The only thread you will ever need: FX Exposed!

And this is why the market goes sideways 70-80% of the time and only trends 20% of the time....also I want to include a link to an interesting video about who really controls all of this.

Nice Chazinator.

"These greens can be New Longs but also Closed long stops, right?"


no, green bars in first histogram = currently open Dm longies

second histo = Dm longies that were in (now out)


I hope that helps.

FF

Niceee, too bad i missed the second moves down.... great setups.

BEAUTIFUL.

"Niceee, too bad i missed the second moves down.... great setups."

No worries JP, plenty of opportunities will still come.

;-)

FF

This is what I meant by indicators being effective in the right context/timing of the market. It doesn't give the "why" that FF is so adequately and very clearly demonstrating...BUT as I said in an earlier post, "It takes an algo to discover an algo..." or something along those lines. See the chart below.

Thanks!

Yeah, the trade of a lifetime comes several times a week...you can quote me on that one...it's one of the few things that are original...lol

Did you guys realize that "vwap" is "redoktober"?

;-)

DEFEATED TROLLS tend to come back with different names.

FF

In general all trolls which have to hide something will have more accounts.
What they don't have is a healthy money account, they blew that already years ago

http://pages.oanda.com/rs/686-YQF-62...rticle3-v1.pdf

First let me say thanks to the author who is clearly a refined scholar of some considerable education. I appreciated your posts about Mandelbrot, who is one of the great geniuses of our age, but we may not truly understand the importance of his work for another century or more. Much like Karl Popper, who is criminally obscure. Mandelbrot's work on the initiator and the generator in 'Misbehavior' is the basis for my own system. I will also read Cowles with interest. Thank you.

I finally made it to the end of this exhausting thread and was going to offer the notes I've made based on the 'meat' of FF's teachings, here and on YouTube, minus the drama and the romance between Red and FF, but then I saw how poor Zeac14 was treated, methinks the lady doth protest too much, and so all I can offer are a suggestion to other members and some questions.

Forexfactory Members,
If you consider yourself a trader you should have at least the most basic understanding of game theory. Recall FF's repeated references to the Prisoner's Dilemma. Let me introduce you to Pascal's Wager.

You see, either God exists or he doesn't. The cost of believing in him is very small, and so you sacrifice almost nothing if he does exist and you reap an eternal reward. If he doesn't exist you get no benefit but also no drawback when you die. The logical course of action therefore, is to believe in God.

Now consider FractalFreak. Obviously I'm not suggesting he is a deity, but he is posting an impressive sequence of correctly called trades. If you aren't sure whether he's the real deal or not, the logical course of action is to at least appear civil so as to confer any possible benefits that may accrue in the future, even if those amount to nothing, because it costs you nothing (to lurk quietly at least). However to waffle back and forth, and lob accusations, only serves to turn a 44 page thread into a 216 page thread.

If you can't control yourself on an internet forum how will you possibly control yourself while trading? If FF turns out to be a scammer that will make itself clear in due time and that will be the time to strike, not now.

Maestro,

1. Why can't we use Oanda data as suggested by Hilmy? Is it because the SM algos use dark pools that are mostly responsible for moving price and that doesn't show up on retail data?
2. Your NU trade was impressive but ultimately disappointing when you see what price did at the end of the day yesterday. Why did you move your stop - what are your rules for placing TPs?
3. If we cannot trade the fundamental causes (because of lack of data, or IT resources) is it possible to trade the effects? What I mean is, the SM algos vary their tactics but they have a limited repertoire, and over enough time, the law of large numbers will take over. That means there must be cyclical effects at work that we can use to anticipate reactions. Are you familiar with the work of J.M. Hurst?
   
   I applaud your stated of goal of bringing some measure of democracy to the DM peasants, if that is your goal, although it will be a long road.

That Pascal Wager is a horrible argument to use.. oh wait he meant follow to his religion but what makes his argument valid over

According to some estimates, there are roughly 4,200 religions in the world. The word religion is sometimes used interchangeably with "faith" or "belief system", but religion differs from private belief in that it has a public aspect.
List of religions and spiritual traditions - Wikipedia


If you want to learn market manipulation look up "Captain Jack" ( he came up with the pattern chazinator is posting) or Steve Mauro.

" Is it because the SM algos use dark pools that are mostly responsible for moving price and that doesn't show up on retail data?"

YES.

FF

"Are you familiar with the work of J.M. Hurst?"

Yes.

I made a study on it.
No conclusive results for these cycles.

FF

"I applaud your stated of goal of bringing some measure of democracy to the DM peasants"

Thx dear.

FF

Gold on h1:

came as expected.....no rocket science there....

;-)