this chart is a randomly generated excel chart i can create a 100 of them in 2 sec.... its funny how randomness fits into these ideas about charting and TA but if you ran simple test on the data the stats come back as close to 50/50 the E10 is close ...

what really works through test of time ... ...

main points - price action is price moving up and down over time... the action of price.. also refered to as the footprint of money.. aka a chart so if your looking at a chart your looking at price action... and your saying to understand price ...

what really works through test of time ... ...

so do me a favor define price action... and then explain it. dont worry i know you cant

what really works through test of time ... ...

to martingale doesnt mean you need to continue to increase lots for no reason while getting eaten alive... I use a martingale system as one of my most stable systems... its all about how you use what you have.

what really works through test of time ... ...

there is no timeframe its a randomly generated chart using excel...

No Brainer Trades

how do you know its a one minute?

what really works through test of time ... ...

discuss? lets start with this chart. tell me what you think.

what really works through test of time ... ...

Im new im having a hard time seeing no brainers... heres what im looking at how should I look at this one.

No Brainer Trades

or maybe fibs are estimates. thats how i use them.

How well do fibos work?

I remember a paper being published that put it at around 85% that fail.. and 15% succeed... I think that trading in total sum of all markets... I would think FX has a higher drop out rate. i think it comes down to garbage money management no ...

Where is the science? Where are the statistics

pip — Pip trading can be done scientifically it does not have to be artful... youll be crucified on forum boards for being different ... but trading is a personal thing... do it how you feel you understand it best... if thats scientifically ...

Where is the science? Where are the statistics

GBP/USD LOSS week start win-0 loss-1 pending-3

Money management test

GBP/USD LONG 152.25

Money management test

Aud/NZD proc'd at 127.827 LONG

Money management test

EUR/Jpy proc'd at 129.665 short

Money management test

with 3 times risk we can say if we win more than 25% of the time we make money.

Money management test

first trade proc'd GBP/CAD long STOP 111pip TAKE 333pip

Money management test

yeah ive been trading for about 5 years probably about 3.5 of them profitably but ive always had this feeling that its my MM that does all the real work not the system and i just want to run a series of tests that determines if thats it or not. ...

Money management test

the first MM type is a simple stop over the swing high or swing low and a take at multiples of risk.. will test 3,4,5,6 time risk and a new trade cant be opened till the previous trade is closed

Money management test