COT is weekly, at best. If you're trading the weekly charts I suppose you could use COT data, but... uhm, if you're trading the weekly you don't NEED COT data.

Commitments of Traders Weekly Report

Yawn. And the point is? Indicators are evil? Most ppl don't know what they're doing? Most the stuff you find in public is junk?

The lie of it all - systems and their weaknesses

Hehehe. In general, yea, there's a lot of correlation to be sure. But some TA approaches that work in one market won't work in another. As more intra-day traders get involved in a market the amount of time spent ranging increases, while the amount ...

I have had enough :

Hehehe... FX certainly has a rhythm all it's own, doesn't it?

I have had enough :

Since may? That's 5 months? Hehe, some ppl take years to get the hang of it. Put less pressure on yourself and go back to demo for a while.

I have had enough :

I don't know of any that are specific to forex itself, but there are numerous books for financial markets as a whole. Any book on quantitative analysis will do the job, I'd imagine. So start your research there. A search on amazon turned up a lot of ...

Mathematical analysis

I can already answer that. No, it's not. Larger time frames like weekly and monthly have more "trendy" behavior, which means the distribution is more long tail. While smaller TFs have a more normal distribution. However within smaller TFs there are ...

Mathematical analysis

First, good luck. The road you're about to embark on has been traversed by many, yet completed by few. The markets are, if anything, complex. You will find statistics to be only a rough approximation of market behavior. Not tick by tick, no. But you ...

Mathematical analysis

Laff, which was the point... anything providing less than that isn't much use to a trader. Mebbe, but I haven't even seen what it is yet. If you're talking about the Martingale thing, I think it's safe to say you'd have better luck buying and ...

Buy/Sell Stop MM Strategy?

I would argue that this falls within the definition of technical analysis. If you're using price or volume statistics, or any combination of price or volume patterns, that would be technical analysis. There are problems w/ this theory. First, forex ...

Buy/Sell Stop MM Strategy?

Flip thru the tabs after the backtest. You'll see where it gives you return stats and modeling quality. What is modeling quality? Consider this: You have an EA that goes long when the price breaks from the daily high. You backtest it using daily ...

is this possible?!!!

You can't average your way out of a loss over time. It sounds like you're talking about a semi-martingale. Using hedged positions for an SL, closing profits to grow your account while keeping losses hedged, etc. If that's the case, you're missing a ...

Buy/Sell Stop MM Strategy?

LOL, ok. If it can be mechanically coded, sure. Send me the details, I'll code it up and run it over my database. I'll expose the strategy to a half-dozen pairs for at least 10 years of data on each pair. If it actually it works, I'll admit that I'm ...

Can you actually live off Forex trading?

Nod. If you're focused on a single set of TFs only then it'd only be a matter of trading, or not trading.

Buy/Sell Stop MM Strategy?

Money management isn't an edge, so if you're only using a strategy that has no other edge... then that strategy has no edge at all. Over what time frame? A week? Sure. 20 years? Not a chance.

Can you actually live off Forex trading?

Just as it's possible to put all of your money on black and let the wheel spin... Nod, the fractional account sizing aspect at least. No wonder the same guy that wrote "Beat the Dealer" started the first hedge fund... Show me a grid trader and ...

Can you actually live off Forex trading?

Agreed. However MM does effect drawdown, and w/o managing your losses you're just prey to the odds. I have tested several EAs based on random entries and various MMs. Over short time frames they are profitable, but over long time frames they always ...

Can you actually live off Forex trading?

Assuming a random market at a random point, this is correct. Brownian motion is equally distributed both above and below the trade. But you cannot make money trading that way, as your wins and losses will equal out leaving you holding the ...

Buy/Sell Stop MM Strategy?

While MM is certainly a crucial aspect, you can't consistently make money w/o having a numerical edge somewhere. But as for the OP, you can live off any kind of trading if you're good at it. If you're not, then no you can't. The problem is your ...

Can you actually live off Forex trading?