There is a well known fact that this method is used by Banks with direct market access and HFT triangular arbitrage.

BUT… there is a a little known secret that DOES still work for the “little guy”:

Using the triangular arbitrage method on emerging markets currencies and/or between emerging markets currencies and developed markets…[Read more]

“…It is a very well proven and accepted principle of trading that volume confirms a trend.

There are many ways to define a move, such as a change in momentum, expansion of the range, the divergence of two moving averages, the RSI crossing through the 50% level, or even standard deviations.

However, let us take the simplest definition of a…[Read more]

“…It is a very well proven and accepted principle of trading that volume confirms a trend.

There are many ways to define a move, such as a change in momentum, expansion of the range, the divergence of two moving averages, the RSI crossing through the 50% level, or even standard deviations.

However, let us take the simplest definition of a…[Read more]

“…It is a very well proven and accepted principle of trading that volume confirms a trend.

There are many ways to define a move, such as a change in momentum, expansion of the range, the divergence of two moving averages, the RSI crossing through the 50% level, or even standard deviations.

However, let us take the simplest definition of a…[Read more]

Parts of this technique/method are used in the ForexGT_Arrow fractal “prediction”, if you remember the discussions about EURUSD/GBPUSD=EURGBP and the implications and variations on it…

G.

Parts of this technique/method are used in the ForexGT_Arrow fractal “prediction”, if you remember the discussions about EURUSD/GBPUSD=GBPUSD and the implications and variations on it…

G.

Parts of this technique/method are used in the ForexGT_Arrow fractal “prediction”, if you remember the discussions about EURUSD/GBPUSD=GBPUSD…

G.

This approach worked well until about 4 years ago.

Since the brokers found out about it they are applying various techniques to prevent profitting from this approach, such as quotes delay and spread/slippage increase.

Currently this method only works well if you employ it between two brokers: one fast and one slower – using fast internet…[Read more]

This approach worked well until about 4 years ago.

Since the brokers found out about it they are applying various techniques to prevent profitting from this approach, such as quotes delay and spread/slippage increase.

Currently this method only works well if you employ it between two brokers: one fast and one slower – using fast internet…[Read more]

This approach worked well until about 4 years ago.

Since the brokers found out about it they are applying various techniques to prevent profitting from this approach, such as quotes delay and spreadqslippage increase.

Currently this method only works well if you employ it between two brokers: one fast and one slower – using fast internet…[Read more]

2 more points to the above post:

1. Using only one open trade per currency pair – it will take long time to reach the SL and prevent the 4-5 trades per day…

2. Using multiple open trades per currency pair – it will prevent using large lots per trade due to account size limitations…

… Real life limitations that are not taken into account…[Read more]

2 more points to the above post:

1. Using only one open trade per currency pair – it will take long time to reach the SL and prevent the 4-5 trades per day…

2. Using multiple open trades per currency pair – it will prevent using large lots per trade due to account size limitations…

G.

Ticks on backtest are virtual, not real.

That’s why testing this method on backtest is worthless, except for debugging.

G.

Things that a broker can do:

slight control of  quote price

Change slipage

Change spread

Delay quotes

Requote

G.

This theory already checked years ago, and it’s Ok.

The only thing to avoid is not to trade near current market extremes (i.e, SNB & the EURCHF at 1.20 level). Only trade within market “zone”.

Another thing is to whithdraw profits at 20-50% levels, while the remaining account should continue with latest lot sizes.

G.