my backtesting shows this ea to be unprofitable, it has long strings of winners but they're all very very tiny and just one or two losers wipe them all out. and when i tested it on a 5 min chart it has periods where it goes nearly a year without ...

i faded this area and booked profits at 1.3890. i hope you did the same as the price for a euro is freefalling and currently at 1.3773

I didnt bother reading the rest of the thread but i couldnt let this go unanswered. That statement is wrong. The odds are 50/50. there are four possible outcomes You go long and are right. You go long and are wrong. You go short and are right. You ...

stolen from wikipedia. chaos theory describes the behavior of certain nonlinear dynamical systems that may exhibit dynamics that are highly sensitive to initial conditions (popularly referred to as the butterfly effect). As a result of this ...

what i'm seeing is that most of the disagreements in this thread stem from people applying concepts differently and to different times in the trading flow. for example, some are saying that you cannot predict a humans response to stimuli and ...

this is what i had intended people to see in my previous post. that just because you do not know the answer to something does not mean that it cannot be known.

you're linking two unrelated concepts, randomness and predictability. if something is not predictable that does not mean it is random, it is necessary, but not sufficient.

this post isnt so much to contribute to discussion of price action methods but i feel compelled to boast of, brag about or otherwise praise the methods in this thread. i'm in my third month of demoing price action techniques, first month i was down ...

i dont know about anyone else but i've been unable to connect to the ibfx demo server for over 24 hours now. cost me about 300 pips off the top of some profitable positions that i SHOULD have been able to close grrr at least its demo pips

hehe, as of right now i'm up 1158 pips on this move woot, my first thousand pip move

i'll agree that price movement is not random in the sense that a fair coin is random or a set of dice, but calculated in the sense that each trade has to have its counterparty, and with no counter party price moves to a point at which the trade can ...

please correct me if i'm wrong but is this pretty much a relative value trade for currencies similar to what many hedge funds do with equities within an industry group or bond arbitrage?

i'm not sure if you're serious or not but if you are i dont understand how thats a fair measure of what i'm asking. could you explain farther? edit: i'm asking more on the basis of liquidity, not fair market value of a currency. how much slippage ...

i'm sorry but it seems to me that alot of what you're doing isnt worth much. when you have a gann grid or anything similar, fibs, what have you on a chart with an ATR of more than the average distance between so called "significant levels" then ...

what are everyones thoughts on that gbp/usd pin bar after the holiday weekend? i usually ignore weekends and still take signals formed on a friday but this one was thursday. however it was bound within a tight range and on a holiday makes me thing ...

what if the position i'm taking requires a stop at recent support on a weekly chart that is 1500 pips away? 1500 pip stop with 8 micro lots is significantly more than 2% risk on a 4k account. you must take both into account when determining what ...

the amount of lots is irrelavent, its abritrary and has no effect on your trade. the smallest position size is whats relavent, no matter what name you give it. also, you should never be trading only 1 of the smallest unit your account will allow. if ...