Is this really THE question? — Hi Vogon, I discovered FX only a year ago. I trade only demo to get a feeling of the market and to test ideas. So I can't consider myself a trader. I'm a computer scientist and I'm only trying to solve a puzzle ...

Extracted Thread (per thread starter's request)

Let's imagine the market is an irrational normal number (being PI or any other). Let's also imagine some genius finds the equivalent of the Bailey, Borwein and Plouffe formula for this "market number". You can now know if the Kth bar will be up or ...

Extracted Thread (per thread starter's request)

If it was a car — Hi, Imagine you bought a car last year. $20k. You sell it today. That's a used car. You get $17k. Who took the missing $3k? (here there's no broker!) The car salesman? Instead, keep the car 20 years in a garage. That's now a ...

Who gets the money from a loss trade?

You can't evaluate the standard dev of something you can't mesure — Hello Pipsgeek, Here is your major problem. How to define the signal is "correct"? Additionally it may have degrees of correctness. Not only two possibilities... You could ...

Trying to calculate the probability of an indicator being correct

No that's not what I meant. But it is not important. My first post was to point out that people reject any idea based on beliefs rather than pragmatic approch. All wrote the equivalent of "it's well known impossible (I read it on the Net/my brother ...

i want only 1 pip everyday

And you fell so easily in the trap by throwing an a priori with no explanations. I expected more flame and destruction against my post yet...[disappointed] Technically it is not impossible to achieve. For instance, you take a cross of ...

i want only 1 pip everyday

So many wrong assumptions... — This thread is only 3 page long and there are so many wrong assumptions! I don't know if such a system may exist or not. Yet I would never reject an idea based on guts feeling and wrong assumptions. - Wrong ...

i want only 1 pip everyday

Hi, I discovered FX this summer, I'm only demo trading. I definitely don't consider myself any expert :-) That was just an idea I threw in the air. I didn't expect a lot of answers. If any. As you are a live trader, I'm extremely interested in ...

S/R Area Algoritm

i had a look and must say I wasn't impressed... I checked my results and have to say that I missed two other S/R lines. There are 4 prices: 1.3373, 1.3682, 1.3823 and 1.3956. You may add 1.3893 if you lower the thresold from 2.7 to 2.5 Drawing the ...

S/R Area Algoritm

Hi esquire, I'm also interested in this. I strongly believe that an S/R is a zone, not a line. Market is moved by people. People just consider 0.997 and 1 are just the same. That's why I'd say that the pitfall you describe may probably be a ...

S/R Area Algoritm

Thanks you for your time and the values. In fact I'm interested in the algorithm which produces them. How do to get +30%, -10%, -15%... That's the interesting point. Much more than the values themselves. At step 1, the +30% are 3 times the $100 ...

The Rockenbach System

Of course the example system I chose is bad (on purpose), yet the mathematical expectancy is positive. 30% success rate with 10:3 R:R leads to E = 0.3 * 3.3333 - 0.7 * 1 = +0.3 (poor but positive) A 60% successful system with 2:1 R:R has an ...

The Rockenbach System

compounding money management — Hi everybody! Frv can you please better explain your compounding money management ? From what I understand, you risk 30 pips to get 100 pips. You size the lot so that 100 pips is your target amount. Each time you ...

The Rockenbach System

Can this high be a X point? — Hi! May someone please explain me how the points, especially the X and A, are selected in order to form the patterns? I've read the three books by Carney but still can't figure out whether the high circled in this ...

Harmonic Trading