DislikedThat was a quick one. 70 cents a barrel. I think I should let u breathe now.. Time for mojito..Ignored
Cheers,
FX-Pro
- #1,344
- Oct 16, 2012 9:56am Oct 16, 2012 9:56am
Thx, bro, testing the setups in various fields and markets. Glad it works.. Excited about the PA/PAC potentials and the setups from your thread. Will try to stick to the basic ideas here. All critics are welcome!
One thing to think about for the future though..as someone has already mentioned in the past: once u discover a good system, u get a huge traction..well, sooner or later they incorporate ur idea into algos and u become fuel like everything else. Algos and HFTs make 90% of trades nowadays. That's one of the reasons the classic TA doesn't work anymore.
We should fine tune it together, to become applicable for multimarket and multipurpose use..even adjust it for every FX pair/commodity separately.. then we will have to move to private thread.
That's to think about for the future. I'm trying to help and we should all do.
It is a big challenge for those who want to participate.
What do you think?
Ciara
One thing to think about for the future though..as someone has already mentioned in the past: once u discover a good system, u get a huge traction..well, sooner or later they incorporate ur idea into algos and u become fuel like everything else. Algos and HFTs make 90% of trades nowadays. That's one of the reasons the classic TA doesn't work anymore.
We should fine tune it together, to become applicable for multimarket and multipurpose use..even adjust it for every FX pair/commodity separately.. then we will have to move to private thread.
That's to think about for the future. I'm trying to help and we should all do.
It is a big challenge for those who want to participate.
What do you think?
Ciara
These are called as touch trades, one of my preferred way of trading quick pips/money, but this thread is not the place to discuss... lets see in future...
Cheers,
FX-Pro
Ideas shape the course of history
- #1,348
- Oct 16, 2012 10:22am Oct 16, 2012 10:22am
Thx, bro, testing the setups in various fields and markets. Glad it works.. Excited about the PA/PAC potentials and the setups from your thread. Will try to stick to the basic ideas here. All critics are welcome!
One thing to think about for the future though..as someone has already mentioned in the past: once u discover a good system, u get a huge traction..well, sooner or later they incorporate ur idea into algos and u become fuel like everything else. Algos and HFTs make 90% of trades nowadays. That's one of the reasons the classic TA doesn't...
, but at times i see a lot of unwanted posts on the thread which disappoints me a lot, as you guys know that, i'm in a day job, i hardly find time to sit in front of my system, so practically it is not possible for me to be with you guys always, i depend on you guys to run the thread smoothly & answer those newbie questions in my absence, after all we are here to help each other.. lets work towards the purpose...
its not just this method i trade other couple of methods i call them as A++ method.... if things goes well, i would be more than happy to share my other methods in future...
looking forward for the positive approach from every follower/member of the thread.
Cheers,
FX-Pro
- #1,350
- Oct 16, 2012 11:18am Oct 16, 2012 11:18am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,352
- Oct 16, 2012 11:47am Oct 16, 2012 11:47am
I've been in this business for 16 years (1000+ trades a year) and I can tell u, the things have changed a lot recently. Tonnes of books have been written on TA, EWT, Fibs..etc..and I think out of these classics, in my experience, only fibs are the ones that still work. EWT guys are dead from latest the last year, when they called for S&P to fall into double digits, and euro to go subpair. Machines have taken over the markets and many clever, famous and very experienced heads have been forced to shut down their hedge funds and leave bancrupt.
Statistics are cruel: 95% of traders lose money, 87% of fund managers lag behind the S&P 500 performance badly. Backtest Turtle ToS results, minus spread and/or comissions and see the results. I trust only tested analysis with measurable results.
Machines are programmed, to run stops on every possible lagging indicator trading method, that's why PA based method, is the only method, that really works. I found this thread interesting, because it is in early stages and because the method can be applied also in futures markets.
Hence the idea (which I think is the basic idea Fx-Pro initiated this thread). There is ALWAYS a way to improve your skills and there is also a matrix, a field of positive thinking which can make wonders. That's why I am here.
lol..my post is now even longer than yours.. let's do it together and let's help FX-Pro run this thread.
All good,
Ciara
Statistics are cruel: 95% of traders lose money, 87% of fund managers lag behind the S&P 500 performance badly. Backtest Turtle ToS results, minus spread and/or comissions and see the results. I trust only tested analysis with measurable results.
Machines are programmed, to run stops on every possible lagging indicator trading method, that's why PA based method, is the only method, that really works. I found this thread interesting, because it is in early stages and because the method can be applied also in futures markets.
Hence the idea (which I think is the basic idea Fx-Pro initiated this thread). There is ALWAYS a way to improve your skills and there is also a matrix, a field of positive thinking which can make wonders. That's why I am here.
lol..my post is now even longer than yours.. let's do it together and let's help FX-Pro run this thread.
All good,
Ciara
Ideas shape the course of history
- #1,353
- Oct 16, 2012 11:48am Oct 16, 2012 11:48am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,354
- Oct 16, 2012 11:56am Oct 16, 2012 11:56am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,356
- Oct 16, 2012 12:13pm Oct 16, 2012 12:13pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
