EURUSD

maybe trump will create bubble, then correction, and so he and other smart people can buy things cheaply

Bears upon holding top again today may keep 1.05 in their cards in next few days. GL.

Arbitration is about inefficient market prices, like you buy the euro cheap in the London market and sell it same moment for a better price in Singapore.
You need word wide contacts for that and millions of dollars to make it worth while.

No one who can do this will be posting here on forexfactory.

still holding short

Exited short DOW at 20.935 and reversed to Long . SL 20.888 If hit it s bearish for me.

I lowered SL in short BP at 1.2950
Short GOLD at 1265 SL 1268.80
E. nothing yet. . . . Patience
SUTHMO. . . you are in great spirits today. . .

You are right, I just made all that stuff up.

For those that are interested there are different market conditions where money flows between certain asset types.
If the market is selling one type that money needs to go somewhere else. Generally there are high yielding (risky) assets and low yielding (low risk assets)
Market is in a Risk On state money will be flowing into risky assets like Equities, high yielding currencies like USD, AUD, CAD and away from Bonds, Gold, Yen and EUR.

These markets are correlated however these correlations breakdown in abnormal market conditions, when there is an easing event or a tightening event, risk unwind or a flight to quality. These market conditions will move price away from its correlated markets (value) providing statistical arbitrage trading opportunities. In addition news specific events will also move price away from its value.

Statistical Arbitrage (Note NOT ARBITRAGE) trading is a method of trading where models are build to value a specific asset class in relation to its correlated markets. This allows a trader to place a value on price so they know if they are buying something that is undervalued or selling some that is overvalued as opposed to typical retail trader buying or selling based purely on price action or some sort of lagging indicator strategy. As with trading any type of asset like cars or TVs etc you have to know what its true value is in order to make a profit trading it. If you know what value is then you know what kind of a discount you need in order to make this profit.

Here is a basic model for the EUR



Blue line is the main value line. As you can see using this basic model I can see when there is a large gap between where price is and where value is. When price is going in the opposite direction to value I am getting a bigger and bigger discount on the asset that I want to buy or sell later for a profit.

Hello

this market's a bit*h , but still holding short

didn't catch the mnuchin interview if there was any, wasn't of any importance I guess

snb manipulates, they push eur on low vol market

Any pull back will be good for long with targets around 1.4. Gl.

there it comes down

Where does this blue line come from?
Thank you.

Sorry I cannot post that here. Its proprietary information and I have signed an NDA.
If you are interested in this institutional style of trading I can pass on the info where you can learn it.

for only $499?

don't post shit if it's under NDA. you know what you're doing...

great, thank you....you can pm me if you want.

You are right. Arbitrage trading is solely the domain of the HFT algos and virtually dont exist anymore especially in the retail space.
However I said statistical arbitrage which is something different as explained in my previous post .

sold UJ 111.885, added to UCAD and bought Brent $48.67

would love UCAD close below 1.3630 for the day

currently have EURUSD, NZDUSD and AUDUSD short

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so far all good....