Nah, it's more to do with volume vs spread on lower TFs. Gotta work now so can't explain further sorry. GL

The Really Useless Thread

Well, E/U does look awfully bearish. And every man and his dog wants to go short again. But I'm itching for a reason to go long based on the perceived lack of selling strength in this leg down, and I think I've just found one. So, in live, gonna ...

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I don't want to get into an options debate on this thread Sisse, but as you know there is no free lunch with these things and the best strategy depends on how long the market will take to go in your favour, and how deep it will go against you while ...

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I think in his case he would want to sell calls, not buy them, since his spot position is long. If price went up then his spot postion would cover the increasing premium of his options. If price went down he would benefit from the decrease in ...

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My quick 2 cents on this... 1. The futures are directly correlated with spot. The prices are a few pips/ticks apart to handle swap costs on the futures - they converge the closer you get to expiration - but this barely affects the direct ...

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Thanks for taking a stab. At this time of the night and after just watching the awesome new TWD opener, I don't have much more to add! Except I think you forgot to mention the ECB bond-buying situation, i.e. taper or continue from April. I think an ...

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Sorry guys but this is the last iteration and only open to the handful of traders who are still in (survival of the fittest).

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However, knowing the principles is one thing but they only work well if you know the direction. This is what you were talking about last week Pharm0r. If we get the FA wrong then we'll probably be trading our maps wrong (except at extremes maybe ...

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Thanks for taking the time out of your weekend to post this great wrap up Sisse. It's one to bookmark and keep reading until the principles become part of your soul. I'm also looking forward to the TA hints coming in Chapter 8. Thanks

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N225 is already on the move, and has finally broken above the super-sticky 17000 level (I mean meaningful closes above, not just one-day spikes) for the first time since April. There are rumours that the Saudis are involved with their new $100 ...

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Yeah, short would have been better! Feel free to use and abuse me mate. I reality I've been mostly flat on EUR/USD, but I did go long before ECB on the chance of tapering talk, and bagged 40 pips when I realised he wasn't going to be pushed into ...

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Personally I'm not ruling out longs yet. There's something about the price/volume relationship in this move down that makes it look very weak; in fact, makes it look like smart money is buying into it. It doesn't make sense on the FA side for EUR to ...

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Sisse, I'm still confused about your 'roll play' terminology. As I understand it, they mark a change in direction but there are two types: 1) Those that form an obvious pivot (e.g. the end of a pullback, prior to continuation in direction of main ...

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Also missed it because of my timezone, but like you would have gone for BUY in iteration 20. In reality I booked my last profit at 1.1010 and am now flat in EUR/USD, awaiting further confirmation.

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Sounds great C. Welcome back!

Diversified Trend Trading – Excel Projects

I think what Sisse is giving us here (correct me if I'm wrong) is a gauge of the market's expectations when he says "short-term outlook is neutral", "mid-term is sell", etc. He may be basing this on institutional opinions and forecasts to a certain ...

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Here's an interesting and easy-to-read article about China's new SDR-denominated bonds, which were issued a few days ago. Have the Chinese government and/or large investors been selling their US treasury bonds recently in order to buy SDR bonds? ...

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Had to look that one up Ken: Special Drawing Right. Not to be confused with SPDR of course (a type of S&P 500 ETF). I'll look into it, thanks.

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No, you're absolutely right. 10-year is the most important one to track, as far as I know, and I'm sure the break in correlation you posted is the one he was talking about. This could indicate a reversal in US equities, or a correction at least, is ...

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