Disliked
*** Sorry for the rant but I just got back from Avatar and i was badly disappointed, CG was great but the story & plot was garbage of the worst kind!** ** Dances with wolves in space!**Ignored
- #342
- Jan 9, 2010 9:11am Jan 9, 2010 9:11am
...
You evidently didn't catch my idea, being too fast to draw conclusions without understanding what I have to say. I'm not looking for the holy grail here, I challenged the other to show an indicator which used day by day will show a loss in pips which is bigger than the loss due to spread.
For example, this EMA crossing is so bad, you'll lose at least 200 pips a month if you follow it.
If there's no such thing, what is the point of this discussion?
- #344
- Jan 9, 2010 11:08pm Jan 9, 2010 11:08pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
- #345
- Jan 9, 2010 11:17pm Jan 9, 2010 11:17pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
Sorry that you didn't like Avatar, the story is of course trivial but the effects worth the money.
You evidently didn't catch my idea, being too fast to draw conclusions without understanding what I have to say. I'm not looking for the holy grail here, I challenged the other to show an indicator which used day by day will show a loss in pips which is bigger than the loss due to spread.
For example, this EMA crossing is so bad, you'll lose at least 200 pips a month if you follow it.
If there's no such thing, what is the point of this discussion?...
- #346
- Jan 9, 2010 11:25pm Jan 9, 2010 11:25pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
- #348
- Jan 11, 2010 6:14pm Jan 11, 2010 6:14pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
- #349
- Jan 13, 2010 4:29am Jan 13, 2010 4:29am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
yeh man please do, look forward to hearing what it's like.
- #350
- Jan 14, 2010 6:07am Jan 14, 2010 6:07am
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
Yesterday at late evening I have put 3D glasses on as the lights in the theatre went out. Took them off 3 hours later and felt that I still would like to see more. 10/10. Left me and my homeboys screaming for more. It's just beautiful, like in a real perfect dreamland lol. Definetly a piece of art and highly recommended. I think you should try once more only the 3D version
Many pips to you man...........
Is this thread still live? What happen to the thread starter?
my 0.02
Indicators will fail you if you depend on the indicator 100% without looking at the PA. I trade on PA and use only MACD and curencey meter to see the direction of the trend.
Indicators are guide to me, like some one compared to a trafic light before. Think about your local weather reporter he would use years of weather data and use his tools to predict the weather is he right all the time? regardless if he is right or wrong you become prepared for the condition he may predict for that day will helps you anyway. Like the weather man's prediction we also predict with past data with the forex indicators but we dont depend 100% as its past data not future data. You need to use the indicators as a guide and trade with the current market condition by looking at the PA and keeping in mind anything can happen.
If you develope your own system with a edge (this could be with or without indicators) and with a good money managment and the most importent is trading psychology you will reach your goal
I dont agree with some here think brokers or any one on the other side of your computer hunting for your stop's. I have compared 3 differant brokers at the same time I did not see more than 5-30 pips of discrepancy between the brokers only time it got worse during the news announcement times, now this could be some are ECN brokers and some are buket shop brokers but after 15-30 munits from news they get back to same price level.
Think about this Forex is the bigest market in the world over $3 trillion turnover per day manuplating this size market will not be easy for anyone except Central Bank. Only thing I know of is Central Bank Intervention they adjust the currency to keep there currency stable and they have a reason for them to do to keep the economey smooth and many other unknown reasons and when they adjust you can see it clearly price move 100 to 300pips within 3-5 minutes in one direction. This is why money managment and stop lose is so importent to protect you. PA or any indicator will not help at this point.
Here is some info about forex you can read your self http://en.wikipedia.org/wiki/Foreign_exchange_market
Good luck with all your forex trading.
my 0.02
Indicators will fail you if you depend on the indicator 100% without looking at the PA. I trade on PA and use only MACD and curencey meter to see the direction of the trend.
Indicators are guide to me, like some one compared to a trafic light before. Think about your local weather reporter he would use years of weather data and use his tools to predict the weather is he right all the time? regardless if he is right or wrong you become prepared for the condition he may predict for that day will helps you anyway. Like the weather man's prediction we also predict with past data with the forex indicators but we dont depend 100% as its past data not future data. You need to use the indicators as a guide and trade with the current market condition by looking at the PA and keeping in mind anything can happen.
If you develope your own system with a edge (this could be with or without indicators) and with a good money managment and the most importent is trading psychology you will reach your goal
I dont agree with some here think brokers or any one on the other side of your computer hunting for your stop's. I have compared 3 differant brokers at the same time I did not see more than 5-30 pips of discrepancy between the brokers only time it got worse during the news announcement times, now this could be some are ECN brokers and some are buket shop brokers but after 15-30 munits from news they get back to same price level.
Think about this Forex is the bigest market in the world over $3 trillion turnover per day manuplating this size market will not be easy for anyone except Central Bank. Only thing I know of is Central Bank Intervention they adjust the currency to keep there currency stable and they have a reason for them to do to keep the economey smooth and many other unknown reasons and when they adjust you can see it clearly price move 100 to 300pips within 3-5 minutes in one direction. This is why money managment and stop lose is so importent to protect you. PA or any indicator will not help at this point.
Here is some info about forex you can read your self http://en.wikipedia.org/wiki/Foreign_exchange_market
Good luck with all your forex trading.