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It will "work", but that's not to say you'll earn enough to make it worthwhile. It's so much easier and more profitable to choose something that's mean-reverting. I've never cared enough about FX to look into it more than casually, and I haven't traded stocks since '98. The automated trading...

Wow, Stu, a deceptive, wormy little anti-science troll! Can I buy you a cup of coffee?

Yeah. Like that's an air-tight analogy. Good job.

This thread is not about entries. For that you'd have to open up a journal, if you want to pursue this, or, in this case, an FX thread, if you don't. I will say, though, that applying this to currencies is difficult since you can't rely on AMT to help you. Rather you are in a tiny boat in a...

I wouldn't expect anything else.

Christians burn heretics alive. Film at eleven.

Was 2014 Really the Warmest Year? Here's Why It Doesn't Matter

Definitely so. But at some point, one develops patience, probably due to the "I've seen all this before" element. As to who's next, I have no idea. It's far too late to give back the Fertile Crescent to anybody, just as it's too late to renege on the promise to give the Jews their "homeland"...

I suggest it has much less to do with algorithms and HFT than mean reversion, at least with regard to those intraday swings based on the 5m charts. Those who trade with mean reversion in mind don't need 14pt stops. Scalping, of course, is another matter entirely.

The Byzantines' ally was a Christian Arabic tribe from the frontiers of the desert known as the Ghassanids. The Sasanians' ally; the Lakhmids, were also Christian Arabs, but from what is now Iraq. However, denominational disagreements about God forced a schism in the alliances. The Byzantines'...

We left that milestone behind long ago.

True. Arabia has always been tribal, and they were slaughtering each other long before Mohammed. The Arabian civilizations go back almost as far as the Egyptian, but at some point any characterization becomes as much guesswork as anything else.

According to Fox News.

Was that an online survey or via cellphone?

I agree, just as we would if the roles were reversed. But the Muslims did not start this. If one wanted to place blame somewhere, I suppose he could go back to Justinian. But to what purpose other than to justify what we've done in what whozis likes to call "the current period"? What I find...

The purpose of the article was not so much to explain the rise of ISIS as to help prevent the pot from calling the kettle black. I had wanted to discuss our role -- and those of other Western countries -- in the rise of ISIS in other threads, but this forum is not fertile ground for that sort of...

As usual, this thread has declined in the same manner as all similar threads to "who's to blame"? The subject of the thread, however, is not fixing blame but pointing out that we're no better than those whom we condemn. The only thing that prevents us from seeing that is our vaunted but...

True. "Daytrading" means closing out one's position before the end of the day. There's much more to it than scalping. Is scalping the same today as it was 100 years ago? Of course not. Is daytrading the same today it was 100 years ago? Very much so.

As I said, papal greed. The "Christian armies" couldn't have cared less about "restoring access to holy places".