Global Macro Trading Journal

It's funny as once again reports over here were present of people attacking bank clerks about losses in their bankstock and people so scared they were pulling their money out of the bank again like it was 2008 all over yet that turned out the perfect time to buy again as they are up 20% to 30% from the lows here...

Being a contrarian....not for the faint of heart...:p
 
Has anyone seen what are the net present value loss estimates of these private 'contributions' to the EU Greek bailout?
 
With regards to 'price action' trading and the trendfollowing wizards of the forum who claim everything is so easy if you just follow the trend It appears that this guy tried to test all kinds of TF systems

http://www.elitetrader.com/vb/showthread.php?s=&threadid=146764

On the last page he provides a breakdown of his attempts and say he couldn't create a profitable system using that approach. It seems to me that if TF was such edge on short-term trading he wouldn't have much difficulty finding profitable systems

I believe he posted recently saying he did found a system with clear rules that was profitable but he doesn't use it. He forward tested it because he couldn't program it
 
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Compounded, it's even more impressive.:cool:
 
Dollar getting destroyed tonight and stocks rallying worldwide - the reason appears to be a Goldman report saying the weak economy means the Fed will soon be launching additional QE, even if inflation remains above target.
 
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