why have you accepted the price-predictability assumption? | Page 69 | Forex Factory

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why have you accepted the price-predictability assumption?

  • #1,361
  • Jan 8, 2014 3:58pm Jan 8, 2014 3:58pm
Quoting nubcake
Yeah Magix! Stop being so damn perceptive and using your brain! How dare you come into this thread and be so clear and logical, and right! Fuck off you prick. This thread has no room for people who aren't completely full of shit, so get fucked you fucking mcfuckletyfuck of Fuckelstein and McFuck. Someone needs their diaper changed.

Same goes to you, I thought you was a troll, who could maybe trade, but I see not, just another angry loser, defending there failed method and shooting down everything else, cause your way is the only way damn it.

Not bothering answering either of you.

So prove your not a troll, and leave me alone and your stupid opinions with no way to back them up.


* Need a teleport to troll button on this site, only way to shut pricks ups!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,362
  • Jan 8, 2014 4:03pm Jan 8, 2014 4:03pm
Me curve-fitty me method, perocks. Me pofitbeeleetee is pohfeshnul. Durr is no traydars hir esepet me! Me iz M1 supaterder in forex! Yooz is all trolls. Me no read yor posts. Me hate yoo! Y U NO LIEK ME POSTS? ME SO KLEVA! Me tell my mummy on yoo all! billy me freind! Me liek billy! billy good, yoo trolls bad!

*STOMP STOMP STOMP. WAH WAH WAH*
Congratulations ScalaFX for coming out of the closet!
  • #1,363
  • Jan 8, 2014 4:04pm Jan 8, 2014 4:04pm
a/u just hit 8900 lets see what happens, I am curious , I did mention a/u a few days ago (ib) and I am working on something slowly but might get there
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,364
  • Jan 8, 2014 4:09pm Jan 8, 2014 4:09pm
Quoting billytt
a/u just hit 8900 lets see what happens, I am curious , I did mention a/u a few days ago (ib) and I am working on something slowly but might get there

Can't remember where my TP, just above the previous low as it was making higher highs, 8860 rings a bell maybe.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,365
  • Jan 8, 2014 4:13pm Jan 8, 2014 4:13pm
Quoting Turveyd
{quote} Can't remember where my TP, just above the previous low as it was making higher highs, 8860 rings a bell maybe.
you did mention a few days ago when I spoke of it and you said you would probably short it at around 8960
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,366
  • Jan 8, 2014 4:15pm Jan 8, 2014 4:15pm
Quoting billytt
{quote} you did mention a few days ago when I spoke of it and you said you would probably short it at around 8960

Yeah, I had a quick look and although not perfect entry, I'd go short, SL 9030 TP 8860 from memory.


Nearly at TP, definately too slow for me!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,367
  • Jan 8, 2014 4:17pm Jan 8, 2014 4:17pm
it is def slow but on the cards for 100 pip shift to start off <<<<<< speaking as a non trader
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,368
  • Jan 8, 2014 4:20pm Jan 8, 2014 4:20pm
Quoting billytt
it is def slow but on the cards for 100 pip shift to start off <<<<<< speaking as a non trader

Too slow and just totally guessing and seeing what happens, with very little to base the trade on, that's how everyone trades H4 and D1 I guess!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,369
  • Jan 8, 2014 4:23pm Jan 8, 2014 4:23pm
nope, inside bar , INDECISION DAILY plus stats (not many though) my main pc is still fekked up
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,370
  • Jan 8, 2014 4:28pm Jan 8, 2014 4:28pm
Quoting billytt
nope, inside bar , INDECISION DAILY plus stats (not many though) my main pc is still fekked up

LOL might of been valid for the first 10mins, but multiple days and news releases later, it's just gambling and should not be encouraged.


Stocks are where it's at, for long term swings and investing, not Forex.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,371
  • Jan 8, 2014 4:33pm Jan 8, 2014 4:33pm
sorry T but your wrong, or assume wrong. taking into account news, fundamentals or what ever except acts of god if there is one, stats stats stats if it doesn't go it doesn't go, but I used to do this stuff for a living, one loss it will be regained, I say this in a good way not bitching
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,372
  • Jan 8, 2014 4:41pm Jan 8, 2014 4:41pm
Quoting billytt
sorry T but your wrong, or assume wrong. taking into account news, fundamentals or what ever except acts of god if there is one, stats stats stats if it doesn't go it doesn't go, but I used to do this stuff for a living, one loss it will be regained, I say this in a good way not bitching

No Forex is too whippy, to news driven for long term trading, unless there is a really long trend your trading, the trend is down on AU but it was at risk.

Stocks you can get / find 1's and have pretty good odds on getting a return over days / weeks, forex no chance.


But feel free to prove me wrong old chap
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,373
  • Jan 8, 2014 4:55pm Jan 8, 2014 4:55pm
You guys can take this how ever you want.

Basically, we have 2 people chatting, who admittedly, don't trade.

