DislikedNow that is really the most ridiculous post of the day, there are no 3 hour 23 minute charts and there are no 15 hour 48 minute charts.Ignored
Credible brokers? 31 replies
What makes a track record credible for Trading Firms? 0 replies
any credible broker with credit/card deposit in euro? 4 replies
DislikedNow that is funny. I think its whats known as "comic irony"
Perhaps you should do a little reasearch, oh I forgot, guy's like you dont read books, or undertake research.Ignored
DislikedI can't really make any sense of your chart, but thanks.. As far as much SL being soft, and my lack of confidence. .and paranoia... You sound like my therapist now
try and figure this one out.. only trade I made today.....Ignored
DislikedI can't really make any sense of your chart, but thanks.. As far as much SL being soft, and my lack of confidence. .and paranoia... You sound like my therapist nowIgnored
Disliked@wwwin
For what it's worth I don't think your comments show ignorance even though I disagree with you. I think this is a classic example of our different interpretations of the market, and part of what makes trading so fantastic. It's clear for anyone to see, who can be bothered to look, that it's more than possible to make money in the market with just about any strategy you care to believe in.
My trouble in believing in the mainstream understanding of technical analysis as you have described of crowd mentality and self fulfilling prophecy,...Ignored
DislikedThats a point thats often made, but really its a ridiculous argument.
You can form any candle pattern you like simply by altering where you want the bar to begin and end in time. In the extreme, you could argue something such as "there's a perfect pin bar formed on the 3 hour, 23 minute chart", or the 15 hour 48 minute chart, or any other arbitary time period from which you want to make up your charts.
By the same argument, you can always find a set of parameters for any indicator, in some timeframe that appears to work for a given trade...Ignored
DislikedI don't see how you are going to backtest something that is as dynamic as FX to find certainty going forward.Ignored
DislikedOK, but you have posted that fundamentals is what matters not TA, so how are you going to incorporate fundamentals into the backtest? I appears that if your theory is that TA does not work, then under that assumption backtesting is meaningless.Ignored
DislikedWoah, I never made any such claims (I'm a technical trader). Where are you getting this from? All I did was agree with others on the skepticism of pin bars having a positive edge.
edit - And I'm not going to join in a discussion on the merits of back/forward testing (and you seem to have dropped the "forward" part). If it's not for you, that's fine by me.Ignored