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  • #121
  • Nov 23, 2010 10:43pm Nov 23, 2010 10:43pm
Quoting Alihuzaifa
what is that mathemetical equation or tecnic?
Dude you are robbing me!
  • #122
  • Nov 23, 2010 10:43pm Nov 23, 2010 10:43pm
what is the sound of one hand clapping?

everyone who claims profitability says "trading is simple"... but simple by whose perspective? would a mentally challenged person be able to see this simplicity if it was pointed out to them i wonder.

i hate riddles. forex is a riddle.
Congratulations ScalaFX for coming out of the closet!
  • #123
  • Nov 23, 2010 10:48pm Nov 23, 2010 10:48pm
Quoting nubcake
what is the sound of one hand clapping?

everyone who claims profitability says "trading is simple"... but simple by whose perspective? would a mentally challenged person be able to see this simplicity if it was pointed out to them i wonder.

i hate riddles. forex is a riddle.
simple != easy.

E = mc^2 is simple, but it is not easy to discover it.
  • #124
  • Nov 24, 2010 3:53am Nov 24, 2010 3:53am
Quoting ForexQuant
Dude you are robbing me!
Don't disclose, otherwise E.T. will come to kidnap you. They have been monitioring all your communication devices, since the day you discovered this elegant equation. They will brainwash you until you forget everything if you try to disclose.

The day this elegant equaton is popularly known, there will be no more poor people on earth. They believe this will jeopardise their ruling of human civilization, and so they do everything to stop this equation getting popular.
  • #125
  • Edited 5:46am Nov 24, 2010 5:27am | Edited 5:46am
Quoting kk007
Don't disclose, otherwise E.T. will come to kidnap you. They have been monitioring all your communication devices, since the day you discovered this elegant equation. They will brainwash you until you forget everything if you try to disclose.

The day this elegant equaton is popularly known, there will be no more poor people on earth. They believe this will jeopardise their ruling of human civilization, and so they do everything to stop this equation getting popular.
That sounds sarcastic!

Anyway I do not believe that people who trade a quantitative model will publish the mathematical solution. So far I could not find anyone doing that in public forums. (please tell me if you do)

Why such mathematical solution is not meant to be shared among the public? Just imagine that you are among a few people who notice the option volatility smile behaviour while all other traders (and your broker too) still not aware of it. What will you do? You will happy to do the volatility arbitrage everyday and keep the secret to yourself only. However what if someone has publish the behaviour to the public? Do you think you still have such an easy and profitable opportunities? No way! No one is stupid enough to sell you such a risk free arbitrage opportunity without a premium!

Same with spot forex trading, Say if the current price is 1.4000 and you can prove that the expected price under certain condition will be 1.4010. If your broker also know about the expected price and its behaviour under this condition, do you think you can still bought it at current price 1.4000? Think about it.
  • #126
  • Edited 7:00am Nov 24, 2010 6:35am | Edited 7:00am
Just joking coz CP said someone stop him from telling. Sorry for any hard feeling.
Quoting ForexQuant
That sounds sarcastic!

Anyway I do not believe that people who trade a quantitative model will publish the mathematical solution. So far I could not find anyone doing that in public forums. (please tell me if you do)

Why such mathematical solution is not meant to be shared among the public? Just imagine that you are among a few people who notice the option volatility smile behaviour while all other traders (and your broker too) still not aware of it. What will you do? You will happy to do the volatility arbitrage everyday and keep...
  • #127
  • Nov 24, 2010 8:57pm Nov 24, 2010 8:57pm
CP has just requested to bin this thread. Perhaps, he now worries that the elegant equation being released by other thread visitor. Wise! The earth is now safe!
  • #128
  • Nov 24, 2010 10:25pm Nov 24, 2010 10:25pm
Quoting kk007
CP has just requested to bin this thread. Perhaps, he now worries that the elegant equation being released by other thread visitor. Wise! The earth is now safe!
well that's just balls
Congratulations ScalaFX for coming out of the closet!
  • #129
  • Nov 25, 2010 5:17am Nov 25, 2010 5:17am
Don't worry, be happy. Can't you feel CP's deep sense of humour when he said someone stop him from telling?

Quoting nubcake
well that's just balls
  • #130
  • Nov 25, 2010 8:37am Nov 25, 2010 8:37am
Quoting kk007
Don't worry, be happy. Can't you feel CP's deep sense of humour when he said someone stop him from telling?
The truth is out there
A woman drove me to drink, and I forgot to thank her
  • #131
  • Dec 26, 2010 12:53am Dec 26, 2010 12:53am
I suspect CP was using 60 mins MA and 240 mins MA as his hemispheres.
Anyone with me?
CP..would u mind teaching us your money management??
  • #132
  • Edited Jan 14, 2011 5:09am Jan 13, 2011 6:21pm | Edited Jan 14, 2011 5:09am
Nonsense!
  • #133
  • Jan 18, 2011 6:16pm Jan 18, 2011 6:16pm
The first five pages of this tread is the most inspirational and educative material for forex traders, not only in Forex Factory but also in the all web literature about trading.

Please CP, continue teaching us. Please CP.

