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    Global Macro Trading Journal

    The need for prediction is reversely proportional to the amount of information one has. Imagine 4 individuals in the middle of a dark night. 1. Old one. That one observed sun rises for 4 billion years 2. New born. Has not seen a sunrise yet. 3. 1 day old. Seen one sunrise 4. An alien on...
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    Daily Hottie

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3247424">
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    Daily Hottie

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3247422">
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    Daily Hottie

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3247419">
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    Daily Hottie

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3247417">
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    Daily Hottie

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3247411">
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    Looking for partners to invest in LFL

    This league is going places. Any one interested to invest? http://www.youtube.com/watch?v=gZcSEE7TuGU
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    neither TA not FA?

    What is a trend line? I think it is in a form of p(t) = a + b(t) That is not going to work.
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    Trends in random data

    More prove:
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    Trends in random data

    And here is why:
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    Trends in random data

    This is a chart of the close price for EURUSD 10/17/1994 till 7/3/2001 The Deutsche Mark is used as a proxy for the years before 1999 How much would you believe this trend to make a prediction for 7/4/2001????? If you offset the line up you can make it a trend line or a channel if...
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    Trends in random data

    I believe that I can prove that trend lines and channels are useless. But I don't want to stick my neck out here. It will get cut in a mil. second.
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    neither TA not FA?

    The problem with TA is that Y(t) = a + bt Is not appropriate for most financial time series. x(t) and x(t+1) are quite correlated. A simple acf() from R will show you that. QQ plot and a histogram on the residuals from the lime model will show a substantial trend pattern.
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    neither TA not FA?

    These work: <img src="http://upload.wikimedia.org/wikipedia/commons/3/3a/Astrologyproject.svg" /> <img src="http://upload.wikimedia.org/wikipedia/commons/7/79/12_houses_of_heaven.jpg" /> <img src="http://upload.wikimedia.org/wikipedia/commons/d/d1/Zodiac_woodcut.png" />
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    100 orders for new 166 pass. China Jet

    http://www.businessweek.com/news/2010-11-16/china-wins-100-c919-orders-breaks-airbus-boeing-grip.html China had 1,259 commercial aircraft at the end of 2008, according to the nation’s aviation regulator. In 1980, it had a fleet of about 140 commercial planes, mostly seating less than 50...
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    Germany attacks US economic policy

    Do you have the freedom to take a risk? Or is your government collecting big tax to set a protective net around you, this limiting the amount of risk you can take on your own? Are you free to make choices about your live? How about the unions in your country? Are they strong? Are you free...
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    Who Here Trades Like a Sniper?

    Click on your link to go to the youtube video. Then click on the Embed button and copy (Ctrl+C) the code given. Come to ET and paste (Ctrl+V) the code in your post.
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    Who Here Trades Like a Sniper?

    Here is an ETer taking a practice shot: <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/YLTvUNn3Suo?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...
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    Who just launched an ICBM 35 miles from SoCal coast?

    Riddler perhaps? See around 55 sec. it shows what happened. <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/62Iss5TQLhU?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...
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    Who just launched an ICBM 35 miles from SoCal coast?

    They tried it again today but it failed: <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/ey-pxV7qPZQ?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...
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