Well... OK, Euro and Pound are often said to be 'correlated'. (They're close neighbors and they're both trading against the USD). so it makes sense. If I'm looking for a long trade in one of those pairs, for example, I will compare them side-by-side ...

Where is the EDGE in trading? The most important thing in trading!

Those are just weekend spreads. There's no trading on the weekend. Most brokers just close up shop. At least Oanda stays open. Context, man. And yes, I can believe high spreads on a weekend when every liquidity provider is closed.

OANDA Discussion

OK, this is making sense to me now. Or, at least the reasons why you doggedly despise TA makes sense. Those are examples of friggin indicators. Now I agree with you. It's just another one of those "different definition of terms" discrepancies. So ...

Where is the EDGE in trading? The most important thing in trading!

reres, when you say Technical Analysis or TA.... do you actually mean "use of indicators" ?? Or maybe, since you're saying TA is worthless, would you define the TA you're talking about.

Where is the EDGE in trading? The most important thing in trading!

Another good, well thought out post.

Where is the EDGE in trading? The most important thing in trading!

OK, just to clarify... On #1: I pay attention to certain periods of the day. (i.e.) market open times, and a few others I've found interesting. However, I don't just "go long at 7am" or anything like that. All trades are whatever the charts are ...

Where is the EDGE in trading? The most important thing in trading!

OK, once more for good measure: "I watch for momentum setups, at preferable times of day, happening together on multiple markets, that have many obvious reasons to cause traders around the world to also take that setup. When a setup is good, many ...

Where is the EDGE in trading? The most important thing in trading!

OK, The only thing I said will "always happen" is traders taking opposite positions. One buys... another sells. And Yes, that will always happen. To the rest of the talk about angry TA traders not explaining why it works.... I still say you're just ...

Where is the EDGE in trading? The most important thing in trading!

OK, I'm going to step back in here for a quick minute.... What I referred to in my post (your reply is quoted), is that many traders do take opposing trades. One will buy, another will sell. That's why we have a market. And that is what will always ...

Where is the EDGE in trading? The most important thing in trading!

And on the monthly timeframe you can be whipped out by 200. But I will leave your timeframe of choice to your own preference. Timeframe isn't what we're really talking about here anyway. However, I tend to agree that... what you are calling ...

Where is the EDGE in trading? The most important thing in trading!

Yeah, I'll agree, that is the hard part of daily trading. Paying attention for the amount of hours that it takes. So it never really gets easy. It still takes a lot of time, patience, focus and discipline. Thanks, and Good Trading. Next week should ...

Where is the EDGE in trading? The most important thing in trading!

I thought about it some more. On trading is hard vs. trading is easy. I think it's both. I think it can be very hard and it can also be, at times, quite easy. Certainly it is hard at first and gets easier as you go along. This is true with any ...

Where is the EDGE in trading? The most important thing in trading!

Couple ideas. If you're looking for the alert to fire as soon as the price crosses the line, just set the fast ema to 1 or 2. If you're looking for the alert to fire as soon as the two MA's of choice cross, but on, say a 1 hour chart, it takes an ...

Moving average cross-over signal with selectable alert?

And just when I was about to mention how impressed i was that this thread is actually turning into thoughtful discussion. But, it's all good. Whooops.... too late. I just went into the Euro, Pound, Aussie overlap before I saw this. But to each his ...

Where is the EDGE in trading? The most important thing in trading!

Well, what I think most were talking about is that learning to trade is hard. Learning to be consistently profitable is generally not easy. Although, it is different for everyone. Well, I think here we may also have slightly differing definitions of ...

Where is the EDGE in trading? The most important thing in trading!

reres, it seems you have come a long way in the last couple of days. From: To: "correlations among indexes ...edge in certain seasonal patterns, weekly patterns or even trading hours of the day could work" I think you're at least on the right track ...

Where is the EDGE in trading? The most important thing in trading!