Regards.
Dibanos
  • #134
  • Mar 8, 2011 11:40am Mar 8, 2011 11:40am
Does anyone know any brokers that offer tick charts?
  • #135
  • Mar 9, 2011 12:34pm Mar 9, 2011 12:34pm
Hello CP
I had the good fortune of finding this tread on forex factory four months ago.
All I can say is WOW , after trading for 4 years with little to no success it feels great to finally be on the right track , not only have I earned money in the last three months but I have also gained a great wealth of knowledge reading your thread over and over again. I sincerely thank you for helping me and other struggling traders , you truly are a kind soul for sharing . I "KNOW" I am on my way to becoming a professional trader.
All the best to you and in your trades.

Thank you very very much for your efford ,it is been real eye opener for me.

It is unbelievable, many thanks for your help!
Your knowledge and your help is the best I ever had since I trade Forex.

Best regards

Audrius
  • #136
  • Edited 8:35pm Apr 1, 2011 8:08pm | Edited 8:35pm
Quoting CrucialPoint
This is my number 1 and golden rule. The most important rule of my strategy and the backbone of my trading success: Trade only with the trend. It is unacceptable to break this no.1 rule. If I can't stick to this one important rule, then I am no different to the amateur/mediocre trader.

This is the fundamental rule of all; Trade only with the trend. If I can't execute one simple rule, then I am not a professional. It is that simple;
Quoting CrucialPoint

Let me be brutally honest with you for a moment:
"F*** all of your excuses. You don't have a working system. You are not disciplined. You don't see the edge with following the trend. You don't see the simplicity of a pullback. You don't know how to manage your trading money. A blown account or an account that doesn't grow only says one thing; you simply don't know how to trade."
Quoting CrucialPoint
Newton's law of motion should be the first technical thing you must learn about charts. This law applies to charts. The law of inertia.

Prices move... Movement is motion... You need to understand how things move, how the prices move... It moves according to Newton's Law of Motion....
Quoting CrucialPoint
This is one major turning point in my trading, a crucial point. I don't try to predict the market. Ironic as it may sound, I became profitable when I stopped predicting the market.

There is only one thing which is very important to me whenever I trade. And the first and only thing I ask myself, "Is it an uptrend or a downtrend?". Once I figure this out, I simply wait for my entry signals.
AND THEN..?
Quoting CrucialPoint



You see, what I have discovered was an elegant equation. The truth about price movement (not based on historical data) ........ I thought I was the first to discover it. Well, I've been informed and proven that I was not. There are a group who have discovered it long before I stumbled upon it.

Unfortunately, I've been told to shut my mouth and...

... well, let's leave it to that.
Trend. Pullback. Momentum. That's the secret formula. Very well done CP ;-) .. but I think moving this Treasure to the Bin doesn't stop occassional grail hunters from speculating of something else... I'm just wondering why. Maybe they never discover.

Btw it took me >3 years to figure (hopefully) the most of these sh*t!
:-anything
  • #137
  • Jul 31, 2011 11:25pm Jul 31, 2011 11:25pm
I read CP posts ...

The I reread it again and again ...

IMHO this thread should be a sticky
  • #138
  • Aug 8, 2011 5:21pm Aug 8, 2011 5:21pm
Attached Image (click to enlarge)
Click to Enlarge Name: insidethepot.png Size: 54 KB


To CrucialPoint :

Looking to attached chart "inside the pot", you describe how there was more sell or buy in the market during a candle when price is above or below the median line.

I have a different opinion : Take for instance the red 4 hour bar. How can there be more buy in the market during that candle when the close is lower than the open?

Shouldn't it be :
If the close is lower than the open then there are more sellers during that candle, regardless of the median line.
If the close is higher than the open then there are more buyers in the market during that candle.

Greetings Edja
  • #139
  • Apr 25, 2012 3:58pm Apr 25, 2012 3:58pm
spent over three hours reading this thead. I beliveve crucial point discovered order flow trading.He discoverd how price moves based on the limit orders and options barriers

I am currently researching this stuff and I hope to see the light.but i think its only a matter of time before the style stops working as many retailers discover it.this guys will have made millions by then.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #140
  • Dec 6, 2012 10:49pm Dec 6, 2012 10:49pm
I found this thread because I was curious about this CP guy and some other thread where he posted a little video about Pi. Since he's unreachable via pm or email, I'm just going to post here.

I'm not going to pretend I have a clue to what CP's discovery was but the parts where he said look at the open and close, trend is everything, price history is nothing, could you trade without a historical chart, etc. remind me of a system I developed about 10 years ago. My theory was that everything you needed to know is contained within a single price bar. The relationships between the OHLC tell everything you need to know about trend, trend strength, and expected range.

My system contained no charting whatsoever and was just a DDE feed and some calculations that showed nothing but the various relationships between the OHLC. If you add in a little bit of historic analysis to get the average trading ranges of the bar, you now have a pretty good idea on expected range and then you can work out better r/r in relation to the buy/sell zones. Do you now not have indications of trend, range, buy/sell zones, etc. without a historic chart? Below is a screen shot of my old excel system. Look at the date... hahaha. I was already 5 years into 4x by then, too. Damn I feel old now. I used to day trade the crap out of this thing. On average, I'd use a daily bar and get in 2-3 trades a day per pair. When I was feeling aggressive I'd drop to a 1h or 30 min. bar and go for 10-20 pips at a time. Just a matter of watching the ticks within the current price bar. No indicators. No historic charting.

http://content.screencast.com/users/...38d/udx0ad.gif
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