This is what a day of DIBS style trading can look like The crucial point is the hot hand

Fun fact, if you open up a chart of a pair where both currencies are equally strengthening/weakening than you will see nothing but consolidation whipsaw.

I once created an unweighted index for each of the 8 currencies. Everything was fine until I decided to index the indexes...... Now I thought that I messed up with the formulas, however after double checking what came upon my eyes was the literal ...

I`m just getting in to the fundamental analysis, but here is my contribution a few minutes ago I saw that for some reason AUD and NZD dropped heavy to USD. Remembering that their economies are somewhat related, I went to research the reasons. Turns ...

I don`t usually post here, but since im bored... Waiting to jump in to the weakness of USD after the minor correction ends. USD shows weakness all over the majors. The upcoming soon report of Building Permits in USA might weaken the dollar even ...

Here are examples of what can be and is often calculated from ohlc & date : url

Question is why are OHLC prices still used even today in : modern terminals such as bloomberg, stock exchange floor boards, financial news quotes ?

Some pro traders use a negative risk reward. Example: Stop Loss - 90 pips , Take Profit - 30 pips. How they deal with black swans I`m interested myself. I guess the high win hitrate simply pays of for once in a while loses.

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The main fuck up in trading education happened back when the first digital trading tools were introduced in 1979 mainly the CompuTrac by Tim Slater. They needed to sell the tools. Now the selling is sucesful when it solves a need. The need was "to ...

Buy LOW, sell HIGH. or Buy HIGH, sell LOW. In the content of the OHLC of the D1 candle for example.

The point is : The micro congestion is a "bifurcation point" ( A point in parameter space where one can expect to see a change in the qualitative behaviour of a system—e.g., loss of stability of a solution or the emergence of a new solution with ...

Sorry just saw your reply now, what I mean by micro congestion is = 1 bar engulfing more than 2-3 bars. Imagine a triangle pattern made only out of 5 bars. Now it is a good idea to plan the entry in advance. Provided that we are in an up trend, and ...

This made me spill my tea xD

That is a 30 m.a. (sometimes i use a lwma or ema). The 30 is not random, 5 days * 24 hours = 120 hours. 120 hours / 4 hours = 30 bars. Simply put I have a rolling media of the weekly. As for entries provided that the angle of the trend line implies ...

Or the new alternative gurus simply arrived, either way I don`t exactly understand the turn over of gurus and followers. Either the followers jump from one guru to each other, or they give up after their initial guru leaves

Personally I have rules : 1. Identify the trend 2. Identify the median of that trend 3. Identify the range around that median where the market is considered to be in a range I`m sure you heard and seen trending periods, and ranging periods. The ...

I think the whole overbought/oversold thing not being logical is a result of : a) traders collecting quotes and passing them to each other, without even trying to understand them b) translation c) the trading educators leveraging on the problems ...