You need to be dynamic with targets. Think about it, you have a target sitting out there expecting an outcome. The market has proven to you it doesn't work with desirable consistency. Given that the market is driven by greed and fear at its core, ...

FTMO - For serious traders

likely seen his 12 successful trades end with a huge loser and has run away.

FTMO - For serious traders

the point is the track record is far too small to have an informed opinion. I am testing a new trading strategy and in almost 70 trades I have had one loss and this is also too small to have an opinion.

FTMO - For serious traders

all 12 trades, wow, something to really write home about

FTMO - For serious traders

lol, regretting going commercial are we.

Commercial Chit-Chat thread

Take a hike

Trading fx fundamentals

2018-2019 can still be profitable trading the correlation. I don't tend to look for entire moves, I just don't trade that way. I find more opportunity and less holding risk by taking smaller bites. You see price zigzagging when that deviation ...

Trading fx fundamentals

if anyone is in doubt about the correlation of oil and the Canadian dollar, similar correlations exist for AUD and NZ but for different commodities. image

Trading fx fundamentals

So I have been testing one of the indexes on a test account that's been active since 22 October. 41 trades, 1 loss so far and 103% gain on the account. It is still early days and will know more in the months to come. I am developing a new trading ...

Trading fx fundamentals

it still is a strategy I use very effectively. I don't look at single forecasts I look at the range of forecasts but not for directional bias. I trade when the actual is off the forecast and direction is based on analysis of news flow, sentiment, ...

Trading fx fundamentals

I use trading economics, data exchange International, fxcm rates, and fred. Word of warning on economic data. If anyone knows me its one of the tools I use in trading but since this project started, I have seen how much of it is pointless for ...

Trading fx fundamentals

It's certainly keeping me busy. Regarding bonds, I don't use any bond data but for a good reason. I took various parts of the curve and overlayed them with the economy's ccy and its actually got a relatively weak correlation. It was one of the first ...

Trading fx fundamentals

you can get more info on what you are sending and other issues you wont normally see if you run this app while testing the code - its free url

Plot News / Downloader version 4.00

I suspect cloudflare is looking at the headers and agent and blocking it based on missing information or explicit blocking of none browser agents. You can configure all of these with the right programming library where you can add the headers for ...

Plot News / Downloader version 4.00

Yes and no, it's not as black and white as stating when a plus b equals c then d. Most of the time when the vix rises there is demand for dollars. Risk currencies like aud tend to be hit but sometimes risk aversion leads to dollar selling so I am ...

Trading fx fundamentals

small update I have started some RnD work on incorporating VIX. The goal is to fill the gaps between economic data and the standard deviation relative to the latest value of the VIX will serves as a weighing factor. I might need to parse news ...

Trading fx fundamentals

I've done the research, close to 1000 hours research to be more specific. Those indices you mention are comprised of a basket of currencies. I am not modeling exchange rate correlations, I am modeling economic data (no price inputs into the indices). ...

Trading fx fundamentals

introducing the USD-IDX and AUD-IDX. I have spent a lot of time building the index logic and a GUI to allow me to rapidly explore data, build and configure indexes, and overlay them with currency data. I need to subscribe to an EOD exchange feed and ...

Trading fx fundamentals

some of the good stuff on the way. Orange line is a composition of leading indicators working with the reserve changes offer excellent directional bias notification image

Trading fx fundamentals

I wanted to share something I found in building the economic data indices that I wanted to share. There is an inverse relationship between foreign fx reserves and a country's ccy movement. To show this I inverted it and overlayed over USD going back ...

Trading fx fundamentals