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Myo replied Apr 6, 2013What if price reversed at 1.23 on monday and tuesday because there were some heavy options barriers to be defended at that level? A week later, said options have expired and now price slowly trickles down to 1.23 again. What now? Support? (Just one ...
EURUSD
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Myo replied Apr 6, 2013Oh and btw there is a really well-known study which surveyed the trading habits of Hong Kong forex dealers in the 90s (not too sure about time and place). Result: In the short term most of them use TA but its importance diminishes over the longer ...
EURUSD
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Myo replied Apr 6, 2013QA is TA in a way, just way more sophisticated. So, yes, many algos use TA, I say, though they probably wonīt trade chart patterns. But who really knows? Complete black box for most of us.
EURUSD
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Myo replied Apr 6, 2013I think you underestimate what the term "risk" includes at an institutional level. These guys have to juggle many more balls than we. It goes far beyond slippage or unintentionally cornering the market / misjudging market depth. There are ...
Can you honestly earn a good living or even get rich through forex?
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Myo replied Apr 5, 2013Oh, and Beast, if the next years play out even remotely how you predicted in your chart Iīm gonna have a copy of it tattooed on my ass and will upload proof. Edit: You even drew little wicks on the candles. Neat! Love the commitment.
EURUSD
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Myo replied Apr 5, 2013Worst thing is people claiming sheepishly that the film contained a scene in which PTJ correctly predicted the 1987 crash by using Elliott Waves / TA. Never happened. He was many months off. I like the scenes in the gym though. And the music. And ...
EURUSD
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Myo replied Apr 5, 2013Look at the second chart, you heathen! All hail the death cross!
edit: and by "heathen" I mean "infidel" of courseEURUSD
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Myo replied Apr 5, 2013What in Godīs name are you blabbering about? Leave me alone with that sh*t.
Sam Seiden's supply and demand - Does it work?
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Myo replied Apr 5, 2013No, no, no. Youīre mixing things up beyond comprehension. This is shop talk. I hope you arenīt a vendor yourself in the end! First, of course you donīt need to be a quarterback to teach your son how to throw a ball. Itīs a very basic skill. You ...
Sam Seiden's supply and demand - Does it work?
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Myo replied Apr 5, 2013Just skimmed through this site. Not many visitors. Found a few journals. Clicked on one which had some traffic. OP had a link to myfxbook in his signature. No longer active. Meh. I followed one of these threads for a while (am not going to say ...
Sam Seiden's supply and demand - Does it work?
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Myo replied Apr 5, 2013lol you just copied & pasted that comment from url . I donīt really care but why do you never give a source for your findings?
EURUSD
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Myo replied Apr 5, 2013Can you post a link that proves he is profitable?
Sam Seiden's supply and demand - Does it work?
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Myo replied Apr 5, 2013If it worked he wouldnīt need to sell it, right?
Sam Seiden's supply and demand - Does it work?
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Myo replied Apr 4, 2013gator, I have a question for you. Two sentences - which one is true and why? 1.) TA works, because if many people act on the same pattern, it becomes a self-fulfilling prophecy. 2.) TA can never work, because if many people act on the same pattern, ...
EURUSD
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Myo replied Apr 4, 2013negative sum game for retailers even, b/c of spread & commissions edit: not just retailers. that goes for almost everybody I spose
EURUSD
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Myo replied Apr 4, 2013I recently read in a book on long-term trading that usually 90% of a yearīs move in the S&P occurs over a span of only 10 trading days (or sth to that effect), and that was why you should hold on to your position for as long as possible (so you will ...
Geppy's Geppy Thread (GBP/JPY)
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Myo replied Apr 3, 2013Develop a personality test that allows financial institutions to spot potential rouge traders in advance?
Psychology of Trading - What are YOU interested in learning?
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Myo replied Apr 1, 2013guys, just put your money in an index fund then. donīt use signal providers.
Signal service skewing results: Is this normal?