Disliked{quote} Clemmo17 I never used IHK . And every time I have expressed such ideas even very diplomatically I was shot on sight by IHK believers !Ignored
What is A book vs B book in Forex trading? 30 replies
A book forex brokers VS B book brokers, differences? 12 replies
Traders' Book Club 10 replies
The Book Club 5 replies
Disliked{quote} Clemmo17 I never used IHK . And every time I have expressed such ideas even very diplomatically I was shot on sight by IHK believers !Ignored
Disliked{quote} It would mean messing with tradition and nobody likes that!Ignored
When pension funds began to invest in commodities it was one factor in the sharp rise in commodity prices
DislikedThe explanation for the many "false breakouts" generated by the Ichimoku method is very simple: 1: Standard parameters of the Ichimoku method: The 26 Day Moving Average is based on the fact that when the system was designed the Japanese market was open on Saturdays. Which gave us an average of 26 trading days per month. Question a) should we use the same parameters now that the markets are closed on Saturdays? Question b) should we use the same parameters on Forex which is open 24 hours a day? 2) "What are Senkou Span A and Chikou Span really?"...Ignored
This is a reflection of how “the productive capabilities of humanity are distorted in an increasingly dysfunctional capitalist system”
DislikedICHIMOKU Obviously in Daily the combinations (7/21/43) or (8/22/44) work better than 9/26/52! It is not difficult to understand. Originallyduring the tests carried out by Hosoda the trading week was 6 days. 9 days is 1.5 weeks. 26 days represent 1 MONTH (30 days - 4 Sundays) 52 days represent 2 MONTHS. To my knowledge on the CAC 40, DAX, SP 500, NASDAQ, DOW JONES etc the trading week is 5 Days. 1.5 weeks = 5 x 1.5 = 7.5 or 7 or 8 when rounded. 1 month = 5 x 52 / 12 = 260 / 12 = 21.66666667 i.e. 21 or 22 rounded 2 months = 21.66666667 x 2 = 43.33333333...Ignored
“Without too much exaggeration, it can be said that while the brokers took the bankers for a drink in a City bar, the bankers took the asset managers, fund managers and corporation executives to the Wimbledon tennis tournament or Premier League football matches. The bank clients claimed that their business jollies and weekends away to attractive destinations were justified by them attending an ‘important’ conference to listen to people like me talk about the financial markets.
The dealers in the banks, the ‘risk takers’, saw themselves as the real workhorses, delivering the profits. The brokers were, at best, seen as a necessary evil, only required to line up clients for the dealers if their own sales people could not manage it. Meanwhile, the dealers’ opinions of the economists in the dealing room varied from the obscene to the temporarily grateful, depending on how the latest piece of advice had cashed out. If an economist actually took on some personal dealing risk, as I did on occasion, but which was very unusual in banks, then there was a certain credibility to be gained from being willing to ‘put your money where your mouth is’ and take the pain of a potential loss on a deal done.”
DislikedMoreover it seems that no serious guy (like me ) has ever fully read some books on Ichimoku. One book is enough, the others are just demarcations of the previous. For the average guy Ichimoku is a thing with Chikou, Kumo etc . Nice But it is not only that, it is also a Time Theory and a Wave Theory Have you ever heard about it ? Why the guys disserting at length on Ichimoku threads do not discuss both theories, do not use them in their Trading ? {image} {image}Ignored
Disliked{quote} Now I will have to repeat my testing but using your parameters to see how it is improved. I need an army of assistants to catch up on my testing backlog.Ignored
Who reaps the returns?
-It’s not just rich people who own financial securities
- savings plans
- endowments
- pension schemes
- 93 percent of the families in the top 10% of income distribution owned equities
- Nearly 29M people
“The extra power in the world economy that the financial system provides is made available mostly to those with privileged access to finance: the corporations and states of the richer, more powerful countries.”