Shanghai Composite wrecked of late - reason other than it's wreckable? It pretty much smashed the way many FX pairs traded during the Asia session.

AUD/USD

Excellent point. To clarify, let's say a girlfriend or boyfriend that is chaos. Fine if you keep them around, but most likely one would do better with someone who is not so troublesome. That doesn't mean going after someone as exciting as a piece of ...

Make More Money - Eliminate DRAMA

Correct, but Bloomberg TV has been mentioning it all day long. Fine, if a hedge fund wants to lawyer up, try to keep the money, and 1 in a 1,000,000 odds close shop because they successfully kept the money and ran, but they would never find any ...

Deutsche Bank: $6 Billion Sent in Error

Bloomberg Update: Trade most likely never settled.

Deutsche Bank: $6 Billion Sent in Error

CAD: Caution - election results due today at ~ 9:30 pm Eastern.

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

To clarify, not that the meter should define the start or end of a movement, but it should have a look back period like every indicator or bar/ candle. For example is it measuring strength over the trailing day or since the start of the day (5:00 pm ...

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

I won't go into details, but I do have another business concern which is a maximum commitment, but much worse... MASSIVE DRAMA to the nth degree. This is the damaging aspect of it, and despite best efforts, it has impacted my trading a lot. Maybe I ...

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

This strategy is very sound, but trading strategies are like racing cars. If you get behind the wheel of a Formula 1 car, you better know what you're doing. The past 24 hours of market have shown that there are always a lot of wicked curve balls. ...

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

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What kind of music you hear while you trade?

Daily expirations as reported by the DTCC. What about plain vanilla options that are written as derivatives and off DTCC?

How FX options can affect spot price heading in to expiration

Looking good. Market correlations shift over time, but this approach tracks the sentiment and activity of the market very well.

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

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What kind of music you hear while you trade?

It's actually the next best thing to a Bloomberg or Reuters, but sometimes it has it's downsides. They are fast and pertinent. For example, I have found that their ECB and even Fed press conference commentary is slightly ahead of feeds I can get. ...

What kind of music you hear while you trade?

Talking Forex. There is a person on there that I won't single out, but they are annoying as F. They are always louder than the others. Also, when they mention news that doesn't matter or state 'This or that just made the monster move of all time on ...

What kind of music you hear while you trade?

Rock and metal. video Anyone have an app that will fade out music when squawk app's talk?

What kind of music you hear while you trade?

- Definitely will be tracking during market. - My comments above about how the market can change what it's showing on the leading edge apply to most all technical approaches. - Thanks!

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

Broken Arrow Strategy: Example: - $100,000 USD account - Trade with $10,000-$30,000 of it in n' out. - When the position is in a loss, but most likely holding a range (that is not not even closeat all to a break away wild move like 08-24-15 in ...

Trading without SL: your profound experience