Granted, this thread's digressed, but I do have an idea that *may* be interesting to some... I'm 100% in on the idea that random coin flips can imitate very closely what the market does. My own studies have shown that there is a near 50/50 split in ...

Random Price Movement

There's a lot to read there, and I apologize in advance... 1) Yes, the bars tested were hourly. 2) I have to admit, I'm confused by the question. My program tested whether any part of a bar after the bar that triggered an entry was equal to or less ...

Money Management vs. % of Success in Trading Systems

Could you clarify, el Capitano? I'd love to better understand what 'fixed fractional' means. I have to say, I hope it gets far more attention, and not for the same reasons that such systems, always promising 80 or 90% success, get attention. But ...

Money Management vs. % of Success in Trading Systems

Results and Conclusions — Results: The highest profits were obtained by utilizing 1:3 and 1:4 Risk/Reward ratios. The absolute highest profits returned were obtained at 28 pip SL, 110 pip TP (1:4 R/R) with a 20 pip Entry Gap (10449 pips). Note ...

Money Management vs. % of Success in Trading Systems

Back-testing Procedure: — Back-testing Procedure: This system was back-tested on GBPUSD 1 hour data from 1/2/2004 through 8/31/2006, or a little more than 2 ½ years. Not a huge range, but its what I have available. Anyone who’d like to ...

Money Management vs. % of Success in Trading Systems

The Tested System — The Tested System: Find the highest high and lowest low from 0:00GMT to 6:00GMT (including 0:00GMT and 6:00GMT bars) Add a ‘entry gap’ (EG) to the highest high and lowest low values to obtain long entry and short entry ...

Money Management vs. % of Success in Trading Systems

Well, I have to say I've greatly enjoyed this thread... a very interesting debate, and some great resources / articles / references included. Seems like some folks have gotten a bit peeved about the - dare I say it - random directions it has flowed ...

Random Price Movement

A post for those new to FX and reading this thread. — Wow... what a great bunch of silliness we have here... seems like a couple people who really agree with one another trying to make sure no one else disagrees with them. Now that's what web ...

Random Price Movement

Just another two cents to say I think this is an absolutely brilliant idea. I think of it as the potential 'napster' of FX trading - direct peer-to-peer information and data. Imagine if enough users got on the same page via this tool... is there not ...

The Napster of Forex

Efex, is there a trading strategy you are using here... seeing the reports and the 28 level approach is certainly interesting... but I'd love to know more about how you trade instead of just seeing the results. But, perhaps your opening post ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000