Why the dollar? The only major carbon emissions trading is currently done in Europe, so you would have to buy EUR first. The US is not a Kyoto protocol signatory, and is the only nation in the world that has explicitly stated that it has no ...

Trading the Supermodel Indicator

Reuters Bloomberg

Is Bernanke next on the hitlist?

Good post merlin, I especially agree with the following: It would call into question the entire process of choosing a chairman. I'm not sure how many beers it would take before I consider the man attractive though... so your 6th point seems a bit ...

Is Bernanke next on the hitlist?

Back to the original subject... I don't think Bernanke will be leaving his post just yet. If he lost his post now, the entire Federal Reserve system would look like a joke, completely at the mercy of the markets. Once a recession is official, even ...

Is Bernanke next on the hitlist?

My thoughts exactly on the Viper . Likewise with the Corvette, to a lesser degree. Not to mention the Ford GT-40. Compared to their European counterparts, they provide more bang for less buck, and I don't just mean in a straight line. Um, slightly ...

Technical Analysis Fallacy

Try Saxo Bank (Singapore). As far as other good retail brokers... IBFX - excellent execution, no slippage, some requotes, occasional technical difficulties EFX - superior execution, low transaction costs, but crappy trading platform Hope that helps. ...

Technical Analysis Fallacy

It is probably not pure coincidence that this action was taken today. Remember the CBs have charts too... so SL, the fact that most bearish formations have been invalidated may be a part of the plan. CBs, especially when acting in concert, are a ...

Lazy analyses thread

His chart is of CO2 concentrations - not temperatures. The assumption is already made that high CO2 concentrations contribute to climate change beyond the natural cycles. So a chart showing a steady increase in CO2 concentrations in the atmosphere ...

Trading the Supermodel Indicator

You can! They might be working on a way to securitize global warming. Think of the carbon trading market in Europe as a result of Kyoto and the new one being developed in the US (backed by the Governator of California himself). It's a big step in ...

Trading the Supermodel Indicator

I just meant OTC spot as opposed to an exchange traded futures dealer or the like. A decentralized market would be key in this strategy. Yeah I figured some big players would already be on it... I understand about there not being a single market, ...

Vehicle Currency & Interbank Market

As far as I remember, the Kelly formula does NOT yield the correct "optimal f" unless your trading system meets some very strict crieteria. It's usually a good idea to have at least some sort of exit strategy BEFORE opening a trade. That often ...

What do you think of Risk/Reward ratio?

Of course everyone needs rules. If there were no rules, there would be no Fight Club. 1st RULE of FIGHT CLUB: You do not talk about FIGHT CLUB. 2nd RULE of FIGHT CLUB: You DO NOT talk about FIGHT CLUB. 3rd RULE of FIGHT CLUB: If someone says "stop" ...

Technical Analysis Fallacy

Keep in mind that getting a statistically reliable expectancy value can be tricky. Your system needs to be tested over a large sample of trades for it to be valid, and longer-term (swing+) discretionary traders can have a rough time getting there. ...

What do you think of Risk/Reward ratio?

@Zoran I just thought I'd jump in and clear up some misunderstandings with regards to volume in the spot forex. The volume indicator is not volume in the sense of exchange traded markets. It is simply the number of ticks or price changes that were ...

Technical Analysis Fallacy

There are other ways to manage risk, but stop loss orders seem to be the most popular among retail forex traders, probably because of their simplicity. There are arguments against using them altogether, except for emergency exits, but on the other ...

What do you think of Risk/Reward ratio?

Sorry I didn't see this post until now... I'm not trying to be mean or old-fashioned. Don't take it as an attack on yourself or on your country. Yes, I have been to Japan, and I have much respect for Japan and Japanese people. However, the Japanese ...

Say, about that unwind...

I just got back from a trip to Singapore. I can vouch for pretty much everything that has been said in the thread so far. It is very clean, very comfortable, and very strict. Get this: a taxi driver accidentally made a wrong turn so my trip ended up ...

Singapore and Foreign Exchange

Maybe they are not voting because they feel that whole process of "democracy" is not what it should be - that is, a vote for the lesser of two evils. People who do not vote DO have a right to complain because they are not presented with any real ...

Idiots Have Woken Up

I think USD/JPY will be well supported once we get down to about 100.00 even. It's a huge psychological number and it provided great support twice in the past (1999 and 2004). It would be a good time for the BOJ to intervene as an intervention at ...

Say, about that unwind...