Good luck shellsnail, and enjoy your break from FF. I'll be sure to check out your website when I have more time. And thanks for the nice trading journal so far. There's good stuff in these posts

Testing High Leverage Compounding

It's just one EMA. If by "cross" you mean when price crosses it, then yes. But price doesn't have to touch it if momentum is strong. And I repeat, this may not be the best way. It was just a fairly simple technique that I could code into the ...

Statistical Analysis of TZs

Hey jmn, thanks for dropping by. One of the main points that this research has highlighted is that you can't trade towards a first opposite PTZ mechanically, that is by entering and placing stops at the same percentage levels between Target TZ and ...

Statistical Analysis of TZs

Unless... we're talking about ranges of contiguous transient prices? In that case, a higher-value tick chart might be a appropriate. For instance, if you wanted to find 5 contiguous transient prices on a chart, then use a 5-tick chart. Any bar that ...

Statistical Analysis of TZs

Yeah, maybe I've got the wrong end of the stick. I thought Bill was postulating that a price level that get hits only once is a potential problem area. So the only way to see that would be on a 1-tick chart, wouldn't it? On a 2-tick chart, if the ...

Statistical Analysis of TZs

Welcome back Vlad I was worried you'd gone forever. It's great your trading's going well and you're able to bag the 70-120 pip moves consistently. Hard work pays off, eh? Looking forward to your future posts. Best wishes, NT

Transient Zones - Basics

Hey pedma, I've just seen your recent conversation with BillYon on Vlad's thread, and I now understand why you're talking about tick charts . Actually the First Opposite TZ system presented here does not analyse Bill's idea. It analyses ...

Statistical Analysis of TZs

Thanks pedma　. By the way, those parameters were optimised for M240. I did try them on lower timeframes (M60, M30, M15, M5, M1) but the results weren't quite as good. Especially M1, which was the worst I think. You might want to reoptimise the ...

Statistical Analysis of TZs

Thank you very much for the book recommendation, BT. It looks good, and great reviews! I'll try to read it after I've finished the trading psychology book mentioned here. Cheers, NT

Statistical Analysis of TZs

Hi Innate, thanks for the kind words. I hope your analysis is going well too. You're welcome to post any results here, of course. Or if you'd rather discuss things privately, that's fine too. Good luck　

Statistical Analysis of TZs

So, I analysed the next 4 trades offlist as objectively and fairly as I could, considering the clarity of hindsight, and this is what I came up with: Indicator: SL=3, BE=1 With discretion: TP=1, SL=2, BE=1 The TP was a trade that the indi flagged as ...

Statistical Analysis of TZs

I see. Thanks for clarifiying . And yes, that broker sounds naff.

Testing High Leverage Compounding

Unlucky mate. Losing the first trade of the week is always a bummer. But if it aligned with your system then you have nothing to feel ashamed about. Get out the scotch! This is the dilemna, isn't it? Almost all consistently profitable systems ...

Testing High Leverage Compounding

Looking back at USD.CAD, it's not difficult to find the first problem area. Since the start of this year, there have been 7 setups on M240 according to how I've optimised the parameters. Out of those 7: TP=0, SL=6, BE=1, EX=0. Ouch! That's a 6% ...

Statistical Analysis of TZs

I know this is a trading forum, but I personally feel that investing deserves much more priorty than trading. Even if you're lucky enough to be a talented trader who can consistently earn enough to support yourself and your family, you should at ...

Poll: Do You Trade Or Invest?

Here are a few more stats I've unearthed from Jan-2008 over 9 pairs on M240, h=30-120+. Some stats are repeated from above for convenience. I've decided to allow 8 pips per trade for total trading costs. This may be a bit too much for most trades, ...

Statistical Analysis of TZs

Hey ExForX, this reminds me of a great book I've got about the psychology of trading called The Daily Trading Coach by Brett N. Steenbarger. I started reading it a few years ago but didn't finish it at the time, wasn't in the right frame of mind I ...

Testing High Leverage Compounding

Thanks for posting this shellsnail. I've made the same mistakes so many times in the past, and probably will again sometime in the future. It's makes me feel a bit better that I'm not the only one, though of course I'm sorry for your loss. I wonder ...

Testing High Leverage Compounding

Yes, that EU short made my week. Only problem was that I wasn't in big enough. But if CPI had gone the other way I wouldn't be saying that Also, there's a lesson here. Just before the news I decided to take a small Nikkei short to hedge ...

Testing High Leverage Compounding

Yeah, I've had a frustrating week too. A couple of losers, a couple of winners and the rest break even. It happens! Just got to try not to let it get us down. Now short EU at 1.1198 based on M240 chart. Let's see if NY can deliver the goods

Testing High Leverage Compounding