So how do you "read" something if there are no patterns? Languages have grammar and syntax so that meaning can be conveyed; markets shouldn't be too different. Art is different because now it's subjective. And art is consumed for art sake, not ...

Much of Forex talk is illusional esoteric talk

Like I said, follow the trend and wait for it.

EURUSD

Yeah it comes in bouts. Hopefully I wouldn't have to top up again; kind of odd to say this but a proper winning trade soon would be helpful. Need that + 160% (i.e. 260% gain) of a winning trade to turbo boost my account. But can't force the market. ...

Testing High Leverage Compounding

Thanks Yeah chop is normal. The system is doing well so far with winners the past two days in choppy markets. today was a bit of a disappointment, really thought GU might run this morning. But I guess the big boys felt differently. The signal ...

Testing High Leverage Compounding

Just don't trade and wait.. when intraday and 4H align, trade.

EURUSD

London Session -1.25R / -50%. If you ask me, it's a good day because trading an older version of the system I would have lost 3.7R/entire account today. Although the older version is also profitable in the long term. Bear in mind if I were risking ...

Testing High Leverage Compounding

Good question. I'll test this using statistical methods on EUR/USD using past 5 years of data when I'm free.

EURUSD

Can your system handle this type of chop? image

Testing High Leverage Compounding

mm I think I've gotten over the trading out of boredom stage. and yeah, I'd much rather take the BE than a loss. my BE stops tend to work very very well -- 95% (okay maybe not 95%, lol, but it sure feels like so) of them turn out to be losses if I ...

Testing High Leverage Compounding

Traders' Podcast Some awesome free material here for traders. Interview with retail/professional traders. url check it out.

Testing High Leverage Compounding

This thread is from zombieland. But reading it reminded me of a quote... If you wait by the river long enough, the bodies of your enemies will float by. Sun Tzu So don't give up.

What is your most profitable trading method?

​Shrugs. That was a colossal waste of time. Done for the day. If only the US data were positive, lol. Today would have been huge. It's just a matter of time I suppose.

Testing High Leverage Compounding

This took ages... I literally fell asleep waiting. image

Testing High Leverage Compounding

Will The EU drop from here? May be the first full size trade soon :O 40% risk :O still waiting...

Testing High Leverage Compounding

NY Session In a strange twist of events, eur/usd just turned and seems to be in a downward momentum now. NY session trading is back on

Testing High Leverage Compounding

While this is true... allow me to play devil's advocate... I think we don't need to know much to profit from the markets. The real cause of failure is traders do too much.. Losers lose because of strings of losses averaging down into a ...

Much of Forex talk is illusional esoteric talk

Academics and Traders I used to think that academics didn't know what they were talking about and that everything they did was nonsense and not applicable to actual trading. That was until I did a dissertation myself and realised that actually it's ...

Testing High Leverage Compounding

It's impossible not to profit. Even the stupidest strategy, which is the random walk -- buy the highest yielding currencies against the lowest -- has produced risk-adjusted unleveraged returns better than the stock market and many other strategies ...

Testing High Leverage Compounding

NY Session By the looks of it... probably no trade. GU is undergoing trend transition/huge retrace, either way, intraday momentum is not in my favour to short/follow the medium term trend. EU is wallowing in some random zone. No edge if taking a ...

Testing High Leverage Compounding