I've said a few times lately that the market taken as a whole (all price data) does approximate a random walk, however, the market is not random. There are what I have found to be informative periods of trade regarding near term direction. The true ...

How to properly use Technical Analysis

Yeah, I don't think that the market will shift too much towards the right (speaking in regard to the chart I posted) with further data. We have to start with what we know about the market, thats what I'm doing. All my test shows is that the market, ...

How to properly use Technical Analysis

Nub, I'm proud of ya bro. You are really excelling and making very cogent arguments. You are absolutely right. It does not matter how a person wants to trade, the most important first step is to define exactly what you are doing. It's ...

How to properly use Technical Analysis

Yes, 2011 was good to me. Still learning and adapting almost daily. I look forward to seeing what 2012 has in store. How was your year?

Times to stay OUT of the Forex market completely

Look at the most liquid trading hours, they are the most volatile in FX. *** Edit*** You are 100% correct in your assumption though.. Weird, I know. I think what it boils down to is that the low volume hours in fx (low liquid overnight) are low ...

Times to stay OUT of the Forex market completely

Low volume makes for low risk anyways.. The markets just don't move. Come mid next week though we should be rolling strong again, the markets will return to their normal volatility (become more of a risk)

Times to stay OUT of the Forex market completely

Short of having a crystal ball, you are correct. Good luck to you.

How do you do your market research?

Dude...Don't cancel Christmas for low liquid trading...Trading will be QUIET until after new years. It's time for the world to take a couple week break.

No Trading Today 26th December 2011?

The market exists to discipline those who like lots of leverage. Also, forget about the whole compounding thing...for now. Keep your positions equal for periods determined by you. Don't step up your leverage/ trade size every time you make 10 pips. ...

The Catch 22 of Trading

While there might be reasons to enter long or short at any given time, the reasons are not usually equal. You need to trade with the heavier side. If a hedge fund just sold, you should sell instead of buying with the Audi Corporation. Just saying.

Is it true that anyone can succeed using any strategy?

Price data represents a beautiful paradox. It approximates a random walk, especially over the longer time horizons. In other words, price data almost* fits the definition of randomness. BUT, there are some extremely profitable traders. Why? Because ...

Is it true that anyone can succeed using any strategy?

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What kind of music you hear while you trade?

One of my favorites. I guess since that other dude brought it up...Maybe I was a little hard on ya. Nice year end results--especially if you got it using the risk profile you cited.

Domino's Price and order flow trading

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Domino's Price and order flow trading

Hey, let me ask, what's your favorite planet?

What time frame do you trade and why?

Dad also used to ask me how many sides a circle had. Your thoughts.

What time frame do you trade and why?

Alright I'll say it again I suppose. Time frames show you different scales, this is convenient so one doesn't have to remember recent price moves that may well be informative. Like my dad once told me: "You see son, different time frames can be ...

What time frame do you trade and why?