No, because if you: Lose all 5 trades, you are down 120 pips, not 3.75. Lose 4 trades, win 1, you are down 60+15+15+15-15=90 pips, not 2.81 pips. Lose 3 trades, win 2, you are down 60+15+15-15-15=60 pips, not 1.875 pips. etc etc. Likewise, for ...

Question on probability based trading idea

Damn, Magix, you're really into it! Okay, let's see. You disagree with me on my definition of momentum. Let's start there. In physics, there's a universally agreed upon formula for momentum. Is there in forex? forexfactory? Hmm... I can't seem to ...

what does stochastic oscillator lines crossing really mean?

Oh wow, rude! Would you like to be mature and point out something you clearly disagree about, then state your reason, rather than stroll around sounding like you woke up on the wrong side of the bed? Geez, to think that any worthwhile conversation ...

what does stochastic oscillator lines crossing really mean?

And what is it that your eyes would like to read, Sir? I've promptly answered my view on OP's question, which is, well, the reason for the existence of interaction on a forum. Would you like me to divulge some crazy spectacular way to use the ...

what does stochastic oscillator lines crossing really mean?

Not entirely, as I don't believe I've touched on or commented about the myriad of ways to make a profit in the market, or even what a market is. I'm just stating that the term momentum is loosely thrown around, and sometimes even mixed-up with the ...

what does stochastic oscillator lines crossing really mean?

I'm in the belief that the stochastics indicator is unbiased in its output value, only that every user that views these outputs puts their subjective interpretation on what it means. In a nutshell, the stochastics measure the close in relation to ...

what does stochastic oscillator lines crossing really mean?

Thank you billbss. Although the indicator is an .ex4 , I'm assuming that it is used to show the contrast in tick density between upticks/downticks. However it would raise a few questions of mine, specifically being 1) On what interval would this be ...

Reversal Strategy

Would timing not be of essence, and also a way to identify what "most" traders are doing?

Reversal Strategy

Depends on the data pool used to average a mean, does it not? On a rolling timeframe, would it not be a subjective choice to choose a lookback period to calculate said mean? If anything, I'm interested in your posed question!

95% of the time Price will close above or below the open price

Doesn't matter, it's not the "true" volume that matters in volume-specific undertakings pertaining to Forex. Everybody knows that true volume by exact number cannot be ascertained. It's relative volume that we're looking after, and it's something ...

Hey...what about Volume?

Market Makers are opportunistic, taking advantage of imbalances between Supply & Demand. There is no one entity powerful enough to control each pip movement of any market. When liquidity is thin, they might mark up or mark down prices, but usually ...

Higher Edge within a Single Candlestick

He'd have to kill you if you knew

Simple Mathematics (Try Now)

Of course it's at most partially random. One cannot actually assume that something involving human emotion and insurmountable sums of money -- can actually be 100% random... that's silly. One can't assume that every pip of price movement is ...

Higher Edge within a Single Candlestick

Real-Time Trading has existed since the dawn of mankind, but Real-Time Chart Based Trading? Most likely since the dawn of the existence of access to real-time information. It's just natural human tendency to aggregate data into groups. However what ...

The History Of Real Time Chart Based Trading

Okay big boy, you win I'd bet you never seen Jupiter with your own eyes. But does it mean there is no Jupiter? History has taught us that people who make blanket statements are the most ignorant of all. "We can't ever go from China to US in ...

Higher Edge within a Single Candlestick

Now look at what I wrote, and see if you can tie it into what he said. He isn't bullshitting you. He never argued that EACH coin toss's probability wasn't 50/50. However, after, thanks to Quant's suggestion, 50,000 coin tosses, you can bet that the ...

Extracted Thread (per thread starter's request)

Where did I write the words "At once."? Where did I imply you had to make 120 trades at once? Do you toss 50,000 coins at once? No. You go one after another. Jesus. I'd bet my behind off that any broker will let you place a total of 120 trades a ...

Higher Edge within a Single Candlestick

You have ONE account, but you don't place ONE trade. You can place 100 trades a day, 1000 if you're willing. Why limit yourself to one set (one trade in my above example) When you can have any number you wish. Again, not my strategy. I'm just ...

Higher Edge within a Single Candlestick

Sigh, you're still not reading between the lines. You, again, focused on one set. If you have one instance of throwing coin tosses, the first toss will either be a heads or tails. Nobody is doubting that. THAT is a perfect 50/50. However, when will ...

Higher Edge within a Single Candlestick

Guys, nobody is arguing that the probability of getting either heads or tails is different than 50% in a coin toss. Not even CrucialPoint is arguing it. What he is saying is that if you flip a coin ONCE, there can only be two combinations of ...

Higher Edge within a Single Candlestick