The Swiss government doesn't have any say over the exchange rate. You have to remember that this came out of the socialist party members, who are just talking their book. I doubt they have any influence on anyone who is in charge of monetary policy ...

Reminiscences of A Forex Speculator

Hey, Trizzle! Looks like you're doing great. I'm sorry I haven't been around posting here much, I've been preoccupied by reading up on order flow (here and elsewhere), market profile, market microstructure etc. I knew this stuff was important but I ...

Reminiscences of A Forex Speculator

I've done extensive research with all of Semjon Semjonovich's indicators and my results so far tell me that it doesn't matter which one you use as long as you are comfortable with it and know how it works on different timeframes and with different ...

Currency Strength Indicator

Thank you for the offer. I'm definitely looking forward to testing it. I know what you mean. There is something wrong with the coding on 'Diff' indicators coded by FerruFX and that problem is specific to lower timeframes. The CCFp, upon which the ...

Currency Strength Indicator

The zero line is something you could watch out for, but relative strength carries much more weight - ie. where is your preferred currency in relation to other currencies. In fact I think the zero line is just a mathematical inevitability and you ...

Currency Strength Indicator

Seriously man, you don't need to reinvent the wheel.

Currency Strength Indicator

flotsom If I may be frank with you, I think you're being too cautious, too afraid to fail, maybe a perfectionist even. I recognize this because I catch myself being too cautious at times as well and it helps to remind myself to take on some risks at ...

Currency Strength Indicator

flotsom Have you tried using the CCFp-Diff indicator posted by FerruFX on this thread? It has everything you need (example below). I don't understand why you would need to program something new. There are numerous version of the CCFp-Diff indicator ...

Currency Strength Indicator

Here's a look at what I see via MT4 (monthly profiles). The profiles are probably much more pronounced and accurate on charting programs that are designed for it and for markets for which there is sufficient volume data (currency futures), but I ...

Auction Market Theory and Market Profile

I did the testing and the results were pretty disappointing. TMA is too good to be true and TMA True is just not good enough (it's good in absolute terms, but not in relative terms - it doesn't fit my existing framework of analyzing moves).

TMA Reality Tour

I can definitely relate to what you're saying here. Although I've had my share of 'a-ha moments' while studying charts and reading books during a period of no trading, some of the greatest discoveries I've made have been preceded by spectacular ...

Forex Trading & Secrets!?!

Done. Yes, but which value areas would you use? The weekly or even the monthly one would tell you the new high/low is unfair value. If you drill down to the intraday value areas by scrolling back in time you would see something different. That's why ...

Auction Market Theory and Market Profile

Yes, you are right. I am so fresh to this new way of looking at the market that I initially focused only on the very obvious (POCs, that is). I've done some reading in the interim and I realize that it's much more than just that. Very interesting, I ...

Auction Market Theory and Market Profile

I recently asked a question about market profile and I was directed here by Intel. Initially I didn't want to disturb your thread, but here I am now. Could you please take a look at this question for me?

Auction Market Theory and Market Profile

This is nothing new. Incremental lot size changes are the obvious answer. You don't go from trading 1 lot to trading 2 lots. You do it step by step 1 -> 1.1 -> 1.2. Obviously you can't do it in the futures market, but that's where the retail spot ...

Forex Trading & Secrets!?!

Great! PS. I found a slight mistake with my calculations above (1.006837 --> 0.0683% per day is wrong, it should be 0.683% per day). I made the adjustments in my post above to reflect that.

Forex Trading & Secrets!?!

If you're consistent in your trading, then... Assuming there are roughly 250 trading days in a year (5*52 - 9 or so holidays) and therefore 1250 trading days in five years we get the following: image = 1.006837 --> 0.683% per day image = ...

Forex Trading & Secrets!?!

flotsom With your initial post you have summed up the problem that every relative strength trader faces. I hope the indicator I provided above will help you. I have attached a chart below of what I think it is that you're after. If the dark chart ...

Currency Strength Indicator

There are several versions of the CCFp indicator that have a ROC display slaved to the left corner of the indicator window. The original CCFp didn't have that display, but it was added after several members asked for it on this thread. The display ...

Currency Strength Indicator

Let me clarify that a little bit. During the whole year, I did not draw one trendline (I dumped them because they didn't work for me). It was only after I began testing trendlines again about a month ago that I discovered I had developed the eyes ...

Reminiscences of A Forex Speculator