Yep. In fact, MAs were taken straight from electrical engineering, where they are used to filter noise out of signals, yet virtually every trader doesn't realize this. In EE, low bandpass filters cut down information in the higher frequencies, where ...

Sick of all the MA crossover systems

Nope... really, it's not required for the broker to report this information. As to whether the broker will volunteer that information to the IRS is another matter. Capital gains from stocks and futures are reported on 1099B form, and interest from ...

Swiss v US brokerages

Some Swiss brokers have US offices so that they have a US presence... Oanda is one such broker. As for tax purposes, it doesn't matter where the account is, the broker is not required to report your income to the IRS (the same is true with futures ...

Swiss v US brokerages

I dunno... 5MM6DOC sounds too technical. If you threw in some key words, such as: -- Fibonacci -- Wave -- Fractal -- Neural -- Adaptive -- Cycle -- (Some Japanese word or phrase) Then you'd have a real winner... I mean loser!

I want a losing system

Which is why I said it was done in absolute terms. I figured that the absolute value between the data points and the mean averaged would be the same exact thing as the sum of squares divided by the samples and the square root of this number. But ...

Bollinger Band Stdv Formula?

The standard deviation is the mean deviation from an average... in other words, an average of the average. This is done in absolute terms (values that fall below the mean are considered positive instead of negative). The ATR is basically the average ...

Bollinger Band Stdv Formula?

Yes, but truckloads of them. When I was trading futures, there was the joke that if you didn't switch to the next contract forward on expiration month, your broker is going to call demanding that you provide/buy a metric ton of hog bellies.

Question about effect of take-overs on currencies

It's all about market liquidity and leverage. Could the multibillion dollar hedge funds make more than 20-30% per year? Probably not. Could those same exact hedge funds make 20-30% per month if they only had $10-100k*? Probably so. When your account ...

Forex Profit... Im sorry but... (10% per month?)

The general rule is when one of the major players in the FX market (ie: US & UK) have a holiday, it is best not to trade intraday and hold your longer term positions because of low liquidity.

Canadian Holiday Tomorrow

Exactly. Look at a typical NFP action on a 5 min chart and compare that same action on a daily chart. Which chart does the action go way beyond several ATRs and Standard Deviations? Which chart is it barely even noticeable? Since forever, over 99% ...

How many got ripped off in EUR/USD today?

Usually it takes 3-5 bars for an entry signal to flat-line if the market suddenly goes sideways. Of course if it goes against you, an exit signal, entry in other direction, or SL hit will probably occur. I'd say if nothing happens 2-3 bars after you ...

How soon after you put on a trade do you expect to be "in the money"?

Yeah... the fact that Oanda's internal and external trades are 99.99% automated by their computers make it objective and fast as possible. There's an interesting interview with Richard Olsen (CEO and founder of Oanda) in the book, The (Mis)Behavior ...

How the retail Forex works. Dealers vs. Clients

This was done a daily chart with just the EURUSD. I suppose you can use a 4H chart on several pairs to get more trades per year. Personally, I don't trust anything below a 1H on FX, because the noise level drifts away from Gaussian (thin tailed ...

Personnal Muck turtle system

This is a good point. While $42k in a half month is nothing for a multimillion dollar company, you can easily multiply that number by 20 to 100 for a more realistic figure. I think the reason why brokers wind up trading against their clients despite ...

How the retail Forex works. Dealers vs. Clients

The value per pip comes from the secondary currency in the pair. In both of those cases it would be the JPY. So to get the value of that currency in USD, you would look at the USDJPY, which just closed around 123.00 (usually the first three ...

Calculate GBPJPY Pip in Dollars..

And they even ignore the probabilities when it spelled out in front of them. Take the lottery for example: people always focus on the huge jackpot, but if they read the fine print on the ticket, it says that the probability of winning is ...

"Probabiliy neglect" phenomenon

This is why diseases like SARS, West Nile, Mad Cow, etc. get all the attention, but ones like TB, food borne illness, diabetes, etc. get ignored until they reach an epidemic level, and its too late. The former are new, exotic diseases that have ...

"Probabiliy neglect" phenomenon

Agreed. I don't buy into the lunar cycle, fib number, Elliot wave counts, astrology, Murray Math, Gann numbers, etc. The trend is determined both by economic factors (such as interest rates, money flow, trade flow, etc.) and the general psychology ...

What is a trend?

Maybe that's why he calls it the "Muck Turtle" system. I've been playing around with Donchian Channels lately as well. There is something that seems to work with channels within channels, where the periods are in a ratio of 2:1. If you ...

Personnal Muck turtle system

As I said, if you have a decent exit signal, that should get you out well before the SL order is hit. Low volatility, consolidation, etc are all exit signals... yes?

Gradation of stop loss