No. Quantum physics is the study of subatomic particles. The "your conscious determines" thing probably comes from the "Schroedinger's Cat" thought experiment. It starts with the Heisenberg Uncertainty Principle. This guy showed that we can't ...

Quantum Physics and trading forex

I'm sure that was very clever and important I'm a reader, writer, and painter, but the analogy of the fly walking across a canvas doesn't ring a bell.

Where are the pros ??

Forex is the retail electronic currency market. Doesn't sound so vast now, does it? "Trading" technically includes things like developing a product and starting a business, so I think that's the vaster subject.

Where are the pros ??

There's no way you can make consistent money doing this with a 15-pip stoploss. The spread takes half your profit and your risk is 3 times your reward.

No Stop Losses!!!

Exactly. I stopped losing money when I found out that stoploss placement determines risk and position size. When you see that your theory of where the price is going shows that it shouldn't go against you more than 20 pips, set a 20-pip stoploss. If ...

No Stop Losses!!!

I do this. I have a large number of orders floating around waiting for trends to reverse. I do have stoplosses attached to the orders, however. I find that when price breaks s/r it should either continue right away, or back up just a little and then ...

No Stop Losses!!!

GBP is so massively overbought that it will have to tank bigtime. I hope this doesn't affect other dollar pairs. GBP is the main reason why prices are so far out of whack. I wrote the indicator to just do a straight addition or subtraction. I'm not ...

Relative currency strengths

I've started looking into arbitrage-like stuff in Forex. I've found discrepencies between the crosses and the majors. For example, GBPJPY has a tendency to trend too far in a certain direction and then it has to pull back. The chart of GBPJPY should ...

Arbitrage opportunities?

I just had another idea. Since volatility has no direction, maybe fib levels and the golden ratio are better applied to bull/bear population. I keep seeing volatility expansions that change direction every other bar. I'm thinking of ways the fib ...

What's really behind fib levels?

I like what I've read so far, I have some opinions about this and the other article.

What's really behind fib levels?

But this is what I'm talking about: This only happens during expansion right? Does it apply to simply price motion as in a trend? It can't, because the exponential rate can't be sustained for long. This is what I'm getting at. I'd like to see a ...

What's really behind fib levels?

What do you say about the "Trading as a Business" guy, who says that you have to always be in the market or you'll miss "the big move". He's basically saying that the big long-term market moves fund all the little drawdowns you sustain while sitting ...

james16 Chart Thread

I think the various systems posted in these forums make us a team against the rest of the world. If there are enough of us that all buy or sell at the same time we might actually influence the market. Then again, the big organizations could go ...

Are we all enemies at the forex market?

There's been a lot of sarcasm and negativity on both sides of this. Allow me to address an interesting point of view: Forex as a lottery ticket. First of all, your expected value playing the lottery is about 40%. That's pretty bad. I have some ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

I totally agree that some things work just because other people use them. I'm willing to use "fads" but only if I understand where they came from. Trendlines and moving averages, for example, are "fads", but they will never go away, so I use them ...

What's really behind fib levels?

Yet prices clearly react to fib levels on all time frames. It might be mass hysteria, but there is a mathematical basis. I'm thinking only the one level has predictive power, and only if it's actually broken. Then again, if price gets near the level ...

What's really behind fib levels?

Yeah it looked like it was dial's post because he was the first responder. No problem man. I really want to hear how you've been successful and unsuccessful using fib levels because I've got a big theory going. I want to see some charts too

What's really behind fib levels?

Spontaneous symmetry-breaking with hive mentality.

What's really behind fib levels?

Actually it was me, not dial, who started this I haven't really looked into expansion levels but maybe that's where I should have started. I'd like to get some details out of the way The math name of the golden ratio is "Phi" and the number is ...

What's really behind fib levels?