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I remember that nodoji who was once very active ET member, mentioned tick bars...but I have no idea about tick bars and how to trade using tick bars. I have only downloaded intraday data from Thomson Resuters tick history.

I am still trying to improve my trading skill but that will be my ultimate goal:) Cos I am an academic researcher, it's not so difficult to do some personal research. Although I am at my initial stage of my research, some of the results were statistically significant at 1%. So yesterday I...

I don't know how much you know about probability or whether you actually understand what it implies ... I don't know whether you have ever done proper research ... but I know if you don't do research , you will never make a consistently profitable trader. But thanks for your two cents ...

I am telling you that you guys have been taught wrong... I am doing research on patterns and price and volume relationship with intraday data Candle patterns on different time frame have different meaning... For example, on 1 minute timeframe , inverse bullish hammer at the end of uptrend does...

I have seen a trader who could not make consistent profits (make more loss) during London and New York session on FX market but he has been able to do better during New York closing to Asian session during which the volatility is relatively lower. For me, I do the opposite. I am a small trader...

I was also planning to break down prices using moving average but now thank you so much for sharing your invaluable knowledge Handle123, surely, I will take the more sophisticated approach you described to me. I am currently testing GBPUSD but surely I will expand my research to other currency...

Sounds like you don't understand what my result is suggesting...never mind

I am testing patterns in 1 min and find many statistically significant patterns that predict future volume and return but when I have tested in lower frequency time frames...they're not statistically significant...I guess that's why high frequency traders use automated system in 1 minute...

No patience, no gain...simply, you're jumping into fire...

I think what he meant is some really huge intraday data e.g. 1996 to 2015 milli-seconds intraday data... I think R cannot handle this kind of gigantic data

According to my evidence (intraday futures market data ranging from 1996 to 2015), it's not personal. I find statistically significant at 1 percent that traders target the same thing. So the evidence strongly reject your argument that's it's personal. Only during the financial crisis of 2007-08...

Have you watched the movie called 21? the true story about MIT students who robbed Casino using high probabilities of card patterns? what dumb traders are not seeing is the PROBABILITIES of trading patterns

It has happened to me too; I knew I had to get out but stayed there for some illogical reasons until I realised I was on the wrong side. Human traders are exposed to some cognitive bias and it's always there especially when we trade with intuitive rules. Before I focused on trees. Now I focus...

What do you mean by day trading though? do you mean intraday trading??

Real trading is different from demo cos in demo, there is no risk so you do not have to incorporate a risk management into your strategy. Like you, I also have taken out a small loan that the amount is equivalent to my 2 weeks wage to start a real trading (it was not an actual loan though, it...

Guess, I have to follow his footstep. I have access to unlimited data...have just started testing patterns (i.e. mainly using the patterns that Jack Hersey provided on ET) of intraday GBPUSD 1min to 1Hour, ranging from 1996 to 2016. Some patterns I see 99.999999999999% consistency but some...

After the last time I had loss cos of my stop loss, I carefully looked at the daily chart to check the daily high and low. They were above and below round numbers and half-dollar numbers. and I said 'damn' ! Because I have been carrying out research on price clustering on US futures intraday...

Yep, I also have found that Yen is a bit different from other majors. S/R levels need to be adjusted only for Yen if you want to trade Yen. On the top of that, its volatility is so bad...so I don't even bother trading Yen.

You're a new comer to FX, . You found that FX was too slow yesterday? You will find the opposite today, watch out GBP pairs, yesterday was correction, that's why it wasn't volatile. Today you will say "wow" again with opposite impression

I use daily timeframe to guess the current/future trend. 1 minute, 15 minutes, 30 minutes to monitor how the current trend develops. 1 H/daily moving average to find daily resistance/support level. I target a profit so I work out the destination and most of the time daily closing price is...