Search found 113 matches
- Fri Sep 25, 2009 8:52 am
- Forum: MetaTrader
- Topic: My TRO EAs
- Replies: 78
- Views: 60499
- Gender:
Here I have something to choose for the EA, I think there are 2 global strategies : 1. We want the EA to take all the good trades, thus we use wide detection values , but we put a smaller s/l and a tighter exit. So we make more false entries, but at the end the average is positive. 2. We want the E...
- Sat Sep 19, 2009 5:58 am
- Forum: general
- Topic: Predicting Pivots and price!!!
- Replies: 15
- Views: 10912
- Gender:
- Mon Sep 07, 2009 5:00 pm
- Forum: beginners forum
- Topic: Give me a system
- Replies: 8
- Views: 4913
- Gender:
Lewis welcome to the forum and to reality. I love to see new traders with fire in their eyes but allow me to help keep you grounded. Keep your money in the bank until you can consistently return profit that meets your expectations on a demo account. When you achieve that, open a small live account ~...
- Sun Aug 16, 2009 3:38 pm
- Forum: beginners forum
- Topic: Can someone define and explain "price action"?
- Replies: 66
- Views: 36557
- Gender:
Leveragedopinion, I have already defined price action previously in this thread as well as insight into what creates it. I did not mean for my post to sound like an attack on you or your statement, more of a correctional response. There is a lot of new traders on this site, and I like to think kresl...
- Sat Aug 15, 2009 8:35 pm
- Forum: beginners forum
- Topic: Can someone define and explain "price action"?
- Replies: 66
- Views: 36557
- Gender:
It's strange there can be so much debate about PA, like it's a unicorn or santa clause or something. Price action is simply playing probabilities based off of the formations of the bars that represent price. Pinnochio bars, engulfing bars, all sorts of bars that signify reversals or continuations. ...
- Sat Aug 08, 2009 8:19 pm
- Forum: beginners forum
- Topic: Can someone define and explain "price action"?
- Replies: 66
- Views: 36557
- Gender:
Ok patriot, hopefully this is the logic you were looking for. In price action, price moves up when there are more buyers than sellers and price moves down when there are more sellers than buyers. I hope we can agree on that because if not, you are going to lose some serious money. Now here is the tr...
- Thu Aug 06, 2009 10:03 am
- Forum: beginners forum
- Topic: A blind man who wants to see
- Replies: 6
- Views: 3583
- Gender:
Welcome Pipatron. I see you are beginning your education in trading. I'm glad you're a booksmart fellow but throw all that out the window, it doesn't apply here. Now to answer your questions. Q1: I think the majority of traders would agree with these statements, I will however make a few modificatio...
- Fri Jul 03, 2009 2:04 am
- Forum: TheRumpledOne
- Topic: 2009.06.24 WHY 95% OF TRADERS LOSE PART III
- Replies: 222
- Views: 128998
- Gender:
Market orders have their place. It depends on what type of trading you are doing. If you are scalping then it would probably be a good idea to stick with limits. For swing trades or momentum trades it depends how important to your method it is that you get in at a certain price. The bottom line is t...
- Tue Jun 30, 2009 9:59 am
- Forum: TheRumpledOne
- Topic: ProchargedMopar's Trading Trilogy
- Replies: 12135
- Views: 2438220
- Gender:
- Thu Aug 28, 2008 8:33 am
- Forum: TheRumpledOne
- Topic: Middle analysis - Taking home the Pips
- Replies: 56
- Views: 27469
- Gender:
There are hundreds of gurus and pundunts hawking how to make a bundle by beating the markets and/or forex. They'll have magnificent, elaborate charts and secret alghorithums to 'predict' what will happen in a fluid, random market place. The fact is I could have a monkey draw a dart at a board marke...