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Shoot the short
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Shoot the short

  #121 (permalink)
Site Administrator
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I'm getting faster cable modem internet next week, so I wanted to write down a few speed tests as of today so I can compare them after the upgrade. Right now I have 15/2 from TWC, the upgrade will put it to 50/5 which is as fast as they go.

Pingtest to Dallas:
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Pingtest to Chicago:
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Speedtest to Dallas:
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Speedtest to Chicago:
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Wow, really terrible throughput numbers for Chicago. Ok so let's see what I get next week. Not expecting pings to change, just throughput.

Mike

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  #122 (permalink)
Administrator: Retired Backtester
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Big Mike View Post
Can you tell I was done early today and have been browsing the web, relaxing a bit?

Now here is a photo you won't see often. A president of the US and a shirtless man posing for a photo together, drinking beer (well, Budweiser technically).

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The soccer guy is American back Carlos Bocanegra.

Mike

And the guy (on the right) is playing in a french team, the "stade Rennais" (and their stadium is exactly 3 miles from my home).

Success requires no deodorant! (Sun Tzu)
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  #123 (permalink)
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That pic is awesome.

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  #124 (permalink)
 R.I.P. 1960-2010 
 
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Big Mike View Post
I
Wow, really terrible throughput numbers for Chicago. Ok so let's see what I get next week. Not expecting pings to change, just throughput.

Mike

It is not just you. Chicago is always the slowest for me.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Attached Thumbnails
Shoot the short-speedtestwi.png   Shoot the short-speedtestsf.png   Shoot the short-speedtestchi.png  
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  #125 (permalink)
Site Administrator
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Here is the 1080p version of the new trailer for Harry Potter 7 (the final movie), Part I of II (the movie will be two parts).

Looks good!

https://futures.io/miketemp/HP7PT1_TRL1_1080.wmv

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
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If you want
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  #126 (permalink)
Administrator: Retired Backtester
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Britain's financial regulator has fined and banned a former broker for manipulating oil prices by buying more than 7 million barrels while on a drinking binge.

7,125 contracts accumulated, drunk, in just over two hours, good job !!!

Success requires no deodorant! (Sun Tzu)
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The following user says Thank You to sam028 for this post:
 
  #127 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received

100 greatest movie insults:

warning --- strong language!!!!



Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #128 (permalink)
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I love it!!



Luke.

Take your Pips, go out and Live.
Luke.
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  #129 (permalink)
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Interesting and funny

There is a lot of talk about where the S&P is heading and I just got this news letter written by Ed Ponsi.
Thought I'd post it here..... Gotta love the second story....

Does the "Death Cross" spell doom for the stock market?

Technical analysts are all abuzz over the impending "Death Cross" on the S&P 500. No, this is not a reference to "Star Wars", nor is it the title of a new album by Black Sabbath. A Death Cross simply means that the 50 day moving average has crossed below the 200 day moving average, and is considered to be a very negative omen in the trading community. As you can see on the chart below, the 50-day moving average (green) has been creeping ever closer to the 200-day moving average (red). The two simple moving averages are separated by just 3 points on the hard right edge of the chart, making their crossing inevitable. In fact, by the time you read this, the moving averages may already have crossed.


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It is the S&P 500, and not the Dow Jones Industrial Average, that represents "the market" to most U.S. professional traders. On the left side of the chart, we see the 50-day moving average crossing above the 200-day, the so-called "Golden Cross," and the impressive rally that ensued. But does the approaching Death Cross - along with the Head and Shoulder pattern that many insist is visible in the chart above - signal the beginning of a precarious drop for U.S. stocks, an event that could have a dramatic impact on the Forex market?

Not necessarily. Research from Canadian brokerage company Brockhouse and Cooper indicates that since 1970, the dreaded Death Cross leads to an average loss of just 0.4% in the first month following the crossover. The way the stock market has been trading lately - losing more than 1% of its value on numerous days in June - a loss of less than one-half of one percent over the course of month would be considered a welcome victory.
Wait, it gets better. On average, the S&P 500 gains 2.5% over the following three months, and climbs 4.8% over the next six months after the dreaded cross, since 1970 according to the Montreal-based brokerage.
Does this mean that we should buy instead of sell? Again, not necessarily, because to go long in the teeth of a vicious downtrend can lead to a horrible result - just ask anyone who bought into the stock market after the most recent Death Cross, which occurred in late December of 2007. The result for the S&P 500 was a loss of 11.72% during the first month, and a whopping 41.28% decline for the following year.
What I'm saying is this - don't expect the market to crash just because the financial press is in a tizzy over this indicator. It makes for interesting conversation, and helps to fill hours and hours of empty space (as required by broadcasters and journalists mired in a 24-hour news cycle), but that alone doesn't give it significance.
So if the Death Cross is not such a big deal after all, then why all the fuss? My guess is the ominous-sounding name has given this indicator more notoriety than it really deserves. This isn't the first time I've seen people get excited about an eerie sounding indicator that turned out to be less of a big deal than anticipated.
For example, have you ever heard of the "Hanging Man" candle formation? This alleged reversal candle is one of the most useless patterns I've ever encountered (in my humble opinion; your results may vary), and yet it seems to be a topic of fascination for some traders. Maybe I'm wrong, but I'm guessing that indicators with dreadful names inspire a type of curious fascination among traders. Which is why I'm naming my new indicator the "Darth Piranha".



The Well Oiled Oil Trader

Perhaps you recall the curious case of oil trader Steven Perkins; last year, Mr. Perkins was blamed for single-handedly driving the price of crude higher by $1.65 in the middle of the night. Perkins claims to have been in an alcohol-induced blackout at the time and can't recall the unauthorized trades, which cost his employer $10 million to unwind. This past Tuesday in the U.K., the F.S.A. (Financial Services Authority) ruled that Mr. Perkins may not trade for five years and must pay a $107,000 fine.
The regulatory agency came down hard on Perkins not only because of the unauthorized trades, but also because he allegedly lied to cover up the snafu. But the FSA's jurisdiction does not include Switzerland, where Perkins has just landed a job as - you guessed it - a commodities trader. Perkins signed his contract in Geneva exactly one day after the FSA.'s ruling. No word yet on whether job offers have also been extended to Nick Leeson and Jerome Kervial.
All kidding aside, I'm guessing that Perkins' new employers feel that the guy is a good trader who made a mistake, and that's fine - nothing wrong with second chances. The moral to the story - friends don't let friends trade drunk!






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  #130 (permalink)
Elite Member
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The Germans are lethal.

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