Hi natejax, the statistics are a small part of the overall profit goal, and it's entirely discretionary on my part... however, it revolves around price being extended away from the 1HR/4HR MAs with MACD overextended, or bouncing around in a range, ...

15 pip trigger system - I've "got it" too

That is the best metaphor I think I've heard as an explanation for the new trader versus the experienced trader and explains the difference in me from 3 years perfectly. I've been thinking about it a lot recently as I've taken on a few guys to train ...

15 pip trigger system - I've "got it" too

No worries ubee. It's my issue I suppose as I have an (admitted) problem where I point out unqualified statements of fact, when the evidence says otherwise, rather than keep quiet and let it go... I found it actually affected my trading and stopped ...

15 pip trigger system - I've "got it" too

ubee, the evidence you provide has blown me away - my eyes have decieved me these last couple of years. You should start your own thread to pass on the knowledge! The 20 I took on the first 4HR candle of the week (alpari feed) may disagree though... ...

15 pip trigger system - I've "got it" too

too much haste, less speed... my fault, I wrote the post last thing at night (I'm in New Zealand) and on the spur of the moment. To clarify, the pdf explains on cable for a 15 pip move from a new 4HR bar open, that the chance of it moving another 20 ...

15 pip trigger system - I've "got it" too

Brilliant! — Hi The Hun, your story made me smile It's not just me then....?! haha! I'm not a frequent contributor to forums anymore, so excuse my bluntness... but you need to get your head straight!!! The good news is though it's an ...

blew out another account...Just venting...

Hi, There's a lot of similarities between us on this career path and although I use different systems, it doesn't matter, money management and a complete lack of emotion when it comes to trading are the lynch pins to success. I'm not full time ...

Fulltime Cable Trader

I'm currently working on an IT project for a government statistics agency... and what Akuma99 says is correct about the time it takes to compile the figures. There's stories on the net of Soros et al having eyes in statistics offices and treasury ...

Fundamentals - The Ultimate Lagging Indicator

Fortunately I've let the 'grammer nazi' inside pass away quietly , so looking forward to the content! - where are you based?

Curious...

I know what you mean... it's about wanting the worst system in the world, thus take the opposite trade. (I think I had that system for a while but traded in signal direction... ) I'd be interested if Claude could backtest it though, especially ...

'Vegas Wealth Builder Part II'

Looking at the 1701 time with a net profit of -102180, would the opposite be true? i.e. if you traded in the opposite direction to that candle would the profit be $100k? What it also seems to be saying (please correct me if I'm wrong!) is that after ...

'Vegas Wealth Builder Part II'

Hi, Being in NZ and confused about times... could you give the times in GMT? or what time you started your time analysis (in your attached pic) from the top of your sheet in GMT. Excellent analysis by Claude and rjb1024! edit... read your original ...

'Vegas Wealth Builder Part II'