Monetary policy is part of fundies in my eyes but I won't get too hung up on definitions. Your trade was a brave move because the EU policy has been all over the show... but its paying off, so fair enough. As for algos and news, more often specs ...

Fundamentals here are out of whack

Keep your wig on eh? Yeah they're out of whack but they have been for a couple of years. The calendar is all well and good, but when risk is the major driver, fixed income and correlated markets rule. Then there's QE which skews any data to the ...

Fundamentals here are out of whack

True. Oz shouldn't put all their eggs in the mining basket but they will, just as UK did with the banking sector. It's too appealing for politicians. All short term gain at long term expense. I don't look for long term plays that often, but there's ...

Aussie problems discussion

Plus this (from indianguy over @ taf). I'm missing way too much of this kind of thing: url Suggests metals are temporarily over-inflated at the moment too.

Aussie problems discussion

If people posted like you three all the time, this place would be golden. Thanks for your considered replies. Alright so: ZKF: Agreed spec market is net long. Re RBA there is a lone voice suggesting QE happened, although this appears a bit Zero ...

Aussie problems discussion

Missed the obvious: url Nothing particularly revelatory here. "The clearest downside risk to the outlook for Australia remained a sudden worsening in the situation in Europe and its flow-on effects to the rest of the world through trade, financial ...

Aussie problems discussion

All good but changing your method half way through a trade is desperation. Changing them off the back of further testing/thinking/trading is sensible. On the crumbly system threads you see it all the time. This trade I did it like X because of ...

If you learn nothing else

It's not simplistic, it only seems that way. Any system has latitudes of freedom. Even something as fluid as trading like FTI, there are still defined levels of skew known and calculated beforehand, even if discretion will be used when to deploy ...

If you learn nothing else

Fud's post is sobering. A chart may be a chart but all markets are not created equal, and all the details matter. Better get a monk on.

The life of a trading system on Forex Factory

Damn straight. Businesses pay the taxes to fund the degrees that provide skills that the businesses don't need. How that's ever supposed to work? Not that every degree needs to be vocational, but kids coming out with degrees in Heaven 17 or whatever ...

One thing you would pass on

Off topic, but seeing as you're both from the UK... do you reckon the relentless expansion of unis in the UK has set up hundreds of thousands with false expectations? I'm sure the govt thought degrees create jobs, when it's jobs the create the need ...

One thing you would pass on

That's all covered in module two

FX Trading Pays Off...

Pip, pip, pip! I can tell you his approach now, it involves a deal with a champagne company, a PR agency, a nightclub, a photographer and bit of planning. Not sure it'll help you trade mind you. Good call on the doc, will check it out.

FX Trading Pays Off...

If he's an expert trader, my name's Harry Redknap. He has hired his own PR company and runs courses at the weekend... You run classes teaching people how to make money on the Foreign Exchange. How did you initially get involved in this? "These ...

FX Trading Pays Off...

It's more that a trader trades badly, reads a book like trading in the zone, relates to it, mistakes it for an epiphany and thinks that that's the answer. Pretty clearly, if your switching your position sizing around, changing your stops and limits ...

What works?

Trolling like trading is best achieved by scaling into position. What you've done there is played your full hand way too early and blown your account. Keep at it sunshine.

What works?

Here's the quick version of what works. There are numerous edges I know of, doubtlessly countless more that I don't. All of them fall into two camps. Those which require experience or those that require knowledge. FF has a fair number of ...

What works?

I thought they did it by bending the space-time continuum but I forgot about the SSMMBC

Stop Hunting by MT4 Brokers?

Frame it on your mantlepiece and gawp at it from time to time. Or better still use it as a learning exercise to create something stronger. I did the same a few years back, using tick volume of all things. Smoothest strongest equity curve you've ever ...

Problem with script - need fixed spreads