Lets play a game — Ok guys lets go.. draw a trend line will see whose right

Trend Lines Don't Work

Ok.. I understand.. more comments about how how trend lines don't necessarily not work.. its about knowing where and when not and how they are tools.. again back to using a Philips head screw driver when you don't understand why or how a Philips ...

Trend Lines Don't Work

More and more junk in the trunk — Look.. so many things coming up about support and resistance.. and order flow.. ugh.. so now your telling me my trend lines don't work because of those reasons.. ok ok.. I understand Actually order flow is a ...

Trend Lines Don't Work

SWEEET!!! — Hey guys, So what I'm saying is they don't work.. trend lines don't work now if you start asking why they appear to work there is an underlying reason why on some occasions you can see a trend line appearing to work so I must not ...

Trend Lines Don't Work

Oh don't get me wrong.. news can be profitable in deed.. I just noted from a perspective of "oh this one news report was good it MUST go up.. is a dangerous assumption. Anyways I find current price reflects traders future expectations.. all there ...

trying to understand news in respect to trading

well your very defensive about this topic.. I little touchy for you? your absolutely right.. current price never reflects anyones outlook on the market

trying to understand news in respect to trading

To me news is pointless.. the big players don't care about todays news.. or tomorrows news.. they are sessions and years ahead.. so I agree with scotty that todays news was factored into the price a long time ago. news comes around, it goes up, it ...

trying to understand news in respect to trading

New Stats — Its Friday and just after London close the week was up.. does the EUR/USD retrace in direction before forex closes for the weekend? Will everyone take their profits before the weekend? NO! more often than not the last few hours of ...

Market Statistics & Probabilities (requests welcome)

fibs are too subjective for me to test.. I could draw a fib a million ways.. just like someone can draw a trend line a million ways..

Market Statistics & Probabilities (requests welcome)

on this test it was a moving average I am personally still turn off by the positive results because its a hell of a long haul with this statistics in other word draw down can large since the consecutive loses eventually add up big.. but in the long ...

Market Statistics & Probabilities (requests welcome)

Bollinger bands are a measure of standard deviation, set your BB to something like 14 period measure with Standard Deviation of 1.. could do a 30M chart that would be a practical example.. in 2010 this method was true as well but with 52% stats I ...

Market Statistics & Probabilities (requests welcome)

Standard Deviation & Statistical Advantage — I just ran a backtest of 10 years data on Standard Deviation The results show a small statistical advantage. Considering the upper and lower SD provided similar results it is convincing enough ...

Market Statistics & Probabilities (requests welcome)

My point being these are just my results.. please don't crucify me lol

Market Statistics & Probabilities (requests welcome)

Fading the Gap STATS — This is a touchy subject.. at least I perceive it to be some people might be stuck to there belief and insult me for going against there belief.. like when someone challenges something from the bible the bible lovers are ...

Market Statistics & Probabilities (requests welcome)

Sorry but I can't say its possible or impossible.. in theory you can make money on a 50% probability if you have proper money management concepts the problem with these stats and the fallacy of open and closing prices (which I hate every fucking ...

Market Statistics & Probabilities (requests welcome)

Optimal StopLoss and Point of Control — Hey Thanks for your kind words I think the test I have in mind actually will do this.. and I realized I'm an idiot and can do this phyc test easy I just had an error in thinking when it came to my ...

Market Statistics & Probabilities (requests welcome)

NOTE — for the record I am doing some personal study this week I am sure I will get back to doing some studies and tests such as the gap fading psychology levels (maybe, this presents some annoyances) and breakout levels.. you can keep adding ...

Market Statistics & Probabilities (requests welcome)

haha.. well actually I agree that consolidation is surly stored energy.. I would say its like sleeping and you wake up your ready to kick ass until you get tired again for me you can tell that 50% probabilities is what I am interested in personally ...

Market Statistics & Probabilities (requests welcome)

Thank you very much! So I might be able to test what you wanted.. I can probably find a decent way to define consolidation.. my first suggestion would be to use low volatility to define the consolidation and a spike in volatility for the breakout.. ...

Market Statistics & Probabilities (requests welcome)