Perhaps, although I still think there may be some potential to it... Nice idea but I don't think I could compete with the existing liquidity providers on an ECN, they'd always get filled before me. (Not that I'd have the know how anyways...)

Trading volatility - a possibly interesting exercise

The point is to constantly book your profits in order to capture the volatility. You opened the first position at 1.1000 and every position has a set TP. Since price hit the TP, you close the long and open a new one. You don't know that price will ...

Trading volatility - a possibly interesting exercise

Damn, so much for originality! OK I'll take a look. But I assume that people doing grid trading have encountered this same problem - has anyone come up with a genius solution?

Trading volatility - a possibly interesting exercise

Why would it be impossible to have price move in your direction after you enter? What if you were privy to illegal inside information? Or what if you had another way of telling, in certain specific situations, what price in all probability will do ...

Money Management - the art of the exit

Entry is the most important because even with very tight MM, if price always immediately moves against your entry, you'll die the death of a thousand cuts. If your entry is such that price always immediately moves in your favour after entry, then ...

Money Management - the art of the exit

I have that software and you can automate your testing too. But you need to program your strategies in either delphi or c++.

Looking at charts history live?

OK that isn't radical lol. Bear in mind that each dealing bank will have its own order book, so one dealer may have interest in price going up whereas another may not. Plus it's not all about hitting stops, there are always client market orders ...

A quite radical approach to forex trading

If your spread goes as low as 0.5 then I suspect you rarely get 4 pips. In that case you will rarely have to wait, generally it will be between 0.5-1 pips, and although you may save 0.5-1 pip on the spread, there is also the opportunity cost - wait ...

Spreads make a difference

Quoting this excellent post since everyone seems to have missed it...

It's kind of curious...the war between price and indicators

Both your examples use the trend. I disagree, you don't need a trend to profit. All you need is for price to move. Trend, range, spike, retrace, etc.

It's kind of curious...the war between price and indicators

To be fair, orderflow and market structure isn't necessarily "DS", it's just the way the market works and you can learn about both from academic papers (Lyons, Osler).

It's kind of curious...the war between price and indicators

Responding simply to the thread title, if you have a BS filter you can probably block out the majority of info on this site and others. Learn the basic fundamental facts about the market, once you have a good understanding of it you'll have a ...

Information Overload. How do you avoid it?

Hi Max, If you don't mind, did you trade this "system" in August, and how did you manage it during that time? Just in general, not each specific position. I read the first 110 pages and then only Spieler's posts from then on (and yours, of course) ...

Hedge trading spieler system derived from futures spread trading

Oanda opens the earliest of any dealer I know of at the weekend, generally around 18:00 GMT on Sunday though sometimes a bit later, while IB opens ~22:00-15 GMT. IB's weekday daily candle opens at the same time, 22:15 GMT, while Oanda's normal ...

It's kind of curious...the war between price and indicators

Most candle/bar opens/closes are arbitrary prices - i.e. they just show where price happened to be on the hour mark, nothing real opened or closed and thus they are not any more significant than where price happened to be at any random time. As far ...

It's kind of curious...the war between price and indicators

url Check out John1's posts (they start on page 9).

It's kind of curious...the war between price and indicators

Just wanted to add my thanks for the link. It really struck a chord with me and has given me a lot to think about. P.S. @Cindy: BUMP!

Let's be Honest

lurkmoar

Bird is the word - 1 word trading advice