....and yet the market is random? Back to Mount Doom Sauron.

Strategy of losers

Yawn. Is anything in this universe truly 'random'? I can't think of anything bar quantum physics, and I'm not sure that is revelant to anything in the world we live in. The market is a function of the buyers and sellers operating within it. What's ...

Strategy of losers

I don't mean to patronise you but you've got to take responsibility for your own decisions. It's not FF's fault that you weren't abreast of the events that effected your trade. And it begs the question; where on earth was your stop loss?

Japanese Election on calendar

If you're using a trailing stop, then that is your chosen method of risk management when a trade goes into profit. Management of your exposure to risk is a sensible policy but placing a stop at b/e when a trade goes a few pips in your favour is too ...

"Never turn a winner into a looser" - Myth or Reality?

I don't mean to dissuade anyone from contributing, and I don't mean to be harsh just for the sake of it but what is useful about what he has posted so far? A bunch of contradictions and a list of analysis tools - that isn't a strategy. I hope he ...

Classic Method Strategy

What strategy? Just looks like a few charts with little explanation and a couple of guesses as to where price might be headed. Perhaps this thread might find itself more appropriately homed in the journal section. Even if you did outline every ...

Classic Method Strategy

I can see how Martingale could work if the next trade following a loss had a higher probability of winning. So for instance, you identify a support area in an uptrend that you have deemed a good value buy. Your order is hit but quickly stopped out ...

Why martingale doesn't work in trading

Doesn't the analysis that a currency is under/over-valued from a fundamental standpoint completely discredit the assertion that fundamental analysis is the 'only way to go' in the first place? Either your analysis is wrong, incomplete or the market ...

trading with fundamentals is the only way to go

Chime. Biggest lesson for me, and looking back the most important change I had to make to develop as a trader was admitting and taking responsibility. Easy to say, but not so easy to do. It is not just about trading, you have to change as a person. ...

Forex Mentors - The Best Investment You Can Make?

I think the best you'll get is the CME futures volume and open interest reports. They should represent accurate figures for the market as a whole. url Here's August's: url And here's the historical reports: url

Forex volume by month - anyone know?

Try tightening up the points from which the trendlines are drawn when you view lower time frames. A trendline correctly drawn on the 4H will only be accurate on the 1H time frame if the highs/lows were made within the 1st hour of the 4H period, so ...

Why do trendlines appear in different places on different timeframes?

"In theory, there is no difference between theory and practice. But, in practice, there is." Jan La Van De Snepscheut Ever wondered why your holy grail EA's failed to work, and what does that tell you about the market? Perhaps you have been barking ...

Greenspan and Currencies - Delusional?

I apologise FX-Petra, perhaps frustrating would have been a better word. I don't take internet forums or the heated debates I get myself into on them personally, and I'm sorry to hear that people have resorted to unpleasant PM's just because you ...

Greenspan and Currencies - Delusional?

That's quite alright, you don't need to and neither do you have the authority tell me or us what is possible. You can only state what you have found to be possible for you. I find it slightly irritating that you feel it necessary to extrapolate ...

Greenspan and Currencies - Delusional?

Sounds like absolute nonsense to me. By definition, the 'crowd' follow, they get in late. The sheep get in when the move has gone on for some time when their indicators have fired off signals to get in once those who made the move happen are taking ...

Need Explanation from a Veteran Trader

...because a noob might follow you and take it as a trade recommendation. If you do not understand why the trade is taken, what research the trade is based upon and when the trade is no longer valid, then you have no business taking it. I'm sure ...

A good trader never says what he's buying or selling because...

Unless it hit your (GTC) SL or TP then the trade will remain open, regardless of whether your computer is on or not. You might get knocked out of a trade if the spreads widen, and so it would appear on a fixed spread chart that the price wasn't ...

MB Trading Futures - Introduction

No, they're all server side. I believe the reason that this characteristic is emphasised for trailing stops is because this is not the case on MT4 and perhaps other trading platforms too.

MB Trading Futures - Introduction

You 'think' string theory is 'crap'? What makes you think you're knowledgable enough on the subject to make such a judgement? Do you understand the absurdly complex mathematics of the theory? If you did, you wouldn't be posting on an internet ...

Theory of Everything, and Trading

I guess that depends if you only have one strategy and that particular strategy's success is reliant upon volatility/trendiness. I have learned to love the Asian range. Frequently enough I am left a pleasant gift by the market when I awake. It ...

Trading for a Living - Cliff Notes