it's more insecurity I would say......people think that if they accept that in fact they do not know how to trade or are not successful at it, then no one here will take them seriously.......so they over state (lie) about their perfomance either ...

5 Reasons Why Traders Lose

I understand what you are saying, and I think I should clarify, I am using predictable in the sense of non-random, that in fact one can extrapolate possible future movement from past observation or current economic factors. I also understand that ...

why have you accepted the price-predictability assumption?

see the reason for this thread is because, we can come up with answers that make intuitive sense, or what we think/postulate the market is ......yet when objective studies are implemented such as studies that in other areas are used for random ...

why have you accepted the price-predictability assumption?

this is a bunch of woowoo

Miracle the Kaaba Fibonacci Theory 1.618

great input, thanks for sharing

why have you accepted the price-predictability assumption?

this makes intuitive sense and would account for bubbles, as it has been pointed out. However have you ever made studies on autocorrelation (serial correlation) of returns of the instrument you are trading that indeed shows what you postulate? there ...

why have you accepted the price-predictability assumption?

would you care post the sources of your evidence so I can read it, my friend? You say "given the structure of the foreign exchange market" I want to make sure I understand your point, do you mean Market structure as central banks, tier 1,2,3 banks ...

why have you accepted the price-predictability assumption?

you are right, you were able to pick out the Real Market chart amongs pseudo-randomly generated charts ( I use pseudo random because I do not think true randomness can be achieved specially not confining the randomness to parameters, the parameters ...

why have you accepted the price-predictability assumption?

I'm assuming you are talking about the second law of thermodynamics....that argument is specious, you have to assume that the earth is a closed system, here is a link on the matter..... url I can get into it further should you think that entropy ...

There is no Holy Grail

Mikkk01 I thought they were called "Religious".

There is no Holy Grail

my logic is ...I dont want to lose money. But I think you mean what tools we use as far as technical analysis goes, I use candle charts, and moving average as well as running standard deviation calculation to get an idea of what is statistically ...

What is your logic to open a position?

this makes no sense to me...... Time frames do not exist, you are trading one instrument, Bid/Ask constantly re adjusting according to size traded. Those transactions get recorded, 1Minute or 1month the same transactions , same prize at the same ...

The one reason that trumps all other reasons why traders lose

Definition of 'Bid' 1. An offer made by an investor, a trader or a dealer to buy a security. The bid will stipulate both the price at which the buyer is willing to purchase the security and the quantity to be purchased. 2. The price at which a ...

What is "bids at x.xxx"

thinking less, has never been the solution to any human endeavour.....

Why thinking is bad for your trading

I dont think he is capable of giving you a good answer.....soley on the fact that you are actually making sense and talking in concrete terms, ambiguity is the friend of B/S therefore I suspect his answers will be convoluted "non-answers". I also ...

Trading Without a StopLoss

I think a better question is WHY do you use the settings you use? 5,10,20,21,50,180,200 is irrelevant....they are NOT dinamic support and resistance, they are NOT more effective at setting x as opposed to setting y. a moving average "averages" x ...

What are your moving average settings?

I do not understand how banks work nowadays....but I imagine they are out to make a profit. So with that being said, I find it hard to believe that they would invest millions of dollars to move price around to take out your stops, or whipe out your ...

Trading Without a StopLoss

I was going to reply to this thread but then I saw Hanover making the points I would make but a lot more clearly so I will just say.....I second Hanovers opinion

Why Simple is better in trading and Complex is not

I am not going to pretend I am a trading genius here...We all have our ups and downs. Even the big guys lose billions of dollars in the markets. This forum is a like a religious forum. Most people think that everyones beliefs should be respected, we ...

Trading as I know it...