Recent content by Realist

the March high at least, then consolidation to 550-600 range, then a massive breakout over 600 onto 800. IMVHO of course..

Already ran up to $494.50 today on this contract. A break over $500 will send in the funds in a very large way in my view.

Long PAU8

The more complex the ATS is, the more likely it is too fail. Keep it simple, trade a very liquid market and try to emulate a manual strategy that has already been tweaked and back-tested successfully.

Don't take this response the wrong way but all I can recommend is that you do your own due diligence. If you are coming to a message board to find these answers then you probably should stay away from automated trading on the FOREX. Especially if you have never traded real money on FOREX before...

I am looking for a similar answer to this question as well. I am not even sure that AmiBroker really supports Automated Trading yet as I can't seem to find any viable information on their website about how the platform goes about doing this. I have also tried Multicharts 3.0 with no luck in...

Still Rollin' in it. Best Year Ever...

This is a great thread BTW. If you haven't already read "Reminiscence of a Stock Operator" then please do so. This book means much more about life as a trader then anything. Although Jesse L. had great moments as a trader, he was a manic depressive and he took his own life as a result. He had...

In due time, federal regulators must step in and clamp down on the rampant speculation by the large fund traders. Right now there is no action being taken by the CFTC because the current administration is under no pressure to do so. This will change very soon though. I expect some kind of...

Coordinated intervention to take the XEU down to 1.48 looks likely in my view. The EU manufacturing base is screaming bloody murder to the ECB right now and they usually get their way for a short while. If anything, the BOJ is the likely culprit to get the Yen weaker and therefore most...

I'm curious to know if anyone here uses MRCI for outright positions and what their level of success has been? From what I can see, if a trader sorts through the monthly strategies and does some technical due diligence on a particular setup, then the results look very promising. However, entering...

Play the Matrix at your own risk... Nothing is ever Five 9s...

don't quit your day job. If you are planning on using your life savings to trade, I would highly recommend against doing so as you will likely loose it all. It will take you at least 7-10 years to gain the proper amount of experience to go full-time in my view. Even when you feel up to par with...

There is an entire segment that he does right from the CME SP pit after the close for the day and it only seems to air on CNBC Asia at around 6-7PM EST every night. His 5 minute wrap-up is hands down the only thing a trader's ear needs to hear.