I am talking about index cfds (not individual stocks). To name a few SP500 DAX NASDAQ DOW Metals (cfds only) FTSE CFDs:::::::::::::: You can follow the quotes on other sources on the web easily. Very hard to spike on purpose (like some brokers do). ...

Random Walk (The unbeatable!)

You're always welcomed... Have a good one...

Random Walk (The unbeatable!)

One more important point aaven. In my personal view trading forex is the hardest of all. The pairs are all interconnected to one another. If 1 moves, connected ones have to move. So you do analysis on 1 pair, but the movement of another pair totally ...

Random Walk (The unbeatable!)

Hello aaven, Welcome for the analysis of the trade. It was just a sample of one way the levels have to be used. I am sure you can probably find hundreds more... Since we are concentrating on the current day, finding the trend does not depend on time ...

Random Walk (The unbeatable!)

I will have to agree with all your statements. What you are saying is so true and very unfortunate for those who don't want to understand...Chasing a dream or utopia that will never happen unless you work very hard at it.... Good Luck, my friend..... ...

Random Walk (The unbeatable!)

Can you post a chart please?

Random Walk (The unbeatable!)

Thank you for the good wishes and honest view. Exactly like you said this is not a "system", this is a statistically proven tool. Just like any other tool. It is up to the trader to use it the way he or she likes to make use of it.

Random Walk (The unbeatable!)

Here is a trade I took today. By the way I only trade futures, with a futures broker. I also use MT4 for technical analysis and coding of indicators. We were only 40 minutes into the live trading session of emini sp500. The priceaction already hit ...

Random Walk (The unbeatable!)

Very correct too. Thats why, in earlier posts I recommended to watch 5 minute charts and wait for the price action to hesitate on the entry level, get the feel of the market then enter.. Good Luck...

Random Walk (The unbeatable!)

Hi Rammstein, That is a very correct statement. If you suspect a big trend is happening you can always enter at 61.8 (38.2), or even at 50 (open). It depends on your view on the trend. I have set hard rules in the beginning for the new traders, for ...

Random Walk (The unbeatable!)

Thanks for you positive comments. I love the "tame the drunken sailor".. Very creative... Unfortunately what you say is true for the time being. Every time you change the pair, it is better to refresh... Good luck..

Random Walk (The unbeatable!)

Yes, that is exactly right, but you should add few pips as a buffer. Long stops few pips below D1Sup0, short stops few pips above D1Res0.. Good Luck...

Random Walk (The unbeatable!)

No problem, you're welcome... The random walk is said to be unbeatable, in trading. Which means there is no way to find an edge or make money when the prices follow random walk. That is why I put "The unbeatable" in brackets because that is the ...

Random Walk (The unbeatable!)

Here are the answers to your questions within my capabilities: 1. You double click the Fibo tool on chart, right click on it to see the Fibo properties and add 78 as a new level. 2. I couldn't understand the question, pls clarify.. 3. Depending how ...

Random Walk (The unbeatable!)

Thank you for your positive comments. You really don't have to trade the 5 minute TF, these levels are just calculated on 5 minute TF thats all. You can use any time frame you like, as long as you know these levels. Also youcan use the weekly levels ...

Random Walk (The unbeatable!)

Great! Good Luck...

Random Walk (The unbeatable!)

Glad to hear that it fits your trading style. Keep it up FireFries... Good Luck...

Random Walk (The unbeatable!)

Signıficant ZScores are 1, 1.645, 1.96, 2.58 So the volatility is multiplied by these numbers in order to arrive at the levels.. You should look up ZScores in wikipedia. They have a deeper explanation with pic samples. Hope this helps.. Good Luck.... ...

Random Walk (The unbeatable!)

Standard deviation would be the sqrt(288) * close differences. You multiply this value with relevant ZScores... The differences of 5 minute bars are calculated for a length of 1400 bars (1 week) not 1 day to get a smoother picture.

Random Walk (The unbeatable!)

Well for the explanation you have to search the web. It is a statistical term dealing with Normal Distribution. Would take so long to explain it. Good Luck...

Random Walk (The unbeatable!)