Also allow for what the FX market has positioned for. They will position for an expectation. If they expect Kuroda to fire the pistol left and they have traded that in, then they will have a problem if Kuroda then fires the pistol right. The market ...

See below a 'yield curve comparison chart' i've built using Thomson Reuters data and excel, between US and Germany(European core). Currently the two yield curves are DIVERGING! (front-end to belly segment) This in turn influences EURUSD, pulling it ...

Just quickly to explain how MACRO or what i call 'drift' and the SENTIMENT work, for those that are struggling and give two shits about their trading. Below is an image which illustrates both: Big bold arrows = MACRO/'drift' Thin single line = ...

I agree with all this barbones! If you take a look again at my USDJPY example posted yesterday, you'll see that regardless of the TF you sat there trading, it was going to go bid. Watching it go up on the daily or the 1 min chart was irrelevant. ...

USDJPY INPUT: Divergence in rates and a dovish/neutral BOJ to a neutral/hawkish FED *Caveat: (JPY benefits in risk-off trade. Caution on wheels falling off anywhere globally!). BOJ key players hitting wires pre-London open.... The trade: Long USDJPY ...

OP, Taz is laying this all out for you here! You are at the crossroads where you have two choices: 1. You can try and do things the seemingly easy way with as little effort as possible...the quick dirty frustrating money; or 2. You can choose to do ...

No worries verv! Attached is the 2y futures Dec15 contract Current price is 109.00 even Some extra info on treasury futures

Where did you expect pricing to be verv? If you can elaborate further, i may be able to offer some comments. It has been a 'funky' ride though due to rate traders not really thinking the Fed will be able to do much in terms of normalizing. The Fed ...

Yes, absolutely SRFX! You have to use your brain a little, but you are thinking about the the mechanics of trade and not trying to automate everything. Very nice scalp trades here! You are leaning on handle 1.10 (which money will be watching). You ...

Yes, absolutely SRFX! We'll described. For a move, they will load by passively working the bid/offer (making), you'll then get aggressive buying/selling (taking). Once they've loaded they will shift it rolling through prices. As they do this they ...

Also a very likely possibility Mike, adding to month end/quarter end flows, is a re-balance of euro hedges. Regards ------------------------------------------ 14:04 EDT - Today has all the makings of a broad risk-off trade due to Greece: stocks are ...

I was trading ES Mike. Money flows everywhere and ripples are large! url What you are saying though is spot on! I have been advocating not trading anything Eurozone/EUR related due to your above post. By doing this you mitigate any unnecessary ...

Welcome to the club vlady! If it makes you feel better, i got pistol whipped on the ES(my pistol whipping i'll go over shortly). Blame Greece for a shiitty proposal or creditors for rejection. Take your pick LOL. It really doesn't matter though. You ...

I can trade purely off a DOM. In fact, i'd recommend it to everyone. You won't see anything first up but keep watching it. All sorts of patterns begin to appear over time. Regards

Late trade just before dinner my time. Dinner screwed me on this one. This is trading though, the good, the bad and the ugly. The moral of the story is...don't execute 'after' your wife calls dinner! You keep the chef waiting and it's just not the ...

Sorry Michael! I forgot this one of yours. I apologise. Yes, exactly! It's through numbers you'll get performance and also be able to perform S/T risk calcs. If you look back to my 6J trade early NY, you'll see i was working short under London, but ...

Thank you Yen futures! 6J-S/T trade.. Heading into NY open we had a bid yen through London trade. Yen is performing. NY open and we await data out of Canada and the US (CPI's-tier 1). Will create volatility! Initial trade out of NY open is offered I ...

Yes yead, this can absolutely cause issues! You're too far out on a 1H to tell if you're trading spot. If you don't have futures orderflow data to work with, drill down on a 1 min chart. What you're looking for is a buyer to break the seller ...

British Pound futures-6B This is S/T trading. Selling short as the pound breaks down from a London morning bid (USD 'was' on the offer across the board but pulling back as we approach NY). It would seem i'm going against performance of the pound (Up ...

And of course this can happen. Where the market just sticks its finger up at you. Queued 1 back(approx.) from fill(yes it does happen but thankfully not often). You can do all the right things, but if you cannot get it on and execute, you don't get ...