I agree with shinny — This is definitely a shakeout of weak money before a move higher. The Fed has to lower interest rates, the likelyhood of a .75 rate cut is higher than it has ever been. Meanwhile the ECB has to raise rates to fight ...

Jacko's Forex House of Pleasure and Pain

as I assumed — As i assumed, Jasdel was just giving Seekinglight the business, if that makes you feel justified, so be it, personally I prefer making pips to winning forum arguments, but that is just me. Jacko's system is extremely elegant. ...

Jacko's Forex House of Pleasure and Pain

fixed size stop — Actually, Jacko suggested halving lots and doubling your trailing stop (to 100 pips) to take into account the larger volatility from christmas to new years. This point seems to be overlooked by people being overly defensive ...

Jacko's Forex House of Pleasure and Pain

patience — Humans have to fight hope fear and greed to be successful traders, that requires patience. Patience to stall your fear of loss and hold on to your winners as long as they run. Patience to ignore your hope that the price will come ...

Jacko's Forex House of Pleasure and Pain

philmcgrew thanks — Thanks for the John Mauldin link. I heard him on an early morning talk show this past saturday and thought to myself, you need to check out his website, then I promptly dozed back to sleep and never thought of it again. ...

Why would the fed lower rate?

The fed cannot lower rates — If Washington does not curtail spending and begin to pay off the debt, it does not matter what the fed does, the dollar will inflate or deflate, but it will become worth less.

Why would the fed lower rate?

iranians trying to torpedo the dollar — the big story over the week end was the discussion at opec of taking the dollar off of oil. if that does not cause a bear dollar , then the bull dollar is intact.

james16 Chart Thread

Switcher — As Renegade suggested this thread in the Woodies CCI forum is intended to be used by an autotrader trading a mechanical system. url But the idea is valid for anyone. most system traders will stop all open positions and do a full ...

Help for Newbies (Discussion Thread)

Safeguard technique against becoming complacent — PeterFM, An Idea for your consideration. I read about this in the woodie cci forums. It involves graphing your equity curve and using a moving average to be determined by the individual trader. ...

Help for Newbies (Discussion Thread)

I dont think I am getting the most out of ea — The best I have managed is 62% modeling quality, even using tick by tick data. The srdc v 1.1 comes in greyed out in my ea folder, so I am not sure what that is about, I can apply it to my chart ...

Discussion on EA pertaining to SRDC methods

jkmack — just read the thread jan 1st and have been compulsively drawing trendlines and reading the readers digest versions compiled by aha and mattias ever since in my off time. I hope to continue to learn and contribute when I have something ...

TS Registration only

f12 — f12 button, I just learned that myself from an OrangeRoshan post a couple of days ago.

How to move one candle at a time

all three — All three books should be read, as the impression you get from reading all of them is that certain truths about trading are universal regardless if you are a fundamental or technical trader, regardless of what market you trade. ...

which market wizards book is best for forex?

Thanks Puppy — Thanks Puppy for correcting my math. I rushed the post and made a mistake.

looking to build aggressive MM strategy

The Kelly Criterion is the most aggressive, yet informed method. — The Kelly Criterion or The Kelly Formula offers the ability to determine the most aggressive money management without sacrificing all sense of reason. url The quick rule of ...

looking to build aggressive MM strategy

additional atr info — I am not sure how applicable this information is to forex or to shorter time frame trendfollowing, but it applies to stock and commodity long term trends. Generally speaking, the monster trends that long term ...

Part Time Wealth Building Trading System

what if the 90% loser is still profitable? — 90% lose rate does not mean a system is not profitable. Most trendfollowers deal with very high losing percentages but a low percent of capital loss, while thier winners are many multiples of thier ...

A Loser System Wanted

channel it? — would a 30 period simple ma set to the high and another one set tothe low achieve your goal?

Average Daily Range