I wonder, are your trading results due to lack of understanding/skill or psychological reasons?

Islander and Medici trade the European open

Of course I do. Best place on the net As you know, I use tick charts, so no need for volume indicators. KISS, for me, is a single Keltner channel. See chart. My last trade was the 9.45 short. Got out manually for a stiff dozen instead of playing ...

Islander and Medici trade the European open

Ah, summer trading Here's my corresponding chart.

Islander and Medici trade the European open

OK, but there's more to it. That's missing an important fact. The market is not a computer game based on some randomly generated time series. So statistical analysis, parametric or not, only goes so far. Behind everything that ...

Voodoo Science-Statistical Analysis

Thank you The sausage is simply a HiLo Channel, so not too original... And I've removed some stuff to make its usefulness clearer. As to getting in earlier in the move, isn't that about picking the right pullbacks based on carefully researched ...

Islander and Medici trade the European open

WTG Struggling for a while to get a grip on DAX volatility, I've settled for die DAX-Wurst (light blue). It's a matter of slicing it. Then a rastafari ribbon of MAs, with the red one calling the beat, including backbeat/reversal, such as ...

Islander and Medici trade the European open

Ah, I'm relieved Intraday traders who understand the structure of price trends may use the word trend

The Big secret to trading success

Really? This is YM/DJI from earlier this week.

The Big secret to trading success

You are using some very old material as evidence for your claims. The markets have changed a lot since then, and they've changed a lot in the last eight years. During that time, due to stricter market regulation and supervision, most of the old ...

The Big secret to trading success

The standard solution for that would be a Keltner Channel. Enter around the MA, take profit at/outside the channel. Below the Dow Jones Index from yesterday.

The Big secret to trading success

Not so sure that counter-trend trading is illogical, if done with method to it, i.e. clearly defined and back-tested setups. Some of the best traders around are C-T traders...

The Big secret to trading success

No, we don't. Or at least I haven't. Rather it's a matter of taming them somewhat, and learning to live with them. One of my demons is the counter-trade demon, which i need to feed with trades as indicated above, or he might start doing stupid ...

The Big secret to trading success

Agreed, but it's a psychological thing. That strong bounce at 9am from 10250 makes me stop looking for short, even though I know it'sgood for another move down.

The Big secret to trading success

Not that flash... Exit short on first yellow circle, and then avoid further shorts as risk/reward is worsening and whipsaw risk increasing.

The Big secret to trading success

Compared to your last chart, the circled lows would be counter-trend opportunities for me, and the timing of first one (9am) indicating the move may be over. So the second circle would be a potential low, even though I would just go for return to ...

The Big secret to trading success

Hello mate I admire your ambition to share your very stable and profitable approach to trading, but I am somewhat baffled that the thread is full of squatters, very few of whom seem to care about your posts From what you have shared so far, it ...

The Big secret to trading success

Indeed, and I've found an old friend - our Mistress - to be helpful for that In the second hour after XO she offered a 65 point move down with three pullbacks for easy entry, and a 100 point range since XO. So I am now trading DAX and GBPUSD in ...

Islander and Medici trade the European open

Spot on

whether to change the trading strategy from time to time?

Yes, I've experienced this more than once with strategies I've traded. In recent years, this has followed the volatility cycles of the market. For example, eur/usd behaved differently in the periods 2007-09, 2010-12, and then after that, at which ...

whether to change the trading strategy from time to time?

And this is what you said: Copernicus has given a counter-example to your very broad and general statement, and there are countless others. This is where our experiences differ.

whether to change the trading strategy from time to time?