Perhaps even randomly drawn lines can work.

Do Pivot Points really work?

Im curious as to how you came to the conclusion that scalping the minute chart is the best way to venture into trading.

Cutting the cord with M1 scalps

It is deeply frightening in two ways: 1. That someone in his position would be so reckless with money. 2. That he managed to lose his trading stake during a time where the EUR/USD presented excellent trading conditions. Forex Factory is a terrifying ...

Still losing

'Win or lose, everybody gets what they want out of the market.' - Some-guy-who-doesnt-trade-intraday-forex-and-hence-knows-nothing-about-markets

I need your Signature quote here

Thank you for sharing your process. No offense, but this is one of the scariest things I have ever read even by FF standards.

Still losing

What kind of system are you talking about? Technical-based? Fundamental-based? Mechanical? Discretionary? Different systems are created with different intentions and objectives. Do you now realize your mistake when you ask if systems 'really work'? ...

Do trading Systems really work?!

A pair of eyes. So you can buy when price goes up and sell when price goes down.

What is needed to be successful in forex trading

Meaningless question. If you run 10 strategies simultaneously their net effect can be considered as a single strategy. The type of question that is more pertinent to trading would be regarding the nuances of a trading strategy.

How many strategies does one need?

Waves grant insights into the nature of markets. If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming ...

Do Elliott waves work?

The difference between reacting and predicting in trading is quite superficial. Using an example of two momentum traders: One trader would frame what he does as 'reacting to a demonstration of momentum' while another may frame such an opportunity as ...

Why it is possible to predict price movement?

The joy of unnecessary complication also applies to the majority of people here discussing just about anything related to technical trading. People seem to want to medicate their feelings of uncertainty with complication.

The Usual Suspects - Effective Baskets

Exactly. Looks like you understand. One more thing, consider analysing each added position as its own independent system. Does each additional entry still make sense in the context of your system's logic? That is for you to decide. Sorry, don't have ...

Trading an Equity Millipede

I agree the tone was quite strong. Don't take it personally, im always addressing my posts to the average poster whose conception of trading is to grab as many pips off the 1 minute chart before lunch. If I manage to shake up their settled beliefs ...

Why it is possible to predict price movement?

My commitment to posting in such threads is inspired by the influential FF poster Mingary.

Why it is possible to predict price movement?

There isn't really an argument here. I reject the presuppositions that underlie the discussion because they are absurd and equate to predicting the future.

Why it is possible to predict price movement?

What on earth are you talking about? That is, in fact, what I am trying to debunk.

Why it is possible to predict price movement?

Not only this. You may also face more fluctuations in realized profits Simple. Think of the maximum amount you would risk on a trade and only pyramid to that amount.

Trading an Equity Millipede

Flattering. The fact remains, one cannot predict future prices with certainty as that is tantamount to predicting the future. Its quite disturbing that this kind of thinking is so prevalent.

Why it is possible to predict price movement?

Alright, this has gone on long enough. Predictive approaches are only feasible in scalping where trades are held for several seconds on average. In speculation, especially if you wish to forecast long term price movement, it is not possible to ...

Why it is possible to predict price movement?

Yes, that is understood. While on the surface it looks like you are risking a constant amount at all times, you are really paying for it with your position in the trade. Adding more full sized trades has the effect of increasing your correlated ...

Trading an Equity Millipede