Hey Scott! I don't know anything about Thompson. I don't listen to news or look at econ calendars. I simply wanted to debunk the idea that your broker would be a good source of information for order flow.

Order Flow

Here's a quote from FXCM's CEO: "If 15% of day traders are profitable," says Drew Niv, chief executive of FXCM, "I'd be surprised." I'm not sure that watching the order flow of the other 85% is going to give you any insight on market direction. It ...

Order Flow

More is not always better. Markets do change over time and if you fit your system to an excessive amount of data you simply "dumb" it down to fit all markets. You are concerned about now, not 2004. If you can generate 300+ trades I have to assume ...

backtesting, The past...

I have traded futures but not currency futures. However if you look at currency futures there is a compelling arugument that would eliminate almost everything people hate about spot forex: 1. liquidity 2. market depth 3. centralized exchange 4. ...

Market Makers & ECN’s, Is the grass greener?

I'm curious as to what convinced any of you guys to exit. Was it your system or a desire to report back to the FF that you made a profit. Be honest

GBPUSD

I don't know if Avlasov is but I would suggest that.

Market Makers & ECN’s, Is the grass greener?

Congratulations all ! Happy Monday

GBPUSD

If someone ever wants to know the definition of "hedging" I'll direct them to this post.

GBPUSD

So to summarize....it could go up but if not, it will go down. Did I get that right?

GBPUSD

TheRumpledOne, Welcome to FF. I have seen a lot of your work on TradeStation and know you to be a brilliant programmer. There aren't many TS users here so I'm glad to see you participating. I don't know what a pin bar is and I don't care, but your ...

james16 Chart Thread

tsicby, I would venture to say a lot of what you suggest is true. In any market, someone "takes the other side". I wouldn't let that bother you too much. The cruel reality is that if there were no brokers, you wouldn't get to play in the Forex ...

Do broker's give direct Interbank quotes? As in total transparency?

Hopefully it's OK to post this: Just google "Market System Analyzer" and you'll find it. I don't want this to turn into an advertisement.I have absolutely no affiliation with this guy but I do use his software. There is a free demo. Also, the author ...

risking 1% vs 2%

To give you an idea of what this looks like visually, here is a system that I use. Remember this graph ignores drawdown but it does line up well with the results of the coin flip example from Jones' book.

risking 1% vs 2%

I actually use software that I can feed in my trades. It analayzes, profit, loss, risk, reward, and drawdown and then spits out an optimal value to risk. Of course this number is highly dependant on your system. Me telling you my numbers would be of ...

risking 1% vs 2%

I'll ask the obvious question: Can you provide at least a years worth of backtested results for everyone to reveiw?

The -25- method

Dude, lay off the advertising. You have made 2 posts, both of which, are to tell us that you direct clients to professionals. I can only assume that you are compensated for your efforts. Hedge funds do blow up. Just google "amaranth" and you can ...

Setting up a forex business/hedge fund

The skies have opened up and angels are rejoicing. Finally someone comes along who understands that Currenex is just software the quotes what participating banks tell it to quote. Any broker offering you Currenex can only quote the few select banks ...

Do broker's give direct Interbank quotes? As in total transparency?

You said keep your eye on the big picture. I'm just curious as to what that is. This doesn't have to be personal. I thought you were going to teach us something.

why does cable reverse almost every day

OK, I"m awake. What's the big picture?

why does cable reverse almost every day

OK, I'll bite, what's the big picture? The GBPUSD is at the same level it was 18-20 months ago.

why does cable reverse almost every day