Jump to content

Something Interesting


Recommended Posts

Chinese officials issue a warning over the weekend to anyone tempted to short the Yuan;

YUAN TALKS @YuanTalks

Guo Shuqing, chairman of the banking and insurance regulator: Short-term fluctuation of the #yuan is normal; those betting agst the yuan will suffer heavy losses.

(We posted this during the weekend. CCTV is broadcasting it again so we give you a heads-up)

Link to comment
  • 2 weeks later...
  • 1 month later...
  • 2 weeks later...
  • 2 weeks later...
  • 2 weeks later...

Fascinating lecture on Poker Economics, one of the  MIT's OpenCourseWare series .

Delves into early Credit Creation and money and debt by linking poker in the early 1800's in the US mid west to soft banks and onto the formation of the CME futures market in the same region. Then comes back to poker and it's links to quant analysis in the 1980's, beating casinos and the emergence of hedge funds.

Just over a hour long.

 

Link to comment
  • 2 weeks later...

Video on how the scammers on instagram, myfacebook etc turn up with fantastic looking 'live' account records with reputable brokers by using white labeled fake mt4 servers. Scamming is clearing becoming a massive industry in the world of retail trading (as if it wasn't big already).

Very strong language

 

Edited by Caseynotes
Link to comment
2 minutes ago, TrendFollower said:

Oh a something interesting thread. 

I love playing Texas Hold Em Up Poker. Do you play Poker @Caseynotes?

I prefer the Texas Hold Em up version to say three card or other varieties. What do you think?

It is great to use Poker when looking at odds and probabilities. What do you think?

I used to watch the professionals play Poker on TV. Someone whom I have known since I was a child actually won Poker Million and I watched him play live on Sky Sports. 

There are quite a few traders who use poker analogies or refer to poker. You may have come across them. 

I think the Scandinavian professional poker players (if you ever watch them) play quite an aggressive style especially on flush draws. Have you noticed? If you try and relate this to trading then you may get some traders who trade aggressively for a short period when the price crosses the 20 DMA but then revert to a less aggressive stance as the price moves towards say a 200 DMA on any breakout after a long correction or fall. 

can't imagine why you would tag me for this and it's not really interesting.

Link to comment
2 minutes ago, TrendFollower said:

@Caseynotes,

You don't find Poker a fascinating game? I find it interesting and fascinating. I love the game. Well I find it interesting. I may even set up a thread in relation to Poker and Trading. 

I think you posted the above this month. 

yes and it's an excellent video that you didn't watch before making comment, shame.

Link to comment
1 hour ago, TrendFollower said:

I wonder how many people on the IG Community watch over an hour of this? Just out of interest did you actually watch it? What do you think of his humour in regards to Ace beating King in the video?

Yes of course I watched it, chiefly because it wasn't really about poker. It was about debt. How trade and commerce functioned in the absence of money in the very early US mid west and lead to the founding of the CME and the whole futures market.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • image.png

