agreed para1 agreed para2... it is hard to see the forest for the trees. to put forth the idea to people of offsetting a chart by even 30 seconds is surely a door opening to great revelations about what a chart is and isn't and what beliefs they may ...

Pivot strategy for newbies

Serious answer. No. I'm on the journey of discovery, but on the journey I don't drink the coloured water some are offering and instead try to find my own supply. I think a lot of people are trying desperately to make order of something that does not ...

Pivot strategy for newbies

true that, but again this could imply an hourly perspective... does this then matter to someone looking at daily or weekly's ? it's all perspective. in those cases one might look more to financial news events expected on whatever day etc as their ...

Pivot strategy for newbies

i'm not sure what the difficulty here is. is it that you do not know how to code? or is it that you don't know how to express the above image? can't help you with the first because it's been a bit since i've done mt4 coding so i'm completely out of ...

How can I code this thing

Let me answer you by asking some questions. question 1 : what is a trend? question 2 : consider the following chart 'trends'... 1min - trend up 5min - trend down 10min - trend up 30min - trend down 1hr - trend up 1day - trend down 1week - trend up ...

Pivot strategy for newbies

Seems to me that you are convinced that time plays a factor in a trend. you might be right.... or might not be. What is to say you shouldn't look for a trend on the century chart or the million-year chart?

Pivot strategy for newbies

trading is like... taking a prison shower.

Trading is like ...

things like that make me feel like perhaps you do not quite understand exactly what it is that makes you money, ie it's not intuitive / natural. I'm not saying you are wrong, just suggesting perhaps there is some doubt in a traders mind as to what ...

How did you find success?

Heh my head hurts. I think you basically said what I said. You seem to have a handle on things. Weeeeeeeeeeeeeeeee Forex is all voodoo. First one learns everything. To succeed one must then forget it all. Or something like that.

Inescapable Truths

Also note that the bid ask on the chart and the bid ask on the tick chart of the trade window. Maybe open the trade window, take a screenshot, enjoy. Yup. Or maybe it's just me.

Bid or ask price on your charts?

iPod still. Ran out of text memory or something. Continued. So trader 3 wants out of his short position. Offers 80 cents but both trader 1 and 2 sit tight. Suddenly a new trader walks in and sees a bargain so buys at 80 cents. Now trader 4 wants to ...

Inescapable Truths

iPod again. The spread is a funny thing to try to follow where the gap money goes. Some goes to new traders just starting some to traders doing a final trade some to the rest who trade all multitudes of timeframe. The players constantly change and ...

Inescapable Truths

1. Was typing all of that on my ipod which takes far too long, so had to be brief. 2.Was not trying to be rude, see point 1. 3. Somewhere along the way we agreed on a few things and disagreed on others... seems neg / zero - sum is one we will ...

Inescapable Truths

My post was mainly a general rant towards anyone who hasn't taken time to even learn what a market is

Inescapable Truths

Chart patterns don't exist. Peoples flawed expections exist. If person A with broker B looking at exactly the same chart as person m with broker n sees real price differentiations and therefore different patterns what does this then tell you about ...

Why a chart pattern fails?

The day you show me a way to be able to open a trade then close it and somehow break even is the day I stop calling this a negative sum game and start makin serious money. It's not about where whatever money goes after each transaction and how the ...

Inescapable Truths

heh, i think i'm the second post in that thread! i think the problem with keeping it simple is that to do that requires being aware of simple things that aren't obvious from what we are given with all the distracting bells and whistles. like i ...

Inescapable Truths

mr.marketz jump on in the waters fine. mathematician i guess this is why i keep saying that you just need to overcome the spread. once you have a strategy that does that then you can decide when your beginning and end is, since it is all subjective. ...

Inescapable Truths

i think pyramiding is a large part (or maybe almost all) of the key to being profitable, not just in the fact that when you win you win more, but more to do with the maths behind entwining this with trailing stops and the shifting nature of risk vs ...

Inescapable Truths

cheers blackmage! cool. whoever told you the spread = broker fee needs to be slapped. i think this is starting to get too much into semantics. i still don't agree and this is why. you mentioned how it depends on how people define the 'players', ...

Inescapable Truths