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zdo
Market Wizard-
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Everything posted by zdo
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Day or Night Session - Which Hold More Upside Potential?
zdo replied to jswanson's topic in Market News & Analysis
yep, long ago I moved back to the east coast so I wouldn't have to get up so early... but getting up at 4:30 AM almost every day for going on three months now ... may have to move across the pond or develop some new polyspastic sleep cycle... : )- 24 replies
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More re Maybe it's just me, but it sure seems like global systemic insanity and denial has taken another uptick or two... btw and fwiw OP, I now doubt Soros really sold gold ... Speaking of insanity - I'll show you some insanity. Way back when - pre Japan quake, heck almost pre - Euro mess, I started accumulating a long USDJPY position. (Some of it was chronicalled over in SilverDow spread thread for a while.) Well, I'm STILL in that trade! infreakinsane !!! Average price is worked to sub 78 but getting there has required more size than initially planned and the original planned position size was already huge-r than normal. I'll end up making some good money off it someday - but good lord - the opportunity costs during that time... Since I'm not really a position trader it really is insanity I tell you ... maybe it is just me :haha: :helloooo:
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Tick Volume is simply a count of how many trades were recorded during that bar with no accounting for the size of those transactions. Real volume includes the size of trades in the recording. Across large samples, tick volume correlates pretty well with real volume(especially with spikes) - but there are certain conditions when real volume is the only way to utilize 'volume' measures ... re At its simplest, high and low tick and real volumes both show levels of participation and urgency, etc Oanda now has MT4 and I would 'trust' their tick count more than I would FXCM's - but who knows they may be the same... I have never had an FXCM account... any broker using Gain feed (if it's still called that) would also do in a pinch... ultimately you want to get to at least currenex level feed and if you're going to be really dependent on volume measures (ala Wycoff) get to futures and / or out of FX altogether...hth
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What an excruciating trade! Avg. position is ~ 1842 Planning to take off another percentage of the spec at ~1700 I sort of understand the dollar strength, but could use some enlightenment on the return of the yen as risk off - especially as how they may need to evacuate the whole gd freakin country... NO HOMEWORK... NO TESTS... NO GRADES. ONLY THE PURE JOY OF LEARNING any tiime, any where!
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The Fatal Flaws in the Eurozone and What They Mean for You - Blogs at Chris Martenson …what he said… :haha: ie if I could write and I knew what I was talking about, this is what I would have written in the OP to begin with …
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Maybe it's just me, but it seems OP is conspiciously absent from 'normal' participation in the conversation... Has he taken a powder and are we just steroking ourselves now?
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Thanks. The first and third sentence is a better way of saying my mantra to noobies "Find your own way!" zdo. I would suggest though that the "jumping from one form to another at initial learning stages" is actually adaptive in the long run and only becomes a "waste" of effort if one doesn't mature past that phase. Within the '10,000 hours' model, Steenbargar produced a pretty well researched article about how this stage integrates and synergizes the development of exellence. I personally wouldn't trade anything for my early "jumping" days...
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https://passportira.infusionsoft.com/go/unleash/dv raw pessimism has a smell 30 Signs That The U.S. Economy Is About To Go Into The Toilet - BlackListedNews.com fake fixing it has some smells too The Obama Tax Plan: Is Barack Obama Plotting To Use Class Warfare As A Tool To Win The 2012 Election? - BlackListedNews.com wide disparity in constructs of what makes an ‘economy’ work (and, by inference, what an ‘economy’ is )… see phd vs p. schiff parts [ame=http://www.youtube.com/watch?v=FLmD9TeUC54]9/13/2011 (1 of 2) Peter Schiff Testimony Before Congress On Jobs Committee - YouTube[/ame] lie meter alert – when you (and you will) hear politicians or talking heads describe the debt issue in terms of the “last decade” or “since the 90’s” or even “since the 80’s” – watch out! Why Debt Levels are So High | Steve Saville | Safehaven.com uh oh - someone doesn’t buy into business’s uncertainty and regulatory overreach excuse… and… twist and shout coming to a fed near you News Headlines that cow smell? … you didn't already make arrangements?… rtn to top? Turning Milk Cows into Beef Cows | Jeff Berwick | Safehaven.com
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Test drive a free OANDA demo account Learn more -> Thanks to Tyler Durden Just one question - "citizens" of what?
