- Search Metals Mine
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Xela replied Jul 28, 2015I don't believe this to be true. I think that even of there's (still) a statistical bias discernible in that direction (which I doubt), it will probably be simply a correlation rather than a causal connection: I don't think that people are appointed ...
Imminent collapse of the US dollar?
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Xela replied Jul 27, 2015If you have 64% winners, and a risk-to-reward ratio of 0.55, then after 100 trades, on average your figures should look something like this ... 64 winning trades winning you 1 unit each = +64 units 36 losing trades costing you 0.55 units each = ...
Is this a good system long term?
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Xela replied Jul 27, 2015Yes. In any time-frame, draw a 15-period and a 50-period EMA. If the 15-period EMA is above the 50-period one, both have a visible upward gradient and the lines are diverging, then there's an upward trend within that time-frame; if the 15-period EMA ...
Reliable method to know when a "trend" has started?
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Xela replied Jul 26, 2015"My thread"?! Apparently this is news to you, but you don't own the thread just because you started it: you should expect, particularly if starting a thread on such a notoriously contentious subject as this one, that others will also give their ...
Why every US trader needs to trade offshore
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Xela replied Jul 26, 2015You might find the book High Probability Trading by Marcel Link interesting, then: a big proportion of the book comprises "definitive proof that it does something useful", and the underlying reasons behind that were what it was written to explain. ...
W1/D1/H4 or D1/H4/H1 for trend analysis?
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Xela replied Jul 25, 2015I've already done that, in the post just above. Your statement, that I quoted at the start of that post, was completely wrong. You said, wrongly, that the description I gave was a description of regulated brokers in the US. It isn't: it's a ...
Why every US trader needs to trade offshore
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Xela replied Jul 25, 2015On the contrary, that description covers the ones pretending to be brokers, who don't actually execute their customer's orders in the market, but trade against them. There are also others, (I even gave an example, in my post!), who don't do that, ...
Why every US trader needs to trade offshore
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Xela replied Jul 24, 2015Reading posts #1 and #3 on the previous page may help you.
Simple, Profitable, forex strategy
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Xela replied Jul 24, 2015This thread is absolutely rife with illustrations of the dangers of taking advice from those without the appropriate professional qualifications to offer it. I hope that its readers won't assume that trading with more than 50/1 leverage is ...
Why every US trader needs to trade offshore
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Xela replied Jul 24, 2015It sounds like it is, from what you say, and your results to date seem to bear that out (albeit on a small sample-size) to a high degree of statistical significance. But I'm not 100% clear on exactly what you're describing, when you say ... What ...
Ichimoku abort criteria
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Xela replied Jul 21, 2015For sure: using it for charting is a very different (and far more understandable) proposition from using it for trading.
Why do so many people use MT4?
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Xela replied Jul 21, 2015Largely for the same reasons that so many bloggers use WordPress. I think the single biggest reason is that so many others use it: in other words, it's become self-fulfilling. People try it because automation (rather than education and the ...
Why do so many people use MT4?
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Xela replied Jul 20, 2015Filtering by taking trades only in the direction of a trend, for example as defined by a previous crossover of two EMA's (6-period and 18-period will work - so will some others) and a subsequent divergence of the EMA lines with each having a ...
Inside Bar set up with stochastics
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Xela replied Jul 20, 2015There's really no need to. It can be seen at a glance why it can't overall be profitable, and many posters above have tried, in various ways, to explain the underlying reason: you're trying to countertrade momentum. In clear trends, you'll be ...
Simple, Profitable, forex strategy
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Xela replied Jul 19, 2015I'm very surprised to see this listed as a "secret of success". It seems to imply that whenever the first trade of the day produced by any particular pair isn't such a great one, or is a losing one, but it's followed by several very successful ...
What is your secret and edge?
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Xela replied Jul 3, 2015Unfortunately not - you are. I'm not suggesting that the things you listed are bad habits: on the contrary they're all extremely good habits, and I strongly endorse and commend all three of them. But it's also important to understand that none of ...
What is your secret and edge?
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Xela replied Jun 29, 2015I wish you good luck with that belief, and hope you'll excuse my mentioning that in my opinion you may need some. Unfortunately none of those parameters in itself confers any "edge" at all. You know you probably have an "edge" when you have ...
What is your secret and edge?
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Xela replied Jun 27, 2015It's not possible to think this and to state, as you did above, that "a 35% winning system is a losing system", because Van Tharp explains exactly the opposite, and gives the reasons for your assertion being completely wrong. (And so does Tushar S. ...
Banned again- i keep asking the right questions
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Xela replied Jun 27, 2015Heiken Ashi is not a "strategy": it's a charting method.
Descending order of successful forex strategies
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Xela replied Jun 24, 2015It's quite common. It's usually a mixture of rumor, publicity and hype. Online, broadcast and print media all have their own opinions of "probable announcements" and (especially when they all/mostly agree) it can certainly move the markets. They ...
Market moves before the news event happens?