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By macro I simply mean longer term trades. I don't scale. These trades don't last that long. Usually one to two weeks. I have lots of layouts saved for the macro stuff. So it's really as simple as pulling up my commodity layouts and looking at my quad grid. My quad grid has 4 charts that...

Great story. Now I am going to have to listen to that interview. :)

Here is another possible good setup. Soybeans have been on a tear recently. Up close to 50% on the year. And we just happen to be approaching the QTR A up at 1480. We currently are sitting right at the monthly A up at 1458. These beans really popped on Friday and the Bean options were going...

I follow all markets. I do NOT day trade commodity markets. I do put on macro positions on everything. I would call myself an opportunist in these markets vs someone who is actively trading them. In other words, I don't take every swing trade I see but if I see something that is lining up...

Here was my post back on April 9th. I mentioned that the QTR A down would be a reasonable target and sure enough, here we are. I also mentioned that QTR levels tend to mark the end of long term trends. That is not to say THIS Qtr level is the one but it's a reasonable entry here for a bottom...

Here is that attachment.

All the Yen pairs bounced off their Quarterly A downs to the pip! As I've mentioned before, the QTR levels are great for marking the swing lows in corrections. They also are great for showing the end of long term trends. I've attached the CHF/JPY chart for your enjoyment.

Here is the comparison between only CHF/JPY and USD/JPY. As you can see, the swissy is still outperforming by 100 basis pts.

Here is an update on the Yen race. I'm attaching a comparison chart of the 6 main yen pairs from the Feb 10th breakout. In the lead now is GBP/JPY with a 7.50% return. In last place is AUD/JPY which got hit on the broad market sell off. CHF/JPY is tied for 2nd at 6% return.

I have to say this again, the market is acting like shit. Today's price action was god awful. Pop on the open then sell them hard the rest of the day. Energy, financials, semis, tech and obviously AAPL looks like it's about to get cut in half. Personally I think AAPL will get down to 525 to...

This market looks like total shit right now. Here is how I look at QTR A levels. I have always said on here that they serve very little purpose except to mark the end of long term trends and call the bottoms in corrections. So far, that is what they have done. However, the number lines look...

Charlie was a spreader. All bond traders are. Most of them are spreading different months against each other. Or they may be spreading notes over bonds (NOB) or Treasuries over Euro Dollars (TED) or 2's and 5's over 10's. What they also use to do is watch other correlated products to try...

Trends are much smoother on the upside then the downside. When stocks get too cheap you run into valuation issues where mutual funds and value managers will scoop them up. There is also the asymmetrical aspect of log normal distributions. The downside can only go to zero but the upside is...

A lot of stocks making new 52 week highs today. A word of advice for any newbies on this thread that are struggling making money trading. Take time every evening to go over all the stocks making new 52 week highs. Go through all the charts night after night after night. Just doing that one...

Anyone see a pattern here?

"The sun made a bet with the north wind one day. He says I bet I can make that man take off his jacket. I'll take that bet says the north wind. And so the north wind blew and blew. The harder he blew, the tighter the man held on to his jacket. Then the sun came out and warmed up the sky...

http://imranwrites.blogspot.com/2010/04/zen-buddhism-and-modern-stock-trader.html

Great story! Too many people try to "make" the market do what they want it to. Trying to pick tops and bottoms. Basically attacking the river and showing it whose boss. LOL. If you just listen to the market instead of arguing with it, you will "flow" with it much easier. I think...

Shan, I don't think anyone wants to talk about psychology. LOL.

Yeah, the nomads have left. On to the next thing. "All the world's a stage, And all the men and women merely players; They have their exits and their entrances, And one man in his time plays many parts" William Shakespeare