Have you considered the current global situation and how this affects the protection schemes? Just curious is all. I dont have trading account in Spain but im very aware that Spanish banking sector is under huge stress, even to the ...

What I learned after losing $300,000 trading forex

Trading that amount of size you should be fully aware of: 1. The terms and conditions with your broker/s. 2. What they mean for you legally (lawyer/s?). 3. Always record your trading screens/sessions to make sure it covers both charts, blotters and ...

Successful traders are very, very rare to find

Does this mean Vaseline will be very cheap now? Think its time to stock up on it for future use Oh wait, we have universal basic income...Coming Soon at a government near you. We be fine

Oil at $0.01 a barrel

I concur on all counts, nothing to add here. Excellent post Swisse Its these details that define the difference and as you put it, how one approach the problem solving. Sometimes to "see" in the dark its a matter of using another of our many ...

Scalping PIPs?

Thought as much. Ive also looked extensively (and still do to this date) and its all to do with marketing and selling products. Reason why i personally stopped testing as i honestly was quite concerned if it could produce damages, seizures....lets ...

Extracted Thread (per thread starter's request)

"Hey man so what you do for a living?" "I sell second hand under-wear." "lol, what?!" "Who would of thought there such a huge market for this? That trip to france we just had? yep, underwear." "Whatever dude (weirdo) " You ...

The Loneliness of the Long Distance Trader

Hi CP, what are your experience/research on meditation techniques, especially in relation to brainwave entrainment? I experimented with these techniques many years ago, having looked into possible side effects (rumours) and found it "strange" in ...

Extracted Thread (per thread starter's request)

Buy property and defer taxes. Use excess for deposits and rest on mortgage to build a portfolio. Mortgages are deductible so you would only pay initially on purchase tax (etc) and rest taxed via rental "income tax". Just dont gear up too much on ...

Would you renounce your citizenship to pay less tax?

There you go! Spot on. It is a fluid approach grounded in the fundamentals of how money moves through currencies. In the end it simply boils down to strength and filtering. Of course a method/system needs be put in place. No need for 15 indicators ...

Money flows: Trading the strongest / weakest major currency cross

Mathematics: "2x3=6" , "3x2=6" Market: "2x3=6", 3x2=5" The order of analysis is fundamental, get the order incorrect and throwing darts at a wall becomes an alternative. I just keep getting the impression that this thread has become a chase for the ...

Higher Edge within a Single Candlestick

If i may add to this aswell. (i will delete if moderator does not consider it appropriate). - It visually simplifies and quantifies specific variables from price. - It produces both good and bad signals. - Signals are mechanical. There is a very ...

How to properly use indicators

Theres that word again

Higher Edge within a Single Candlestick

Love it! So obvious and probably overlooked. The edge of any system is a symbiosis of all its individual rules of engagement. I always thought my cooking was amazing when the stars aligned and the moon was out. It turns out the ingredients all ...

Higher Edge within a Single Candlestick

Go find the biggest guy possible and randomly slap him really hard around his face -> i think what will happen next is much more deterministic than if you just walked by him Nevertheless, he may simply look at you and start crying, so its ...

Higher Edge within a Single Candlestick

Not necessarily, you just need to go figure when not to trade, meaning if you trend trade or counter trend trade well providing you can distinguish them and filter them you simply keep away from one. Its a duality (conv./div) as cp pointed out quite ...

Higher Edge within a Single Candlestick

Very true words spoken here. Ive been playing drums since i was 15 (between 17-19 we played in events). I was ~70% self-taught, picked up poor habits unintentionally and many a time i sounded like a 3 year old playing with kitchen pans, dire and out ...

Higher Edge within a Single Candlestick

You bring up a very valid point here, in fact it will inevitably be overlooked. You know why? Because it isnt a trading system with rules. Yet it is a key ingredient to progess but it takes a sh#t load of effort, humbleness and (yes) time. There are ...

Higher Edge within a Single Candlestick

As far as im currently aware time was used as a form of measurement for cycles created as a means of order/repetition/prediction going further back than BC times. However time itself is not linear -> ask any elder 'how fast this year went by' -> ...

Higher Edge within a Single Candlestick

Hmm exit is an interesting topic. Ive always found paradoxical 2 well known clichés: - " cut losses short let profits run" - "never let a winner turn into a loser" As for money management thats simple, ask the broker for some more funds (just ...

Higher Edge within a Single Candlestick

Hi CrucialPoint, If you read this, what are your thoughts on wave interference in relation to price movement?

Higher Edge within a Single Candlestick