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- 118 Results (13 Threads , 105 Replies )
- FXAssassin replied Nov 16, 2012
There is no holy grail. There are strategies that work. There are even strategies that work consistently and produce big profits. There are no strategies that work consistently and produce big profits without any significant drawdown that must be ...
- FXAssassin replied Nov 14, 2012
Alright....so after all that, let's get to the BIG question. How do we make money from the whole thing so that while everyone else is in the grips of despair, the few of us that are initiated into this whole Forex thing can cash in while blood is in ...
- FXAssassin replied Nov 13, 2012
I'm really surprised that any EA can work to be honest. The big arbitrage algos that the big boys use to skim little bits of profit which is a "sure thing" make sense....but EAs on MT4? I think there is a real disconnect in people's minds. They ...
- FXAssassin replied Nov 13, 2012
Liquidity would definitely become and issue if you're taking on large positions with tight stops and small take profits. Remember, those "trillions and trillions" types of figures that people toss around in discussion are mostly due to speculators ...
- FXAssassin replied Nov 12, 2012
Just wanted to let everyone know that I'm in the process of opening an account with FinFX right now. Got a big surprise, though, as the welcome email informed me that I would need to provide a scan of my passport as proof of ID. I contacted the live ...
- FXAssassin replied Nov 12, 2012
On the other side of the argument....the liquidity issue really only becomes significant at lower risk/take-profit levels. Alternatively, this problem can be considered a "high volume" problem. For example. If you are managing $12M and you are ...
- FXAssassin replied Nov 7, 2012
It seems to me that sharing a successful system would kill it because of liquidity at a point of time. Again, assuming a system is successful, then it would throw the same entry and exit signals for everyone trading it. The problem is that these ...
- FXAssassin replied Oct 29, 2012
Thank God for unregulated brokers like FinFX who tell the U.S. to pound sand because the U.S. isn't the world forex police...even though it wants to be. The U.S. government decides to put leverage restrictions in place which derail systems which ...
- FXAssassin replied Oct 29, 2012
I agree with this. See, there's this part of me that thinks that the majority of people who struggle for 3 years and have to put in 10,000 hours of screen time and what-not do that because they simply don't pick a system and trade it regardless of ...
- FXAssassin replied Oct 25, 2012
Looking at the graph on the first page though, you have to wonder what type of pre-2012 days. As I said before, 2008 throuhDec of 2011 had lost of price movement. Before that though? Look at that long, long line of low volatility just like what ...
- FXAssassin replied Oct 25, 2012
Nate...so what that graph is saying is that the lower volatility is the norm and the last few years have been the exception? That just sucks.
- FXAssassin replied Oct 24, 2012
You're joking right? Pull up any dollar-matched pair on the daily charts. Look at behavior before the new year....then look at what happened after the new year. Last year (last FEW years in fact) it was pretty clear that more than 50% of the trading ...
- Seriously... Is the lack of activity due to the US Election?
Is the lack of price movement on the big Dollar-matched pairs primarily due to the election? I've ...
- FXAssassin replied Oct 13, 2012
Maybe 25% of those who are making money are making a mill?
- FXAssassin replied Oct 12, 2012
I recently explained why people need access to higher leverage, but I'll do so again. My own system trades on intraday M5 and M15 charts. It utilizes a S/L anywhere from 6 pips to 12 pips. For our example, we'll use 10 pips to make the numbers easy. ...
- FXAssassin replied Oct 11, 2012
This is only semi-true. It depends on your strategy. Specifically, it depends on what your stop loss is. For example, if you had a $1000 account and you wanted use a 5-pip stoploss on the EUR/USD pair and "press" your 2% risk ($20) into that ...
- FXAssassin replied Oct 9, 2012
Give deeper thought to what you're saying here. You've compared using as corollary to a more traditional business taking on a line of credit. Then you indicate that someone who takes on that line of credit should actually use all of it. I don't know ...
- FXAssassin replied Oct 7, 2012
Actually, the statistical probability says that if you have a 70% win ratio system, then the max number of sequential losses would be 9 ... not 15. The problem comes in when the market is "out of sync" with your system and you hit 9 losses in a row, ...
- FXAssassin replied Oct 7, 2012
I don't know if you've got this resolved already, but I recently used this tutorial in order to download tick data: url And then used this one to convert it for use: url Then used this one for the backtesting: url
- FXAssassin replied Oct 5, 2012
When (not if) the One World Government arises...there will no longer be any need for a currency market. That will be the least of your worries though. It's probably the case that the only thing which will cause people to panic enough to embrace such ...