Where the topic of discussion is, Why have you accepted the price-predictability assumption.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,374
  • Jan 8, 2014 5:07pm Jan 8, 2014 5:07pm
Quoting Magix
You cannot have consistency with any system until you are able to define the parameters.
I doubt many traders for the vast majority of time that modern financial markets existed had either the mathematical ability or tools to do anything resembling what you're saying (explicitly defining every parameter for entering and exiting every trade).

Murray Gunn, head of T/A @ HSBC, wrote a book in the late 2000s titled "Trading Regime Analysis: The Probability of Volatility," which does not dictate how to trade or provide any trading systems, but instead focuses solely on analyzing what condition the market is in (trends, pause, correction, etc.)-- really great book imo. But anyways, somewhere in it he surmises that discretionary human traders currently beat quant systems and likely will continue to for a long, long time, because markets are so complex that there are simply too many constantly changing variables to ever explicitly write rules for, while the human brain is simply more adept at discerning the actual human behavior that is driving the markets to do what they do.

Consistency isn't the goal, profitability is; aiming to have more of the former may have the unintended consequences of reducing the latter.
  • #1,375
  • Jan 8, 2014 5:13pm Jan 8, 2014 5:13pm
Quoting smittens4212
{quote} I doubt many traders for the vast majority of time that modern financial markets existed had either the mathematical ability or tools to do anything resembling what you're saying (explicitly defining every parameter for entering and exiting every trade). Murray Gunn, head of T/A @ HSBC, wrote a book in the late 2000s titled "Trading Regime Analysis: The Probability of Volatility," which does not dictate how to trade or provide any trading systems, but instead focuses solely on analyzing what condition the market is in (trends, pause, correction,...
well said
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,376
  • Jan 8, 2014 5:19pm Jan 8, 2014 5:19pm
Quoting Magix
You guys can take this how ever you want. Basically, we have 2 people chatting, who admittedly, don't trade. Where the topic of discussion is, Why have you accepted the price-predictability assumption.
I am interested in the concept of predicting that is why I hang around here but the room was destroyed by what can I say...
Correct, I do not trade, I retired, I made a lot of money trading 4 houses and the luxury items.
My last trading method which may not of been my idea at all but I know the banks use it as well as leeson,kerviel. adoboli and I forget the other well I sold it for £37000 plus 2 others for half of that.
so come on guys start talking about forward testing any ideas, be good and trade well if you actually do trade or have you too retired.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,377
  • Jan 8, 2014 5:20pm Jan 8, 2014 5:20pm
Quoting smittens4212
{quote} I doubt many traders for the vast majority of time that modern financial markets existed had either the mathematical ability or tools to do anything resembling what you're saying (explicitly defining every parameter for entering and exiting every trade). Murray Gunn, head of T/A @ HSBC, wrote a book in the late 2000s titled "Trading Regime Analysis: The Probability of Volatility," which does not dictate how to trade or provide any trading systems, but instead focuses solely on analyzing what condition the market is in (trends, pause, correction,...

Nice, you should stick to this kinda post and not lower yourself to the level of trolls.

The object for my method, is to get as near mechanical as possible to reduce work load and provide pretty accuracate back testing, fully mechanical is just ridiculous, it can't adapt, it can't think, it can't handle anything to complicated it can't even miss news.

and there isn't 1 long term EA which is profitable on a live account long term, loads of cheaty repainty 1's people sell ofcourse.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,378
  • Jan 8, 2014 5:21pm Jan 8, 2014 5:21pm
oops, I made a mistake It wasn't sold for £37000 but £47000, be good guys, be nice to each other
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,379
  • Jan 8, 2014 5:27pm Jan 8, 2014 5:27pm
Quoting Turveyd
{quote} Nice, you should stick to this kinda post and not lower yourself to the level of trolls. The object for my method, is to get as near mechanical as possible to reduce work load and provide pretty accuracate back testing, fully mechanical is just ridiculous, it can't adapt, it can't think, it can't handle anything to complicated it can't even miss news. and there isn't 1 long term EA which is profitable on a live account long term, loads of cheaty repainty 1's people sell ofcourse.
I studied or tried to study how the guys of old traded, one ancient monitor (when they came along) and a room full of smoke, That was simplistic at its best, maybe not fast but it worked
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,380
  • Jan 8, 2014 5:32pm Jan 8, 2014 5:32pm
Quoting smittens4212
{quote} I doubt many traders for the vast majority of time that modern financial markets existed had either the mathematical ability or tools to do anything resembling what you're saying (explicitly defining every parameter for entering and exiting every trade). Murray Gunn, head of T/A @ HSBC, wrote a book in the late 2000s titled "Trading Regime Analysis: The Probability of Volatility," which does not dictate how to trade or provide any trading systems, but instead focuses solely on analyzing what condition the market is in (trends, pause, correction,...
I did have a copy of that book and lost it, but you can download it free off net, which I didn't get around to
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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