the point of this thread is to know the logic behind why we use the technical tools we use and understand why they work simply its out of the fence and wants to get back in, other traders would say it was overbought, it pierced the band. but if you ...

Debate on technical tools

ok, looking at the GBP the monthly volatility seems to be ranging from 1.6150sh or so to approx 1.66 its been trading on the upside with big swings might come back to your position but it also might, make you have a big loss. your equity is to low ...

Help required with respect to GBP/USD

this is good but would you care to explain? as far as i know a SMA can average the price for a given period of time on a one minute for example a 60 sma averages the hourly a 1440 sma averages out the daily simply the number average can help with ...

Debate on technical tools

let me ask you why are you using EMA as opposed to WMA, SMMA, OR SMA? and why those settings? i can understand your strategy perfectly, you are using bollinger bands to help you calculate standard deviations, as to know what is within the realm of ...

Debate on technical tools

for example profiting from volatility many traders use different tools that are all in fact one and the same in concept Bollinger Bands, which have simple moving average, standard of 20 with deviation of 2, in order to understand this tool one needs ...

Debate on technical tools

no its actually a debate or discussion on proper Use instead of the current mantra of marketing magic bullets i mean, your smaller targets are hit because they might be within market capacity itself, and as long as you have a feel for direction, ...

Debate on technical tools

an important measurement i failed to mention is the measurement of risk. how can we measure risk, mathematically risk is defined ast R=(probability of event)(expected loss)

Debate on technical tools

thats an interesting hedging strategy, basically you implement a freeze on the trade. psychological or not, that is an edge in itself. some people use option contracts maintaining their position Delta neutral. other investors will hedge on inverse ...

zero number game zeroing me out!

a question for you would be what patterns do you find more reliable. and are you into harmonics? the most common patterns i know about are long legged ladies double tops double bottoms triple tops triple bottoms cup and handle what are good ...

EUR/USD patterns

price sums it up real well but guess where most retail traders put their stops? at cluster areas, and im not saying the big bad big money hunts them on purpose, but your dealer will use the cluster to mitigate risks to fill large blocks of orders ...

zero number game zeroing me out!

I was using your chart as an example, you are the one that put copy, i think its a repeat pattern thing. anyway. continuation or reversal is the golden question is in it?. as i have said before we could measure the left side of the chart to gather ...

EUR/USD patterns

personally i can remain objective enough that even if price moves against my position i can interactively manage it. and if im not day trading and price moves against me, the first question to ask is , is it a directional change or is it in tune ...

zero number game zeroing me out!

image image i buy on loss of downward momentum/ POI, i sell on topping or distribution money management plays a role in decreasing risk exposure

EUR/USD patterns

I see. its a very interesting concept. gives you a probable outcome of what the next move MIGHT be. i might start to dabble on this research of chart patters, as i attempt to seize, pips from the oncoming data feed. i think it might enhance my ...

EUR/USD patterns

what does being wrong mean? wrong on your directional bias wrong on your estimation of volatility wrong on the timing of your entrance wrong on your feel for velocity one can be wrong and make money one can be right and lose money

zero number game zeroing me out!

NEVER say NEVER. one can trade as one pleases, i personally dont use physical stops, i use price itself proving me im wrong on my opinion. i interactively manage my positions, so by the time im out of the money, and volatility shows me im dead in ...

zero number game zeroing me out!

hey, dont worry about it. i trade my capital at my own risk, have been for a while, im not looking for instruction on how to trade. i got my own ideas about this game and seems to be working for me. i just want to speak with you about the market and ...

EUR/USD patterns

physical stops are not safe, its the best way to blow your account little by little. liquidity hungry dealers do spike prices to try to fill large orders, and create fake break outs. stop hunting is a real danger,

zero number game zeroing me out!

oh i see, i was looking forward to having an intelligent conversation with you, not paying to learn to trade. i do well on my own with wrong ideas as my basis, thank you though

Good forex trading teacher