The energy the trader expends is reflected in her buy/sell behavior. As long as we understand that our homework represents energy expended and later encapsulated in our buy/sell decisions, then we know that we are not merely making bets.
We trade education, encapsulated energy, and expectations. Continue reading Binary options: We trade expectations …
The old adage is that 99% of retail traders fail. I believe that we are failing because we are not good at obtaining and trading the most valuable commodity: information and knowledge. That failure is compounded when we push up against the hourglass of time. Continue reading I heard you should trade like a central bank. Let’s see what the Federal Reserve trading desks are waking up to on 5 September 2023.
Fed Funds Futures. 30-Day Federal Funds Futures rate=94.56 Source: CME Group. Federal Reserve Reference Rates. Discount window rate=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Source: Board of Governors of the Federal Reserve System. Federal Reserve Bank of New York. Treasurys. 30-year rate=4.29% 10-year rate=4.20% Source: Board of Governors of the Federal Reserve System. … Continue reading What interest rates are staring back at the Federal Reserve. 12:26 am EST 30 August 2023.
30-year and 10-year Treasury rates continue to tick up. Continue reading The interbank market at 8:35 am EST, 21 August 2023
In the end, the market maker’s proximity to the rate decision and the data the market maker provides trumps at least the notion of democratic participation in a decision that impacts everyone in society. Continue reading Of statecraft and governance: The market is regulated to maintain the fiction of democracy.
Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.38% 10-year=4.28% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice … Continue reading Rates seen by the Federal Reserve System on 17 August 2023, 11:50 pm EST.
Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.29% 10-year=4.19% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice … Continue reading Federal Reserve sees 30-year and 10-year rates continue to inch up. 15 August 2023, 9:51 pm EST
Foreign Exchange EUR/USD=1.1056 GBP/USD=1.2775 AUD/USD=0.6605 NZD/USD=0.6127 USD/CHF=0.8713 USD/JPY=141.7900 Treasuries 30-yr=4.18% 10-yr=4.00 Reference Rates Discount Window=5.50% Interest on Reserve Balances=5.40% Effective Federal Funds Rate=5.33% Overnight Reverse Repo Rate=5.30 Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice and … Continue reading What are the foreign exchange rates, Treasury rates, and reference rates as reported by the Federal Reserve on 11 August 2023, 12:18 am EST.
Foreign exchange rates. EUR/USD=1.1036 GBP/USD=1.2775 AUD/USD=0.6605 NZD/USD=0.6127 USD/CHF=0.8713 USD/JPY=141.7900 (Are you looking for a prop trade challenge? http://toptiertrader.com/?ref=1449 ) Treasurys. 30-yr=4.20% 10-yr=4.02% Reference rates. Discount Window=5.50% Interest on Reserve Balances=5.40 Effective Federal Funds Rate=5.33% Overnight Reverse Repo Rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. (Where are traders looking for … Continue reading What are the foreign exchange rates, Treasury rates, and reference rates as reported by the Federal Reserve as of 7:29 pm, EST
Lawyers Write the Bets. Bankers Sell the Bets. 