Roy Munson; "Who are you callin' a psycho!?"

Admit it - your profits are based on luck

Ah but here we have another dilemma. There are; according to theory, 9 types of intelligence. For trading we use logical-mathematical and visual-spatial intelligences. It is my theory that this thread also requires a significant verbal-linguistic ...

Admit it - your profits are based on luck

Does it makes sense? Gamblers have good or bad luck. Traders have good or bad trading statistics. If luck is synonymous with expectancy then my results are totally luck.

Admit it - your profits are based on luck

Remember in grade school when you would go to the teacher with a question and as you read the question to the teacher the answer came to you? I think it just happened to me. Haha. If Gambling=Trading then Luck=Statistics. I kinda thought this thread ...

Admit it - your profits are based on luck

What if I say this; after 70% of 1 hr pin bars, price reverses 20 pips? Surely it's luck if I win the first 10 trades but after 1000 trades and winning 70%; it's a statistic, right? I don't care what the macro trend is because I'm in the market for ...

Admit it - your profits are based on luck

spider i'm not saying the FED doesn't donate money to Wall Street to gamble but can you give more insight or examples? This week alone the FED gave over 200bio to Wall Street banks.

3.58% of Forex Volume is Gone?

My liquidity on Currenex at PFG has improved with JPMorgan taking over AIG's role. Typically during those 10 pip gaps on the EURUSD AIG would spread out 5+ but JPM keeps things pretty tight usually no more than 2 wide. I'm happy with the new ...

3.58% of Forex Volume is Gone?

so much hate in such a small thread. TD, my man! What is up? I appreciate your IQ and appreciate your system trading comments, but I have to poke a couple holes in your "success in trading is luck" thesis. Luck is not 100% or 50% of my success. If ...

Admit it - your profits are based on luck

I posted a few threads in my day on forexfactory. url This is the only one I can seem to find. The tick volume on MT4 charts is a % of the real tick volume coming through the broker's portal. Their portal probably sees 80% of the ticks in the spot ...

Application of Volume in Forex

The move is similar to a rate cut in the fact it creates more USD's but we have to remember UK EU AU NZ are all trying to devalue their ccy's faster than US. Also consider US was printing 30bio per day during the peak of the subprime blowout earlier ...

Fannie and Freddie Mac deal --> Treasury printing

Using today as an example I would say use what you need to decide on the trend. If I did not have Gold and Oil to look at I would have considered going long with Jacko and the gang at 1.4450. Instead I saw Gold as very weak and Oil has selling ...

No Brainer Trades

why the hell do people get infractions on this board more than any other board? This system is quite good. I'm impressed by it. I'm creating something similar and randomly stumbled on to this thread while looking for my buddy's thread. "Luck" is an ...

A Basic Breakout System

Great concept but I think the failure will be due to "static" limited scope of a single ccy pair. If you combine the wicks of 4 pairs I think you'll come up with a much more reliable trade. I've done this myself just looking at EURUSD GBPUSD USDCHF ...

Neural Network Trading, Serious people only!

Silver is considered an industrial metal more than gold and I suppose Gold is more liquid than silver which is a joke in and of itself but more liquid contracts gap less often and the commodity rally would be more interested in true commodities than ...

Gold Discussion

Oil moves in $10 steps. I would not be interested in buying EU until oil touches $110. Then oil should move to $120 and then back down to $100.

No Brainer Trades

USDJPY at 50% of weekly retracement

No Brainer Trades

I apologize for this inconvenience. If you're not flipping through different time compressions then yes these indicators will freeze. I restart the platform or click the profile on the very bottom of the platform and select the profile I'm currently ...

Cross Hedge EURUSD USDCHF

Here is the USD fakeout from today. On the 4 hr chart I have a red horizonatal line on the CCFp which usually creates a reversal for the ccy hitting it. Today we saw a bounce down from that level but then a surge of power straight through it. ...

Cross Hedge EURUSD USDCHF

I don't believe there is much use at such a low timeframe. My setup is actually a MTF. I look for the 4hr TF to continue its trends and I try to spot reversals on the hourly. The 15min is for fine tuning.

Cross Hedge EURUSD USDCHF