As promised, here is the indicator to go with this trading strategy. It’s a form of money flow that removes volatility to show you the true direction. It’s all a sine wave

Apply the attached template to like the EURUSD M15 chart. Take a look at the settings and apply the similar settings for GBP if you need it. I only trade the EUR/USD so I…[Read more]

As promised, here is the indicator to go with this trading strategy. It’s a form of money flow that removes volatility to show you the true direction. It’s all a sine wave

Apply the attached template to like the EURUSD M15 chart. Take a look at the settings and apply the similar settings for GBP if you need it. I only trade the EUR/USD so I…[Read more]

My condolences to you and your family Kidas
Glad to see you back on the forum my friend and thanks for participating on this tread. Also take a look at this thread as well
http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/

Bravo PMMforex, really well put together response, my respect to you  :…[Read more]

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]

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]

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]

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]

Yup, you are correct.  In my personal opinion, for longer period of time there’s no trend at all, we only have cyclical movement of currencies as a curve.  And because parity of pairs is for example 1 usd equal to 1 euro, and 1 = 1 equal to zero, so I try to measure that cyclical curves base on that parity.  I create simple 10 ranges from ze…[Read more]

Yup, you are correct.  In my personal opinion, for longer period of time there’s no trend at all, we only have cyclical movement of currencies as a curve.  And because parity of pairs is for example 1 usd equal to 1 euro, and 1 = 1 equal to zero, so I try to measure that cyclical curves base on that parity.  I create simple 10 ranges from ze…[Read more]

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]

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]

Ok this just simple example on probability.

let say that I have unlimited capital, then I only trade EURUSD pair.  and I only open long positions, and I only open long positions ‘if’ EURUSD price under 1 (parity).

and I open 1 long position every London open every trading day (as long as EURUSD under parity), without any SL, and my TP is parity…[Read more]

Hi Brother Savero,  Nice Thread and Subscribe..

Please allowed me to post here since this is the latest trending topic in this beloved forum..

For all my Brothers and Sisters,  please forgive me that I’m not very active lately in forex community, because I must deal with my big family companies. Since my Uncle past away several weeks a go I m…[Read more]

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]

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]

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]

So you are saying you know exactly what all traders are thinking and doing? What each trader does or think is a random event on itself. Each news event, do you have foresight to? Nobody knows what each news release is going to yield, it can be good or bad news for the currency, also we have climate and a million factors that decide price, a…[Read more]

So you are saying you know exactly what all traders are thinking and doing? What each trader does or think is a random event on itself. Each news event, do you have foresight to? Nobody knows what each news release is going to yield, it can be good or bad news for the currency, also we have climate and a million factors that decide price, a…[Read more]

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]

And why are you saying good job to me? You still don’t get what I mean so I can’t even give you a good job.. we are NOT on the same page. I perfectly understand EUR/USD is EUR price divided by USD, do you?  AND do you understand RAND(USD)/RAND(EUR) = RAND(EUR/USD) ?

I hope you can earn a good job from me, cause clearly you are not getting it…[Read more]