Hello. I do not attempt to know the future, ever. So, I will sit out for major news releases. While I am obsessed with trading, I target the mathematics, not the economics. Economics is too much reading, too much predicting, and too inconsistent for ...

Why Technical Analysis Wins

Fundamental analysis is guessing what people will do before they do it. No one has the actual data ahead of time, so LOL, how can any logical person risk their money? It is good for trader salesmen who are using other peoples' money and wannabes who ...

Why Technical Analysis Wins

The daily data of top stocks was posted in the newspaper in the Financial Section. Don't know if Forex was ever there because in those days I didn't know Forex existed. Wall Street traders who did not have a tick machine often used the Point and ...

The History Of Real Time Chart Based Trading

I think this was part of a TRO indicator that we spliced because the original was too resource intensive. You should not feel this one straining your computer, but of course, that depends on how many bars you have programmed to view. I use 2000 so I ...

LFX Trading Proverbs

Have you ever thought much about your settings? First of all, any setting provided in a standard indicator from meta trader is wrong. If it was correct, everyone would make money. I never use MACD because it has a tendency to diverge, or in other ...

TDI Trading... Ideas welcome!

You do not have to defend your technique to me. I don't care about it. All good. Just telling you what might happen because it happened A LOT in the past. You are placing pending orders, and that is how the big banks trade. The market makers SEE ALL ...

Simplicity is the Ultimate Sophistication

This method sounds a lot like the London Open strategy. Each time it is marketed, it seems the market makers hear about it and start sweeping both directions at the London Open to activate the pending orders each way, then roll up and down to ...

Simplicity is the Ultimate Sophistication

[quote=cat;9635737] I pulled it.

There is no such thing as technical analysis

You are a "very profitable fundamental investor", but can't figure out how to measure market behavior? That's funny. Well, good luck to you.

There is no such thing as technical analysis

Old thread that looks like it was ignored. The questions do not refer to a system, so perhaps that is why?? Does the psychology of the trader determine the winning rate of the trader? Of course Having end of the week objective or aim help assist the ...

Questionnaire for "key traits of a winning system"

The Tom Yeoman currency meter has an option to draw a main line currency as a horizontal line and then all other currencies will cross over it as their strength goes up and down. It is not necessarily measuring price, and since it is a strength ...

How can currencies be analysed independently?

I think it is more like baccarat. Up, down, or tie. Most of the time it is really not difficult to know. In fact, it is boring, but it is the best way I know to make money

The Big secret to trading success

I have a software that lets me create custom subliminal audio/video. Not sure I would like that function on my mt4. I delete all the indicators I do not use and lower the bars to 600 so I have optimum speed in orders. Nice idea though

What helped you the most to be profitable?

I wrote this on another thread, but wanted to preserve it by putting it on my thread. Fundamentals create pending orders. Technicals analyze filled orders. One is predictive in nature, the other is after-the-fact. If you think you know the future, ...

LFX Trading Proverbs

You seem to have experience with more than one strategy. Consider choosing only the parts that work and then put them all together in your own template.

Keep one strategy or looking for something new?

I am pretty sure mt4 has a MACD EA. Make your fast 1 and your slow 50 and good luck. Or, if you somehow have a MACD on your chart with the 50, I guess like an Ichimoku or something, then leave fast 12.

Questions regarding EA/Automated Trading

Where is your business plan? You develop your strategy according to how you want to trade. 1. Hours of the day you plan to trade. 2. Pairs that are active during your trading hours. 3. Preferred time length of trades. Intraday, Daily, Weekly, ...

Keep one strategy or looking for something new?

I can understand how you might think that way. In essence it is really no different than supply/demand that you mock. It is the same exact data, but in a different format. Historical highs/lows. Funny. All useless in my opinion. I have never figured ...

What works, and what doesn't

Fundamentals create pending orders. Technicals analyze filled orders. One is predictive in nature, the other is after-the-fact. If you think you know the future, trade fundamentals. If you prefer to chase the money, trade the technicals.

technical analysis -or- fundamental analysis

I agree with your purpose. This thread is for you. That is all I was saying. We should be respectful to your posts because they are intended for your use, not ours.

My Line in the Sand