Disliked{quote} I explained that in my last post. Central banks are the most important element in the forex.Ignored
Is forex education misleading or everyone is stupid?
Ok... this isn't going to be a question or an opinion on forex education, gurus, market randomness or all other discussions that have been led on this thread. This one is about capital traders strategy (or, should I say, a series of questions): 1. Is your premise that forex market is random walk? 2. How do Hidden Markov chains fit in your strategy? 3. Are you using fractal Brownian motion? 3. Do you calculate Hurst exponent? Thanks.
I like you! And you just made my day.
Didn't see your post for a minute, don't how I missed it. Hectic day in the forum business office
1. Shiiiii... Random word is not liked very much around here, but the answer to your question is YES!
2. YES!
3 No
but thanks to you, this will be my new fixation from now on
4.No.
I'm busy writing an article explainng every math I did trying to solve this problem. I'm trying to publish this article on mql5, but since they're paying for publishing articles there, I have to follow their requirements on how to write the article. It's my first writing so it has taken a minute. But I sure will complete it. Check my profile now then there by mql5.
Thank you for making my day
- #1,043
- Feb 8, 2022 10:49am Feb 8, 2022 10:49am
- Joined May 2009 | Status: Trader | 3,730 Posts
{quote} Did you know that forex market is a free market? Nothing complicated really, it's just like any other market where people come together to exchange things you know.
People like the Central Banks!Are also just like any other participants, such as banks and hedge funds, you knowjust bunch of guys coming together to exchange currencies
Regulation here and there, mainly for maintaining ability to fulfill contracts, e.g in order to be able to make this much orders, you must be this big or have this much capital. And regulate unfair...
Your second comment is a serious indication that you do not understand the forex.
And I have no idea what you are trying to say in the third grouping above. The comment regarding investment market is stunningly wrong (tell that to anyone who holds a currency option, has set up a currency swap, etc (I suppose the same could be said about all markets. The DOW or S&P are not investment markets, but buying or selling something on them involves investments). I don't think anyone has suggested that the forex is a banker's playground. And finally, market structure is difficult for most traders to get their heads around, so I understand why you don't know anything about it.
You've stated in this thread that you have done a lot of research about the forex. The comments and statements you've made here show that you have a few gaps in your education. Best of luck.
{quote} I did not infer that the banks' business is to just manipulate. I can't control what you imply, but that is incorrect. As for who the big boys are in the forex, banks are, indeed the big boys in day-to-day operations, but the gods of the forex remain the central banks. Central banks control the structure of the forex market (they must answer to political figures in their country, but they are basically the gods of the forex). Big banks absolutely operate within the law, and if the rare situation where they don't (or get caught), they pay...
Between Central Bank's open market operations and QE, where is this market structure?
{quote} Your first comment lacks relevance. Your second comment is a serious indication that you do not understand the forex. And I have no idea what you are trying to say in the third grouping above. The comment regarding investment market is stunningly wrong (tell that to anyone who holds a currency option, has set up a currency swap, etc (I suppose the same could be said about all markets. The DOW or S&P are not investment markets, but buying or selling something on them involves investments). I don't think anyone has suggested that the forex...
Well my research told me that Currency options are part of spot on the forex market. Currency options are just another part of trading that's going on in this big big market.
I don't understand why this part of the whole market will explain why I'm wrong saying forex market is not for investing but to provide a service
{quote} They can still find it with a search term -- no different than now. Binning will save you and others from wasting time posting in a thread where the OP doesn't give a shit and is just using people to satisfy an urge to spout off.
Anyway okay. I'll think about it, Thanks
- #1,055
- Feb 8, 2022 11:54am Feb 8, 2022 11:54am
{quote} I still don't understand how people are being used
rogerha was right about the strain your neck and shoulders must be under. It would be an honor to be included in your list of Ignores. I'd be in good company...
{quote} Are you just speaking of chart patterns, or do charts in general have no value? I mean it seems that almost every method of analysis has been nullified on FF. What is left?
NO.
Do they have any value at all?
Yes they do. We can use them to see currency performance in the market and use it to analyse countries economies.
Stock market charts are moved by the buying and selling between traders. Traders see patterns on the charts and buy or heard rumours that Elon musk is smoking weed...but people buying and selling are behind the charts.
Forex market on the other hand....
It's too complicated.A company exchange this much currency for this currency so that currency must be adjusted because of this company's transaction at the same time another company did the opposite of that transaction...and so on.
Mind you, non of these companies or transaction happened because some support level or patterns were spotted on the chart. It just happened as needed at that particular time.
{quote} When the OP says he'd be happy to see the thread die because it serves no purpose, then you've wasted everyone's time. This is the first time I've read an OP admit he started a thread that served no purpose. How self-centered and selfish... rogerha was right about the strain your neck and shoulders must be under. It would be an honor to be included in your list of Ignores. I'd be in good company...
I meant it never accomplished it's intended purpose.
But Okay there good sir your wish is my command
{quote} Hey there person with a weird name
well, it all cause and effect. too much falafel an you get fluffy...
now seroius question:
which parameters do you use for hidden Markov chains and how do you solve the matrix? I tried many different combinations with closing price and bid/ask uptick/downtick but I get results I cannot really explain...
Thanks.
- #1,059
- Feb 8, 2022 12:17pm Feb 8, 2022 12:17pm
{quote}
{quote} about my name... well, it all cause and effect. too much falafel an you get fluffy...