An interesting thought I had over the weekend. We often think about the Eurozone as an area with 15 (or whatever) different nations with completely divergent economies trying to operate as a single unit, with a single currency, and a single interest ...

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Bullish Engulfing Outside Bar? — Bullish Engulfing Outside Bar? image eh...Whatever. Happy 4th of July everyone! Have a great weekend!

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Another interesting Euro Chart (well...gold chart really) — Check this one out... Chart has my comments. Gold priced in Euros... image

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EUR Monthly... — Since yesterday was month-end I thought I'd go through a few monthly charts and see what I could find... image ...Which reminds me: Are you guys still in that Kiwi short that you took off of that monthly pinbar? Cheers!

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Agree 100% on your last point. The chart on the market looks broken to me... Small correction though. The S&P started the year at 1115, so it's down about 7% for the year... Could be worse though I suppose...China, Brazil, Greece, Spain, and lets ...

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These are from Broco but I just use them for their charts...You could also re-create these in NinjaTrader, which is 100% free for demo trading, using any broker's feed you like (or even using delayed data from Yahoo! Finance). On a completely ...

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10yr & S&P... — So here are two charts that are sitting at some interesting levels... S&P 500: image 10yr US Treasuries (a familiar chart by now...) image Fear is back...

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What I want to know is why we weren't shouting from the rooftops about AUD/JPY when it made a beautiful pinbar at 80!? Nice trade all the same(r)...

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My Take on Housing... — This is a subject that's been on my mind a lot lately, so I hope you don't mind my musings on the topic...And sorry in advance for the slightly long post...I do think that housing is one of THE keys for the US economy ...

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It was a serious question - for a while there it looked like Paraguay was going to get the upset. Now its looking like a draw... PS: Surprised you were watching CNBC and not ESPN -- You must have 2 tvs!

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That was all Chris -- I just posted a way for us po' folks to trade it! More importantly -- Italy or Paraguay?

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SGG Follow-up — Not a bad call. Sugar up about 10% in the month since we posted this (5/10/2010): image

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HUF — Thanks dude. If you want to see something funny/weird, I was able to pull up some ancient history on this pair (i.e. very looooooong term history on this pair) and this thing if it breaks could have a very long run ahead of it. Check out ...

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Terrible NFP report... — Wow... that was a real stinker of a report today... If you ignore census workers, the US economy added 41k jobs... (expectations were for 180k). Funny, most job reports where the economy adds over 431k jobs is a "good" ...

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HUF: — Here's an outside the box currency -- The Hungarian Forint (USD/HUF)... As you can see we printed a weekly pin last week, right at resistance (~230ish). So you would expect this to be bearish, however it looks like it's in the process ...

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I hear you. Different people have different styles and risk tolerances so I shouldn't suggest smaller trade sizes than what you're comfortable with. However even if you have a system that wins 70% of the time, there's a non-zero probability you ...

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I assume you're referring to May with these numbers? I would say if you did 4 trades in May, that's certainly not over-trading, however just eyeballing the numbers, it does look like you might be risking too much equity on each trade. For instance ...

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Quite the contrary -- Your post makes total sense. Main street always tends to be holding the bag when wall street is done having their fun. Seems to happens every time. To add another old expression to your post -- You don't kill the goose that ...

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You're arguing against giving advice & using message boards, not the actual benefits of playing in a zero sum game. To which I would say: Why are you bothering to respond to the message if there's no value to be gained on message forums such as this ...

Is trading a zero sum game?

No, I don't disagree with you. There are serious headwinds in the world economy... Things like LIBOR can be like a canary in the coal mine for risk and inter-bank lending. The Euro situation is especially troubling -- In fact I think what spooked ...

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