historical check — going back 27 years. note there is no eurusd since its data only goes far back as 1989 on sbfx: The yellow bold cells are my new selection, the other hues of orange are other interesting combinations. I've left out a yen ...

Information For Beginners

my results — so i went back two years to check, mine are within a few %ge points as well, so that means: a. my method is pretty much correct after checking against two independent data sources b. strategy builder fx data is pretty good and c. ...

Information For Beginners

oanda fxlabs — i think this a recent addition by oanda, but at least i can check my method with better accuracy. here is the oanda results for euro & gbp taken over the weekend:

Information For Beginners

Could you set up templates to solve this kind of problem perhaps? Then manually override values you want different? I wonder if this app will work under wine on linux..? If not then back to windoze then... More channels, not sure if these have ...

The Napster of Forex

Nice article, DS. Thanks for posting! My only real comment is that isn't the main difference between a coin-flip and markets is that the former is random, while the latter isn't? i.e. the coin has no memory, and each event is truly independent ...

Random Price Movement

DS - could you post it anyway? I think we'd still all like to read it. From what you've said it seems like you're not a believer in TA. Something akin to flipping a coin or rolling a dice? But aren't there some very successful TA traders out there, ...

Random Price Movement

I think you have to put chart patterns in the right context before acting on them to improve your chances of success. For example you could draw a breakout pattern within a broader range and it will probably be less reliable than one in a trending ...

Random Price Movement

I agree that Charlie Wright's book is one of the few good ones on the business of trading out there. I see your point about timed exits. Too few candles and you may not give enough time for your trade to work, too many and then the market can come ...

Random Price Movement

Btw. there is another thread on randomness here. It kinda ran out of steam (maybe it was my posts that killed it off)...hope that doesn't happen here!

Random Price Movement

I am also fascinated by this topic of randomness in the markets. Taleb's "Fooled by Randomness" is an excellent read in this respect. Van Tharp in TYWTFF makes some good points as well: As you’ll see in the next chapter on entry, very few entry ...

Random Price Movement

doh! Estimates the number of new jobs created in the previous month. ADP, a leading provider of employment solutions for businesses, releases this indicator two days before the highly anticipated official Nonfarm Employment Change. ADP ...

ADP predicts NFP?

er...excuse my ignorance but what's ADP if you don't mind me asking?

ADP predicts NFP?

Dear BM, We do apologise for any problem you maybe having. Rest assured, we are doing our utmost [to collect all the money coming in]. Please have the money in clear, unmarked bills in $100's ready and packed for when our representative shows. He ...

Beware of Websites Selling Commodity Trading Systems

I hope everybody realises I'm just fooling around here...(just in case somebody doesn't) :

Beware of Websites Selling Commodity Trading Systems

Roll up, roll up... — Iso is proud to share his 100% win-win system called "INCREDIBLE TRADING SYSTEM!" (ITS) * 100% Guarantee that you'll double, triple your money in a year - or even more!!! * Tested over 30 years with 20/20 hindsight. No ...

Beware of Websites Selling Commodity Trading Systems

A common theme I notice with the psychology threads is handling a string of losses and how that can be a real test of character of the trader. Just as string of wins can make somebody euphoric (and perhaps get greedy) then a string of losses can ...

Being Right and Making Money Are Not Equivalent, by Dr. Van K Tharp

I agree that viewing the calendar is a red-herring for most technical traders and I stopped viewing it altogether a while ago. If you day trade then perhaps you might need it, but if you position trade then it makes no real difference really. Rob ...

Broker Complaints …Get over it!

Van Tharp's definition — I notice that there are a number of these "Holy Grail" threads floating about the forum. Although this isn't a funny out-take like most of them, I think it sums it up quite well. It's not meant to be a pitch for his ...

The HOLY GRAIL

Keep up the good work Matthew - how is the rest of it going? I like some of your answers - it's made me rethink some of mine already!

My trading plan template.

i'm still waiting to go long...

EURUSD