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]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
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]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
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]
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]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
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]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
I just updated my previous reply so take a look at it again please.
My point is if EUR is random and USD is random then the resulting EURUSD is ALSO random. You will see “trends” in a random chart as well.. we are only human, we see patterns even in sand. But I agree that there are “trends” but within these “trends” there are thousands of…[Read more]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
I just updated my previous reply so take a look at it again please.
My point is if EUR is random and USD is random then the resulting EURUSD is ALSO random. You will see “trends” in a random chart as well.. we are only human, we see patterns even in sand. But I agree that there are “trends” but within these “trends” there are thousands of…[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.
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Thanks for the suggestion, I will look at it But if its anything like you say then its the same stuff kids learn in school and what people learn in the washed up recycled forex world… I dont think you still get it.. lets move on. I was expecting this

Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
i dont think you still get it.. lets move on. I was expecting this

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]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Here is another. Beautiful, isn’t it?

This time its with random tick size within the full range of -1.000 to 1.000 pips.
As you see “patterns” in this, you see patterns in forex. Forex market is driven by random events that occur every given second. Hence why it is random. I saw this when I made a tick velocity indicator and when I looked at…[Read more]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Here is another. Beautiful, isn’t it?

This time its with random tick size within the full range of -1.000 to 1.000 pips.
As you see “patterns” in this, you see patterns in forex. Forex market is driven by random events that occur every given second. Hence why it is random. I saw this when I made a tick velocity indicator and when I looked at…[Read more]
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Here is another. Beautiful, isn’t it?
This time its with random tick size within the full range of -1.000 to 1.000 pips
Saver0 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Here is an example.. look at this chart and tell me if its random or not.
If you answered Random, then you are correct!
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Focus on where NOT to trade!
Using Currency-Strength:
Use only non-digital Currency-Strength indicator – you need to see direction and not only numbers.
Buy signal is when Currency A is above 0 and rising while Currency B is below 0 and falling.
The above signal should be supported by some kind of volume increasing indicator as supporting…[Read more]
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