comparable "paper" evidence to have enough confidence to employ a method, the market will probably...

How to put this -- you've got to get to a mental place where you view the market as far less random than a deck of shuffled cards. Imo, the whole point about comparing trading to blackjack comes down to 2 lessons: 1) that one reserves his betting for the most optimum situations while...

Something wrong with NYMEX electronic this morning?

I think Decembers are becoming front month soon. . .

The thing about rationalization/contrarian reasoning for any position is the fact that one can continue holding on to these opinions to put off closing out the position until the stock goes to 0. I do not think it is a viable attitude to make a habit of, as eventually the bullet will catch you...

Most traders that turn from stocks to futures/commodities experience a transition period which could be both long and expensive, as they find that their prior methods in equities just don't translate over to other markets. Trading small-mid cap stocks is pretty much a different planet compared...

You only asked why many are doing it, so I just gave a few reasons why forex is attractive to smaller traders. Whether they are making money doing it is a completely different question.

High leverage and the fact that it only takes a couple grand to open an account. Profitability is probably not an issue, given how retail forex market is structured.

Was this release already priced in the drop we got today?

I'm surprised at some of the trades in YG that were allowed to stand. However, maybe the cbot's rationale was that, at the time of execution, gold had 4 separate markets open (5 if you count spot), so there were enough information venues and alternatives for traders to pick and choose where to...

What market are you looking at? Plenty going around in currencies, metals, bonds. Those things called stocks don't open til 9:30, I think. :D

If someone's stop-loss order to close a position is triggered into a big spike, and he gets a horrible execution which is later busted, that just still leaves the person with an open position, correct? Meaning they don't adjust fill prices, just cancel them?

Trade bust possibilities here? Don't want to cover til I'm sure it's a keeper. edit: Probably not, lol

How do you base a trading strategy on "shorting the euro"? :) At least everyone here can say they are in sync with market sentiment -- it's only when everyone gets caught leaning the "right" way that explosive moves can happen in reverse direction. So I guess it makes sense that when this...

PMI comes out earlier for "subscribers", doesn't it? Or am I getting confused?

Agreed, god forbid one makes money knowing the reasons "why", which means less money for the rest of us. :)

Definitely good advice here, the use of line charts easily erases most of the false signals a system might give out, while preserving all the winners. I take it the charts you show are just for illustrative purposes while the actual trading signals are numerically triggered? Or are you...