That is what I was wondering about, yes. I have made a small research with the "top of book" keyword and found a few interesting links that talk about the liquidity tiers too. Great information too, thank you.

Position Size to Reasonably Ensure Profit Level Receival

Good information. Thank you for it.

Position Size to Reasonably Ensure Profit Level Receival

Hello, my question is not about paper trading, but about real testing. I have already used demo testing with MT, Python, C# and also Forex Tester too among others. Even built statistical models with sklearn, tensorflow, etc for this purpose. I am ...

Position Size to Reasonably Ensure Profit Level Receival

Hello again. The daily prediction is not a system but a forecasting model. This is, it predicts in advance the next day's 2-day moving average direction. Basically, to avoid overfitting what it does is taking n thousands days in the past to learn ...

Acceptable Accuracy Ratio for Profitable trading

Daily is the timeframe I used for testing purposes, but it is not the important factor. I was curious to know if konwing in advance the direction of the price is useful. As you mention, volatility is also another data; but I was talking just about ...

Acceptable Accuracy Ratio for Profitable trading

Hi. Thank you for sharing the document.

Acceptable Accuracy Ratio for Profitable trading

Thank you, I will check that book, I am unsure if I have read it in the past.

Acceptable Accuracy Ratio for Profitable trading

Yes, there are two main factors why I am asking it on a public forum that are not extrinsic, so maybe there the confusion: 1. To get feedback that I cannot fin on a white piece of paper because it can only come from experience. 2. To analyze how ...

Acceptable Accuracy Ratio for Profitable trading

Yes, a classic approach using raw probability is not appropiate as it is not either using a linear approach such as logistic regression or bayessian inference. The model I have already developed it and as long I have time for it I will improve it. ...

Acceptable Accuracy Ratio for Profitable trading

When it comes the time to develop a trading strategy price setup is there as you conveniently show trhough trendlines, sup/res and price action. The reason I am adding probability is to better define in advance the risk I am assuming. I do not feel ...

Acceptable Accuracy Ratio for Profitable trading

The system I have in mind to use the forecasts is pretty similar. If my odds for a positive forecast are 75%, when the forecast fails, the next time the probability of making a good prediction is above 85%, let's say. You can same way work with ...

Acceptable Accuracy Ratio for Profitable trading

I get your point. I have also been using a heuristic approach. The accuracy I mention is not related to winning orders, but related to knowing which is the direction the price will take in advance. I would feel comfortable with 85%, but with 75% I ...

Acceptable Accuracy Ratio for Profitable trading

I removed my previous comment. I checked a wrong chart sorry. Basically, current momentum is neutral, the weekly trend is neutral and turning down, and the daily trend is negative. Bearish confirmation is needed (support line breakout) and momentum ...

james16 Chart Thread

USDCHF is losing demand momentum and prices are almost 2 std deviations above the mean. I would consider the possibility of a reversal before they retake the current bullish trend and follow the ongoing price action.

james16 Chart Thread

Hi, I see something similar to a bullish rounding bottom pattern almost completely formed which started on Jan 2014. Analysts like William O'neill and Bulkowski give to it high importance. The target price according to Bulkowski is a bit less of 50% ...

james16 Chart Thread

I see a lot of bullish convergence on EURJPY today: downtrending, losing momentum and volume...; let's see what price action has to say within the following days or even today: image Cheers.

james16 Chart Thread

Alpari and probably FXCM and Oanda.

james16 Chart Thread

Videos are made with Camtasia url that has that pencil option to draw shapes and lines. If you didn't join yet the Priv. James16 forum I encourage you to join it. James and Mike's webminars are a treasure. url I am still watching Mike's videos ...

james16 Chart Thread