You're welcome.

Overlay Indicators - I've seen this lots of times but.....

You have just discovered the inherent weakness of oscillators. Consider it an object lesson. Now it's time to move on the next lesson. How to deal with this specific problem? This is a natural part of the learning curve.

USD/YPJ why is it so strange...?

When you drag the MA from the Navigator window onto the RSI pane, the properties box will appear. In the "Apply to" box, select "First Indicator's Data". That will apply the MA (or any study) to the existing study.

Overlay Indicators - I've seen this lots of times but.....

Add a MA to the chart. When the properties box appears you'll see a box on the top right which reads "Shift". Its default is 0. If you want to shift to the left, use a negative number, such as -3 to shift left 3 periods. Use a positive number to ...

Displaced Moving Average (DMA) Indicator

You need to know basic statistics. If you don't, then learn them. Most people don't know them...the first world is fast becoming innumerate.

How important is a knowledge of maths?

There is a discussion going on about EFX at another very large forum. In it, they discuss the swap rates. Here is an excerpt. It's all part of doing due diligence. To be fair to EFX, you should go read their response. ...

MB Trading Futures - Introduction

The problem with using a system that someone else created is one is left with a distinct lack of ownership. This leads to a lack of confidence in the system which is absolutely essential in order to trade through the drawdowns. It is in our nature ...

Why Traders fail despite of good system available here in Forum??

Yes, I got one a few years back when I was still working at the university. I was inspired to play with him and here are the results which I has sent out to my colleagues. It was pretty funny at the time. This is the first message I received from ...

US trader ordered to pay back $35m

Thanks all. Peter, a few of the respondents have shown what you need to do with testing your trade results. As Bundy pointed out, you've got to find what works for you. Good luck. Nat

Mathematician's help needed...

When you enter a trade, do you have a target(s) you're aiming for? Many technical systems will have targets, whether it be S/R, Fibs, etc. Many systems will have multiple targets, such as a support level. If it zooms through it, the next support ...

Mathematician's help needed...

Who really knows for a fact? It's inferred and I'm guessing it's not far off. During the daytrading craze of the late 90's in the US a huge amount of accounts were opened with places like Ameritrade. Figures have reportedly been released, and I saw ...

Reliable Statistics about Forex

Go to this site to get some in-depth analysis of the news. There are many other sites that will do the same. http://fidweek.econoday.com/calendar/US/EN/New_York/year/2006/month/10/day/16/daily/index.html One of the mistakes inexperienced traders ...

how to interpret "Forecast"

Forex is not a centralized market. There is no way to see what all the players are doing. There are ways to see bits and pieces though. For example, the COTs will let you see what the futures traders are doing. Oanda reports on open positions so you ...

Reliable Statistics about Forex

He isn't saying "no one can do Forex". He's saying that not many will succeed. It is precisely the low entry barrier that leads so many to believe they can make a living from it. Most highly paid professions have numerous gatekeepers that keep out ...

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

Rofl...glad to share it. I picked it up from someone, somewhere. I'm sure there are lots of other things I don't know about though. The Strategybuilder forum is probably a good place to pick up tips about MT4. You're dating yourself quoting Timbuk ...

Custom Fibonacci Indicator Available?

The second seems to reveal more than the others. Did you forward test it trading a demo account? If so, that's great it works, but you have no idea if you'll work. It's a completely different game when you're trading real money. Rule of thumb is the ...

which market wizards book is best for forex?

Three Pervasive Myths in the Trading World By Brett N. Steenbarger, Ph.D. "My work as a trading psychologist has provided me with a fascinating window on the factors that separate successful from unsuccessful traders across a variety of settings, ...

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

14 is fairly effective. However, a more valuable question would be concerning the horizontal lines.

RSI Setting

Here's a little tip for the MT4 fibs. Open up the Fib properties box and go to Fibo Levels. In the description box put @%$ so it looks like this: 38.2@%$ This will put the price on the line. It works with both ret and ext.

Custom Fibonacci Indicator Available?

My math is correct. The poster stated, clearly, in no uncertain terms, that $100 doubled every month will equal $1,000,000 in 9 months. It doesn't. I pointed that out. I do understand what you said, but that wasn't the point, was it? His math was ...

looking to build aggressive MM strategy