Recent content by kateeus

I notice that your thoughts are actually very close to mine. This post imho contains a lot of really practical information. I agree that studying emotions during the trading day can help in refining ones entries and exits. I have some basic knowledge about level 2, but after reading your post...

This was a great post. Very down to earth. So markets may look random, but the movements that emerge there are made of non-random events. The only challenge is that there are so many of these events happening at any given time that it actually looks much like a random data generated by computer...

So am I, but must remain open to everything new despite that.

Imho it is naive to assume that it is possible to have a mechanical system that can take every major event in to factor. I remember one day this summer watching eurusd in the morning and all of a sudden BIS made a major intraday intervention which ate all the eur gains for the day. You cant have...

I think most can agree, that a 100% mechanical system can't be a winner over the long haul. Put in short, if a mechanical system could beat a random entry consistently all the time it would be the holy grail. Yet I see so many hyped systems on discussion boards praised to be very accurate some...

Just did another test this time with Hurst exponent. In short Hurst exponent tells if there is a trend or a random walk on the way. values close to 0,5 indicate random, values between 0,5 and 1 indicate trend and values between 0 and 0,5 should mean that markets tend to correct most of the...

Indeed aren't markets supposed to reflect the financial situation and fundies. But Mr. George Soros in his latest book actually argues that it might just be the other way around. Who knows...

I don't want to get in the the small details, but my broker has data for eur/usd back until April of 1989 that's roughly two decades, ok it might not have been euro but ECU back then, right? But anyway thx for your reply Splitlink and Mr10% correction as well. I think a simple momentum is...

HA! That is very well put Barjon. I wonder how would random walkers respond to that :)

Hi, Thank you guys for taking your time reading my rants :) I appreciate it. Zupcon, your suggestions very particularly interesting. Based on your reply you have extensive ammount of knowledge about this subject. I did do some research on Hurst exponent and also some comparison between Normal...

Below you see two graphs. First EURUSD weekly about two decades data. The second graph is done by me with excels random function. It consists of about 5000 points of data. IMHO you can see nice trendline/support/resistance bounces and breaks, double tops, bottoms hs, psych number action etc... I...

Yes, If you'd enter where the price sits in the picture you'd be in late, but my buy limit was triggered @ 96.35, got out @ 96.42. Sorry I didn't put any symbol there to show where the entry was, will do that in the future.

A nice buy zone trade, 5 red candles in a row in the hourly, go long on green +7 pips nothing too complicated here. My first post , but don't make too many assumptions based on that.