Technical Analysis Fallacy

Only a slight mistake,rather than adding swaps and outrights together you should subtract them.
What I mean is outrights are 2 legged swaps.

Hope everyone is ok after this week, staying nimble and helmets are staying on.

Regards

I thought an outright forward was simply a contract to buy or sell at a set date in the future - how is that a swap - there is only 1 transaction, not 2 legs, surely?

Thanks

Hi ALL,
as always 1 too many egoistical fools.
The ain't no fool like a learned fool.
Guess how many i dealt with in my life time.

http://www.bloomberg.com/news/2011-0...et-damage.html

regards

http://animalnewyork.com/wp-content/...9/12/pigs1.jpg

we are the worst threat to ourselves,

radiation that probably came from damaged nuclear reactors in Japan was picked up at a California monitoring station yesterday, the U.S. government said.

http://www.bloomberg.com/news/2011-0...o-station.html

we are doomed

i saw that they are trying to pass a bill in congress to ban potassium iodide in usa,
idiots
thats the only thing that can save us from radiation
either they are extremely dumb or they are hoarding supplies for themselves

President Barack Obama said yesterday his nuclear advisers don’t expect “harmful levels” of radiation will reach the U.S.
Sure,I believe, i trusted you. Didn't I?

regards

btw those pigs are gonna get eaten by some poor family

hehe,obama now has 8million invested in share funds ,where did all that money come from
from his 400k a year pay

goldman sachs,the bilderberg group,haliburton

does anybody here knows if the euro will gonna be soaring high still next week? thanks.

Maybe. Check back next Saturday and we will let you know if it did -- LOL.

Just joking around Kambing, please take no offense.

Hi fti

I now own experience, I now understand what said your dad "man's self-destructive".Your dad was a great man (must personal experience, me this understood).
I observing that "war in myself", infinite terrible war my Heritage.
Good or Bad ... but it depends who observe ... One.

Rgs

This was written before the yen fell off a cliff and then reversed. I didn't read it till now because I dont have time to read anything but Bloomberg during the week. Absolutely fascinating I love to get a grasp of whats going on behind the charts. Just imagine the roller coaster if you were a major speculator in EURJPY you went from absolute panic to absolute euphoria. It moved nearly 10 handles down then 10 handles up. Thats why systems traders tend to under perform no operator in their right mind can handle such fluctuations on a man sized position.

Speculators Continue to Sweat Long USDJPY Positions

It’s a fascinating game playing out in USDJPY now, with the big question: at what point will speculators get margined out of their long positions? What price point would it take on the downside to tip 50.001% of the specs short positions onto a margin call? The battle lines between the Bank of Japan and speculators is probably going to be drawn somewhere below 80.00, would be my guess. What we need to be mindful of in this, what traders call a “squeeze”, is that this is not “a zero sum game”, as it would be in cotton, or corn, where the supply is finite. The “shorts’ in this market, presumably the BOJ, do have some influence on the supply of currency, and do exert influence on the primary dealers of securities worldwide. The majority of the long on the other hand are speculators who have no influence other than exiting their positions, or putting on more long positions. And I’m also guessing there are a new crop of shorts strung out, based on the amount of e-mails I’ve been getting in my “junk” folder nearly every day for the past 3 months from a hedge fund trader turned internet marketer who is convinced fortunes will be made shorting the yen — buying USDJPY — because, among other things, hedge funds have already bet fortunes on the same trade. I had been sticking to the company line, which I’ve been parroting on the Clovernest Daily Forex Report for months, that USDJPY near 80.00 would be close in price and time to a potential long-term bottom. I think we may now be particularly close in time to a potentially important inflection point, but perhaps still further to go price wise. The risk in this market looks to be that speculative longs would be forced to produce still more margin money to hold their positions. If the margin calls expand as the yen continues higher, which is how these things often work, then we could see a small bubble of sorts before the score is settled. So I’ll be revising my estimates for a potential long-term bottom somewhere south of the 1995 low of 80.00.

Not sure if any of you like tennis but there is some real good tennis on tv right now BNP Paribas open. The Federer Djokovic match will be very very nice. In my opinion tennis is a sport that relates to trading very well. It takes mental strength, endurance, patience, skill and strategy.

Odds: Nadal -240
Del Porto +175


Djokovic, N -175
Federer, R +130

Go djokovic. Tday I finished with my taekwondo national team workout. If u remember how I was complaining my coach doesnt let me go there. He was right. I was trainin with top players, and they kicked my ass a lot. I was there just like a some, moving heavy bag. What I learned from this experience it is good to listen to older people, but I don't know why we young tend to try everything on our skin. As it is a full contact sport, they really kick hard, and I got many hard kicks in my chest but nth serious. 2 days ago I got spinning kick in my head, but nth serious. Risks are rally high, and I dont know if I will ever try to compete :S

Did anyone hear about the texas gun laws? http://www.newsmax.com/US/Idaho-Texa...3/17/id/389848

Fti playing guitar with some friends, just kidding...

Yes 2 legs doesn't make it 2 transactions.
Not sure I can explain any better.You can add 20 legs to it, an option so as to option it out. It still won't change anything, at some point it's 1 transaction in the spot( bricks and mortar) market.
hope it helps,

yeah i noticed the same.
hope everything is moving in the right direction
rgds