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- Magic Trader replied Oct 6, 2017
If the session is set ahead of time, it's probability is near 50%. If you factor in a vig, my odds are lesson than 50%. But if I can choose when to exit the game, I have a chance to come out ahead. This dynamic exiting of the game, gives the player ...
- Magic Trader replied Jul 22, 2013
That would have been a great place to fade, Emerald. You got out at BE. Still a good trade IMO.
- Magic Trader replied Jul 14, 2013
Well that was a great trade. Let's see what the new week holds. Good luck everyone.
- Magic Trader replied Jul 11, 2013
Your trading is right on, Emerald. Do you have a good handle on the EUR/AUD pair?
- Magic Trader replied Jul 5, 2013
Please keep posting Emerald. Great reading.
- Magic Trader replied Jul 4, 2013
My hats off to Chris and my THANKS to him. I read all 180+ pages and it took just a handful to understand what he has found. The rest of pages proved to me the validity of what he has done. The fact he is now departing further cements that. My own ...
- Magic Trader replied Jun 27, 2013
Regarding pi, CP said that the lightbulb for him went on when he started thinking about how the earliest folks went about calculating it.
- Magic Trader replied Jun 7, 2013
Yes. Yesterday's move was key. It was actually a pricing-in of the expected report, which most people gleamed from Wednesday's ADP. That report has been becoming more of a focus recently. NFP is always fun though.
- Magic Trader replied Jun 7, 2013
Post 1190 url GOOD LUCK!
- Magic Trader replied Jun 5, 2013
Hey SP, I noticed that both closes are often respected on pairs. Here is a questions for you: Would you say that if price is above the previous days close, the market is generally more upbeat? Maybe in a buying mood? And vice-versa if it was below a ...
- Magic Trader commented Jun 4, 2013
News is the best time to trade by far
- Magic Trader commented Jun 4, 2013
I wish I could trade it!!!
- Magic Trader commented Jun 4, 2013
Yeah like he was going to abandon all his plans because yen dipped below 100. C'mon
- Magic Trader replied Jun 4, 2013
Huge move on last night's manufacturing pmi news. Anyone else catch it? I took just 1.2%. Should have held it much longer!
- Magic Trader commented May 30, 2013
Great job! Your site is awesome and I recommend it to any forex trader.
- Magic Trader replied May 27, 2013
ATR holds promise for this type of analysis. But it might not be as simple as throwing up an ATR 14 per se.
- Magic Trader replied May 22, 2013
Good post Diceman. This thread is all about opening your minds. I remember a posting about what would happen if we took the opposite trade of a system that had failed trades. Because then the opposite of a failed trade would be a successful one, ...
- Magic Trader replied May 20, 2013
This discussion about time is irrelevant. It doesn't belong on this thread as CP uses moving averages so... end of story. If you want to throw time out of the equation, and go strictly with tick data, that's your right. But ticks come in a ...
- Magic Trader replied May 18, 2013
If you want to call "now" a 1hour candle, I will show you 720 candles of 5seconds that cover this "now" concept of yours. Time should be thought of as a tool we can use. It's not the basis of our trading but simply another tool.
- Magic Trader replied May 17, 2013
I think you are right, ataata. At the heart of CPs system, it is a breakout -- pullback system. CP uses volatility to tell whether a move is truly a breakout or a false move or just a fakeout move. My guess is that he has done extensive number ...