Custos is right. Noone worth their salt will look at less than 6 figs, most likely 20/2 rates and even then, not really worth their reputation to indulge. So it's down to you fella. You need a high probability trade and to leverage the max out of it ...

Best High Risk trading in Forex?

Hmm, and coincidentally, Papademos says he will resign on Monday if a deal doesn't get done with the three internal parties. Sounds like a deal on the table but Greek politicians are blocking it. They've got the weekend to mull it over - rock vs ...

Greece 2012

2MAs, SMAs or EMAs - sure any of them will be decent to produce a moving average system, but before you start spending an eternity on those kind of endeavours, remember that simple crossovers were the birth of automated trading. The bar's a lot ...

The Efficient Profit Hypothesis (EPH)

Could be summed up as trends begin when trend traders give up. He must be paid by the word

The Efficient Profit Hypothesis (EPH)

OK you've spotted the global problem. Your interest payments are crippling you and you can't afford to pay back debt, so you HAVE to reduce spending. And yet, you need growth to pay back that debt, and growth among many other things is the outcome ...

Greece Question

Sounds pretty considered approach zek. Interestingly, there was an unwinding of real positions last week on UJ, as opposed to record shorts on EU. The current BoJ floor is definitely one to watch. If it does go belly up, I believe we'll see it ...

Trade of the decade!

1) Leaves them open to foreign investment though, an option not open to other countries already hitting limits of foreign debt 2) True 3) Damn, you spotted the straw man! It is pretty compelling. Even 1) is weak because if it gets so out of control ...

Trade of the decade!

I thought you'd fallen of the side of a cliff, but then I caught your journal from a few years back, made me both laugh and groan at the ups and downs. You gave me advice when I was green around the gills in your clinic thread aeons ago. Everything ...

The 5 Steps to becoming a trader

Zek, I'm inclined to agree, but noone needs firestation thinking around here so... you're wrong because: Yen - they've got a shedload of debt, but it's almost all domestically owned, meaning it can be repatriated should a storm come a brewing, ...

Trade of the decade!

True it's of no benefit, just scratching an itch that's been bugging me for a long time Big honchos indeed Ah, the zero cost products. Looks so neat and appealing, a bit like interest free credit. Until the interest rate goes up and you realise ...

Technical Analysis Fallacy

FTI, I've admired your thread from afar. Interesting you talk about this. Still after all these years, Natenberg's book is still seems to be *the* book because noone else has stepped forward with anything more practical. Taleb's Dynamic Hedging is ...

Technical Analysis Fallacy

Soros, Kovner and... video

Who are the top best Forex traders in world??

You're either blissfully naive, or Dane Carlson.

Who are the top best Forex traders in world??

Every now and then, something golden turns up at FF. This spreadsheet is top notch, tight work Dow. If anyone's got a problem with discipline, expectations are everything...

Calculating probability of losing streaks

That sums it up beautifully for the weekend. And on that note...

Greece 2012

The debt owed by Greece to the bondholders is between Greece and their bondholders. If a default was technically impossible, they'd be no Greek CDS triggers, no contagion effects, no arguments about who carries the can. The ECB, along with banks and ...

Greece 2012

You can default without being insolvent, you can't be insolvent without defaulting so not entirely the same. And yes I'd be furious if I was Greek. But not with a poll

Greece 2012

If you don't want to answer, you don't have to resort to cryptic Aesop's fables Tranco. Loosen up

Greece 2012

Don't sit on the fence old bean, let's hear your vote. As far as I can see, all EU countries will move heaven and earth to prevent the credit event (disorderly or <50% negotiated) but less keen to shoulder the bulk of Greek debt. I can see this ...

Greece 2012

Them were the good old days when you either paid up or not. Recently S&Poors decided that only 50% or less would be a technical, orderly default. So a haircut of 49% is erm... business as usual presumably. Sticking to your definition, haircut in Q1 ...

Greece 2012