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Gosu, ok let’s take it out in the “bush” then To attempt to exclude the irrational is “nonsensical“ and to advise someone to do it is past “bush”. To attempt to exclude the irrational is irrational… … the rest of the post is excellent. I didn’t make a fake compliment. It wasn’t a real compliment either. It was a note to OP to be wary of that first sentence but not to throw out the good parts because of the opening sentence. re ‘tweak’ Wasn’t questioning your credibility either. In your very first posts on TL you talked about bullshitting just for the fun of it if you wanted to, but subsequent posts have more than belied that early attitude… so why would I put ignore on good posts? … the ‘feeling challenged’ is all yours… I’m only going after that first sentence - period.
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tangentally related to the 'randomness'... http://jonathankinlay.com/index.php/2011/09/measuring-toxic-flow-for-trading-risk-management/
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tomerok That’s not enough capital. Not enough staying power. Not enough sizing flexibility. Also, did you just skip making a powerful,categorical statement about the strength and robustness of your edges? “I paper traded daily on futures for the last six month, i used the time for educate myself..... mainly blogs, forums and books.” didn’t jump off the page at me confirming you’re ready with edges For the sake of brevity, did you also leave out comment on your ‘mental and virtues capital’ ? All that said – and here is the worstest advice ever – Go for it! Why are you even asking us? … and no, I’m not being flippant. Other posters have noted that you really don’t know what you’re getting into… so that 10k may ultimately be the best way to really find out. Maybe loosely ‘keep’ that $300 a day goal, but realize that unless you are an experienced savant, averaging more than 0.5% a day day trading is really an exception. As a beginner you may be able to pull off runs of many days doing that, but that you and reality will also find ways to thwart yourself for days on end – until you learn ways to genuinely re-structure adversity… etc. But, re daily goal, from other angles, that $ per day figure might be the most self limiting decision you ever make... ie Realist goals.... NOT. Gosu’s post was actually an excellent post, except for the first sentence “My advice is to focus on being rational at all times and avoiding irrationality”. In the real world, this is the equivalent of something like “My advice is to focus on keeping your heart beating at all times and avoiding breathing” So, to demonstrate and ‘dance’ with the irrational some - contrary to what Gosu said, I would not advise seeking ongoing guidance from someone who has succeeded from a something similar starting place. If you happened to be lucky enough to find such a person, just because they did it, and they KNOW it can be done - does not raise the odds that they will believe you can do it and truly enable you. Most of those who have done it have also witnessed sharper, faster, more talented traders not be able to pull it off. As the other gets to know you, s/he will more likely find impressions to doubt that you can do it – even though social mores would press them to act as if they did believe in you... would most likely ultimately end up being a detriment instead of an asset… Again, why are you asking us? Wishing you all the best. zdo
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This is not new news but - part of his upcoming media supported facade of 'turning to the middle' will likely be acts congruent with Top Democratic Strategist: Obama Will Lose the Election Unless He Prosecutes Wall Street Fraud and Fires His Crony Capitalist Advisers ...But where will he find replacement 'workers'* more competent than the 'leaders' he'll have to fire? Maybe he won't fire anyone, just add more positions and move them all around, etc? * (yes 'workers' not workers - there aren't that many good 'workers' around ... and he can't risk hiring many workers - culture clashes, fights, moral conflicts, what not...) re his Crony Capitalist Advisors - They'll have to just change some titles... he could 'fire' some of the underlings, but many of them were placed there to supervise him... so he can't fire 'them' ... he is their's ie he literally belongs to them
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Traders Laboratory You ignore this thread cause I'm biassed? Well, please just tolerate a few more jabs at the Criminal in Chief, then I go after some dam republicrats Obama: 'I'd like to work my way around Congress' | Campaign 2012
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http://twitter.com/#!/AttackWatch … Obama’s more immediate re-election ‘must do’ is an (apparent) hard right turn to the middle. Don't be fooled, though... It’s impending… coming to many video bites and speeches near you. Promises of regulation rollbacks, spending reductions, less biased comments about the middle east, etc. ... but he just won't be able to control his jibber jabbering about the 'middle class families', and 'workers' and 'job creation' ... (one more time - any politician (from either 'side') who utiltizes the concept of 'job creation' is LYING! ) Anyways, he’ll never get to soundin’ like Barrack Hussein O’Bachman of course… and we will have to lay off the Sanskrit translator and hire one from eastern Europe…
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If you see a lemonade stand, please call police.
