Rick, I'm not necessarily disagreeing with you, but - and I don't remember the specific details of the academic research article- the authors state that tick volume could be used as a proxy for true volume, or probably better to say, "degree of ...

Cumulative Delta Price Volume

Interesting idea, but tick volume is not true "True" Volume (in terms of the actual volume of contracts/shares, etc., traded). So, (@Lekkim) I'm curious how volume can be used as an indicator for trading Forex? I apologize in advance if this ...

Cumulative Delta Price Volume

You caught me

Three Pairs Hedging

Hi Headland, No disrespect, but probabilities-and trading edges- are still, technically a "guess". When you flip a fair coin, you absolutely know that you have only two outcomes, and based on the law of large numbers, those two outcomes will ...

Cable Update (GBPUSD)

Dave, Yes, but as I pointed out in the previous post, a rise in the GBPJPY can be due to: 1. Both USDJPY AND GBPUSD rising... 2. USDJPY rising whilst GBPUSD is falling, but the price move in USDJPY is > the downward move of GBPUSD 3. GBPUSD rising ...

Cable Update (GBPUSD)

lol.. grand conspiracies are always the best...

Cable Update (GBPUSD)

GBPJPY = USDJPY * GBPUSD i.e. you don't directly trade GBP against the Yen The GBPJPY price is dictated by GBP against the USD, and USD against the Yen. GBPJPY will go up: 1. if both USDJPY and GBPUSD are rising (and vice versa for falling GPPJPY) ...

Cable Update (GBPUSD)

Jeezus, there is no "conspiracy"... the EURUSD is dropping because, right now, traders deem that the USD is stronger than the Euro, on the other hand, the GBPUSD is going up, right now, because traders feel that the GBP is stronger than the USD. For ...

Cable Update (GBPUSD)

Trading is always a "guess" (a.k.a., probability).. best not to think in absolutes...

Cable Update (GBPUSD)

I’m definitely still hedging/averaging… slowly but surely adding small consistent gains to my account with very low DD…small trade size (0.5%) relative to bank..the trade management side- extremely flexible and no stress… just need patience to trade ...

Hedging/averaging trades without prediction

Actually, EURGBP is dependent upon the strength/weakness of EURUSD versus strength/weakness of GBPUSD and not the other way around... EURGBP = EURUSD x 1/GBPUSD www.forexfactory.com/thread/565244-mathematical-relationship-between-forex-pairs? file

Cable Update (GBPUSD)

Well, if the US does go to war with China, worrying about the USD strength/weakness (or any trading) is going to be the LEAST of our worries...

Cable Update (GBPUSD)

Not necessarily… I only add trades if price is moving in the direction of the original trade. So for instance, if I buy pair xxxyyy @ 1.09567, my next buy trade will be opened at 1.10567 (100 pip differential) and every 100 pips upwards thereafter. ...

Random entries - Let's take it to the extreme

Early stages of live testing...it does take patience, but maybe the lack of patience is why so many trader's lose? We shall see... Carddard, Not quite sure what you mean by "no significant difference over time?"

Random entries - Let's take it to the extreme

How about open trades randomly, but only add to the trades when they are moving in the direction of the original trade? This should minimize the DD... I discussed this above...

Random entries - Let's take it to the extreme

How did phase2 work out? Were you able to overcome the DD? Yes, a quadratic upside and quadratic downside... let profits run if you're going to let the losses run... e.g., open random trades of a Buy basket and random trades of a Sell basket ...

Random entries - Let's take it to the extreme

I'm a US citizen as well... and have an account with OANDA (USA). To set up the capability to hedge, I have a subaccount for only buy trades and a subaccount for only sell trades... not ideal, but it works if you don't mind switching between ...

Hedging/averaging trades without prediction

But actually reading, and understanding, peer-reviewed RESEARCH articles in PubMed is... plus, it's my job... and no, I'm not funded by Bill Gates or "Big Pharma"... YOU can't believe everything you read, or hear, on social media or the ever ...

Cable Update (GBPUSD)

Yeah, that's what I've been doing for the past 3 weeks... SLOW and steady...but relatively stress-free. I guess I won't be turning my $400 to $10k in 6 months, lol (although yazzie did turn $30k to $160k in a year trading in the same manner). The ...

Hedging/averaging trades without prediction

I think the issue at hand is the overlooked fact that Rob stated that he has losing trades opened for months and won't close these trades unless the trade basket has been successfully averaged into profit (or at least BE), or he can offset those ...

Hedging/averaging trades without prediction