In Post #41, we see that 2, 3, and 5 levels moves were common in 2006 before a stop and reverse. I am leaning toward trading the 1000:1 pyramid with stop and reverses at 2, 3, 4, and 5. I'd close all trades after these levels were met, and reopen in ...

Dion's Pyramid

A second strategy, also less risky, is to add a fixed number of contracts at each leg. The stopout will start at 100 and grow on each successful trade. If you looked at the spreadsheet, you notice you are buying more contracts at the next level than ...

Dion's Pyramid

Because risk:reward is extreme, perhaps we take the same pyramid principle and tone it down a bit. Instead of setting each new trade up for a stopout of 100, we can set up for a stopout of 400. We buy less contracts at each leg, so our reward is far ...

Dion's Pyramid

You are on the right track. I had a similar idea in the "Trojan Warfare Post #8." It's what we call brute force attacking in Computer Science. The idea is to cover every possible scenario the price can move to. The problem with this is when to enter ...

Dion's Pyramid

Here's an idea.... you could use the pyramid described on my signature link to compound a huge exposure to a high interest pair. Let's say the NZD/JPY goes into recession one day and hits its alltime low. I don't know about you guys, but I'm buying ...

Arbitrage with no-interest broker

Everyone, what we need is to be able to combine shorter gains (such as 6, 2, 3 outlined on the graph.) These are more realistic I think than the 10 and 11 level moves.... Drink your coffee and let's beat this thing!

Dion's Pyramid

Agreed. Micheal and I have talked about his Carry system, although my idea isn't an interest bearing basket. They are similar in their defensive postures. And "Deal or No Deal" came to mind many times as I looked at this. I guess a margin call at 9 ...

Dion's Pyramid

Thanks sogt! Now if we can just get DARPA (or the forum readers) to figure out a way to freeze the trade during a correction

Dion's Pyramid

I was thinking something similar myself earlier today. Now I will tell you that the NZD/JPY is extremely attractive for doing this because the margin is only 1.67 a microlot (plus 6% on longs) with FXSol. Anyway if you tried to do this with USD/GBP ...

Dion's Pyramid

[/list]See Post #1.... the trade in Q1 on the chart I posted is a million dollar trade, so it HAS happened in 2006 and might happen again this quarter. Nobody knows. Thanks for your interest.

Dion's Pyramid

Syd you asked about the likelihood to reach level 11..... I know some people will beat me up over this, but I say it is 50/50 every level. I am a pure fundamentalist. For example, the nosedive the NZD/JPY took in Q1 was because economists were ...

Dion's Pyramid

Well you will have to pay a lot of extra commission every time you close and reopen the trades. When you try for a larger run, you are reaping the profit of ALL legs as the trade progresses. Example) 10 100 pip gains = 9 pip commission (NZD/JPY) for ...

Dion's Pyramid

The nice thing is about being at level 5 ($18,000) is that a margin call still gives you a profitable trade. Your original margin was about $145, so you could lose $855.... however each new 100+ level reach requires more margin for new contracts ...

Dion's Pyramid

-sigh- You people expect too much. There is no central market in forex, so of course there will be gaps. Just suck it up. I mean, you people act like fxsol is a God that can do whatever they want. Did it occur to you that most brokers hands are tied ...

FXSol slipping price

Have you played with FNTs (Flexible Neural Trees?) Supposedly they performed well with currency.

New GFT Foresight AI service - any comments?

My two cents: I am getting an MS in Computer Science and have worked with Java over the past 4 years. IMHO the markets are NOT pattern driven and the argument that "traders trade patterns, therefore the market is pattern influenced" does not hold ...

New GFT Foresight AI service - any comments?

I have heard (from a source I feel reliable) to be leary of GFT.

Which Brokergage should I use?

I am with FXSol. CFA certified w/ a USA address and 40+ employees. 99 percent fully automated trading (1 man desk) and 400:1 leverage. The crowd will lean toward Oanda because of low spreads, but they can't provide high leverage if that's what you ...

Which Brokergage should I use?

Sounds completely technical. How do fundamentals play into your decisions?

My Trading Methodology

I am leaning more toward a Martingale type mentality for risk management, opposed to setting up a full hedge. For example, let's say I want to turn $1,000 into $300,000 with my pyramid.... I put my $1,000 in and hope that it moves 5 levels, such as ...

Dion's Pyramid