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- Miguel76 replied Sep 18, 2020
Greetings - Couldn't help but chime in. There is nothing special about this system that would provide any kind of edge long term...in fact, you will find no such system here. Nobody here will be able to prove with any significant level of confidence ...
- Miguel76 replied Oct 25, 2006
Mikejody, I dont have any problems with the strategy nor with the fact that you cant watch it all day and night. However do not say that statistical probability strategies work as well as any other trading strategy. Maybe as well as any other ...
- Miguel76 replied Oct 24, 2006
I too like to trade in the direction of positive interest rollover
- Miguel76 replied Oct 24, 2006
Rsi — I like a simple RSI14. For me I have made alot of money in forex alone just using Positive and negative reversals on the 4 hour charts to signal trend continuation and divergence for possible reversals. I also use them to determine trend ...
- Miguel76 replied Oct 24, 2006
What is even more interesting about this at first glance is that it would seem as though the 30% of the time that it isn't contained Occurs consecutively, as does the 70%. What I mean by this is that ATR seems to trend and oscillate as Price does, ...
- Miguel76 replied Oct 24, 2006
good point - 3years of hourly data is roughly equivalent to 80 years of daily data
- Miguel76 replied Oct 24, 2006
This 65% - what does it refer to - the direction continuing? or does it refer to that price will move up 30 pips in your direction before moving thirty pips in the opposite direction. Does this 30 pips include the spread in these statistics? This ...
- Miguel76 replied Oct 24, 2006
be careful doing that. Not that you are wrong, but never be SURE, that kind of thinking is the downfall of many brilliant traders.
- Miguel76 replied Oct 24, 2006
Micardo, I understand that this entry is based on a 2 year historical perspective, but being so, does this entry figure get adjusted to keep this perspective updated? Having used this same logic, would it have worked for the two years prior? The ...
- Miguel76 replied Oct 24, 2006
Just a theoretical question - with such a simple system, do you really think that the market will allow you to get away with it? I have yet to see a simple mathematical system as such that can win in the long run. What makes this system any less ...
- Miguel76 replied Oct 24, 2006
We must be seeing the same thing. I better check again
- Miguel76 replied Oct 24, 2006
I too believe that the markets behave in a fractal manner, but please do not allow your erudition to cloud reality. The idea and existence of fractals in theory and reality is completely different from their practicality. When one states that any ...
- Miguel76 replied Oct 24, 2006
I have been bearish on this for a couple of days until now. I have already taken profits and am looking for it to reverse within todays timeframe. My projection is for the pair to reach a low of 1.8654 sometime between 1:00 and 5:00 ET. If it does ...
- Miguel76 replied Oct 23, 2006
Actually, I don't know why your comment was geared at me, not taking it personal, but as a response - EVERYTHING ON THIS PLANET IS FRACTAL. And weather or not most people know a supply or demand curve is irrelevant, nor have I known too many ...
- Miguel76 replied Oct 23, 2006
other than that, great advice on the latter part
- Miguel76 replied Oct 23, 2006
Nader, not to be critical, but if you dont think people should listen to opinions than dont give your own for them to follow, and if you do, explain a bit more thuroughly. Your premise is completely contradictory. While you ask people not to assume ...
- Miguel76 replied Oct 23, 2006
Sorry if this is sounds a bit primitive. I try not to over analyze, but rather see where the risks lie. Then I just position myself prior to the releases that could act as a catalyst. If it turns out right, I usually end up making a nice profit, if ...
- Miguel76 replied Oct 23, 2006
cable has shown some crazy downsigns since oct 3 and especially the retracement back up. News usually acts as the catalyst, watch on Wed when int rates get increased to 5.5!!! Even if don't, fed will signal upcoming increase and bam - research the ...
- Miguel76 replied Oct 20, 2006
Also, trading the daily and weekly frames can require a large bankroll. Vegas himself said that he shrugs off 100+ pip losses regularly. He has a lot of money, a lot of discipline, and a very good knowledge of price action. Do you have those things? ...
- Miguel76 replied Oct 20, 2006
And for all of those small scalpers, I dont buy it. The scalpers are the guys taking the other side of my trades and they need tons of capital and information to back them up. Where do you get all of your order flow info from, I would really love to ...