Nice work slimcat and shreem on the Jason Alan Jankovsky tip. Been doing a bit of digging and he seems to know what he's talking about on this subject. Ordered 'Art of the Trade - What I Learned (And Lost) Trading the Chicago Futures Market.' I'll ...

(binned per thread starter's request) Behind Price-Orderflow

I recall (although not the source) that 32% of forex volume goes through London trading desks, more than any other location. The UK has traditionally been the centre of the foreign exchange industry and I suspect this is still the case now. However, ...

Trading for a Living - Cliff Notes

Really? I think he's showed remarkable restraint. Never once took the bait. Never retorted or resorted to insult. You could hardly say the same about some others on this thread. And these people who can't control their emotions and start flapping ...

Forex Mentors - The Best Investment You Can Make?

In fairness, if people are making more than the $700, or not losing more than $700, due to Jacko then he is offering a valuable service. I know some people who have taken his signals, and for the most part they were delighted with them. So let's not ...

Forex Mentors - The Best Investment You Can Make?

The Black Swan theory basically states that you cannot prove a positive statement, such as 'all swans are white'; you can only disprove it - 'here's a black swan, ergo, not all swans are white'. In other words, absence of evidence is not evidence of ...

Forex Mentors - The Best Investment You Can Make?

The 'bucket' play as I understand it is quite similar to Sam Seiden's method of identifying areas where price has previously displayed imbalances in supply and demand and speculating that there will be clusters of limit orders which will see price ...

In love with patterns

Welcome to the internet. Hope you enjoy your stay.

Forex Mentors - The Best Investment You Can Make?

If Pipmutt is a troll, then you are a shill. If you ask a question in 'your' thread then you invite people to answer it however they see fit. It seems a more apt title reflecting your intentions would have been "Al Jacko'Qaida Cultists Come Hither ...

Forex Mentors - The Best Investment You Can Make?

Hold on, can we all just take a deep breath for a second here, there's a danger that some intelligent discussion might break out in this thread. Here's another point that I have a bone of contention with: 3. "the shorter the time period, the more ...

Forex Mentors - The Best Investment You Can Make?

I'll pick one for you: "When you trade with the trend, even if you make a mistake, the market will get you out of your problem" This one stood out to for me as being quite dangerous advice if it wasn't put into a great deal of context. It seems to ...

Forex Mentors - The Best Investment You Can Make?

Either traders thought it was going to be a lot worse, or they don't care because equities are in good shape. If that news piece was taken negatively by speculators then the DJI and S&P would tank, and the risk aversion associated with such an event ...

EURUSD, what just happened?

I'm not sure that skfx has explicitly stated that these moves are engineered by insiders, although he might yet, but do these moves need to be manipulated for the opportunities to exist? I suggest that they aren't. If a market looks bullish, then ...

(binned per thread starter's request) Behind Price-Orderflow

A quote from the Sage of Omaha springs to mind: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." If you can read the market and identify the points where fear will manifest itself, and therefore ...

(binned per thread starter's request) Behind Price-Orderflow

This thread is dead. Go to the link below if you want an active discussion of ML's, although that too has periods of hibernation. url

Andrews Pitchfork

Did you read the studies I referred you to? If there is even one strategy or trader that is profitable in the long run then the market is not random. That does not equate to mean that the market can be formulated with an equation that maps out the ...

Long term Profits within Negative Expectancy

What do you make of this FX-Petra? url Within the discussion there is also mention of another paper geared toward the FX market (Chang and Osler 1994) which you may wish to investigate if you're of a mind to. So based on this evidence alone, this ...

Long term Profits within Negative Expectancy

url The Action Forex website above provides updated pivots based on the NY close. It appears that acumen's pivot indicator does not have an option to shift the window of data from one 24 hour period to another, but as it is only an hour or two off ...

Trading for a Living - Cliff Notes

So how did the first trader become profitable if there was no profitable trader that preceded him to teach him to be profitable? With that logic, there would be no profitable traders whatsoever. Some people need to be told what to do, others blaze ...

why I DON'T need a forex mentor

Even if you have a great mentor, you still have to figure it out for yourself. You still have to own the thoughts and abilities that make a trader. Just because someone else around you is wise does not mean that it will rub off on you. It's like a ...

why I DON'T need a forex mentor

It is a tautology, the existence of one profitable strategy would mean that the market is not perfectly random or perfectly efficient, so I suppose the research that is most relevant would be your own delvings into trading the foreign exchange ...

Forex Mentors - The Best Investment You Can Make?