Yes, I'd like to get better at using the COT charts. I'm not a big fan of indicators, but it would be nice to be more proficient at interpreting the results. It certainly can't hurt to look at strengths and weaknesses when trading.

COT Charts, Great Info?

Wouldn't it move against the federal reserve? By dumping cash into the market they're increasing the monetary supply and effectively inflating things... aren't they? Wouldn't that decrease the value of the dollar and increase the EURUSD? Problem is, ...

how big do i have to trade to move the market?

The US and UK tend to have the biggest players tho, just compare Asian activity to what happens when the US session opens... laff. So I can see why major holidays like Christmas (Thanksgiving, Easter, basically any US holiday) would be a big deal. ...

Should trading be avoided at summer?

Really... hmm, I've never seen any way to do that. You're going to have to back that up, lol. How can you predict the maximum distance from an average with any edge? Take a look, for instance, at the JPY pairs. The USDJPY was in a free fall and ...

Cointegration of currency pairs

My 2 pips... Looks like a rising triangle consolidation has started. Probably see price drop some, bounce off the 21 MA again, rise, hit resistance and repeat for the next month or so until price can catch it's breath... then we'll break out. Up or ...

What's going on with the EURUSD?

Well sort of. Prices won't wander a fixed "maximum distance from a mean" really, and it's not like you can just say "ok, they're 200 pips from the mean, there's a huge probability it's going to regress now!" because you're not factoring in enough ...

Cointegration of currency pairs

The weekly shows a crazy consolidation period for the last several months. We're probably on some funky version of the down slope. But who knows, there are plenty of support levels we could bounce off and break out on. Looks like we're traveling the ...

USDCAD trend reversal?

IMO 3% per year isn't enough to warrant trading. I can get 5% per year from a local bank in a "super savings" account. If you google on "Money Market fund" you'll find a number of them fit the bill too... so if you're just looking to trade at that ...

trader who hits about 1 -3 % per year

Keep in mind that there's a statistical confidence factor too. If you flip a fair coin 10 times you won't always get 5 heads and 5 tails. You'll get 6/4, 7/3, it can vary. It isn't until you flip the coin enough that the law of large numbers plays ...

Help me understand Larry Williams's Money Management

Not 100% sure why they'd require a series 7, but that's not a difficult test. Most of it's just technical jargon and legal stuff. There's a lot of study material out there to make it easier. If they aren't paying for that... check ebay and amazon. ...

So I accepted a Prop Trading job in South Beach Miami

You can write one (or get one written, check the MT4 forum, they're pretty cheap) to do anything you want. For instance you could specify what time, or one what conditions, to buy and then load the chart for a pair and attach it to that chart... ...

Set Trade Time?

You could write an EA to do it, yes. But your system would need to be on and connected to the internet for it to work. It would not be a broker-side order.

Set Trade Time?

He might be accepting liability by doing that tho, so he'd really want to talk w/ an attorney first and make sure everything is safe. I know this isn't the vein of the thread... but have you just considered demo trading till you're 18? Surely the ...

Broker for 17 year-old?

For the remote login, yea there are crash issues... if your system is dedicated you can have the remote prog load at boot which will help some. I'd be more concerned with my wireless connection dropping out than the system crashing, but that's just ...

Trading from a PDA

Not exactly what you want, but it's a bit of a hack that works... setup your home PC w/ a remote access app like logmein or windows remote desktop. Most of them have a PDA version, then you can control the apps on your desktop and run thru any ...

Trading from a PDA

I second the "exit strategy" comment but also add "cool money management tricks" to the mix too.

If you could have help with your trading

You can use the iTime() function to get the time of a bar, and then just use a TimeHour() comparison to see if it's within your range... like: datetime CloseTime = iTime(Symbol(),15,1); if ((TimeHour(CloseTime) < min_hour) || (TimeHour(CloseTime) > ...

Simple Moving Average

IMO the entry is just a tiny tiny portion of the trade. Even the best entry can yield a bad trade, not just by the odds but by improper follow-thru and a lack of confidence. 2 people can take the exact same signal and end up with completely ...

I need an opinion plz

Common fib numbers are... 0%, 23.6%, 38.2%, 61.8%, 100% With 50% added for convenience. Some ppl expand it and add a 78.6% or there-abouts (it's a pretty common area too) and add lines above and below into the negatives and above 100%. How you use ...

Looking for a Fibonacci guide

Laff. Is that why price likes to play tag w/ the 50 SMA? =) Price is inherently random outside of human elements, but resistance and support still show their heads on the H1. IMO the H1 is too tiresome to play for long, but I used it today to exit a ...

Short Term Trading is Quantum Physics