Just done my first third party withdrawal from IB. Bloody hell, what a drama! It was only EUR200 to a bank in Barcelona, but I can't believe the number of security hoops I had to jump through before they would authorise it. Really not sure if this ...

Interactive Brokers - experiences and opinions

Hey sisse, are you talking about a trading platform? I'd be interested in helping you develop one, but only part-time and from Japan. Please PM me if you're interested. Thanks.

The Really Useless Thread

Thanks abokwaik. I think that's basically my Method 1 above. This works great most of the time but loses accuracy when new highs or lows are made by the lines, i.e. the range increases, particularly if one line's range changes and the other one ...

Compare the slopes of two lines plotted on different scales

Sure. On the chart below, I have two lines plotted below the price panel: Line 1 and Line 2. These are actually the same indicator with different inputs, but that's not important right now. You can see that the y-axis (vertical scale) of each line ...

Compare the slopes of two lines plotted on different scales

Thanks Ferru. Have you ever done something like this? If so, which method did you use? I can see a pitfall to my first method too, that is when the line makes a new high (or low), the range suddenly increases so the RoC (rate of change) of the ...

Compare the slopes of two lines plotted on different scales

It certainly is mate. You wake up in Tokyo and 16 hours later you're eating pie and beans in London. Unbelievable! Oh I wasn't a bear in those days. Just another scruffy backpacker Good night!

Diversified Trend Trading Approach

If you are where I think you are then that's where I met my wife all those moons ago. Roma Sreet to be precise

Diversified Trend Trading Approach

Yes, good point! This is one of the few good reasons (maybe the only one?) for not giving an indication of how profitable an existing system is. You don't want someone whining about how they can't make any money out of it and calling you a liar just ...

(binned per thread starter’s request) Truth in Trading

Agreed! And here are some more truths: 1. To be consistently profitable you need to have a system that has an edge. 2. An edge means that over time your system will produce profit IF traded properly each time. 3. The edge doesn't have to be large to ...

(binned per thread starter’s request) Truth in Trading

To be honest, the above bolded statement from the first post stopped me from reading further. I know that none of us can predict the future, but it gave me the impression that this system is relatively new and/or you don't have a great deal of ...

(binned per thread starter’s request) Truth in Trading

Not good. Lost 2.5% on the Nikkei this week getting whipsawed around. And my nice AU short stopped out at BE last night thanks to the Fed. I left the position on expecting the Fed to be a bit more hawkish than that. It was not to be. On holiday from ...

The Swamp

I don't think that AUD is being manipulated by the RBA at the moment. I think this move up is being driven by commodities (especially gold and oil/gas) and Asian equities more than anything. If you pull up charts and compare last week's prices of ...

Discovering An Edge

Hey Vlad, -40 is not so bad for such a wild NFP day. I lost 30 including costs, but am quite happy with that because I kept my leverage low and got out fast when things weren't working. Can't say fairer than that Your AU losses were probably my ...

Discovering An Edge

Hi Sisse, I guess what you're saying here is that price is at an important level and could go either way. If ECB/Fed both do nothing this month then price will probably go up. If either ECB or Fed take action then price will probably go down. So ...

The Really Useless Thread

Yes, crazy it is! I'm glad I didn't trade EU though. Reckon a lot of people got hurt on that. I'm going now before I become tempted to open another trade! Have a good weekend

Discovering An Edge

No, I don't iron those! Tried another short as it was going down after NFP. Out -10. Crazy moves, up and down like a yo-yo. I'm done for the night. Good luck!

Discovering An Edge

Yeah, it was not to be. SL -15. I'll go and iron my shirts and try again later.

Discovering An Edge