I will challenge Wikipedia on this one. There is something called a "Law of Averages." The probability decreases over time, as your odds of flipping another tails are .5^(number of flips) if indeed the tails expectancy is 50%. So, although flipping ...

Forex using casinos methods

When do you know when the ranging condition ends?

High & Low 8 Hours (GBP/JPY)

Hey Steve, I admire how you've diligently kept this thread going. Shows some true dedication, which is key in this business. Of course, that alone doesn't guarantee success, but I'm sure everyone here roots for a success story like yours. See you ...

Steviet's Live Trades!

Well, I am not an expert, but common sense tells me a few things: 1) You only have a finite amount of capital. So if you trade without stops, and you are wrong, you will wipe out a large part of your account with a single trade. 2) You will pay the ...

Long position or short position

He speculates as a single human being, attempting to be the Nostradomus of Central Bankers intentions. Ask him more pragmatic questions, such as timeframe of trades, stop losses, etc. Otherwise, you are better of asking the Astrologer or European ...

What's your edge?

What about price parity? Step away from the chart a minute, and think about the world economy. If EURUSD continues north, Europeans will buy massive amounts of US goods/services with their strong buying power. This, in turn, will stimulate the US ...

EURUSD forecast & Chaos theory

I will go out on a limb here and say it can't be done. The reason is, once you open a trade, you are exposing yourself to risk in the opposite direction. Nothing you can do will stop this. It's the American way... you committed to something, and now ...

Long position or short position

I've always thought starting a Martingale sequence after a few losses is the safest way to go. Not that I Martingale, because I don't. What I'm saying is, if your system would have lost the last few trades, then starting a sequence after the 5th or ...

Forex using casinos methods

I wrote an EA to measure volatility during certain times of day.... a bit off topic, but perhaps useful somehow. url

Historical Volatility

Experience tells me that is a recipe for disaster.

Firebird EA - fixed version -

Did you try installing the 2nd MT4 into the "experts\files" directory of the first MT4 install? (Then try to access the file down a few levels?)

Data Sharing between multiple MT4 terminals

Did we ever figure this one out?

What's your edge?

Hi Sam. I'd like to field this one. If you open your GBP/JPY D1 chart in Metatrader, you can see that 2006/2007 has had a lot of movement (up and down.) In previous years, the market was pretty sideways (with lower volatility.) Most strategies need ...

High & Low 8 Hours (GBP/JPY)

text files..... one terminal writes, while the other loops (checking for change in size)... accomplished with 2 EAs

Data Sharing between multiple MT4 terminals

Drop baby, drop.

EURUSD

That was mean of me. Good luck in 2008.

i doubled 5k to 10k in a days

Well, seeing that we have no real edge in trading because we have no insider information of what the CBs will do, breaking even is very much a success. The only edge we MIGHT have is news trading, which is not realistic for many of us. So....... we ...

Do you consider breaking even over several months a success?

That looks like playing with fire to me........

Cornflower Hourly System