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Theoretically possible, but singapore is much closer to home than caymans etc ( the owner/manager doesnt want to move that far) and a much quicker and simpler process than doing it here (getting the licensing is a prohibitively long and expensive process, at least for us). There have been a...

I wish it was that easy.... The management of the fund needs to be physically located where the fund or fund manager is registered otherwise the taxman will consider it tax evasion and then your in trouble. Singapore offers a compromise. You get some of the benefits of an offshore in a...

Generally speaking I would agree. But for us Singapore is only part of the setup. The main investment vehicle will be BVI or similar. Setting up offshore for Japanese companies in Singapore does have its advantages.@It offers some of the benefits of an offshore without being on the other...

I live here and I can tell you its all true. This place is a pain in the ass to do business on so many levels. I dont have any past experience with singapore, but we are working on a little project that involves just that. Setting up in Singapore. Only just getting started, but seems the way...

Interesting strategy, nice and simple, the best kind of strategy. Any particular market that this works well on? Also how about trading the e-minis? how would you calculate Pivots for these? For Profitable trades, would they be held till the end of day?

sorry I meant to post 'only entries have really been discussed in detail' I dont recall any specific exits being posted in detail. (maybe I missed them though).

Incognito, I cant speak for TRO's indicators (TRO, not bagging them, just not speaking for them). but if followed the pure form of this strategy you will see that there arent any indicators required for this strategy. As jrvat as pointed out numerous times , the MA's are purely a visual aid...

Im looking to put together my own spread charts and was wondering if there was a general rule for weighting contracts with different tick/point values. Ive read somewhere about equity spreads, (times the price by the point value to give you a total cash value) but was wondering if there were...

Ironfist, That buy was awfully close to the previous high, you didnt give yourself much room for a minimum profit. Even if you have the entry trigger, sometimes its already gone too far. So if your gonna take those trades, you gotta take the potential loss that comes with them...

jjrvat might want to confirm this himself but I dont think the last example on your 3 point entry image is valid because there is a lower high just before your entry. In theory for the trend to be continuing you need a HIGHER HIGH. So I guess at least 4 points is probably your answer

I didnt see the close on this bar that the pink arrow points too. I thought the close was closer to the top and so the previous High looked like a LH but on closer look if you ignore that spike then I guess its an OK entry.

not trading multiple lots yet, but thats what Ill do too when I do. And I completely agree with you on your R:R. Its gotta be worth gettin in for. Not gonna risk 30 ticks to get 5. Others may not agree but this is all about making this system your own right??

And your ' good long entry ' is a better example of a good trigger because there wasa good retrace ment first. BUT Its still not a entry that respects price action. The previous High is lower than the one before it. Therefore if you trade strictly by the rules you wouldnt take it.

Iron fist, just my 2 cents. Im still learning too but here goes..... In theory if the trend is up then it should go past the previous waves high. BUT there is always a chance that it will reverse as well. The high of the previous wave or just below it should be a good point to consider your...

hear that sound trader3r?? Thats the sound of people not giving a shit what you say!!

good call on the stops. some trades just dont make sense, regardless of wether its a legitimate entry or not. Im experimenting with different profit targets, but if your stoploss is 15-20 ticks away, its not really worth going after 5-6 ticks..... And I dont believe in adjusting my...

Once again I agree with part of what you say. Those algo's/systems on the market are mostly nothing but snake oil and fairy dust. The guys with the ones that work wouldnt sell them for anything because they do make them good money. Everything has its limits though.

I have to agree with most of what your saying there. Simple IS best (most of the time anyway). Not too sure about that algorithm comment though. And I think theres probably a few people/companies who would disagree with you too. (with the results to back it up)

I believe what you are referring to is a wash sale "An Internal Revenue Service (IRS) rule prohibiting a taxpayer from claiming a loss on the sale of an investment when the same investment was purchased within 30 days before or after the sale date. Also know as the "30-day wash-sale rule". "

Fair enough on the first one ( maybe) but gonna have to pull you up on the second one. you are not jsut changing the order but using completely different values. 10 -4 -3 = 3 -3-4 + 10 =3 And besides, if your picking him up on that at this stage of the thread, I...