Nice thread! I did my dissertation that I submitted 2 weeks ago on Do Machine Learning Techniques Add Any Value Over Traditional FX Trading Strategies, and I explored OLS, elastic net, random forest, GB regression trees in a portfolio approach over ...

Machine Learning with algoTraderJo

If there's one thing I believe to be invariant about markets is that such a thing called 'trend' exists. url url url As to how it arises, I don't really care but I am guessing it's a result of human nature and how we react to change.

Forex Trading Philosophy

Taking Counter-Trend Trades One of my favourite set-ups is around London Close when the pair has fulfilled its NY and London volatility. image Waiting for GU to go into the 1.5074 area within the next 1 hour or so for a possible counter-trend long ...

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No I'm not talking about scalping. Unless you consider trades with 60 pip TP to be a scalp...

Anybody have a good long term trading strategy?

Choosing Pairs to Trade As an intraday trader, I only consider the most liquid pairs with the lowest spreads. EU and GU are the two I am trading right now, but really I only look at one at a time. I never take the same correlated trade on both. It's ...

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My tp is at 1.5080. I'm an intraday trader. I don't keep trades overnight. Not worth the risk. SL now at 1.5120. Whatever the outcome, I'm done for the London/US early Session. EU stopped out for small profit. Will be back around 2 hours later to ...

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The Trend is Your Friend My favourite classic trade. When the 4H is down, and the 15min is down, I look to sell on rallies. Example GU -- Stops at BE now. image

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The Nature of Trading Although sometimes, this can happen... but that's just trading and we got to deal with it image Often traders will think that when this happens there's something wrong with their system and maybe the solution is to not use ...

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Choosing a trade management plan I highly recommend using some variant of ATR (I use ATR(200) on the 15 min chart and take the upper limit) to formulate a trade management plan. Volatility is fairly stable and I can't tell you how many times price ...

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A Demand Supply Twist I look for them on 15 min charts and I like the ones just beyond or just before 200EMA. 15 min Counter-trend entry/4H with trend momentum-based entry possible here soon. I'm eyeing the 5 min charts for a shift in trend there. ...

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Misconceptions about Risk-Reward Ratio Thx! Interesting point. I agree and I personally think risk-reward ratios can only be determined in hindsight. It doesn't make sense to 'target' a certain risk-reward ratio as a TP, but rather you choose the TP ...

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Haha he's hilarious! Be water.. Very eastern-philosophy. That we resist, persists.

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The problem with these MA cross-over is that most of the time even if you are trading with the trend, there's no 'price jump' edge. In other words, price is not likely to breakout most of the time. There are some periods in the day where breakouts ...

2 EMA Crossed

Hi Thx Thx can check out this paper. url They use fundamentals to predict and find elastic net works as well. I used historical returns + historical technicals in my dissertation; adding fundamentals worsen the predictions and profits. I follow ...

Profiting from an unpredictable market?

Define predictability. Are we talking about predicting the mean/average of the next period returns? If that's the definition then a way to evaluate predictability is by root mean squared error (RMSE). BUT, is that necessary for profitability? Maybe ...

Profiting from an unpredictable market?

Without additional filters, this strategy has no edge.

2 EMA Crossed

I'm an intraday trader. I lose about 2 out of every 3 trades, but profit factor ~1.6. My results for the last 10 trading days were: +1.6%, +1.5%, +3.2%, -0.65%, -1%, -1%, +5.2%, 0%, -0.9%. On average I lose about 3 trades everyday, the risk % ranges ...

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Not true at all. Intra-day trading is a whole different game from swing trading or long term trading. Unless by principles you mean stuff like let profits run and cut losses short etc.

Anybody have a good long term trading strategy?

Intuitively, if trend following strategies work, then this must be true to some extent. After all the whole trend following idea rests on the premise that as price moves further away from a given point, it has tendency to move even more.

Statistical Analysis of TZs