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God thanks and I was 100% right.

It seems everyone is going big short under the teeth to the FED decision or press conference. I wonder what they do if they are forced to unwind ?. Hmm.... FX market sees a 25 bps cut for 100% sure now.

Most on Wallstreet (two third) are expecting a 50 bps cut (me too) and that for good reasons.

"Too late too little" everyone will be screaming with a 25 basis point cut tomorrow. I think twice 50 bps cuts in a row are required. The risk is a recession because of the FED being too slow. I mean they have been wrong at the begin of hike cycle explaining us with a new model of larger...

How to Improve Commodity Momentum Using Intra-Market Correlation Momentum is one of the most researched market anomalies, well-known and widely accepted in both public and academic sectors. Its concept is straightforward: buy an asset when its price rises and sell it when it falls. The goal is...

There are over 140 bias counted for any human. You are only saying about the tip of an iceberg, first. Second, I believe you had a bigger loss or larger drawdown and now you are trying yourself to explain something that has no meaning. Because, third, over time you will make money with your...

I know, but how do you know this as trader ? When does a broker decide on what criterias to do this ?

This question is crucial for any FX broker to know whether you should be A-booked or B-booked as trader. But how do they know this when to hedge their position to other counterparties ? What kind of trading statistics you need therefore ? What do you think or assume here ? When do you know as...

It must be 50 basis points, cause the expectation is now 2.5% for CPI today. A few days ago it was 2.6% expected. If that comes in near like 2.5% or 2.6%, the FED can justify easily a 50 basis points cut. Everything else would be too hawkish causing likely a recession rather than a soft landing...

There was the turtle trader experiment in the 80s and 90s then. And it was successful. Meaning that over 90% of aspirant traders can be successful later if they had the right experienced and consistent profitable trader as MENTOR. So to speed up the process and chances any MENTOR could be very...

For example there was a saying in the bank, that a studied person in a bank at the front office, had a 50% chance to be successful as a trader. Of course there are some market making profits involved, but there are also overhead cost which every trader needs to cover, or (s)he will loose this...

I do not know a longterm stats about trading success specific on daytrading style. But I know that any trader that spent considerably a long time like at least 7 years on trading seriously, the chances to be profitable goes up exponentially to at least 14% I have read. Of course there are other...

Very good traders trade size. On ES futures you can daytrade up to 10000 contracts. So might be 20 such large traders across the globe. The rest is divided among the true retail then. I do not know how you can daytrade with such size profitably (almost) every day, as you need to have lower risk...

Which US hedge fund ? One big name we know all ? Any HFT firm ? How they were involved according to Sarao ? Anybody else got punished for that Flash Crash ?

There was one turtle follower from the original trader Dennis, who traded with the moving averages but only if they had a certain degree on chart. So any flat MovAvg showed him that the market was NOT TRENDING and only ranging. Of course you are missing good portion of the move with this...

Forget the books. Just read the charts. That is all you need.

Look at support and resistance levels. When there is something bigger coming, the chances are much higher that the price is ranging on that level and come back for a while. Easier said than to spot of course. But overall it should be true.

My Forex Funds Case Gets Senator’s Interest: CFTC Chair Must Clarify “Process, Procedure” https://www.financemagnates.com/fore...ess-procedure/ The US Senator from Iowa, Charles Grassley, has sent questionnaires to the CFTC Chair to clarify the misconduct and the steps taken to rectify such...

When you say it does work on all, you should sharpen your strat, because on certain timeframes and symbols it works better than others. Using only the best here will make you more profits in the end.