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- frothy replied Aug 24, 2011
ya but the point is not to predict price.....I do understand you have to pick a direction but your not ultimately predicting a price, your assuming direction from what the strategy tells you. Can you work around this? I think you can. Somewhat ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
Yes I like this...this is a good post. You nailed it perfectly, a conundrum! This seems like a good strategy, you mentioned volatility, ranging, market form and of course directional bias. I totally admit there has to be some sort of directional ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
Ok now we are talking....this is good. Can we apply this to an indicator? What sort of indicator out there can be applied to this concept.
Strategies that don't predict future price
- frothy replied Aug 24, 2011
aOk, lets say I see a pattern that is potentially a double bottom forming. Now I have no idea if the bottom is going to fall thru or go higher...if I decide to not worry about price direction but focus my attention on my stops and entry..wether long ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
No not necessarily. This is what I am trying to develop, strategies to harness randomness, without the focus of a direction, but a focus on protection. Someone mentioned that following a trend...very true but please develop a strategy that doesn't ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
Yes I agree...lets get this ball rolling....we are on the right track I think with random direction at a time of day...but that can be complex...patterns could come into play with placing a stop somewhere within the pattern...a certain part of the ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
I dont care about the complexity of the strategies...lets just work on something....
Strategies that don't predict future price
- frothy replied Aug 24, 2011
I know you have to pick a side when you trade...but I am not asking you to trade by predicting...instead trade by protecting and managing OR if we can develop other strategies. Ranges can break. Here is example....Of what I am trying to discuss. ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
I am not looking for a casino strategy or a average down rule. I am looking for a strategy built around not predicting price movement but yet incorporates other strategies.
Strategies that don't predict future price
- frothy replied Aug 24, 2011
No your not thinking direction when you trade......you are thinking protection....this could have all sorts of meanings. I am not limiting this to stops...because we there is more to this then just placing stops...but protection is part of the ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
I know its a tough concept because...1. we are trained from the gecko to try and predict price direction because you have to pick one side, either its going up...or its going down...so naturally you want it to go in your direction to be profitable. ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
well if you were to focus on your stops and where to place them, without the future prediction of price, then you can adjust your stops to be profitable. If we can start predicting our stop loss and building a strategy around your placement without ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
I disagree, I think that a good strategy is built by not predicting a price or direction but yet placing an appropriate stop. So instead of looking at where the market will go, its suggesting where the market isnt going to go, and therefor placing a ...
Strategies that don't predict future price
- frothy replied Aug 24, 2011
Ok. Some general guidelines to start. 1. When a strategy is posted it CANNOT describe a future price direction, reversal, or any type of prediction. For example, if one was to post a strategy that involved RSI in oversold territory, then that ...
Strategies that don't predict future price
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Strategies that don't predict future price
Started Aug 24, 2011|Trading Discussion|70 repliesEverytime I come on FF to see a new strategy or system, it always begins the thread by ...
- frothy replied Aug 8, 2011
thats what is all about....profits!!! stick it to the big banks...who repeatedly lose. I would go short...but I dont want to get caught with the "big" cover....
USD/CHF
- frothy replied Aug 8, 2011
that was one big cover!! I am expecting more of those....thats the thing about being down here.....never know when the big guy will cover.
USD/CHF
- frothy replied Aug 8, 2011
pipfarm...i hear your points. I do see that being short is technically correct. But you gotta check the weather in zurich and geneva....ITs going to be a high of 30 by friday!!!!
USD/CHF
- frothy replied Aug 8, 2011
if anybody is short....seriously think about covering. Just my opinion. Good luck
USD/CHF