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the redlion replied Mar 29, 2012so you think that the candles you see on your screen is actually the market?
EURUSD
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the redlion replied Mar 28, 2012i would take it further, as long as currencies impact the real economy and are used as vehicles of exchange to facilitate the distribution of aggregate supply with aggregate demand, they will seek stability, and will in some ways reflect the ...
My theory about forex market
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the redlion replied Mar 28, 2012so no one can really give me any useful information or actually knows the purpose of using a trend line on a chart? by the way, what is a chart? and what does it really measure?
EURUSD
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the redlion replied Mar 28, 2012actually this debate has been going on for a while and great mathematicians have been on both sides of the debate EMH states that the market is a random walk and any information or movement is sqrt((itself)^2) however fundamentals have been ...
My theory about forex market
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the redlion replied Mar 28, 2012you are wrong is not random. Forex is not random how do you explain the skewness, the kurtosis and the heteroskedasticity. if forex was random we would see a more normal distribution. as well as the trends, the news reactions, and you would be ...
My theory about forex market
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the redlion replied Mar 28, 2012thanks it is a matter of understanding the purpose behind something in order to use it more effectively.
Do you believe in Support and Resistance?
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the redlion replied Mar 28, 2012i tend to agree with aediaz1 potential is most likely the correct way to look at it. since we are using graphical representation of a data set plotted as a candle or bar chart (usually) the visual representation of of outliers can be interpreted by ...
Do you believe in Support and Resistance?
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the redlion replied Mar 27, 2012we wont have a move, unless unusual stop hunts its 5:59 am Tokyo, and even when tokyo opens we get about 20-60 pip range on most days
EURUSD
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the redlion replied Mar 27, 2012binaries are horrible but easier than spot. you get -20% probability expectancy at best they are extremely useful to compliment your strategy though, you see with spot you make money (position size)*(pip movement in your favor) but the expectancy ...
EURUSD
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the redlion replied Mar 27, 2012here is what i do know it traded at 68 pips range which is very rare for this pair this has happened only 536 times in 2910 trading days= 18.4% the monthly volatility is 2.7% which is below average for the fiber we had a decisive move yesterday of ...
EURUSD
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the redlion replied Mar 27, 2012my position is that it isn't, that is what i meant price action is deceptive, using it to trade gives you random results
EURUSD
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the redlion replied Mar 27, 2012the one thing i disagree with you is that, Price action is actually important.
EURUSD
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the redlion replied Mar 27, 2012that is the thing, the US might not produce them but they own the means of production, and by our military imperialism we own the world resources. we print paper yet that is REAL value as long as all commodities and oil are priced in USD. try to ...
EURUSD
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the redlion replied Mar 27, 2012money has to exist...unless you are thinking about a peaceful society of humans that share resources and provide goods and services out of the kindness of their heart and share their work equally with no unfair allocation, by a few. highly unlikely ...
EURUSD
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the redlion replied Mar 27, 2012the point of easing monetary policy is not TO FIX the economy is to sort of hold the fort till growth picks up........assuming we will have growth and this ressession is part of the normal business cycle. now if you believe the US has stopped ...
EURUSD
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the redlion replied Mar 27, 2012the US needs to print money (according to Keneysian economics) Because the economy is contracting which leads to liquidation as the economy liquidates excesses, you get less consumption= less profits for corporations= laying off of people= less ...
EURUSD
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the redlion replied Mar 27, 2012depends.... What are you producing that i can in turn give you back your rolls for goods that I need? money is just the vehicle of exchange wealth is the production of goods and services of an entire economy money transfers wealth to allocate ...
EURUSD