Lol no thats not my setup. Thats some pic from google. I was just pointing out to jag1966 how absurd his trading indicators look like. Anyway...this thread should be going in the right direction from now on. What Mr Breakout posted was not so bad ...

Where is the EDGE in trading? The most important thing in trading!

Dont be silly. A trader trading 4 contracts would have had 320 000 max drawdown so it would blow his account. I dont doubt this test is sincere but it would be nice to test it until 2011 at least. To see the difference. Or was the performance ...

Where is the EDGE in trading? The most important thing in trading!

We were talking about short term trading. That stuff doesnt work on short term. But despite that some peole here claiim their system works on each time frame...even 1 min ones. I said catching long term trends can be done by TA altho its much more ...

Where is the EDGE in trading? The most important thing in trading!

No amount of trolling can make ur candles/bars work. image

Where is the EDGE in trading? The most important thing in trading!

Like i said, magic works Keep trying.

Where is the EDGE in trading? The most important thing in trading!

Yes, i meant 50% with risk-reward included.

Where is the EDGE in trading? The most important thing in trading!

I see what you mean but there are no 50%+ workable patterns on short time frames. Not in candles at least.

Where is the EDGE in trading? The most important thing in trading!

That would apply to you since you are the one believing in magic. Ad hominem. Dont worry someday u will get it.

Where is the EDGE in trading? The most important thing in trading!

If indicators are your imaginary edge than yes, there is no point in further discussion with you. Good luck in the world of hokus pokus...you know how they say "anything is possible"

Where is the EDGE in trading? The most important thing in trading!

Using stop loss and not overleveraging yourself is a good idea for a start. So what? One unsucessfull hedge fund doesnt proove this doesnt work. Most of the hedge funds and traders are making money out of this. That means u have to do it ...

Where is the EDGE in trading? The most important thing in trading!

Cory, What he is using is currency strenght based on fundamentals offcourse. Nothing to do with ta. Altho i said TA can work on longer term trends as a trend confirmation. Anyway....

Where is the EDGE in trading? The most important thing in trading!

Whether its demo or live account, you will now know for sure never ever to add to a loosing position. Never !!

Went long EUR/CHF around 1.08, target 1.40

what happened with the position?

Went long EUR/CHF around 1.08, target 1.40

Yes especially those times when one candle tells you to buy and other tells you to sell on differenet time frame. Stop living in denial. Some things just dont work, period.

Where is the EDGE in trading? The most important thing in trading!

Sure, this looks ok. I dont know why you are calling correlations trading=technical analysis but if thats your terminology, fine. However im sure most people here, especially those calling me names are those that are trading only with lame ...

Where is the EDGE in trading? The most important thing in trading!

So you in your trading plan is the edge? Ok so where excatly is the edge? U didnt explain anything saying "the edge is in you".

someone PLEASE explain this market to me

Funamental analysis is a leading indicator not a lagging one. True but this does not apply to price action patterns trading.

someone PLEASE explain this market to me

He got some good advices. Overtrading is one of the most common reasons traders fail. Options are risky but they can be very safe once you understand when and why using them is good.

Larry Williams-My Favorite Trading Techniques

Thats correct. He doesnt need them, but he can use them as an additional tool if he likes. But trading only on that is pure gambling.

Where is the EDGE in trading? The most important thing in trading!

What kind of proof do you need? Hedge fund balance sheet? Most of the hedge fund are using those strategies. Lets just take arbitrage for example. This strategy makes money of detecting the mismatch in pricing of certain instruments and their ...

Where is the EDGE in trading? The most important thing in trading!