hoch, banzai, eljen, zivio, chinchin, polla, kronia, hiphip, vive, evviva
MULTIPLE-ACCOUNT-STRATEGY
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FX-Market is a high risk and a not normal-distributed event.
The chaos theory could describe the forexmarket in a more realistical sense.
Whenever markets get a bit agitated and we see sharp and aggressive “risk-off” movement, you could try and recall which of Benoit Mandelbrot’s 10 Heresies of Finance is playing out at that moment.
The “10 Heresies of Finance”, how do financial markets really work? Mandelbrot’s “fractal view” (chaos theory) reminds us that:
1. Markets are turbulent
2. Markets are very,very risky. More risky than standard theories imagine.
3. Market “timing” matters greatly. Big Gains and Losses Concentrate into Small Packages of Time
4. Prices often leap, not glide
5. In markets, time is flexible
6. Markets in all places and ages work alike
7. Markets are inherently uncertain, and bubbles are inevitable
8. Markets are deceptive
9. Forecasting prices may be perilous, but you can estimate the odds of future volatility
10. In financial markets, the idea of “Value” has limited value
"Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts."
Basics of Forex - Theoretical Foundations
http://www.babypips.com/school/
http://forex-strategies-revealed.com/
http://stockcharts.com/help/doku.php?id=chart_school
Helpful Tools & Links
Correlation Table: http://www.forexticket.co.uk/en/tool...1-correlation;
Pivotals: http://www.actionforex.com/markets/p...2010040848154/;
E-Books: http://www.earnforex.com/forex-e-books/
Interest-Calculator: http://fxtrade.oanda.com/analysis/interest-calculator
News: http://www.zerohedge.com/
further Links:
http://www.actionforex.com/markets/p...2010040846445/
http://www.investing.com/currencies/eur-usd-technical
http://www.investopedia.com/
http://www.macrotrends.net/
http://www.marketwatch.com/investing
http://www.marketwatch.com/investing/currency/eurusd
http://quant.stackexchange.com/quest...ailable-online
http://www.snb.ch/en/iabout/stat/sta...exchange_rates
http://www.zinsen-berechnen.de/zinseszinstabelle.php
____
Label:
LOM = Loss Order Management, MTFA = Multiple Time Frame Analysis, PO = Pending Order, SL = Stop Loss, TP = Take Profit, TS = Trailing Stop
MULTIPLE-ACCOUNT-STRATEGY
___
FX-Market is a high risk and a not normal-distributed event.
The chaos theory could describe the forexmarket in a more realistical sense.
Whenever markets get a bit agitated and we see sharp and aggressive “risk-off” movement, you could try and recall which of Benoit Mandelbrot’s 10 Heresies of Finance is playing out at that moment.
The “10 Heresies of Finance”, how do financial markets really work? Mandelbrot’s “fractal view” (chaos theory) reminds us that:
1. Markets are turbulent
2. Markets are very,very risky. More risky than standard theories imagine.
3. Market “timing” matters greatly. Big Gains and Losses Concentrate into Small Packages of Time
4. Prices often leap, not glide
5. In markets, time is flexible
6. Markets in all places and ages work alike
7. Markets are inherently uncertain, and bubbles are inevitable
8. Markets are deceptive
9. Forecasting prices may be perilous, but you can estimate the odds of future volatility
10. In financial markets, the idea of “Value” has limited value
"Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts."
Basics of Forex - Theoretical Foundations
http://www.babypips.com/school/
http://forex-strategies-revealed.com/
http://stockcharts.com/help/doku.php?id=chart_school
Helpful Tools & Links
Correlation Table: http://www.forexticket.co.uk/en/tool...1-correlation;
Pivotals: http://www.actionforex.com/markets/p...2010040848154/;
E-Books: http://www.earnforex.com/forex-e-books/
Interest-Calculator: http://fxtrade.oanda.com/analysis/interest-calculator
News: http://www.zerohedge.com/
further Links:
http://www.actionforex.com/markets/p...2010040846445/
http://www.investing.com/currencies/eur-usd-technical
http://www.investopedia.com/
http://www.macrotrends.net/
http://www.marketwatch.com/investing
http://www.marketwatch.com/investing/currency/eurusd
http://quant.stackexchange.com/quest...ailable-online
http://www.snb.ch/en/iabout/stat/sta...exchange_rates
http://www.zinsen-berechnen.de/zinseszinstabelle.php
____
Label:
LOM = Loss Order Management, MTFA = Multiple Time Frame Analysis, PO = Pending Order, SL = Stop Loss, TP = Take Profit, TS = Trailing Stop