MajorDutch
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does this one scream at you, H1 pin of DAX 5900, chart is FXCM demo, executed through IG init. price shot up 20 pips moves stops to b/e. thanks Pazienza. :clap:
does this one scream at you, H1 pin of DAX 5900, chart is FXCM demo, executed through IG init. price shot up 20 pips moves stops to b/e. thanks Pazienza. :clap: target 1:1 = 1R = 6082
Long at the specified point, after a big move in price, straight into a demand(resistance) area?
Long at the specified point, after a big move in price, straight into a supply (resistance) area?
No further comment as I don't want to get banned.
whistlingwhistling
So where excatly is an edge in some trading system? Is there anything that can be said to have definite 60% + edge?
So where excatly is an edge in trading??
1) Technical analysis doesnt work! All indicators are lagging and produce random results due to the fact that different people see different patterns. Only thing that might work is long term trend following but for that u can use price action. If u can proove me otherwise, than please share your experience/proof. I have yet to see a profitable trader who is pure technician.
2) Also price action doesnt make much sense. It is not a lagging thing like TA indicators but from my experience it is just a 50/50 random distribution. Many systems describe price actions patterns and sound logical but so far i havent seen any that can be said to have concrete edge. They are mostly sold by self-proclaimed gurus who cannot make money themself so they sell systems.
3) Fundamental analysis is ok, but it is too unreliable and difficult to integrate into coherent prediction. There are too many manipulated news and also sometimes price goes in wrong direction despite the fundamentals being correct.
So where excatly is an edge in some trading system? Is there anything that can be said to have definite 60% + edge?
Is there a reason you use mainly 15 minute timeframe? Is it because it suits you or does it give the best results?
Probably best you give up now and save your money.:|
Are you a complete muppet or what? If therwe was a "system" that worked 51% of the time everybody would be using it. Get back to your gay bar and make money on sukoffs.:smart::smart::smart::smart:So where excatly is an edge in trading??
1) Technical analysis doesnt work! All indicators are lagging and produce random results due to the fact that different people see different patterns. Only thing that might work is long term trend following but for that u can use price action. If u can proove me otherwise, than please share your experience/proof. I have yet to see a profitable trader who is pure technician.
2) Also price action doesnt make much sense. It is not a lagging thing like TA indicators but from my experience it is just a 50/50 random distribution. Many systems describe price actions patterns and sound logical but so far i havent seen any that can be said to have concrete edge. They are mostly sold by self-proclaimed gurus who cannot make money themself so they sell systems.
3) Fundamental analysis is ok, but it is too unreliable and difficult to integrate into coherent prediction. There are too many manipulated news and also sometimes price goes in wrong direction despite the fundamentals being correct.
So where excatly is an edge in some trading system? Is there anything that can be said to have definite 60% + edge?
Are you a complete muppet or what? If therwe was a "system" that worked 51% of the time everybody would be using it. Get back to your gay bar and make money on sukoffs.
If therwe was a "system" that worked 51% of the time everybody would be using it. Get back to your gay bar and make money on sukoffs.::
Can you possible give a more stupid reply? How do hedge funds make their money? i guess with 21% profitable rate and 1:1 risk reward ratio? Go back to school u moron
Offcourse there is no system which works ALL THE TIME but u are not smart enough to figure that out from the post i guess.
How do hedge funds make their money?
My bold. The visible posted sign of an appendage vacuum .:clap::clap::clap::clap::clap::clap::clap::clap::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart:
management fees ?