I have thought of all that pip mutt and i believe most are trying to accomplish just that. there are 2 simple ways to do this i suppose wait for perceived retrace on a desired continuation of trend or till s/r area is hit on a perceived range. then ...

The life of a trading system on Forex Factory

indeed it is. I have been working on risk models consisting on hedging my spot position with a derivative instrument. the premise is that in order to make money we need + expectation, ONLY AFTER one can actually analyse most possible direction. lets ...

The life of a trading system on Forex Factory

agreed! now...if you are trading for a living you agree that you will be placing many a trade in your trading life right? with a simple edge that gives you >50% probability of success, it is not enough to just cut losses short let profits run... ...

The life of a trading system on Forex Factory

by the way i do realize that just because I CANNOT DO IT (yet) DOES NOT MEAN SOME ONE ELSE CAN'T Hell my son (he is 3) was able to make some good calls (up or down?) mostly trend following, but can he do this simple "dad is going up" consistently? ...

The life of a trading system on Forex Factory

Actually I am just talking out of my ass, I have made no research nor study regarding the success rate of Ivy league and the common folk. However I am currently taking Open free non-accredited classes from Yale university on econ 252 ( The financial ...

The life of a trading system on Forex Factory

trading is extremely difficult and that more I learn, the more I practice the more i realize I TRULY DO NOT KNOW SHIT.

The life of a trading system on Forex Factory

RSI is the relative strength index it smooths the calculations for RS of an asset. first find the gain or loss by taking current close - previous close you have to take a period of N gains and get the average first of the gains then do the same with ...

RSI Explanation

I would disagree with you pipmutt. it is not only difficult but you do need complex solutions. brain storming. risk management models etc have you ever taken quantitative finance or market econ at ivy league universities. Idouble summed it up pretty ...

The life of a trading system on Forex Factory

I see one problem with a bull spread which is inherently present on option contract to hedge underlying, not only is the pricing model unknown to me for now, but i need to figure out the implied volatility and i have the expiry to work against. ...

I need some assistance from the smart people in this forum

yeah we are all f*cked

Define a successful trader in 1 sentence

This thread is like religion. they all have faith on fairy tales and will simply reject evidence of anything, no individual or inquisitive thinking is allowed. FTI is their god give it up man, better put forth your ideas somewhere else.

Technical Analysis Fallacy

I would have to continue to experiment with this and see how i can tweak it, to reduce my risk but so far it seems promising. the straddle idea is very interesting indeed... that would be my next research project.

I need some assistance from the smart people in this forum

ok preliminary results on bull spread hedge of spot position. the current market price of the bull spread with ceiling 1.3160 and floor of 1.2910 is 1.3144, with my average price of 1.3141 Taking a long position at 1.31576, and a put on the bull ...

I need some assistance from the smart people in this forum

actually it does. i will look into building a model from bull spreads to hedge spot see if it works out thanks

I need some assistance from the smart people in this forum

by the way we are working under the assumption of 1) 1$ per pip movement 2) 100.00 balance to simplify things on the binary, otherwise we would calculate % of capital risk per contract premium and quite frankly it is unnecessary and irrelevant, due ...

I need some assistance from the smart people in this forum

same as cindyxxxx question for cindy i get the xxxx is either a beer, a porn rating or most likely xxxx= 4x= forex however cindy? isn't that a girls name? unless you are using C indy xxxx with indy forex or forex with indicators? i am probably over ...

Define a successful trader in 1 sentence

who cares? the % of people that make money is irrelevant as long as YOU MAKE MONEY. If you are looking around for encouragement as to see how possible it is for YOU to make money, the answer again is who gives a sh#t? 5%,40% does not guarantee YOU ...

How many of us are already making profit consistently?

can technical analysis actually give you an edge? predictive power of candles. file

Trading research papers

before the big shift the exchange rates where being fixed, to a single unit value i believe but i haven't research into this so do not take my word for it. the EURO did not simply appear, it took a while for all currencies to be adjusted and priced ...

Where does the EUR/USD historical data before 1999 come from?