The key word is "imply". Volitility itself does not imply risk any more than when I stand on the shore and watch 10 meter waves come in or when I stand on the shore and watch 1 meter waves come in. Either way I don't experience increased risk unless ...

How do you define risk?

Great analogy. Great story. Keep it up. FT

How do you define risk?

Right Merlin. A lot of the market manipulation stories are a throwback to futures and equities trading where floor traders, especially in years gone by, have played all kinds of games where contract sizes were relatively large and volumes and ...

questions from a future quant

Please don't ask me to go rifling through those books when my inlaws are here. <grin> In the best of my recollection he was doing both. 1. He was saying that people do get too hung up on indicators but he was not invalidating the indicators but ...

questions from a future quant

Mark Jurik has brought a substantial signal processing background from his military career developing missile tracking algorithms and other noise filtering techniques to processing price/time data for the financial markets. He currently builds the ...

Fourier Analysis

I see lots of triangles and elipses. I spent about 10 minutes looking at some of the charts. If this approach appeals to people and they are willing to devote the time to it then cool. It reminds me somewhat of Gann. I think with most discretionary ...

james16 Chart Thread

Frankly Merlin may not mind it but I do. I contribute to this forum and I don't use it for commercial purposes though I would probably benefit nicely if I did what you are doing. I've noticed you keep a thread where you contribute technical ...

Which FX Trading Course/System is Good for newbies?

Cowardice is not determined by whether you buy or sell or what you buy or sell but why you buy or sell. Cowardice is unwillingness to deal with the truth. If you want to make money there has to be a place where you sell something that is not making ...

Financial Cowardice? A Question to ponder.

From reading this post and subsequent posts I'd say that your application of terminology is the lense or "sunglasses" through which you see the markets. All of the discussion here has simply been different applications of terminology to the same ...

questions from a future quant

Indeed! The same is true of any predictive methodology. Observing, defining, measuring, documenting, and analyzing historical events to discover probabilities of future ones. Also since Merlin did not post any algorthms we are talking in pretty ...

questions from a future quant

Clearly you have missed my point which is that indicators are used in weather predicting. All the instruments used to measure weather related activity are indicators and all they do is measure events which we use for pattern recognition which we use ...

questions from a future quant

The issue with TS when they were with RJO is that its forex volume has been far less than representative of the market. Now that they are moving to Gain it may be a bit more representative but I wonder about that. Also TS has yet to incorporate ...

Calculating Acc/Dist

What does this mean? If no weather prediction id based on indicators then what is a barometer, a thermometer, a weather chart mapping barometric pressures and temperatures, an altimeter, a wind speed indicator??? What is weather prediciton based on ...

questions from a future quant

In my thinking I usually work from the general to the specific. To me any attempt to find a repetitive occurance is a pattern recognition process. There clearly are subsets of "pattern recognition" that most people think qualify or don't qualify as ...

questions from a future quant

I didn't think you were going to say much more about the subject. Understandable I guess. You've shed a sliver more light though pretty much through confirming a generality. Though really you've just described any pattern recognition process. ...

questions from a future quant

narafa] I've heard it said "you have to spend money to make money". I've found that it is usually true. Time can also be worth a lot of money. Therefore if this proves to be a valuable tool it will be worth a lot more than the cost. Also the ...

Calculating Acc/Dist

A&D cannot be measured by OHLC except in terms of movement. Low open, long range, high close is clearly accumulation if the time frame over which it happens is statistically significant. But when it happens during low volume is it real accumulation ...

Calculating Acc/Dist

Hi Merlin, Would you take the time to give me a more detailed description of what you mean in that statement? I always thought market behavior was a lot of interdependencies ... but of course that is true... so an "independent event" would have to ...

questions from a future quant

1. It is false if it does not continue in the direction of the B/O. 2. If I'm long and the market reverses to short I get out of the long position before I lose more than the amount I've determined to risk. I do the opposite when I'm short and the ...

(False) Breakout & Trend Reversal Strategies??

Sorry I've not been around much to add my comments. However you have been doing a fine job. I was just kidding around when I made the comment about you doing a course. I'm happy to see the idea has developed somewhat. I've been working on a couple ...

james16 Chart Thread