Recent content by geth03

it certainly depends on whether the company is producer or consumer of oil products. it is not worth to produce lots of oil if you make little or no profit from selling it. on the other side, if one company buys oil products to further process it to make chemicals or so, then lower oil prices...

there is a review on https://www.tradingschools.org/reviews/al-brooks-trading/ about Al Brooks. he is interpreting every bar on a 5 min chart in relations to previous bars and chart patterns these form on an intraday basis. he wrote a few books on that matter...

i compared Multicharts, which is free for AMP customers, with Sierra. Sierra is really really fast! the processing of data is incredible fast. footprint charts, volume profile etc. load really quickly.

well, thats strange. i think they have a new chat function now. some kind of automated response. did you try this?: https://www.ampfutures.com/

AMP has 24h chat support.

well, let me briefly sum up my previous trading endeavors: i started my journey somewhere around 2013. i don't remember the reason anymore, i think i wanted to have the freedom to trade whereever i wanted, whenever i wanted, and have a good life. so what does a guy do, if he wants to learn...

what the heck are you talking about mate? "TA can not predict where price will go. It can only identify high probability set ups." what the fuck does this sentence mean? if you can use TA to find high probability setups than you make your call based on that -> TA. why do you use TA to find...

here we go again xD. please read the conclusion part again. here is a summary of the most important parts: "...According to a large group of financial market participants calle 'technical analysts', such patterns (head and shoulders) precede trend reversals and can be used profitably as a...

do i see a head and shoulder pattern right there xD

1.there are various research papers on that matter out there, here is a link from one of those, if you want to find additional sources, follow the cited papers. http://www.technicalanalysis.org.uk/reversal-patterns/ChOs99.pdf 3. i know that there are academics that believe in Efficient Market...

i hope you didn't miss the head and shoulder pattern in EURJPY :D:D:D

well, long term players with size will distribute their orders. they will never ever throw in large orders at once if they are not forced to do so. they will try to not leave footprints behind. you do not have risk limits that guys have. if they buy 1000 lots, they do not put their stops 2 ticks...

1.those guys that saw patterns in charts namely Gann & Elliott died fucking poor. 2. why don't i see job offerings from banks that are looking for Technical Analysts? 3. Technical Analysis is used by the sell-side. your broker will teach you TA because he wants you to make money, right? every...

charts are just a representation of market moves, a way of organizing price-time-volume data. those create random patterns, that are insignificant for future price moves and research shows over and over again that chart patterns are unreliable. chart patterns have many many nuances to them...

once again: i know that at the end of the day what matters is, how much money one made, right? so based on the little information you gave me, you would expect me to say "yes". i would be insane to say "no". a basic backtest result will give a first impression of profitability of that strategy...