Great work and hope you continue with this thread. I personally would be interested to see more statistical stuff like this especially around Candlesticks. Similar to this claim (which I don't doubt): and also this... All the best and keep up the ...

Statistical analysis of trading (PA, MM and more...)

Interesting charts...thanks for sharing...

About Candlesticks: Why they were created? What do they reveal?

I came to the conclusion that it probably has some merit but not what I am looking for. I was hesitant to share as I don't endorse it but feel it is up to everyone to evaluate for themselves. Still unsure as the real reason as to why candlesticks ...

About Candlesticks: Why they were created? What do they reveal?

Everything you are saying here resonates with me. You are one of the few who are worth listening to here on FF. I feel like I am on the verge of something and just putting the final pieces into place. So while I would like to be able to enjoy a bit ...

LFX Trading Proverbs

I have also wondered about this post and like you still do not fully understand the truth behind it. In my quest for answers I came across this(which contradicts what CP says). Not saying this is right just throwing it out there: "As we have already ...

About Candlesticks: Why they were created? What do they reveal?

Appreciate the advise and I am sure anyone reading this thread will also benefit too as they develop their own system. I believe I have found an equilibrium moving average on m5. One that price crosses, pulls away from and returns to quite nicely ...

LFX Trading Proverbs

Thanks DK have already stopped using it. Thought it could be an helpful filter so not really taking it as a signal in itself. I have not traded this way for a while as I was getting inconsistent results so decided to take a break and come back to ...

LFX Trading Proverbs

Interesting discussion here and still trying to piece together the crumbs that have been left myself. I believe the point that is being made is that the reference point establishes your bias. If price has moved up from your reference point then you ...

About Candlesticks: Why they were created? What do they reveal?

The next thing I need to know is how to identify head fakes. Especially when coming out of consolidation. I think this indicator could be a good filter. Will try it out next week. image file I believe it identifies possible head fakes as ...

LFX Trading Proverbs

Thanks again....starting to see the wisdom in those words. Been working on testing some indicators this week to see how I can get them to show consolidation. Looking good so far.... image My advice for anyone interested in developing your own ...

LFX Trading Proverbs

Many thanks Dkrock....wish you all the best in reaching your goals for 2015.

LFX Trading Proverbs

It makes a lot of sense. There is a lot of noise on PA. I like the way you use indicators to normalise the Price action and put it within a container that enables you to take signals without 2nd guessing. I know all your indicators will have a ...

LFX Trading Proverbs

Here is a good one! url Regards Neio

Is anyone here an institutional trader?

DKrock, Just seen your post in another thread that I cannot reply to that says you may depart from FF. I have valued your contribution to FF and was hoping to gain further insights into what it takes to be successful. I am very interested in the way ...

LFX Trading Proverbs

Great work mate. I was watching that one. Very interesting thread and way of approach. Subscribed. Regards Neio

EURUSD Trader's Journal

In the case of the MACD one of the EMAs would need to be set to 1 to mirror price. The other EMA setting would be for the equilibrium moving average. But then that is the same as trading price crossing over a moving average on your main chart ...

Non-Diverging Indicators?

The markets follow natural laws (or laws of nature) Part 1 The market moves in waves. Waves or the affect of waves are all around us in nature (sea waves, sound waves, brain waves, light waves? etc). Questions I have sought to answer for myself, "Is ...

Musings on the Market

Hey Kprsa, Always appreciate your input and thoughts. I know what you mean about WD Gann...always avoided it as it looks complex and I like to keep things simple without over-simplifying if that makes sense. I also need a method where I can easily ...

Musings on the Market

Many thanks NorthTrader and I really appreciate your comments and your insights. Maybe I should clarify my views on fundamentals a bit. I do believe that fundamentals do have an affect on the market but don't believe you need to follow the ...

Musings on the Market

The markets are mean reverting The markets do not move up and down in straight lines. The markets move in waves something I would like to expand on in my "market follows natural laws" belief. Even though there are trends the overall market can be ...

Musings on the Market