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.59 cent commissions The crux of Obama’s campaign speeches since the kickoff speech to Congress is - “we have plenty of jobs to be done, we have plenty of workers to do them… (if you love me) help me pass my jobs bill” Sanskrit translation - ‘We’ have plenty of jobs that we need done. We have plenty of potential socialists to do them. Now pass this bill so ‘we’ can tax and borrow to pay for it… Revealing that every green, etc corporation he uses for an arena in these campaign speeches is still shipping more jobs overseas than they are hiring domestically... guess donations are more important than truth...
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Do or Die, If you have time, please explain how you see >going away from a 'mean' >coming back to a 'mean' as regimes? thx zdo
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Can you handle volatility when it changes? Find out -> The ( not so unthinkable as we would like ) way Obama will be re-elected --- Warning: Perfect storm conditions now in place for Big Government to allow (or even stage) terrorism attacks in America ...every department staging for it's own 'flag' - hm .. found this barely on topic part of the article quite interesting... NLP at work - embedded action-command language In Obama's Jobs Speech, How Many Times Did He Say 'Pass the Bill'? -- VIDEO - Theresa Poulson - NationalJournal.com "...and if you don't pass this bill, you are against us and should not be (re)elected" Coming to a campaign speech near you...
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:haha: go to reputation.com preface Stupid Politician Monkeys - Casey Research WHO IS going to pay for it anyway? The Cost Of Obama's Stimulus Plan: $312,500 Per Job (Vote) Created Or Saved (And Guess Who Is Paying It) | ZeroHedge tricks They Want A “United States Of Europe” But They Are Going To Need A Massive Financial Crisis In Order To Get It
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MMS, Suggestion - In the Trading Resources section Just under The Marketplace forum, place a Products and Services forum That’s their spot. Advise vendors to be very careful how they allude / link back to their product or service in other forums and threads. From there, users can question their character, challenge them to produce performance history, question the voracity of their approach, question how they apply their methods, and all the other things 'vendor questioners/haters’ and 'rescuers' do. Only allow bashing by non vendors to report promises broken, but allow users pretty free reign in the new forum … the vendors can always go sign up with reputation.com :rofl: Most of those who are really interested in the product or service would also be wise to require the vendor to do the ‘closing’ back and forth, etc. right there in the forum for all to see. Vendors could then initiate and join conversations elsewhere and make valuable contributions to actual topics and techniques where they want - with, hopefully, less topic robbing flack from the 'victims' and ‘rescuers’
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yap yap yap ... operative term is ' if '... some good relative strength / correlation / spread thoughts... Stocks/Commodities May Get Hammered If Dollar Rallies | Chris Ciovacco | Safehaven.com
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EURUSD ~10 in ~12 days … got a major chunk of this latest example of the theme of the thread… but left too much on the table messing around with it instead of just staying short outright … …’contrary’ note to self – EURJPY looking for a cycle bottom on the weekly… who knows if it will find it … odd note to self: question – did they peg the USD and JPY to each other Aug 1st? … and nobody told us? … bizarre note to self: question – what if all the sovereigns just pegged to the yuan? … reasonable note to self: question – how long before CHF peg fails?