I had the pleasure of spending an entire day on the floor of the NYSE with one of their governors. This is no small feat in the post 9/11 world. I was amazed at the number of ways that larger orders are disguised as small orders or transacted ...

order flow Statistics on FF

Really? Which pivots did the professional traders tell you they use? Telling whoppers on your very first post. Shame on you.

Pivot point spot strategy

How can pivot points be a self fullfilling prophecy if none of you can agree on the time, time zone, or the forumula? Also, where is the forex "floor" that all of the floor traders walk around on? I suspect pivot points in forex are no more accurate ...

Pivot point spot strategy

The GBPUSD only moved 700 pips in Jan '06, 600 pips in Jan '05, 700 pips in Jan '04, and 650 pips in Jan '03. I'm sure you're right. Looks like a really slow month.

I haven't got a clue!

Here's an excerpt from a report produced by Van Tharp (you may have heard of him): Interestinly enough, a research study (Brinson, Singer, and Beebower, 1991) has shown that money management (called asset allocation in this case) explained 91.5% of ...

Fibonacci obscuring reality

This isn't beginners luck, it's beginners ignorance. You're not using stoplosses and with the exception of your first trade you can't hold for longer than 10 pips. One big move will wipe you out soon enough. While it is obvious that you are ...

I haven't got a clue!

That is a quote from your journal today when asked what you use. True EW traders don't use all that other stuff. You use it because because EW by itself is weak at best.

Should I attempt Elliot Wave?

God no, don't waste your time. Elliot waves are always correct after the fact. You can't even be sure you are in a good wave sequence until the largest wave (3) is over. If you're lucky, you get a small retracement (wave 4) and an then a small ...

Should I attempt Elliot Wave?

You might want to monitor the equity curve of each strategy and apply a moving average to the same. When your profit crosses below the moving average it's time to fix it or ditch it.

The Importance of Multiple Set-ups...

This forum is made up of 1000+ memebers who read, post, and participate in any area that interests them. There is no collective effort to promote any particular concept. If you feel that diversification deserves more attention then start a thread to ...

The Importance of Multiple Set-ups...

With your attitude towards money management you'll soon be available to clean their pools for them.

Fibonacci obscuring reality

I have never seen some one murder the concept of money management better than this. Nicely done! I know a few ex-traders that would agree with you.

Fibonacci obscuring reality

ooops. I didn't notice this was thread specific. my bad.

Trendline Points Clarification

I would say that none of those trendlines apply for a couple of reasons: 1. They weren't drawn from significant market swing points therefore they bear no importance when broken. 2. They only involve 2 price intersections. Everyone knows a line can ...

Trendline Points Clarification

Two quotes come to mind: 1. Never get too greedy, always leave something on the table for someone else. 2. Pigs get fed, hogs get slaughtered.

how to catch the whole move

Oanda is one of the few brokers who actually publish their spreads for all to see: http://fxtrade.oanda.com/spreads/recent_spreads.shtml#gbp_usdYou should have done a little research before moving your money around. I like Gain Capital but if you ...

OANDA Discussion

Good! When you're investigated just tell them your friends at the Forex Factory said it was OK.

Are there any Hedge Fund owners here

Why don't you just call the CFTC and NFA? They are more than willing to talk to you about the requirements for registration.

Are there any Hedge Fund owners here

Can you explain how a chart with lines going back to 1978 led you to this conclusion? Otherwise, it's just a baseless prediction like 100s of others on here. You might get lucky and actually be right but it would be more educational if you could ...

Cable long term

Perhaps all these monitors could be replaced by a device like this: url

Show your workstation!