I have to have a lot of patience as I am getting used to how these Europeans trade. They have a different style than US traders. I primarily trade equities and know the S&P patterns by heart... The EUR/USD I may not see a proper trade setup for ...

Patience in Forex - KEY THING

You can definitely see the heightened optimism that puts in the market highs from the new moon into the waxing moon as investors are getting laid the most during these periods and feeling good during the last major bull market run. Rotflmao... There ...

Using Lunar Cycles to create a Swing Trading Edge(In Stocks)

I prefer to trend ranging markets only. Actually... Slow trending with high volatility is my preference. Instruments with a Trend/Range ratio that maintains around 0.1-0.2 are great! That is the ratio of velocity vs range in a section of price ...

"Don't trade in a ranging market"

LoL... That is hilarious... I always thought I was paying 1-1.2 pips both for selling and buying... Never actually payed close attention. So 1-1.2 pips is the round trip at Oanda? I primarily trade the /ES so I thought the spread worked the same way ...

Understanding Your Handicap

My threads involving statistics and math scare everyone away? LoL... Anyway... Here is a more complex scenario... What is the odds handicap of a trade with a 20 pip target and 10 pip stop? Lets just solve each part of this problem separately and ...

Understanding Your Handicap

A good trader can achieve a 98% win rate through fifty trades with equal target/stop ratio. I have done it and lots of people on here probably have their great streaks. A system having this kind of win rate? Not going to happen... Win rate isn't ...

Probability in forex a 100% edge signal?

I'm not looking to buy the EUR/USD until past US market open. If the euro drifts downward into US open like expected there will be a bit of de-risking/positioning done by US firms to push it down a bit more. Just because everyone here is awake and ...

EURUSD

Guys... Stop paying attention to the news... Hourly engulfing reversal 4AM EST. Double engulfing reversal 5AM, and Ka-BOOM! It was over... Woohooo!!! What a night! Waited around hour after hour after hour for that move. Closed out on the second ...

EURUSD

Just trying to show you guys what is wrong with most peoples ideas of technical analysis... Crossovers, signals, etc etc... It's all crap. You need to get down and start analyzing the data like an accountant. How long do candle trends last on ...

Technical Analysis Fallacy

Here is what happened... I was glancing at the 120-240m expecting a higher low... Watching the hourly going toward the EU open trying to spot where the runup was going to begin. I had my numbers all planned out for playing a 10 pip/hour steady ...

Technical Analysis Fallacy

Numbers are looking good tonight so far. I'm in sync with the market. Most likely because I am not really expecting anything and just following the numbers. The other day I had a set plan and it fell apart... Even though the market didn't follow my ...

Technical Analysis Fallacy

I like having an exact handle on things when placing large positions. I only like to monitor the last month of data as the market changes slightly over time. Key things I like to analyze are the behavior of 5m and 10m trends within 120m-240m ...

Technical Analysis Fallacy

I'm kinda bored right now... Not worthwhile doing any exact calculations because the market is so slow. Once EU session opens ill be real focused and get some coffee in me. Not even bothering to measure projections or anything. This type of trading ...

Technical Analysis Fallacy