Nothing really new in this "strategy"---In non-financial circles its called an "if bet"by sports bettors who use it. In reality its a simultaneous parley. _Parleys generally refer to time sequential wagers in which the proceeds from the winning ...

Reverse Martingale strategy

The unstated implication of your argument is that the majority of traders are losers consequently , by doing the opposite (buying when they are selling and vice-versa) the majority of your trades will be winners.The problem with that seemingly ...

Trading against the herd

Gambling is a game in which outcomes are random or irrational. What has preceded the event,whether it be cast of the dice or the spinning of the roulette wheel have no bearing on the outcome of the event itself. Contrarily what has preceded a forex ...

Are We All Gambling?

First of all I said " General rule of thumb" not particular. Most price action is based on some rational motivation either technical or fundamental or some combination of both that each individual trader makes for him/herself. Does that mean that ...

EURUSD

They don't have to communicate with each other--all they have to do is look at the same chart for the same pair and they know what their counterparts (at other banks ) are doing or will do.

EURUSD

General rule of thumb : Banks and brokers ( big traders ) are usually buying when everyone else(small traders) is selling and generally selling when everyone else is buying. There are several way to confirm this,among them being price action on a ...

EURUSD

I am a man of advanced years and long business experience. The business that succeeds is one in which the principal players, owners, promoters top executives , give themselves to the business, completely . entirely , many times sacrificing family ...

Can YOU make money as a trader?

The number of variables and the velocity of their changing values does not allow any individual, even those equipped with super fast quantum computers, to write an algorithm that predicts unerringly future prices.If we cannot find hard evidence that ...

Trading Myths and Some Forex Math

Its been my experience that price action motivated scalping is adversely affected by bank holidays more on the trading day after a bank holiday than on the holiday day itself. Caution is essential on the holiday as well. I personally avoid trading ...

EURUSD only

Most trades, placed by most traders, inspite of what they earnestly believe , are essentially random, resulting in the loss ratios you refer to. The opposite of random is not coherent but simply some more randomness, albeit in an altered form. ...

Shorting Forex Factory members

Black Scholes equations value options including binary's

(binned per thread starter's request) FX Option calculation