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PistolDave replied Jul 19, 2012Sign it today — I signed this petition. Personally, I have had enough of scamming brokers and incompetent regulators. Let's all take a minute to go sign this to show that we want this situation changed. Thanks.
Show the NFA your appreciation
- PistolDave commented Jul 19, 2012
Good deal, mr.marketz. Everyone here on FF should sign.
Vote of No Confidence: A Call to Investigate the National Futures Association
- PistolDave commented Jul 19, 2012
It's nothing new, they have been using it in the stock market for years.
High-speed FX trading provokes backlash from banks
- PistolDave commented Jul 19, 2012
I signed the petition. The corruption, fraud, and incompetence has got to stop. Obviously the NFA either can't or won't do anything to regulate the industry. I say the whole system needs an overhaul.
Vote of No Confidence: A Call to Investigate the National Futures Association
- PistolDave commented Jul 19, 2012
This will drive up prices on ethanol, grain based foods, as well as meat prices. Exactly what we do not need for a recovering economy.
Implications of Summer Drought
- PistolDave commented Jul 19, 2012
I live in the U.S. midwest and the farmers here are getting destroyed by this drought. I think they will be making about half the normal yield on corn. If it lasts much longer, soybeans will be way down too. I should'a bought some futures.
Drought sends grain prices soaring
- PistolDave commented Jul 19, 2012
I think there just - might - be a little manipulation of the market going on here.
US Dollar at Risk of Deeper Losses as S&P 500 Launches Toward 1400
- PistolDave commented Jul 19, 2012
When you factor in inflation, they will only have to repay 3 euros. LOL
Cash-strapped Berlin stalked by 450-year-old debt
- PistolDave commented Jul 19, 2012
They can call Wasendorf "SpongeBob baggy pants" when he goes to prison.
FBI seizes Kiwi SpongeBob coins
- PistolDave commented Jul 19, 2012
Wasendorf claims he didn't live a lavish lifestyle. However, according to Reuters, "Other assets include a jet, valued by brokers at $7 million to $10 million, ..., and a condominium near Lake Michigan in downtown Chicago, valued by the county's ...
FBI seizes Kiwi SpongeBob coins
- PistolDave replied Mar 19, 2012
Box — Mike, Here is what I think is the box, and how it can be used to enter the trade with low risk. Is this correct? Dave image
james16 Chart Thread
- PistolDave replied Mar 19, 2012
AUDCAD daily — 5.25, That is a nice weekly pin, but I'm seeing some strong resistance too. It seems like the 1.0500-1.0550 zone should have held as support when price dropped back to it, but after a few days it broke down strongly. I'm ...
james16 Chart Thread
- PistolDave replied Mar 17, 2012
Thanks, Mike. I was thinking along the same lines. It seems like a little better trade is developing when price continues moving in the same direction right after breaking the pin. At least, it might move enough to get the stop to BE and avoid a ...
james16 Chart Thread
- PistolDave replied Mar 16, 2012
Is it a higher probability setup when price breaks the pin on the next bar, as opposed to when it happens two or more bars later? Example: On the chart, the pin bar (1) is followed by a bullish bar (2) which obviously didn't break through to the ...
james16 Chart Thread
- PistolDave replied Mar 15, 2012
EURUSD h4 — I'm looking at going short if price breaks below this h4 pin. Possibly the beginning of another swing down. It looks like a good rejection of the 1.31000 level. Also, the top of the candle has touched the fib 61.8 and 38.2 ...
james16 Chart Thread
- PistolDave replied Mar 8, 2012
Where did they go? — What happened to all the traders that used to be here? In the beginning, I could hardly read fast enough to keep up with all the new posts. Now there is hardly anyone around. Did they move on to greener pastures, or ...
Strat's Long Term Stress Free Trading
- PistolDave replied Mar 6, 2012
I'm leaning more toward the "preying mantis" setup right now. But if it retraces a little more then no doubt it has become the rare and very elusive "hawk's bill downunder" setup. It can only truly be appreciated when you turn your monitor upside ...
Strat's Long Term Stress Free Trading
- PistolDave replied Mar 6, 2012
Rules: 1- We will first determine trend in the TMA by using the TMA Slope indicator. Ranging TMA (-0.50 to 0.50): Trades can be placed in both directions. 3- We will now look at the TMA Slope Indicator and only enter long positions if the Slope ...
Extreme TMA System
- PistolDave replied Mar 6, 2012
Thank you for the compliment, Al. I'll take that to mean that I understand the basics of the system.
Extreme TMA System