Not Quite There
20:34 2007/03/29

Making extensive comments about the FX markets nowadays - particularly about the short-term developments - would mean the effort to deliver something out of almost nothing.

Most of the mechanical as well as discretionary strategies in trading are intuitively built, I think, not to be making money, but actually in order to respond to the innate, human demand for action. As such, my greatest concern these days is that I may be seeing things in the market that are not quite there.


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