[quote=Igrok;247829]Draw the line from the bottom of 2005 to the bottom of 2004, then place another line at the same angle on the top of 2004 and you will get the idea of a broadening triangle which is likely to turn eventually into a diamond in 2-3 ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

This is exactly my problem. I remember that discussion. In the chart in that thread, I saw price moving within a channel, ready to continue up or to break out. Traex (the person who posted the chart) saw there a text-book head and shoulders. You saw ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

Her stakes are not so high. You risk proportionally to what you hope to gain. But this is not the point. When you are part of this "guilt culture", you feel guilty even more when you lose one's monthly paycheck...

This so called "self-destruction" of trading systems...

Come on, FXTerminator, Igrok has been completely explicit: "Before posting here your questions and comments, please understand that I do not provide any educational or trading advisory services and always express my personal opinion only." IMO, he ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

Sure it's hard like hell. But I wonder if sometimes, earning an average sallary in a matter of minutes, you don't feel guilty? After all, an average musician earning her living in an orchestra, also has spent 20 years learning and practicing, and ...

This so called "self-destruction" of trading systems...

Fantastic. Woke up in the morning (I'm in GMT+2 zone) - and here it is, your new thread, already alive and populated. Good luck to us all! I feel that I'm a somewhat TA-challenged (not to say handicapped) person. I understand and use trendlines, ...

Igrok Method. Q's & A's. Comments, thoughts and ideas

For sure both reasons stand behind any sharing, but usually only one is dominant, and you can tell it right from the first post. It seems to me that there is a third motivation. Many of us were brought up in a conviction that one should work hard to ...

This so called "self-destruction" of trading systems...

Ok, I'll not talk about Igrok with his 15 yr tenure. I'll talk about myself, only one yr doing forex full-time. My experience is 24 yrs in statistics, psychometrics, data analysis, etc. As I understand something about numbers, some claims made by ...

This so called "self-destruction" of trading systems...

[/COLOR] Maybe I misread the posts here, including my own, but I understood that the argument was that IF someone wanted to share her system, THEN she shouldn't be afraid to do so. No opinion pro or con sharing was expressed. Sure. Igrok has "been ...

This so called "self-destruction" of trading systems...

Here is what I can advice you, whatever it is worth (I'm roughly at Cesarnc's stage, becoming profitable after a year's work). 1) Listen to what Cesarnc told you, I subscribe to every word. Especially the micro account thing. Trading minis with $300 ...

New to Forex: Need Advice

So, you probably enjoyed developing your method even more than I thought you did!

This so called "self-destruction" of trading systems...

I love your example! Anybody can buy your book (presently $37.80 at Amazon and start making money. Why people don't do that? God knows. For that matter, you surely had read Edwards & Magee before you formulated your method. Why didn't you just ...

This so called "self-destruction" of trading systems...

I have no idea, what would happen if several big players would all trade the same system all of the time. Maybe, indeed, the system will stop working. However, if the microcosmos of FF and other fx forums reflects the psychology of traders in ...

This so called "self-destruction" of trading systems...

Paraphrasing Fxterminator's quotation, "It's all about statistics kid, and the rest is just conversation."

Is the "system" part really so easy to come by?

Every price behavior parameter is normally distributed around a specific central value. You are absolutely in the sense that you can deviate from this value and still be profitable. However, the rational decision would be to use exactly the central ...

Is the "system" part really so easy to come by?

It's much a matter of language use. Any model building is curve-fitting. In this sense, we all look for a good curve-fit. What you mean is curve-overfitting. This is a bad thing. Statistics is a science that allows us to discriminate between the ...

Is the "system" part really so easy to come by?

Oh yes, of course I have. This is exactly what I mean by applying "valid methods" to optimizing. You see, my background is reseach in theoretical and applied Psychology. When I develop, for example, a personnel selection and placement system, it has ...

Is the "system" part really so easy to come by?

Predicting future is done by models. Models are built by studying and describing past behavior of some entities. Any science and any application of science is based upon the assumption that if some rules governed past behavior of these entities, the ...

Is the "system" part really so easy to come by?

There are huge differences between people. Some people perceive reality holistically and rely on their intuition and are successfull, some have analytical minds and have to translate everything to objective bits of data and are successful. As far as ...

trading on instinct?

A very interesting observation. The price broke yesterday out of the daily SHI channel border (1.9469), and now sits right on what I identify as a support line (1.9433), and right below what DownRiverTrader here calls "zone -1" line (1.9443). So, ...

Interesting GBP/USD MA Crossover system