On the other hand, far out of the money options are inherently underpriced by options models, so pretty much by default you are getting a good deal. On what basis did Redlion confirm that the market is efficient? Certainly not based on anything in ...

why have you accepted the price-predictability assumption?

For sure.

why have you accepted the price-predictability assumption?

I doubt many traders for the vast majority of time that modern financial markets existed had either the mathematical ability or tools to do anything resembling what you're saying (explicitly defining every parameter for entering and exiting every ...

why have you accepted the price-predictability assumption?

Herp derp derp like pretty much any moving average system ever?

why have you accepted the price-predictability assumption?

For sure. Much easier for mental midgets like Turvey to go ADHD every time they curve fit a new system, claim they've finally found it and just need to finish up a few things before going full time, only to fail again, rinse and repeat... I came ...

why have you accepted the price-predictability assumption?

If you had even a fraction of the intelligence you claim to have, you'd realize that -every- single post towards Proximus was trying to explain to him that those so-called "boobs" he was drawing are virtually meaningless. Instead, you interpreted ...

why have you accepted the price-predictability assumption?

I'm down with that. Doesn't matter though for us muppets, the only way to be profitable is to be Turveyd, genius-extraordinaire (despite his complete lack of comprehension skills, lack of ability to articulate clear thoughts, etc. etc. etc.).

why have you accepted the price-predictability assumption?

I think Proximus would do well to assume that if something was relatively simple to find, whether that be a candle pattern or some combination of indicators (or minutiae like tiny blips in the spread), chances are between the vast resources of ...

why have you accepted the price-predictability assumption?

No. For someone who claims to have a high IQ, you are just completely dense. The only difference between M1 and H4 is time scale, period. "Order flow" behaves virtually identically on M1 as it does on H4, the difference being one is limited to the ...

why have you accepted the price-predictability assumption?

1) This ignores the fact that whatever longer pattern you are trading on M1 is simply part of a shorter pattern on H4 which could also theoretically be traded. 2) Why are you trading M1 or M5? Why aren't you trading 30s, or 15s, or tick charts? Who ...

why have you accepted the price-predictability assumption?

The candle changes every one minute, yes. And on H4, the candle changes every four hours. What's your point? It doesn't matter if the candle changes every 5 days or every 30 days or every 30 seconds, you're still analyzing history and using that to ...

why have you accepted the price-predictability assumption?

Champ, if you haven't grasped the fact that you wouldn't be trading the H4 chart over the same time scale as the M1 chart, you are worse than nubcake lets on. You would be trading H4 on a relative basis; that is, if the move you are talking about ...

why have you accepted the price-predictability assumption?

If what you're looking for is to be taught a profitable system (which it sounds like you are), I think skyway is spot on. Good luck. If you're looking for a trading coach or mentor who can help you on your way to understanding markets, psychology, ...

"good traders trade, bad traders teach"

I see you keep repeating this in multiple threads ad nauseam: trading is a 50/50 game. It's not. Confluences are juncture points where multiple things come together; traditionally confluences refer to meeting points where multiple streams come ...

what is confluence and what if H4 close varies by broker

Not losing 40% on a single trade doesn't give you the high ground, it puts you on even ground, because it should never happen for the vast majority of serious traders. And it doesn't take a "serious amount of brass" to double a small hobby account ...

WTF is wrong with me?

So your argument is that because we can't precisely predict the exact future, we can't predict at all? I really think the best analogy for the randomness / predictability of markets is the weather. Much like markets, we can't exactly predict the ...

why have you accepted the price-predictability assumption?

I thought Mandelbrot essentially destroyed the idea that markets are random. Pretty much every failed modern financial theory, from Black-Scholes to MPT assumes a random market and normal distribution, and they're all laughably wrong; they all ...

why have you accepted the price-predictability assumption?

This system can't be coded as written (rule 6, exit where in profit?), and as a very basic breakout system has a negative expectancy. So it's neither mechanical nor profitable (as written).

Why Simple is better in trading and Complex is not

Couple things: what counts as working? Does the number have to stop on a dime at the fibo, or just in the area? If it's just the area, then does that mean using 25%, 33%, 66%, and 75% works just as well (hint: it does if you are just using "area" as ...

Why do people use Fibonacci in trading?

Not that it matters at all whatsoever, but my opinion regarding any sort of subjective patterns (channels, flags, visual formations such as head & shoulders, etc.) is that order flow creates the pattern, not the other way around. I can't state this ...

Ramblings of a Forex Junkie