Tips and tricks!

martinkolbe posted:

togr posted:
You know, in my country we dont have capitalism nor we have socialism. We have hybrid taking the worse from both systems.
Example?
Bank is risking too much lending to everyone making immense profit.
This profit is private - usually foreign owner.
When it comes to bankrupt as it cannot pay the loss government came and put billions into it to survive. It is not government money but money of the public.
So the loss is public.

Maybe a better solution could be not to completely recover or save it but just to compensate to some extent the deposits. You are right that in the end of day the people are losing as they fund the government. But I think it is again up to the person to decide how much and where to put the money.

It is easy there should be mandatory fund to rescue bank in trouble and each bank shall pay part of their immense profit into it. Not sure if it does exist already

togr posted:
It is easy there should be mandatory fund to rescue bank in trouble and each bank shall pay part of their immense profit into it. Not sure if it does exist already

This seems quite reasonable, indeed, especially if backed up with sound alerting system triggering the necessary rescue measures on time. Not sure if the bankers lobby will be happy with such a solution though 😉

Noticing some of the spreads are getting worse and leverage is being cut back at times,is anyone else noticing this?

snapdragon1970 posted:
Noticing some of the spreads are getting worse and leverage is being cut back at times,is anyone else noticing this?

where?

snapdragon1970 posted:
Noticing some of the spreads are getting worse and leverage is being cut back at times,is anyone else noticing this?

Spreads may be due to reduced trading (holiday period) and leverage may still be Italy fears... I have none of these changes on my platform (Italy referendum leverage was reversed already - with note that they will monitor situation).

I notice on Plus500 that the spreads are getting worse near events , Ill look at the leverage at times and notice its reduced also,I know Plus500 will be effected by the new rules.I count the spread difference live.

These rules are good, but not necessarily in the trade.
and I thought about them all know 😑

xgavinc posted:

snapdragon1970 posted:
Noticing some of the spreads are getting worse and leverage is being cut back at times,is anyone else noticing this?

Spreads may be due to reduced trading (holiday period)

Yeah, that may be the reason here.

Some useful info under the Market tab ,I keep an eye on the correlations for signals , pairs trading use to be very popular but highly risky , lots of information on how to set it up for something like Excel.

togr posted:

martinkolbe posted:

togr posted:
You know, in my country we dont have capitalism nor we have socialism. We have hybrid taking the worse from both systems.
Example?
Bank is risking too much lending to everyone making immense profit.
This profit is private - usually foreign owner.
When it comes to bankrupt as it cannot pay the loss government came and put billions into it to survive. It is not government money but money of the public.
So the loss is public.

Maybe a better solution could be not to completely recover or save it but just to compensate to some extent the deposits. You are right that in the end of day the people are losing as they fund the government. But I think it is again up to the person to decide how much and where to put the money.

It is easy there should be mandatory fund to rescue bank in trouble and each bank shall pay part of their immense profit into it. Not sure if it does exist already

Good point. Sounds logical to me as well.

snapdragon1970 posted:
Some useful info under the Market tab ,I keep an eye on the correlations for signals , pairs trading use to be very popular but highly risky , lots of information on how to set it up for something like Excel.

Yes, this is a nice tool but we need to always remember that correlation does not equal causation so this is a valuable addition to any technical and fundamental analysis of the respective markets that can give the full insights.

martinkolbe posted:

snapdragon1970 posted:
Some useful info under the Market tab ,I keep an eye on the correlations for signals , pairs trading use to be very popular but highly risky , lots of information on how to set it up for something like Excel.

Yes, this is a nice tool but we need to always remember that correlation does not equal causation so this is a valuable addition to any technical and fundamental analysis of the respective markets that can give the full insights.

Yes it is only a guide like most indicators , sometimes it will lag sometimes it will play out for a short period, sometimes not at all.

I started off in Stocks and Commodities , its a good starting point for learning about FX later on , I would say it gives a more rounded view of what's happening in the market.

Here's a site I have looked at many times,if you like number crunching.. financialwisdomforum.org/gummy-stuff

This is old data going back to 2012.
5/10/15 Year Seasonal Study Euro (CU)
Source: Signal Financial Group
The chart shows the tendencies of the Euro over the last 5 years, 10 years and 15 years. As we can see each average provides a different line, and this is important to understand about seasonality–it is an average, not a rule. In any given year price can deviate from the seasonal tendency and traders shouldn’t fight it. Yet we can find commonalities which occur in all three  averages:
The Euro typically forms a bottom in mid-February and then moves higher into mid-march. A pull back then occurs then we see another climb into the end of April.
Another low in June which climbs into late July/early August.
Usually a decline from early August to early September.
Early to late September a good time for the Euro, and then usually sees a decline in early October.
After October our averages diverge which means the signals are less concise and less reliableFrom looking at the tendencies of Euro futures and the USD Index we can isolate times which are likely to be strong or weak for the EURUSD.
From the factors above we can isolate a few times in the year which are likely turning points. These vary just slightly from the Euro futures tendencies, as we can fine tune by looking at the USD index as well. Ideally, for the EURUSD to go higher we want overall USD Index weakness and Euro  futures strength, and for the EURUSD to go lower we want overall USD Index strength and Euro futures weakness. Based on this we find the seasonal tendencies of the EURUSD:
The EURUSD usually bottoms in early to mid-February and then heads higher in mid-March, then pulls back a bit and then continues to rally into April
EURUSD is likely to put in a low in mid-June and then rally into mid to late July.
From early August to mid-September the EURUSD falls
From mid-September till the end of September the EURUSD usually rallies.
Seasonality is not a tool to use on its own, but rather should be combined with price pattern analysis to determine entry and exit points. Yet seasonality does provide us with windows of time where we can watch for trend reversals and feel more confident if we see a price pattern that indicates a reversal during the seasonal windows provides above.
It is important to keep the overall trend of the market in mind. In up trends use seasonal low points to buy. In overall down trends, use seasonal high points to get short or to sell.
Cory Mitchell, CMT.

I look at stocks to when FX aint doing much, metals and commodities are doing pretty well today, some other things I will be keeping an eye on, Hilton, Next, Debenhams and M&S , that means some research to do who's going to bounce back tomorrow. Hilton looks tasty if it hits 50 handle quickly.

snapdragon1970 posted:
I started off in Stocks and Commodities , its a good starting point for learning about FX later on , I would say it gives a more rounded view of what's happening in the market.

So you do not use the indicators completely when you trade?

snapdragon1970 posted:
Here's a site I have looked at many times,if you like number crunching.. financialwisdomforum.org/gummy-stuff

Surely that is the link?

www.financialwisdomforum.org/gummy-stuff-tutorials/

I use the indicators to get a rounded view, sentiment analysis.