True but thats a different story. I definitely agree that traders who simply copy pre-defined systems will 99.999% fail in the end ( or perhaps make a very low amount of pocket money ). Why, because they have the wrong mindset in the first place and ...

Fallacy or Reality?: "Winning Systems Are Never Sold"

I'm sorry to say but I do not agree, it goes beyond your theory.. The textbooks say exactly what you say; its about the trader and not about the system. Let me tell you that in fact the system is more important. Everything can be implemented in your ...

Fallacy or Reality?: "Winning Systems Are Never Sold"

The above, I dedicated a few topics to this in the past. Most of the described systems consists of 80% entry, 15% SL, 5% TP. Even if SL's and/or TP's are described its usually just some static fixed SL amount on entry. Post entry management of SL's ...

Fallacy or Reality?: "Winning Systems Are Never Sold"

Will read your post and source tomorrow Hanover, 2AM here in the Netherlands, time for some sleep Thanks

95% Lose in FX is a Myth: % Profitability in the US last year

I am not insisting on the 5%. But 99% of what you said above is simply a subjective opinion on why the 95% lose statistics will do traders no good. You will look for whatever information/merge information together that fits your opinion; which will ...

95% Lose in FX is a Myth: % Profitability in the US last year

I am not a pessimist whatsoever but if you have hard numbers (calling it evidence, from a reputable and public source), why not hand out this source? No offense but your claims mean absolute nothing if you cannot back them up.

95% Lose in FX is a Myth: % Profitability in the US last year

reputable source and public documentation. So... whats the source then?

95% Lose in FX is a Myth: % Profitability in the US last year

There is no "true" method. Heck, maybe some people by now even improved EURUSDD's methods with their alternatives. People need to stop pursuing a billionaire in a month top secret indicator, it does not exist. Researching various aspects, describing ...

A delicate secret

There is no such thing as guaranteed outcomes in this market.. Yes, EURUSDD had some good input when it comes to thought processes but talking about guaranteed outcomes by using a single indicator... it doesn't work that way. Its good that this ...

A delicate secret

Hah Ferru, meant for thread starter. There's no indicator that can achieve this.

Which indicator has the highest probability to predict price

Sorry to disappoint you but the above pretty much

Which indicator has the highest probability to predict price

I used to work with simple high-low resistance/support flips. Seeing your charts it looks very familiar except that there is one extra filter added I cannot seem to grasp just yet. When often an orange bar high is broken, there is always a green bar ...

A delicate secret

Hey Zircon, what the hell is that thing in your avatar man ? I keep seeing it every day.. Sometimes I am thinking it is a frog, sometimes is some snake, sometimes its an alien...

AUD/USD

At that time the driven up rates were mostly caused by speculators claiming all the difficulties Greece would have in paying back debts. Rising bond rates were kind of a self fulfilling prophecy for that matter. That crisis was a pure money making ...

AUD/USD

Quoting myself here since I have some more time at hand right now. Bond correlations should have their influence on your TP's, not your entries. One might disagree and state that TP's generate the RR and should therefore effect your entry. I ...

AUD/USD

Ya Kofmaster, took a while but finally got the first number close to .93000. Closed out my other trade also however... No excuse for that one except that it was nice for my account statement this week.

AUD/USD

Ruff bonds 10y and aud/usd correlation. Its there but its a correlation that plays out longer term and its coefficient is not insane so to speak at all. No offense but you are kinda a dog chasing its tail unless your longer term trades have either a ...

AUD/USD

Market granted him another chance when his stop was missed by 5 pips this morning lol. He however loaded more shorts on AU apparently as of today so tomorrow is gonna be interesting @ NFP etc

AUD/USD