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- billbss replied Jun 11, 2007
Oooops. That confused me a little. Let's try this- Bar A- Began at 2000 ended at 0000 Bar B - Began at 0000 ended at 0400 Bar C- Began at 0400 ended at 0800 Bar D- Began at 0800 ended at 1200 It is now 1200. Which two bars do I use to determine if I ...
50 +/- MACD 4hour
- billbss replied Jun 11, 2007
I believe we should look at the readings at 0400 (not 2000) and 0800 to decide on a trade at 1200. If I'm wrong, Dean can correct me.
50 +/- MACD 4hour
- billbss replied Jun 11, 2007
I haven't seen anyone post here that trading is immoral. I haven't seen anyone post here that gambling is immoral.
Is trading Forex immoral??
- billbss replied Jun 11, 2007
Here's another question- Let's say I open a trade at 0800. At 1200 there is a signal for another trade. Thr trade I opened at 0800 is still alive. Do I take the new one too?
50 +/- MACD 4hour
- billbss replied Jun 10, 2007
Let's say I'm running a crap table. I make a rule that the words "bet" and "wager" cannot be used. Bets have to be called "investments". Does that mean that it is no longer gambling?
Is trading Forex immoral??
- billbss replied Jun 10, 2007
If you bet money and the outcome is uncertain, you are gambling. A ten rich deck does not guarantee you will win at blackjack. It puts the odds in the players favor, but winning is not a certainty. I've had pit bosses tell me they welcomed card ...
Is trading Forex immoral??
- billbss replied Jun 10, 2007
Dean, Does the (310) and (295) indicate positive pips for the month?
50 +/- MACD 4hour
- billbss replied Jun 10, 2007
I see what you are saying, but you are really trying to change the definition of gambling. You are saying, in effect, that if one is successful in his wagers (trades), he is not a gambler. If I bet my life savings on one roll of the dice and won, ...
Is trading Forex immoral??
- billbss replied Jun 10, 2007
Trading is gambling whether you know what you're doing or not. Definition- wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Unless you have ...
Is trading Forex immoral??
- billbss replied Jun 10, 2007
Dean, What kind of backtesting results do you have with your basic system? Thanks
50 +/- MACD 4hour
- billbss replied Jun 10, 2007
This is a unique looking system. Thanks for sharing it.
50 +/- MACD 4hour
- billbss replied Jun 10, 2007
My church is very much opposed to gambling. There are a number of members who trade the markets- Including my minister. I have had several discussions with him about this hypocrisy. (No, I don't use the word "hypocrisy"
) Trading is gambling- ...Is trading Forex immoral??
- billbss replied Jun 9, 2007
I was thinking along these same lines when I spotted this thread. You might also chart a couple of the trading systems that FXCM touts. There are several. Anytime the systems agree with their commentary- double up and go the other way.
FXCM Dailyfx commentary as contrarian Indicator??
- billbss replied Jun 9, 2007
It sounds like a great system to me. The brokers are the real pros. Why not email each of them and ask what they think of it? I'll predict 100% of them will love it and encourage it.
Swap Trading System
- billbss replied Jun 9, 2007
I use IBFX and I don't recommend them for scalping 3 pips. Their servers are too slow. I don't know anything about the other brokers.
I'm thinking of swapping to MetaTrader
- billbss replied Jun 7, 2007
I read an article not long ago that said the COT had lost most of its value. The problem is the increased difficulty in identifying who is a commercial and who is a large speculator speculator. I don't recall where I saw this.
Cot Report
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Winner/Loser Index
Started Jun 7, 2007|Trading Discussion|3 repliesI guess this is the right area to post this. If not, the moderator can move it. Its a bare ...