gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
In order to DEBUG the Prefix/Postfix for each currency pair:
add Comment with MarketInfo on that currency pair and watch its result on screen.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Trade exit/SL is done only when the entry signal reverse. There is no fixed SL.
As to my Money-Flow indicator, I don’t recall ever showing or sharing it here so I don’t understand your conclusion on its inner work…
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Trade exit is done only when the entry signal reverse. There is no fixed SL.
As to my Money-Flow indicator, I don’t recall ever showing or sharing it here so I don’t understand your conclusion on its inner work…
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Entry is based on Currency-Strength and TickVolume (my version on both) – trading both in trend and pullbacks.
It doesn’t trade in extreme market conditions and low and declining volatility.
BTW: My old & trusted “Money-Flow” indie looks and behave quite different from yours. I don’t know the reason for that.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are my results.
Strategy highlights and description are scattered in this and similiar threads (not using Saver0 indic).
Main issue is where NOT to trade…
92 Trades in 6 Month – one currency pair. Similiar results on other 6 Major pairs.
Winning trades: 96.7%
DD: 7.2%
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are my results.
Strategy highlights and description are scattered in this and similiar threads.
Main issue is where NOT to trade…
92 Trades in 6 Month – one currency pair. Similiar results on other 6 Major pairs.
Winning trades: 96.7%
DD: 7.2%
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are my results.
Strategy highlights and description are scattered in this and similiar threads.
Main issue is where NOT to trade…
92 Trades in 6 Month – one currency pair. Similiar results on other 6 Major pairs.
Winning trades: 96.7%
DD: 7.2%
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are my results.
Strategy highlights and description are scattered in this and similiar threads.
Main issue is where NOT to trade…
92 Trades in 6 Month – one currency pair. Similiar results on other 6 Major pairs.
Winning trades: 96.7%
DD: 7.2%
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The CORRECT way to look at the Forex market and its “Nature”:
EURUSD as an example:
Use good Currency-Strength indicator, preferably one with lines and not just numbers or histogram.
Treat EUR & USD currency strength as force/power Vectors, just as in Physics.
Each such Vector have “power” or “force” which manifest itself by the line direction…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The CORRECT way to look at the Forex market and its “Nature”:
EURUSD as an example:
Use good Currency-Strength indicator, preferably one with lines and not just numbers or histogram.
Treat EUR & USD currency strength as force/power Vectors, just as in Physics.
Each such Vector have “power” or “force” which manifest itself by the line direction…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The CORRECT way to look at the Forex market and its “Nature”:
EURUSD as an example:
Use good Currency-Strength indicator, preferably one with lines and not just numbers or histogram.
Treat EUR & USD currency strength as force/power Vectors, just as in Physics.
Each such Vector have “power” or “force” which manifest itself by the line direction…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The CORRECT way to look at the Forex market and its “Nature”:
EURUSD as an example:
Use good Currency-Strength indicator, preferably one with lines and not just numbers or histogram.
Treat EUR & USD currency strength as force/power Vectors, just as in Physics.
Each such Vector have “power” or “force” which manifest itself by the line direction…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Welcome back Kiad and success in business.
Just to add to your post: There is no such thing as BUY EURUSD…
By doing so you are EXCHANGING “worthless” USD with “priceless” EUR. “worthless” & “priceless” are, ofcourse, in your own current opinion, hopes and length of time you intend to hold this position….
Any discussion on the “value” of E…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Welcome back Kiad and success in business.
Just to add to your post: There is no such thing as BUY EURUSD…
By doing so you are EXCHANGING “worthless” USD with “priceless” EUR. “worthless” & “priceless” are, ofcourse, in your own current opinion, hopes and length of time you intend to hold this position….
Any discussion on the “value” of E…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
That’s NOT what I said, and don’t “translate” me according to your needs.
You are confusing “Random” behaviour with “price Prediction”.
Our ability (or lack of it…) to predict future price have nothing to do with certain currency trend behaviour, the inter-relations between currencies – which are governed by economic rules.
Want to…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
That’s NOT what I said, and don’t “translate” me according to your needs.
You are confusing “Random” behaviour with “price Prediction”.
Our ability (or lack of it…) to predict future price have nothing to do with certain currency trend behaviour, the inter-relations between currencies – which are governed by economic rules.
Want to…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
You are confusing “Random” behaviour with “price Prediction”.
Our ability (or lack of it…) to predict future price have nothing to do with certain currency trend behaviour, the inter-relations between currencies – which are governed by economic rules.
Want to check that statement against your “random” theory? it’s simple:
For every…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
My point was related to your statement that EURUSD or GBPUSD (just an example) are random.
They are NOT!
Forex is CURRENCY based, not currency-pairs based.
You can argue that EUR and/or USD are random, but not their product, EURUSD.
I will argue that currencies are also not “random”. True, they have “noise” patterns attached, but they follow…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Perfect!!
You just proved my point: Forex is EUR trend combined with USD trend, and NOT EURUSD trend.
Good job!
G.
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The relevance of the car traveling speed and TIME – to the Forex market was explained, but here it is again.
How much TIME it takes for a price to go from point A to point B, and from point B to point C – when the distance AB=BC.
Does knowing those values affect your Forex analysis, direction and prediction?
I suggest you read Perry Kaufman’s…[Read more]
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