anyway i gotta go but for the newbies do not jump in on every change of a candle wait to see confirmation by formation and the market absorbing orders at current level

EURUSD

euro bail out was expanded... no wonder we are bullish now

EURUSD

what helps me personally is to think of price in respects to quartiles. i have heard that institutions do this too but I have no empirical evidence. example 1.3300 then 1.3320 then 1.3350 then 1.3380 then 1.3400 S/R is only potential, then looking ...

EURUSD

yes that is what he said...but NO you are miss understanding. price action is not random i agree with you, but is not the technicals that make it non random....in fact a chart is just a chart. what i mean by that is that a chart OFFERS NO EDGE, it ...

My theory about forex market

the lectures on the economic crisis an the Fed role in the crisis can be freely watched online here are the videos. (they are important as it forms a precedent on how the Fed will respond in continuing and future financial stability) lecture 1 ...

EURUSD

changing subjects abruptly has anyone read "essays on the great depression" by Ben S Bernanke -chairman of the board of governors of the Federal Reserve System. if so what are your thoughts? and have you been watching the lectures at Washington ...

EURUSD

good luck to you, and may the same inefficiencies continue then, otherwise if the overall macroeconomic picture changes your system might need some tweaking.

EURUSD

the volatility was do the the global financial crisis, and the liquidity that was added by the central banks in an effort to slow down deflation and contraction of the economy as well as the global loss in confidence brought pronounced swings. if ...

Falling Average Daily Ranges in Forex

in other words...........you don't know why it works you just happened to stumble upon it and it works .....FOR NOW? or am i close in reverse engineering your strategy?

EURUSD

to add to that a system based on Technical Analysis devised to exploit a certain condition will inevitably go bust once the market no longer favors that inefficiency.

My theory about forex market

i see you are one intelligent man, i am curious on your background. i tend to agree with you fundamental macro economic environment is precisely that, an environment in which the aggregate economy will continue to respond to the environment in which ...

My theory about forex market

he is using spot i suppose as an option play. his expiry is 3hrs from the strike price which is his initial position, when the time is up then he decides to exercise the contract or ........i suppose in his case holds it being that the case i wonder ...

EURUSD

by the way the current day's trading ends at New York Close, you are actually overlapping into tomorrows trading. at least to me it seems you are basing yourself on the initial influx of capital in the Asian Markets in and around lunch time as your ...

EURUSD

ok i can respect that however here is where i feel that logic will find some problems, how does your trading do with fake outs and stop hunts? if you close because the market is finding some consolidation and now turns upward there is a possibility ...

EURUSD

hahahaha its called pivot point trading except they are only using the last periods average. (H+L+C)/3= central pivot

Are you a consistently profitable trader?

curious to know why you chose those times 6pm eastern? 7am tokyo? 9pm eastern? 10 am tokyo? 12midnight eastern? 1 pm tokyo so europe doesnt matter right?

EURUSD

depends on your strategy but right now is 4:17 pm new york, 5:17 am tokyo, liquidity drops with wellington being the only major center, so i wouldn't expect >40 pip move from here to hit 1.3340's once you get the Asian session even then the usual ...

EURUSD

I am not sure what you are asking but.... you could begin by obtaining statistical data on (Ranges)(time frames) high-low= range, then interpret the data deceleration is pretty easy to see actually, the market does that really often acceleration, ...

Quantifying divergence (A question)

the concept is actually not new and bollinger did not invent it, just takes the credit. its perfectly common statistical tool the mean and its deviations *1 encompass => 68% while *2 encompasses => 95% of deviations from the mean. in a one hour ...

Bollinger Bands Trading H1/H4/D