Because it's like a two horse race where you've discounted one of the horses because of a long face. Market share is roughly the same between the two, and even if you've got a penchant for orange keys and a big red escape key, the facts are they ...

"Light" alternative to Bloomberg anywhere?

Katroo, I'm sure Smith is shaking in his proverbial boots of your damming assessment of Reuters. Absurd. Anyway, rtg- yeah, 2-3k per annum for the cut down feed, the word being cut down which some people seem to have a hard time understanding here, ...

"Light" alternative to Bloomberg anywhere?

reuters or bloomie only I'm afraid but they do cut down versions. The simple feed from Eikon is about $2.5-3k PA so well affordable in your price range. Not sure if bloomie do similar but I'd imagine so. you should keep your charting tied to ...

"Light" alternative to Bloomberg anywhere?

Quite right, I should have said 'manage' not predict. But that model is not the reason TA exists. It's the reason your charts look similar. TA can work because of price memory, but it sounds like you're veering into the 'is price random' arguments ...

TA-Charting on Brownian Motion

Brownian motion is the string that ties institutional financial risk models, markets and algos together because it allows them to predict the randomness of movement. It's used so extensively that it'd be something shy of a miracle if they *didn't* ...

TA-Charting on Brownian Motion

No problem Asbo Can't say for certain, but the obvious answer is EU spreads go up, as does volatility, but not enough to compensate for rising spread, so yes it would be a handicap. French & German banks will just move their spec operations ...

Tobin Tax Effect on Forex

Oh it will happen without a doubt, but it's not half as bad as you think unless you live in France of Germany in which case you may have an enforced trading holiday for maybe 2 years. For one, UK - the biggest FX clearer, US and China are all dead ...

Tobin Tax Effect on Forex

I agree with you about transparency, stability, boringness all the rest, but to think that this volatility will be sorted by a tax is the product of economist brainstorming from their ivory towers - ie the same thing that's caused the mess in the ...

Tobin Tax Effect on Forex

Bit late for that - we've already created a complex and unsustainable system. All that's happening now is a great unravelling. Tobin tax is the biggest political hot potato of them all right now. Not because it'll sort out the crisis (it won't, ...

Tobin Tax Effect on Forex

Agreed, sounds like delta neutral trading. OP - you end up simply betting on volatility - magnitude - of moves rather than direction using options rather than spot. Although you can theoretically recreate any option strategy in spot, it'd be hellish ...

Capital Neutral Trading Methods

You've just set yourself a big obstacle in my eyes and I'm not going to prove you wrong; that's for you to figure out off the back of a few thousands hours of testing.

Edge in an automated entry?

Ideally they'd be some logic behind the rule based on market structure to back up your stats but either way, for it to be relevant I'd want to see a defined edge based on 1:1 risk:reward. You'd test over a range of values, and it should be pretty ...

Edge in an automated entry?

If you're telling me that currency futures are running at different prices to spot, screw Christmas, I'll spend the rest of my days arbing it to the hilt. Whether Soros traded spot or futures (and given the volumes, I'd imagine it wasn't through ...

Do you guys find that forex trading sucks?

Saxo is probably your best bet for fx options, but I personally think you're barking up the wrong tree. Trading options requires a whole different set of strategies, as well as opening up a bag of new ones but it won't get you off the hook in terms ...

Seeking pro advice: FX, options, futures, and the glass ceiling

The chart's on your side, but I wouldn't underestimate their capacity for doing something way out of whack and scale compared to anything seen before. Not forgetting too the more underhand methods.

Long-term projection of major currencies?

Toss up between USD and JPY depending on how much intervention (printing in the form and direct with BOJ) they do. The nordics are the best best as solid reserve currencies, followed by BRICs who are much better capitalised. CHF will introduce ...

Long-term projection of major currencies?

Good back to basics questions Pip. What exactly is the true purpose/use of a timeframe? >> To filter the mass of information because looking at a tick chart is too granular. Or, to look at it in the same way as other participants who are making ...

Illusion of Time(frames)

Flip it on its head - if you assume TA does work, then what does Brownian motion tell you about collective behaviour in the markets? Bon voyage!

TA-Charting on Brownian Motion

Wait a minute. He's now long honesty... I wasn't expecting that. A classic move: url

Glowing Optimism from a GS Trader

His full portfolio is long on clown suits and Zero Hedge, short on common sense and professionalism. In the interests of fairness, the BBC should have made this clear.

Glowing Optimism from a GS Trader