Haha. I love parodies. The ones from Rucka Rucka Ali, though politically incorrect and an eyesore for YouTube, are very good indeed (especially the one titled 'I can do whatever I'm white').

Let's be Honest

I'm very glad to be able to help. I almost forgot one of the most powerful things you can do to get 'back on track' when you feel you've slipped. MUSIC. Use powerful music that make your brain mix you a cocktail of all the good chemicals. Each to ...

Let's be Honest

I agree wholeheartedly. If I may be frank for a moment - I'm not a very disciplined person all in all, but I have found that making trading into a routine helps a lot. That's one of the reasons I posted links to Steve Pavlina's articles on ...

Let's be Honest

The hesitancy to pull the trigger is something that I've experienced as well and it is a mighty beast especially once price starts moving in the direction one first imagined it would. Oh well. Countless hours have been spent thinking about that. As ...

Let's be Honest

realjumper and FXSurfer, I'm glad you find them useful. Just as a sidenote to all the people hanging around here: there are a lot of banks, insurance companies (which basically take your stream of premium payments and invest them to make money ie ...

The PDF useful sources thread

40 Bits of Wisdom pdf from the original FF thread by WHTenn.

The PDF useful sources thread

I don't know if there are a lot of people here who are from Scandinavia. For those that are, Danske Bank should be a relatively familiar name. Danske is not a very large bank but large enough to have its own research department. They publish ...

The PDF useful sources thread

Key points from the most useful book I have ever read (Brain Rules by John Medina). I encourage everybody to do whatever to get one's hands on that book, it's that good. Borrow, buy or steal, I don't care (although stealing is not nice, this book is ...

Cornholio's Reading Suggestions

Here is something interesting to read, written by Hans Werner Sinn. It's a CESifo Forum Special Issue 2010, titled Rescuing Europe and it details the Club Med rescue package, the effect of the euro on the eurozone countries. I found it very ...

The PDF useful sources thread

Then that's what you're going to get. I hope you can still see the price behind what I drew on your chart. I've been banging on about higher/lower lows and highs in a couple of my posts. Now I get to show what I mean. Now, what I'm about to tell ...

Part 2 EURUSD Trend magic System

Aren't we all? What I do is keep an eye on the news. Sometimes it gives you a heads up, sometimes it doesn't. Right now, however, there is a lot of talk about BOE doing more QE (thus the cable weakness today). The Chinese surprise interest rate ...

Part 2 EURUSD Trend magic System

You caught 43% of the average daily movement in fiber* (based on volatility data spanning 10 weeks). If you could keep it up, you'll be trading a big account lot sooner than you think. Well done! *Average daily movement over the last 10 weeks is 140 ...

Part 2 EURUSD Trend magic System

They are more or less reviews and summaries of the books. Nevertheless, I think they are useful. Thank you and all the other for contributing to this thread.

The PDF useful sources thread

SPY By the way, don't look now, but the flash crash as been cleaned off the chart. Obviously all the trades were cancelled. image

The PDF useful sources thread

This HFT and flash crash stuff is crazy. I recently found out that if it weren't for the circuit brakers installed since May 6th there would've been 6 to 7 flash crashes from May to September (paraphrasing the head of SEC). By the way, we had one ...

The PDF useful sources thread

Not to preach or anything but I would remind you of what Indrek said a couple of posts back - enter with a solid stop loss, or, if the risk is too big, don't take the trade at all. That 39 pip loss could've been a 20 pip loss.

Part 2 EURUSD Trend magic System

Yes, that is definitely the case for me. Recently I've started doing a lot more work on identifying and quantifying longer term trends. The fiber is especially well-suited for trend trading, as is obvious from the last few years of price data ...

Part 2 EURUSD Trend magic System

Trading it on a higher TF also requires patience which is a very difficult skill to master (speaking from experience). But yes, you are right. TM is very well suited for trend following.

Part 2 EURUSD Trend magic System

Indeed it is. When I find myself having to type eurusd a number of times in a text I usually replace it with fiber because it's just easier (I'm a speedwriter so ease of writing is an issue when choosing what specific words to use, I like to keep a ...

Part 2 EURUSD Trend magic System

Pardon my language, but that's a really uneducated approach. You could just as well trade fiber with bigger lots to compensate for the smaller pip runs. Cable is like an untrained horse, as it were - it runs as fast as hell but it knocks you off if ...

Part 2 EURUSD Trend magic System