Hi scoobs. The Greek government screwed their people really badly. The rich greeks don't pay taxes and screw their government. The result is obvious, riots from people who are shit on. Iceland, though not as bad a problem as Greece, devalued and is ...

Think about this. If it had been a junior trader, say some French or African guy in a sweater, he would be arrested and criminally charged. The MF Global blowup came straight from the top, the intentional policy of the CEO, ex Goldman partner, NJ ...

Wonderful. Can you give any hints about ways to algorithmically define support/resistance? And do you trade a reversion "back" to a support/resistance area? or breakout?

Yes. The people who will win at this are the ones who are friends with the managing directors at Credit Suisse & UBS, who in turn have friends and relatives who work for the Swiss National Bank. George Soros won in the early 1990's because he could ...

You're describing two different things. The second is true (sort of). It is a known fact that in markets volatility is clustered, and the *magnitude* of changes is correlated with the magnitude of changes previously. It does not mean the direction ...

well, there are * all the people from the early-mid 90's who got on to equity statistical arbitrage * IKOS funds * Jim Simons & Renaissance. Of course we don't know if anything is "TA" alone, but they are all highly quantitative & systematic.

What is an example of a system which is mechanical and relies on "probabilities" rather than lagging indicators? What is the distinction?

Power law distributions & time correlations mean that not all increments are independent, identically distributed. So, some of the time, there have to be trends (tradable) or punctuated gaps (not tradable). Also currencies are not an isolated ...

10 Period SMA of anything, slope — A mathematical fact: If you look at a say 10 period SMA and then see if it is going up (as in higher now this period than on previous period), that is exactly equivalent to looking whether the market is ...

In portfolio management 1+1 is upper bounded by sqrt(2).

Benefits? a) keeps clever psychopaths from finding new and more dangerous ways to scam or kill people. b) ....

Is this still working? I had sort of given up (no time really) and started looking into Phantom 6. W.r.t. Beauty I thought that I needed to speed up the decaying take profit as a bad trend could result in long-term losses. Anyway attached is my ...

What is "up" vs "down"? Or long or short? You have to decide for each currency. In equities "up" is pro-risk and down is against-risk. Fear hits faster than greed, so down fluctuations are sharper. If you have a pair which has one pro-risk ...

Why is your correlation matrix "dirty"? What is going into it, and how do you intend to use it?

I don't think this is going to be particularly profitable (on its own) for financial time series. The references described involve prediction of chaotic dynamical systems---which, in practice, means an assumption that they are the result of ...

This can happen if your MT instance loses connection with the quote server. Look in your "Market Watch" box. Is the time updating, and consistent with real time? If not, then rescan servers (click on lower right numbers).

Minor bug fix in CountOpenTrades — Hi, I have a little bugfix. I was getting the error message where da beast was trying to OrderModify an already existing trade. It kept on trying to do this stupid thing and filled up the log. Silly moron ...

I only changed the start time computation and the "obvious" bug in the send order. So, if it placed the trades at the correct time, then it did what I intended. If there are other bugs, I don't know. As a matter of programming strategy might it be ...

Upon further reflection, it seems that the correct time zone is to use Tokyo if you are trading GBPJPY, and London if you are trading GBPUSD.