For more info please see http://www.newyorkfed.org/markets/tot_operation_schedule.html
Wednesday, 30 April 2014
Friday, 17 January 2014
Ray Dalio - Economic Machine
This video offers brilliant insight into Ray Dalio's interpretation of how the economy works, and more importantly, where we are in the current cycle.
Highly recommended for a fundamental view of where we are. A beautiful deleveraging??
Highly recommended for a fundamental view of where we are. A beautiful deleveraging??
Thursday, 16 January 2014
George Soros latest - Reflexivity
Some new insight from George Soros on reflexivity, fallibility and uncertainty.
He says ...................
"Of course I did not discover reflexivity. Earlier observers recognized it, or at least aspects of it, often under a different name. Knight explored the difference between risk and uncertainty. Keynes compared financial markets to a beauty contest where the participants had to guess who would be the most popular choice. The sociologist Merton about self-fulfilling prophecies, unintended consequences, and the bandwagon effect. Popper spoke of the ‘Oedipus effect’ in the Poverty of Historicism.
A fascinating read. For the full article please see this link.
He says ...................
"Of course I did not discover reflexivity. Earlier observers recognized it, or at least aspects of it, often under a different name. Knight explored the difference between risk and uncertainty. Keynes compared financial markets to a beauty contest where the participants had to guess who would be the most popular choice. The sociologist Merton about self-fulfilling prophecies, unintended consequences, and the bandwagon effect. Popper spoke of the ‘Oedipus effect’ in the Poverty of Historicism.
A fascinating read. For the full article please see this link.
Wednesday, 15 January 2014
2013 Trade Review
2013 was another successful year for the eminiglobex trading system. Here is a screenshot of the equity curve from collective2.com.
Due to unusual market action, the system has been trading very tight, with 12 trades. Details of the trades can be seen below.
The system returned $1,227 in profit (trading 1 contract) after commission and slippage and did not have a losing trade.
The system is currently trading over 200 live contracts per trade.
The system is currently at equity highs and is on a run of 36 consecutive winning trades.
Due to unusual market action, the system has been trading very tight, with 12 trades. Details of the trades can be seen below.
The system returned $1,227 in profit (trading 1 contract) after commission and slippage and did not have a losing trade.
The system is currently trading over 200 live contracts per trade.
The system is currently at equity highs and is on a run of 36 consecutive winning trades.
Thursday, 20 June 2013
"we were a little puzzled by that"
Fast forward to 17:50mins, for what may be the moment risk markets lost confidence in the feds ability to monitise away the debt pile whilst controlling real interest rates.
$spx has sold off over 60 points in just over 24hrs.
Thursday, 10 January 2013
2012 trade review.
2012 was another
successful year for the eminiglobex trading system. Below is the equity curve
from the collective2 website.
The system returned $3,617 in profit (trading 1 contract) after commission and slippage and did not have a losing month.
The system took 36 trades, 19 longs and 17 shorts. 33/36 or 91% were winning trades.
The average drawdown for each trade was 0.75%. The max drawdown was 2.85%.
The system is currently at equity highs and is on a run of 24 consecutive winning trades.
The system returned $3,617 in profit (trading 1 contract) after commission and slippage and did not have a losing month.
The system took 36 trades, 19 longs and 17 shorts. 33/36 or 91% were winning trades.
The average drawdown for each trade was 0.75%. The max drawdown was 2.85%.
The system is currently at equity highs and is on a run of 24 consecutive winning trades.
Friday, 4 January 2013
Update on NFP day in bull market
This blog post from Feb 2011 detailed the bullish bias of NFP days in a bull market.
The same strategy is updated below.
As you can see, this bias has taken a breather over the last 18 months.
The same strategy is updated below.
As you can see, this bias has taken a breather over the last 18 months.
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