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Sure no problem. I'm always looking for new and/or better ways to trade and make money. If you don't mind, share your ideas as well. The forex is such a huge market others knowing about how you trade isn't likely to make your systems not work. I left out two other components to my trading...

I do primarily trade forex now. I use a simple method for determining trend, just a 50 period EMA which is very good for determining which direction to trade in. It also is similar to the 20 period MA on the 15 min charts so kills two birds... Then for actual entries I use a fast 35 tick...

No offense to the tool you use but this is far superior. This chart shows both the 100 lot traders and how much they are buying/selling on each bar compared to the statistical average of past 20 days. On the bottom it shows how much the STOCKS that makeup the S&P are being bought or sold on...

I somewhat disagree with this. I use TopGun Software and while they don't have a market delta 'footprint' they do let you break down the buying/selling by the world's biggest traders which I feel is far more useful. In S&P's for example I can compare how much the 100 lot traders are...

I personally feel its kind of pointless to analyze bid/ask volume itself, its far superior to watch ONLY what the biggest traders are doing. I use TopGun Software and they let you select what size traders to watch. There's even an option that lets you compare how much the big boys are...

I use the visual backtesting feature of TopGun Software. If you put on an indicator you can adjust the settings with up/down arrow key. I use this to primarily adjust the keltner settings for the different time frames I'm trading. In backtesting it normally shows settings for highest profit...

Interesting you say that Ripley. We test our trading strategies using neural networks and some of the BEST systems we use are failed ones reversed. It often spins out totally different strategies than originally intended.

The FORMULA for making money in forex, stocks, futures, or any tradeable instrument is the following (Number of Trades x Win % x Avg Win ) - ( Number of Trades x (1-Win%) x Avg Loss ) I have seen many traders make the this mistake. What they tend to do is take HUGE losses and have avg...

I have seen many traders make the same mistake. What they tend to do is take HUGE losses and have avg sized wins. One for example was 68% winning with an avg win of about $50 but with an avg loss of $150. The key in trading forex is to trade WITH the trend until the market has gone too far...

Using TopGun Software.

I personally don't understand why people will just blindly follow a system without first understanding it and more importantly understanding how the markets work! I personally trade with the trend until its moved too far. I use statistics and options impled volatilities to give us likely...

The biggest thing I see is that many of the ones still losing money are right more than they are wrong! They may be 66% winning but take on avg $110 profits but avg loss is $330 for example. Traders do NOT know how to get out of losing trades and in my experience that is the number one cause...

Trend following definitely DOES work until the market has gone too far. I personally use 4 charts in trading. A daily chart with monthly pivots and keltners and bollinger bands. A 30 min chart showing keltners adjusted for recent volatility (I do a sort of visual backtesting to come up with...