he is right you know? ....... I do not know what all those crazy lines mean but usually the better the "art work" the suckier the trader

Trading EURUSD only

I beg to differ. I believe it is a lack of understanding of volatility. if you are trading the daily and want to catch the monthly then 3% volatility needs to be accounted for historically. .66% daily volatility if you want to work your targets you ...

EURUSD

for what is worth.....here are my two cents. the euro has been moving up for 4 trading days in a row....the average is usually 2 up days per run before it cools off and corrects. yesterday's range was 56 pips, right around 1.3100 where we stand now. ...

EURUSD

at least in Eur/Usd i ran some statistic analysis and you would be better off, inverting the conventional pivot teachings I agree it measures possible ranges very well, however IT IS NOT a predictive tool. It is a measuring tool. regarding my ...

How do you plot pivot points?

I think you should first understand why PIVOTS are used. then you will see the answer.

Best Times for Daily Pivots

actually todays trading range was 89 pips form high to low. as I said before the days have been more towards the 1st quartile to the mean 78-120, so the volatility of the market has been decreasing....maybe the uncertainty in the direction might ...

EURUSD

I can tell you with 95% confidence level (that is as sure as I have ever been in forex or investing) that every session will at least be greater than 49pips from high to low. with 50% confidence that it will be range from 78 pips to 148 pips. with ...

EURUSD

don't know if you noticed but lately the market has been favoring the low side of the inter quartile range when it comes to volatility.....meaning volatility for some reason has been decreasing. Perhaps the trend is more visible in a long term macro ...

EURUSD

maybe you see something different but I honestly do not think news are euro bearish anymore. with ECB backed by Germany to some extent and Ben Bernanke ready to own the risks for MBS. ECB finally going to easy and inject much needed liquidity to ...

EurAnalysis

to start off, tech is nothing but statistics, represented in candle chart and indicators that read off OHLC give you more statistics. have you taken statistic classes? if you have you would know the peril of extrapolating data that way. now I am not ...

EURUSD

no I do not claim to know where areas of potential transactions are at. I cannot predict the future. People here though act as though "trade what you see" carries any weight at all. if I take 21 shots and my "average" free throw % is 44% can you ...

EURUSD

funny how technical analysis is a religion to people. but i suppose it is hope, and if you are still hoping then you are not making money. I am tired of making this point that ONLY some people see. Chicky, Cindyxxxx, EmeraldEyes, Hanover.....and ...

EURUSD

you are implying that he can trade off the chart as if that was objective.

EURUSD

it all depends what you mean by % I assumed a fix % of initial equity, and only upping it once account doubles. however % return by simple returns yes a 50% loss requires 100% gain to get back to b/e but if you are measuring by Log returns then no. ...

Calculating the most effective trade size

I am sure there are smarter people here in Forex Factory with a more robust background in trading and mathematics as well as finance but here is my attempt at it. your system of 70% win 30% loss exactly. Without adjusting lot size till you double ...

Calculating the most effective trade size

not a realistic scenario....your system shows no standard deviations or normal distributions? but i will get back to you with your answers in a bit.

Calculating the most effective trade size

screen time only gets you far enough. to make an intelligent decision you need to understand the macro economic drivers, and the politics. A chart is nothing but statistics visually plotted, you need to understand what you are taking statistics ...

No more BS - What have you learned?

perhaps...it has been said that if you draw enough lines...price will hit it soon enough. I think fibs are more like post hoc analysis when speaking of % retrace.....but I would not put too much thought into it. 38% 50 % 68% retraces all will look ...

Extracted Thread (per thread starter's request)

actually.... you need to understand what I posted, obviously you have your head up your ass. You will find out soon enough, and I could care less how much money you lose while you are at it. I will leave your thread alone since you have no desire to ...

Different views of the 200 day SMA?

I think your view on the Moving Averages is flawed. an average is just that.....an average whether arithmetic mean (SMA), weighted, exponential, or geometric mean, they all denote the mid, typical, or roughly an idea, it is a starting point. it is a ...

Different views of the 200 day SMA?