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birdt replied Aug 28, 2008These dualistic arguments rarely are that black and white and have a tendency to become polarized. I suspect that the marriage of the technical precision of the machine and the judgment of the human brain complement each other way beyond what either ...
How to deal with the losses??
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birdt replied Aug 28, 2008It is true that I am not especially well informed about the most recent developments in these models and I had not heard of this Harris Simons character. The guy appears to be a genius with a Nobel prize winning network of connections and stacks of ...
How to deal with the losses??
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birdt replied Aug 28, 2008Not a great deal going on on my charts right now apart from a taste on GBPJPY, not feeling so confident about holding on to shorts despite GBP getting a royal whooping across the board. Anyhow, here's a nice looking set-up on [email protected] (120 pips ...
No Brainer Trades
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birdt replied Aug 27, 2008Do you think those particular levels were especially significant? That is, were they recent or respected enough that everyone else with a chart open could immediately see their relevance? To me both of those levels despite having some price action ...
No Brainer Trades
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birdt replied Aug 27, 2008The human brain is the most sophisticated instrument you will ever own. Banks and the serious big hitters have pumped billions and hired some of the greatest mathematical minds to develop models that outperform the markets and as far as I know they ...
How to deal with the losses??
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birdt replied Aug 27, 2008Yes, but I think you misunderstand the point of what Taleb was saying - the market is not entirely random, but if it were then we would expect some lucky fools to become superstars and in that world (and in ours), they would (and do) attribute their ...
Ruler of the Universe
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birdt replied Aug 27, 2008Is it not the case that a theory is only proven when it is proven wrong? Until that point it is impossible to say for certain. So, if you never proved anything, I'd guess you were pretty successful. url
I never proved anything
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birdt replied Aug 27, 2008Very similar situation with AUDUSD; confluence of horizontal support turned resistance, pitchfork sliding parallel and 38.2 fib.
Andrews Pitchfork (Median Line)
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birdt replied Aug 26, 2008I was just looking in the BRV 'no-brainer' thread and something he posted about EU got me thinking about identifying possible places, times and prices that it might be profitable to buy after this monumental downswing in EU. Here's a chart with a ...
Andrews Pitchfork (Median Line)
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birdt replied Aug 26, 2008Good to see you back in here Catalin. I have a similar set-up, but with these warning lines parallel to the green APF (that did not describe price especially well itself). Waiting now for the next interaction on this pair. I know you wanted to keep ...
Andrews Pitchfork (Median Line)
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birdt replied Aug 26, 2008Since downloading the updated MBNAvigator program, I am intermittently getting the error 'Invalid Time In Force [Day]' when I try to execute an order, particularly after the program has been on for an hour or longer. To remedy the issue I have just ...
MB Trading Futures - Introduction
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birdt replied Aug 22, 2008They'll be different, obviously. Which kind of makes them redundant unless you use the same data that the market-movers use for their levels. You should be able to find an MT4 indicator (I apologise I can't [be bothered] to find it) that you can set ...
Daily pivot
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birdt replied Aug 22, 2008So let me get this straight - when a 'cup' formation appears, look to the base of the cup to find a potential pivot for the 'handle'? Here's an example of my perceived understanding of this principal. Note that when this scenario plays out multiple ...
No Brainer Trades
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birdt replied Aug 22, 2008ANother retest of this long term GU support line which has been active from at least 2005. The last retrace (on the 15th) only moved 250 pips from this line - perhaps indicating it is losing it's significance.
No Brainer Trades
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birdt replied Aug 22, 2008What you guys reckon about this EURJPY resistance zone, it has been active the last two weeks providing both support and resistance on several occasions (perhaps a bit too busy), and the last touch resulted in a 200 pip bounce down. Certainly an ...
No Brainer Trades
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birdt replied Aug 21, 2008Hmm, bit of a mixed bag so far today, some good bounces, some levels got crunched. Next one in my sights is this potential resistance zone between 0.8785 and 0.8795 on AUDUSD, and I provide a chart for your perusal. Comments welcome.....
No Brainer Trades
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birdt replied Aug 21, 2008Med student eh, I don't know if I should give you any resources now, I don't want any blood on my hands. Perhaps I have done ol' babypips a bit of a disservice. It is good for a really basic introduction, as long as you appreciate that there is much ...
Newbie In Need of Help
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birdt replied Aug 20, 2008Don't you mean 'I'm a student a university so I'm free 9-5PM'? 1) depends on various factors, but personally through the three brokers I have used, I have found MBtrading to be the best trading platform. Google forex broker reviews and pick one that ...
Newbie In Need of Help
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birdt replied Aug 20, 2008I had this problem when attempting to download the original attachment from the first page of this thread with it being a damaged file etc.. I'm not sure what changed but there does not appear to be a problem anymore. I do not think the issue is ...
No Brainer Trades