thanks for the post. What bank did you work for and from your writing, I assume that you worked on the principle investments division that made prop trades on the banks own account? Can you elaborate the enviroment, responsibilities and everyday ...

My life, as a trader

is there one? I am looking for one as well

Percentage Indicator?

math works 100% of the time. strategy, does not.

How important is a knowledge of maths?

ah yes, that could be the case. Seems lately the Yen makes a U-turn not just on NFP. Durable goods, ISM manufacturing, etc... all seemed one-sided but minutes later, it turns the other way. Good point on the revisions. My take on this is that when ...

NFP Feb 2

i hate trading the Fed Statement, minutes 1. during the New York session, not nearly as volitle as if it was in the morning 2. like Merlin said, the statement is subjective, and therefore the moves are not a constant flow of supply and demand in one ...

FOMC Jan 31

traded the NFP, went short what then looked like a bounce, lost 10 pips as where the big sellers should have came in did not. Yes it has been quite strange lately how a bearish news for the USD quickly goes the other way- almost as if all the banks, ...

NFP Feb 2

five fundamental truths in trading: 1. Anything can happen (don't expect anything) 2. I don't need to know what's going to happen next to make money 3. An edge is simply one thing having a higher chance of happening over another in a large enough ...

It’s our job to trade "Futures" not "Histories", by Joe Ross

i clicked on the navigator window ( i use MT4 like rosso) so it's fine now, thanks!!!

bringin sexy back - stochastics

I use the FXDD metatrader platform and I can't seem to have all three stochastics in one window, anyone care to help?

bringin sexy back - stochastics

no problem, thanks for the response!

Looking for strategy that goes with the trend

lol, i'll take a look this weekend, but I'll tell you upfront that if your system is grounded on position/swing trading, I'm exclusively looking to close out my positions by the end of the day. I have no problem holding for a couple of hours if the ...

Looking for strategy that goes with the trend

i'm more conservative. I go with the trend, and if there's no trend, I usually stay out. It is very important for me to clearly see the presence of buyers or sellers. thanks for the response. ** by the way, I see that you have the previous day's ...

Looking for strategy that goes with the trend

ahh...brings back memories of back in the day when I use to trade MACD histogram divergence. I also tried CCI and stochastic (though I believe not much different as they are both oscillators.) Interesting how you picked a trend indicator to do ...

Looking for strategy that goes with the trend

which oscillator are you specifically referring to? What is the final factor that makes you pull the trigger and where would you place your stop? I'm guessing you would pull the trigger after it goes down a little bit and crossed the ...

Looking for strategy that goes with the trend

appreciate the response, i'll take a look in detail this weekend. Any others? Keep in mind that I would like something intraday, no overnights, holdings, etc..

Looking for strategy that goes with the trend

stick to the basics and believe in consistency and you should do fine. Remember, strategy is the very least important. Strategy comes and goes when market changes. the trader's job: identify patterns in the market's behavior that represent an ...

A Guide to Consistent Trading

that's taking the two definitons in a broader context. Which Merlin points out which perspective you take. The posts I made above refers to the trading system itself, not at large.

Flexible Mechanical Trading vs. Discretional Trading