Mmm. I would strongly disagree that it's a significant edge. See two comparisons: 1. EURUSD with VWAP. Yields c.130-150 pips when you trade long/short crossovers. 2. EURUSD with CeeSo's lines - yield of 20 pips. Which is a more significant edge? ...

What I learned after losing $300,000 trading forex

Yup. Renaissance recently got caught out buying flows from Robinhood, so they could front run retail orders. Renaissance also act as a market maker while actively trading for their own profit. Hence what I mean by creating your own rules for a game ...

What I learned after losing $300,000 trading forex

Agreed! Alas, it's the same everywhere because it's the nature of men where money and women are concerned. It will never change.

What I learned after losing $300,000 trading forex

V interesting and recommend all to read... He played the same game as the likes of Jim Simons, other big HFTs and got nailed. It's easy to create your own rules for a game and win - this was the salient point I was trying to make earlier, before I ...

What I learned after losing $300,000 trading forex

It's becoming childish in here. We are all here to help and learn. You started out by helping and finished by attacking people. Hope you resolve the ego you said you're working on because there's clearly some good inside you, and I think you have ...

What I learned after losing $300,000 trading forex

Mmm. Irony is you are displaying your own ego in replying to me. Somebody else cannot be right, if they are, they're just a trader in a chat room. One quick Google search will yield a lot of results re Jim Simons: url ZeroHedge also posted their ...

What I learned after losing $300,000 trading forex

So, is anyone actually testing this and are there any observations to discuss? I quickly ran a 3 month manual backtest on US indices and EURUSD. The two markets produced interesting results. I must state that I don’t trade FX, my view is that it’s a ...

What I learned after losing $300,000 trading forex

Are we agreeing or disagreeing, I am not sure?! LOL I think my use of the word timeframe is poor. I mean time horizon. A 1min chart with enough data reflects the same as a 1D or 1W chart. I'm kinda lost in what you are saying and let's can it here, ...

What I learned after losing $300,000 trading forex

Oh right, in which case I misunderstood the reply. I wont spend any further time debating this (no inclination), but this is where maths/physics/logic doesn't align with reality. Case in point, US indices drop 50% - Fed initiate QE unlimited, ...

What I learned after losing $300,000 trading forex

Internet forums, must remind myself not to post. See what I said re US indices a year from now, EURUSD a year from now. I wasn't saying don't trade multi-time frames, I was saying what happens in the next 10 mins, 1 hour or one day can be totally ...

What I learned after losing $300,000 trading forex

The market is random depending on which timeframe you refer to. Will EURUSD be down this time next year? Yes. Will US Indices be up? Yes. Will EURUSD be down or up within the 10m, 1hr or 1d? Nobody knows. If you think IB traders know, then someone ...

What I learned after losing $300,000 trading forex

Ah - simple mistakes. Thanks v much jlongo. Interesting, it's late my time but I had a quick scan using the indicator on the SPX. I haven't read most of the thread and skimmed through posts, but the indi does seem to show that mean reverting to the ...

What I learned after losing $300,000 trading forex

Mmm - I receive the following errors. Does anyone know how to resolve please?

What I learned after losing $300,000 trading forex

That’s precisely where I’d like to test it too - whenever I’ve tested ADR based stuff in indices, it’s been useless. As such, not sure this would work but keen to find out. The OP actually mentioned some useful stuff, alas everyone ignored it and ...

What I learned after losing $300,000 trading forex

This didn't seem to work for me in TradingView - any idea why, please? I simply copied and pasted. I am researching probabilities so would be keen to have a play around with this. Appreciate the script. I work for an Investment Bank myself. Although ...

What I learned after losing $300,000 trading forex

..... hope everyone bought that breakout, I did. Here comes another dip. Vix down 5%, stocks are up... what do we do?

Carpe diem: Intraday tactics for Dax and Dow

Still drifting down slowly making lower highs and lower lows... needs to break above 25.7k and hold Edit: thought a picture may help. I quite often switch to line charts to draw levels. Personally all I need is the sma and line charts to see clear ...

Carpe diem: Intraday tactics for Dax and Dow

Seems like a genuine pullback to me. There’s still some downside risk with wave 2, earnings coming soon. Price is below 200ma on all timeframes, I won’t be taking many longs until it’s above the 4hr. Wait and see what the market tells you, you’ll ...

Carpe diem: Intraday tactics for Dax and Dow

Xmas coming early

Carpe diem: Intraday tactics for Dax and Dow

Just wanted to come back and say be careful, folks. Limit your risk and stick to your stops. Retail are almost net long again. This means we’ll drop soon (could be next week or even the week after... don’t get euphoric).

Carpe diem: Intraday tactics for Dax and Dow