Trailing stop is in, the profit is acceptable but not exceptional. ;-)

60% chance of global recession: Pimco

Aye, but rules in the trading plan are there for a reason eh? ;-)

60% chance of global recession: Pimco

I find the news items fascinating, beats contributing to threads on edge/strategy which have been repeated and replicated thousands of times over across so many forums. There's nothing left to discuss on main forums IMHO, its all been done, its all ...

60% chance of global recession: Pimco

Bill Gross knows how 'it' works, he's worth paying sit up attention to. He is totally sussed. As a friend of mine, who has taken over 350ml out of the markets and has now taken his fund private told me once; "you don't become that wealthy without ...

60% chance of global recession: Pimco

I'm still long cable...tempted to close.

60% chance of global recession: Pimco

No buddy, its a shocker but you know the drill, you know the score, you haven't drunk the Kool aid. At some stage that mammoth in the corner of the room will have to be faced. They always knew, the Fed, the ECB, and the BoE, that they were sailing ...

The Fed's other trillion dollar problem

+1

The Fed's other trillion dollar problem

But the meme from the Fed and the USA admin is that debt is irrelevant, eventually they'll just socialise that debt onto the masses and it'll be 'magicked' away. Recent numbers suggested that the USA had bought $2 of growth for every $8 of debt.

The Fed's other trillion dollar problem

Incorrect, he asked if they got paid for what he considered to be meaningless insight. Yes they do get paid, considerably more in a year than you'll earn over the next decade and their insight is well presented, well versed, simple (minimalist) and ...

EUR/USD: Challenging the resistance at 1.3319

Decent, minimalist well presented analysis by guys who know what they're talking about. Probably on circa €50k per annum each, that's about €60k more than most traders on this site will make this year. Want to make money in retail forex? Work on the ...

EUR/USD: Challenging the resistance at 1.3319

It's been coming, Greece is a omni shambles atm, really sad ;-(

Market talk of a "no confidence" vote in Greece today following reports in Greek...

Trolls divert online discussions into non-productive, off-topic venues. They pose as part of a community only to disrupt it. Trolling is anti-social behavior. Some of the techniques trolls use to accomplish their objectives are: Pithy put-downs ...

Traders Said to Rig Currency Rates to Profit Off Clients

Greece and its issues has gone off the mainstream media radar of late but the problems (on a humane level) have exacerbated.

Greece Closes State TV and Radio To Save Money

Sigh, I/we trade with and through ICAP/ebs, its a level of trading that youll never aspire to given that you're imprisoned in your self imposed failure. But you carry on with your little fantasy and pathetic attempt at smearing, it's just another ...

Traders Said to Rig Currency Rates to Profit Off Clients

The fact that retail platforms and brokers rig their own synthetic market is nothing new. Despite the invention of supposedly new and transparent access methods to market, such as via ECNs, it's as rigged as FXCM proved when they suffered a massive ...

Traders Said to Rig Currency Rates to Profit Off Clients

Of course it is and yes we do. Price is determined by news events and the type of fundamental policy decisions we see central banks and govts make on a daily basis. Technicals are all lagging indications of news events. These technicals then appear ...

Greece First Developed Market Cut to Emerging as UAE Raised

"are we under-capitalised?" What, not contained in the list? Well there's a surprise...

10 Questions to ask ourselves when our trading sucks

Who knows? Whatever, that's actually a decent article by FXCMs best analyst by a country mile.

Is Today the Start of a Major Australian Dollar Bounce?

Try Bill Williams' trading chaos book from the mid nineties, its that useless he gives it away. Now beware, he's a trained psychologist and never was a trader in a hedge fund or trading firm. He spotted a gap to justify randomness and for a few ...

Asmussen: ECB would not vote in favour of haircut but would accept being overhauled by other...

Bondholders would take a hit on their returns In finance, a haircut is a percentage that is subtracted from the market value of an asset that is being used as collateral. The size of the haircut reflects the perceived risk associated with holding ...

Asmussen: ECB would not vote in favour of haircut but would accept being overhauled by other...