Fader, as I contribute, I will probably have some questions for you. In one of your posts you mentioned that you were trained by an institutional trainer. How did that happen? How did you develop that relationship? What was the most important lesson ...

Fundamental/News Thread

Congrats on this trade! It is a great example of how figuring out the implication of forming a governing coalition on the markets. Over the last few month's I have been concentrating on figuring out how to read the tea leaves as related to the ...

Fundamental/News Thread

Darkstar: i've read all of your posts several times, but the book really helped me pull it all together. Mad props!

Order Flow Trading for Fun and Profit - Book

A Template for Understanding What's Going On — Ray Dalio's "A Template for Understanding What's Going On" has been really helpful to me.

The PDF useful sources thread

I've gotten into the habit of writing fairly lengthy posts, but things are quite simple at the moment. The Big Boys are positioning themselves for a recession. I am expecting the USD to strengthen against the three commodity dollars. It should be a ...

Predatory and Parasitic Trading

If you read my last post, you probably wouldn't have thought that I would enter 3 trades two days later: Operation Twist "shocked" the markets into risk aversion. I know that my last post was long, but perhaps it should have been longer. I am still ...

Predatory and Parasitic Trading

I haven't posted the last few weeks, but I have still been engaged in the markets. I decided to take a step back to assess my goal. Being profitable is not my goal. My goal is to be a millionaire. To be honest, I don't think that the path I was on ...

Predatory and Parasitic Trading

To trade the fundamentals, you really need a good grasp of macroeconomics. Here's a good book to get you started: A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know by David Moss Additionally, I think that you ...

Fundamental Analysis - Where to start?

Weekly Focus, August 29-September 2 — Last week was not very active for me, but it was a good week. MISSED TRADES: Although I placed a very profitable EU short trade right after the text of Bernanke's speech was released, as bug pointed out ...

Predatory and Parasitic Trading

Bug, you are right. Thanks for putting the situation in perspective.

Predatory and Parasitic Trading

Bernanke's Speech — I made 15%, on a 45-pip EU short a few minutes after the text of the Bernanke speech became public. However, if you look at the chart, I should have made 40-50%. Had I played it right, I would have been able to take home in ...

Predatory and Parasitic Trading

What Moved the Markets Today? — I haven't posted much this week because there really hasn't been much that's held my attention. I suppose there were a few Bernanke Jackson Hole speech rumors that might have contributed to market movement, but ...

Predatory and Parasitic Trading

I wish you well.

Reminiscences of A Forex Speculator

Weekly Focus, August 22-26 — I haven't posted in awhile because I've been in Los Angeles visiting my family. I had intended to watch the markets, but since I could not give them the level of attention that is necessary I decided that it was ...

Predatory and Parasitic Trading

Bug, Thanks for the advice. It's helpful. I noticed that you said that you were working on a new strategy. Can you say a bit more? I am not asking for your trading plan, but can you say a bit about the questions or circumstances to which you are ...

Reminiscences of A Forex Speculator

Tact1cal, This is more than a personal opinion, this is good analysis! I am in Los Angeles visiting my family so I am a bit out of the loop. I am going to get back at it tomorrow, but it looks like I'll have some work to do to catch up with the ...

Reminiscences of A Forex Speculator

What Moved the Markets Today? — What moved the markets today? CHF If you read my weekly focus there is one glaring omission: a discussion of the Swissy. It was a major oversight. Over the last few days, I was definitely aware of the SNB's ...

Predatory and Parasitic Trading

Weekly Focus, August 15-19 — Now that I have written a few of these, I think I am starting to figure how how I want to structure them. Missed Trades: The first thing that I want to do is go over the trades that I missed that I should not have ...

Predatory and Parasitic Trading

Bug, thanks for posting this. I have been meaning to check this blog out. I am not sure of the potential implications of this, but it is something worth trying to think through. Here are some thoughts and a link that I shared in my journal. It is ...

Reminiscences of A Forex Speculator

What Moved the Markets Today? — As I was beginning to prepare for the Retail Sales numbers, the first thing that I did was pull up charts of A/U, E/U, G/U, U/CAD,and U/CHF to see if the market was driven by dollar strength or weakness. It ...

Predatory and Parasitic Trading