On gold That hedge fund manager you referred to was probably Henry Paulson. He suffered a huge $750 million loss on Sino Forest recently (from what I've read it was basically a ponzi scheme). He is very well known for his bet on the housing crash ...

Reminiscences of A Forex Speculator

I'm glad I could help. Fair enough. I am actually using 'mushy' indicators myself. I've set my M30/H1 trend indicators up in a way that leaves a lot to interpretation so that I don't get the false security offered by simple mathematical formulas ...

Reminiscences of A Forex Speculator

Hey xXTrizzleXx, We all miss the mark sometimes and interpret information to fit out preferences. Your performance has been remarkable recently and I hope you don't start reorganizing everything because of one bad trade. It is important not to take ...

Reminiscences of A Forex Speculator

Perhaps we've been following different news pieces or interpreting them in a different way but it seems to me that these remarks made during the press conference were unexpected:We acted auto that here in the United States as I described, in ...

Reminiscences of A Forex Speculator

I had been told be 'keep quiet' about this, but now that the cat's out of the bag I guess it's fine to talk about it. It was all fun and profits while it lasted, but a few months ago I started overtrading heavily and this happened: url I ...

Smexy Trades

Are you drunk or something? The FOMC statement won't be released for another hour.

Smexy Trades

I understand. I use CFP and CCFp I downloaded from TSD (the ones on MQL has updating problems) and they work just fine for my purposes. On my live account I only trade two pairs, but I've demoed the CFP on 10+ pairs and it worked like it should. All ...

Currency Strength Analysis

You will find some of them here: List of movies, documentaries and videos related to trading. I hope people don't add Wall Street 2 to the list. It was an absolute disgrace. The actors, the script and the takeaway point were all rubbish. Yuck. The ...

Trading Movies

Relative currency strength analysis is something I discovered a few months ago and I see that it's gaining popularity on FF. There are quite a few tools and indicators available and virtually endless way of applying them. From what I've gathered ...

Intra day currency strength/weakness...

Thank you, Tact1cal. I now see that it's definitely the font size. My pdf version has bigger pages (A4 as opposed to standard A5 for books) and smaller font so it's all well. I did exactly that but Sowell's books don't have the 'Look Inside' feature ...

Reminiscences of A Forex Speculator

All of the indicators work fine on my real and demo platforms so I haven't really kept tab of that. Perhaps you should get a demo account with another broker and see if it works there. Then later you can use the demo account to help you trade ...

Currency Strength Analysis

Hmm. I've got a copy I got online that's 310 pages. Google Books gave about the same page count. Amazon gives 700+ pages for a hardcover copy. I hope it's the font size that's playing a role here. Otherwise I have to start looking for a new version ...

Reminiscences of A Forex Speculator

MuddBuddha Thank you for taking the time to write down and share your thoughts with us. I find myself agreeing with what you wrote and I copied a few lines that struck me into a Word doc. They struck me because I recognized myself from the ...

The Competitive Edge in Trading

No sane person is going to hand out an edge for free. I put those links up so people could get an idea of what went into these indicators and what they do (some are for trending purposes, others for signals). There is no right or wrong way of using ...

Currency Strength Analysis

I had a lengthy post all written up but I lost it due to power failure (I pulled the plug on my laptop). So here is a short summary of what I found. During the weekend I took a look at Friday's charts and I discovered that my trend indicators were ...

Reminiscences of A Forex Speculator

xXTrizzleXx You mentioned the potential doubling of the EFSF and although from a trading point of view there are far more pressing issues than the long term implication of doubling/tripling the EFSF, I have a few thoughts about the longer term ...

Reminiscences of A Forex Speculator

Ure, if you're going to try the (excellent) indicator posted by Goldflight you should know how this and other similar indicators function. Here are two articles that give some insight: Theoretical Basis of Building Cluster Indicators for FOREX ...

Currency Strength Analysis

I'm afraid that post is going to have to wait until tomorrow. I just had a wonderful dinner and a lengthy conversation after that and feel totally drained. I'll write the post tomorrow.

Reminiscences of A Forex Speculator

I call it organized chaos. In all seriousness the human brain can store and process unimaginable amounts of information better than any machine. As long as there isn't too much information to process I think you will be able to manage it without ...

Reminiscences of A Forex Speculator

REPLY TO TACTICAL It is interesting that you should mention Thomas Sowell. I haven't read his book (just now went and downloaded a full 310 page PDF version of the book via Google search) but I have heard him being interviewed by Russ Roberts of ...

Reminiscences of A Forex Speculator