Watched a movie 'Felon' yesterday.....the guy got serious penalty because he chased and unintentionally killed a thief just outside his house protecting his wife and kid. I don't if the law shown in the movie is really in place in US but looks like ...

Cesarnc's market talk, gossips, rumours & fun

yeah I read that too....reminds me of the crude $200/barrel prediction. These strategists also stay with the trend

USD/JPY Discussion

Ranging is typical of UJ, thats why this thread is usually so silent. 5-15 min traders don't use this pair much. But UJ is heaven for option traders, if you wan to trade breakouts I would suggest do it through options.

USD/JPY Discussion

On weekly it is showing negative divergence now so I am also bullish on it. Also the stop loss is tight here for long trades so there is not much to worry. But If it keeps on ranging like this for next week as well I might recall my trades. Lets ...

USD/JPY Discussion

Its because UJ is all about intervention and BOJ threats. Their one statement defeats all FA TA. But still we can share our understandings here

USD/JPY Discussion

Yep, Fat tails at the end of bell curve. People think that the markets should not stay outside the bell curve (irrational) for long period of time, but historically it is seen that the opposite happenens....volatility increase and spread widening ...

Cesarnc's market talk, gossips, rumours & fun

Always assume a lucky streak and test it till you find that it is faulty.

How long should you test a system for?

Just wanted to add

Why martingale doesn't work in trading

What you say is true John but Martingale systems have their win/loss probabilities like any other system. For most of the people martingale directly implies starting at any point and average up. In fact martingale used with favorable setups give ...

Why martingale doesn't work in trading

lol...

USDJPY Prediction

With 5min TF you will be taking multiple trades each day...putting 4.5% risk on each trade is overleveraging I think. It will be better if you lower you position size to around 1% risk on each trade. win formula = (many small win + some big win)- ...

so i've lost half my capital

I ended my short here, holding my call options and looking for long spot positions. I think we might get a good entry for long at around 88-89.5 before that it looks risky. This week will be important for Dollar buyers.

USD/JPY Discussion

This is awesome....I never thought that UJ could gain such a pace. But 90 level for Yen should make people think about the export dependent economy of Japan.

USD/JPY Discussion

Generally there are only two kinds of theories; "One which have already been proven wrong and other which are open to be proved wrong. There is nothing universal." (Karl Popper) LoL this might conclude 'everything is relative'.

Theory of Everything, and Trading

They corrected it and restored previous conditions

USD/JPY Discussion

It's a very confusing period. BOJ is not saying anything about Yen level and no analyst is able to tell anything whether current value is good or bad for japanese exporters. An earlier Bloomberg survey (january) expected yen to be at around 96 by ...

USD/JPY Discussion

Post the source link/document where you read that.

Congrats! You just joined 5% or less

LoL....I was pushing my thoughts only to see if there appear good counter arguments to it....glad you liked them

Congrats! You just joined 5% or less

I concur. My idea would be to convince the person using my arguments (nothing fraudulent) to give food to hungry by his wish. If he is convinced he will give food otherwise not. Taking the food forcefully would be breaking one moral law for ...

The Ethics of Trading - Is Trading Parasitic?

Old is GOLD???? — Clay, clearly this is the way markets work. But I see something in this theory. Lets say the smart money buys houses on mortgage and gives them on rent thus creating a spread of positive cash flow in favor of the holder. For ...

45% world's wealth destroyed