Recent content by sambazone

TSL Trader, when you say that your engine is 'learning', what exactly do you mean, some neural network algos?

I was wondering if there is a good coding platform with accurate historical data for options on EUR futures and S&P futures. I use IB for trading, but their API is difficult to use and does not have supporting functionality to signal moving averages, local min/max and so on. I am not looking...

Interesting read about the topic... confirms my hunch)) UBS warns on EURCHF floor | EuromoneyFXNews

If you are not a pip scalper, but a directional trader, you are trying to think in terms of trades that have best risk/reward profile. All I am saying, is that this trade has excelent chances of winning.

Move the peg to 1.25 with 450 Billion Euros on its hands? Sounds insane to me! I am not saying it is 100% guaranted to make money. But the ods are very well in favor of the trade. If EUR/CHF goes to 1.24, I will close the calls at a loss...

Look around different sites on options and come back to the board once in a while. If you try to piece options together from the board alone, you will be confuse))

NVP, I would second guess how smart swiss central bankers are. After all they were selling gold at $300-$500 in between 2003 and 2008)). Shakone, I am planning to start establishing position on EURCHF by selling calls and collecting the premium for now, so no negative carry. However, when EUR...

The idea behind selling EUR/CHF, and buing USD/CHF, GBP/CHF is that SNB has to move somewhere the Euros it has on its hands. The most liquid paper to move it to is US and GB.

NVP, to say that switzerland is expensive is non argument from trader's point of view. I have been to norway last summer and it is a prohibitivly expensive country yet their currency strengthened even more recently, not least because swiss central bank has been buying norway treasury bills.

I am curious what you guys think about The Swiss National Bank SNB defending the eurchf peg. SNB already accumulated over 400 Billion Eur defending the peg of 1.20 It has used about 50 Bill of that pile of EUR to buy notes of core european countries like Germany. It also bought treasury notes...

Interesting action in gold.. while market sells off and dollar strengthen, gold goes up. People start treating gold as save haven...

It can go lower.. it doubled in price within a year.. can easily retrace to 450 especially with higher taxes next year many want lock in profit this year. Also aapl is on the books of most large hedge funds.. imagine if those start getting out?

Re: Resistances and Supports support and resistance work well untill they dont! As simple as that))

Re: GOLD: Extends Corrective Recovery, Eyes The 1,743.00 Level. If market liquidation will ensue, with S&P breaking 1300 and dollar going up, I think gold will suffer as well.

I read a scientific paper a while back that says that during PROFITABLE trading, the same areas of the brain light up as when you have sex. Now tell me, if it is addictive or not?))