looks like someone read the thread about what 10 pips a day gets you... to the OP, maybe if you researched things yourself...e.g. read the "trading system" forum, experiment for yourself, etc. Asking questions like this will only lead to questions ...

Any system that generate only 10 pips/day?

I have to agree with: But also, if you're asking who's made 1mil, i think your expectations are largely outta whack. IMO, most newcomers seem to want the quick buck. Once you're comfortable working for the money and once you understand it won't come ...

Who's made a million dollars?

I think we'll break resistance during the asian session tonight...the news for tomorrow will bring up recession concerns as well as oil and inflation concerns. As long as the fed doesn't raise rates, which i don't see happening, I'm waiting for the ...

Cable Update (GBPUSD)

I can't seem to find a good reason to sell at 107.5...unless he's trading a MA crossover on the 5min TF. I would hope his SL has already hit... I wish i would have been watching USDJPY. Earlier today it made a nice double bounce off a fib level. It ...

Group Trading Usd/jpy

I believe that there are certain rules that are followed regardless of pair...S&R and price action seem to be universal.

95% of traders don’t follow rules

ycomp, at this point i don't know whether you're agreeing with me or not. But in your rush to point out another's ignorance, you neglected my point. Can anyone hit the "buy" button and know it's a winner? NO. People can have a reasonable ...

what's the purpose of an account, anyway?

It's simple risk:reward... eg. 1:4 or 5%:20% In a 100k account, i'll make 20k, but only lose 5k. So if for every 3 losers, i win 1, i'm still profitable by 5k. Lets improve performance: if for every 3 winners i lose 3, i still am profitable by 45k. ...

what's the purpose of an account, anyway?

Short term, i think we'll see 1.9500 easy, but longer term, i think we'll see a range develop between 1.95 and 2.00.

Cable Update (GBPUSD)

About real estate... I'd rather invest when everyone gets excited about the economy again. Whether we go into another depression or not, people with the money will wait it out until it's safe. Just like forex, trying to predicting the market will ...

Going for broke

imo, going broke involves being greedy and stupid. Whether forex involves either is more of a personal assessment than a statement... However, I don't see forex as a ticket to "hit it big". I like forex for the same reason i like strategy games: the ...

Going for broke

my favorite color setup... all of my trend lines are red, except for monthly or weekly trendlines which are blue...i think.

Pimp your charts

Try being less conservative...at one point i even got rid of my SL all together, but my first loser took any profits i had. What i do now is look at all my charts. I determine levels of support and resistance and place trades accordingly. If i put a ...

need help with setting stops

expat is right. Simplicity is key. When i first started many years ago, i thought i could find a mix of indicators that would be my "holy grail". I would put 2 or 3 indictors on one chart, i would put indicators of indicators...but those only worked ...

A question for the wiser and older here!

If i understand your question right, you're looking for the beta of a portfolio. As long as the correlations are to one currency, it's just the average of the correlations. url That should get you started.

Statistical arbitrage, hedge, or bluffing myself?

I see forex in the same light. But that's my philosophy and how i see the market. For your purposes, could you not overlay a SPOT price of the EURO and a SPOT price of the USD? From the way you sound, it looks like you want to derive strength of a ...

Proposal for a forex technical indicator - Pair of Indexed Currencies (PIC)

v. 1mil it's possible, just not smart. /thread.

Is it possible to make 20k to 70k in short time (7 weeks)?

It sounds like you're looking for your stoch to not only operate as a ranging indicator, but as a breakout/trend indicator. No indicator can indicate everything...if that makes sense. It also sounds like you're looking for your EA to trade ...

to go long at undervalue or not yet overvalue? Which has a higher probability winning

I don't really understand what you're code is suppose to do...but i'm not a metatrader programmer either. But to answer your question... double Myfunc() //declare your function { double MyArray[3] //declare your array MyArray[0] = x MyArray[1] = y ...

How to make a function to output an array?

I actually find it very exciting. If you find it boring, why are you doing it? Not to mention the fact that it takes maybe 30min to 1 hour to analyze everything and place trades. After that, you can go do something exciting.

What I learned this week

I saw a few things in the news today. 1. negative trend in nonfarm and unemployment. 2. Unemployment reaching a new high in the last 16 months. 3. Wholesale inventories came out lower than expected and lower than the previous report. By far, ...

Nonfarm Employment Change