  • Posts

    • Massa solution to blockchain trilemma of security, scalability and decentralization has gained significant widespread adoption hence the reason they now have over100 investors including Blueyard, TRGC, Andurance Ventures, Ariane Capital, Acequia Capital, and Numeus. The adoption of MAS is on a large scale recently with the listing on Bitget giving it additional exposure to over 25Million users.
    • Massa scalability, efficiency and security position it as one of the most sought after project right now. This is evident as the project boast over 100 investors including Blueyard, TRGC, Andurance Ventures, Ariane Capital, Acequia Capital, and Numeus, Massa has a great prospect of becoming one of the top project in the defi landscape hence I will advise you keep eye on it.
    • EURUSD Elliott Wave Analysis Trading Lounge Day Chart,     Euro/U.S.Dollar(EURUSD) Day Chart   EURUSD Elliott Wave Technical Analysis FUNCTION: Counter Trend                         MODE: impulsive as C                 STRUCTURE:blue wave 3                           POSITION: black wave C of 2                         DIRECTION NEXT HIGHER DEGREES:blue wave 4                           DETAILS: blue wave 2 looking completed at 1.09862 .Now blue wave 3 of C is in play . Wave Cancel invalid level: 1.08838   The EUR/USD Elliott Wave Analysis for the day chart offers insights into the potential price movements of the Euro against the U.S. Dollar, applying Elliott Wave principles for technical analysis.   Described as a "Counter Trend," the analysis suggests that the current market direction is contrary to the prevailing trend. This indicates that the EUR/USD pair may be undergoing a temporary reversal against the broader uptrend.   Identified as "Impulsive as C" in mode, the analysis indicates that the current market movement exhibits characteristics of an impulsive wave within the larger corrective pattern labeled as "C." This suggests a strong and sustained directional move against the primary trend.   The "STRUCTURE" is labeled as "blue wave 3," providing clarity on the current wave count within the Elliott Wave cycle. This assists traders in understanding the ongoing impulsive movement and its alignment with the broader corrective structure labeled as "C."   Positioned as "black wave C of 2," the analysis highlights the specific phase of the corrective pattern within the larger Elliott Wave cycle. This suggests that the market is currently undergoing a corrective phase within the context of the broader countertrend move.   In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "blue wave 4," indicating the anticipated direction for the subsequent higher-degree wave within the corrective pattern. This suggests that the market may experience a temporary pullback following the completion of the current impulsive wave.   The "DETAILS" section notes that "blue wave 2 looking completed at 1.09862. Now blue wave 3 of C is in play." This suggests that the previous corrective wave has likely concluded, and the market is now in the third wave of the current impulsive movement. Traders may monitor this wave for potential trading opportunities or trend continuation. Additionally, the wave cancel level is noted at 1.08838, serving as a reference point for invalidating the wave count.     EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart,     Euro/U.S.Dollar(EURUSD) 4 Hour Chart   EURUSD Elliott Wave Technical Analysis FUNCTION: Trend                         MODE: impulsive                   STRUCTURE:red wave 3                           POSITION: blue wave 3                         DIRECTION NEXT HIGHER DEGREES:red wave 4                           DETAILS: red wave 2 looking completed at 1.08838  .Now red wave 3 of 3 is in play . Wave Cancel invalid level: 1.08838   The EUR/USD Elliott Wave Analysis for the 4-hour chart provides insights into the potential price movements of the Euro against the U.S. Dollar, utilizing Elliott Wave principles for technical analysis.   Described as a "Trend," the analysis indicates that the prevailing market direction aligns with the broader uptrend in the EUR/USD pair. This suggests that the current price action is consistent with the dominant bullish momentum in the market.   Identified as "Impulsive" in mode, the analysis suggests that the current market movement exhibits characteristics of an impulsive wave, indicating a strong and sustained directional move. Traders may interpret this as a sign of significant buying or selling pressure driving the market in one direction.   The "STRUCTURE" is characterized as "red wave 3," providing clarity on the current wave count within the Elliott Wave cycle. This assists traders in understanding the ongoing impulsive movement and its alignment with the broader Elliott Wave structure.   Positioned as "blue wave 3," the analysis highlights the specific phase of the impulsive wave within the larger Elliott Wave cycle. This suggests that the market is currently experiencing a strong upward movement within the context of the broader uptrend.   In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "red wave 4," indicating the anticipated direction for the subsequent higher-degree wave within the impulsive pattern. This suggests that the market may experience a corrective phase following the completion of the current impulsive wave.   The "DETAILS" section mentions that "red wave 2 looking completed at 1.08838. Now red wave 3 of 3 is in play." This suggests that the previous corrective wave has likely concluded, and the market is now in the third wave of the current impulsive movement. Traders may monitor this wave for potential trading opportunities or trend continuation.   Technical Analyst : Malik Awais   Source : Tradinglounge.com get trial here!    
×
×
  • Create New...
us