Search results

That's technical trading for you. :)

Why would you ever make this assumption? How will it help you make money, in believing an outlier move can "never" happen in the market you trade? It can only hurt you, and in the worst possible way.

I am not certain, but I remember reading in a couple places about an 800 pt gap in the yen, with Soros frantically telling his traders not to exit and that he would "take on" their positions.

70+ pages, glad it worked out.

You need to rephrase this thread in "blanket" form :(

Curious, what exactly were you looking for in starting this thread . . .

The Dutch Defense is neither Dutch nor a defense -- discuss.

The emphasis would just be 10% more towards the present trade, as opposed to relying 100% on the past "optimal" target. The way I look at it, given the way I trade, (look ma no blanket) scaling is done in conjunction with a flexible outlook, as opposed to a closed, rigid one -- systemizing a...

He must assume this, to make his theory correct. He is always right in "retrospect", where he needs to stay in order to continue the argument.

Scaling is all about finding a "better (aka current/updated) maturity area", only you are doing it in real time. What you are doing by scaling is placing greater weight on the results of recent trades, while giving less weight to the result of past trades (where the "optimal" exit has been...

It makes sense if you expect the market conditions to change; it makes sense if you define the market as a fluid set of possibilities; it makes sense if you consider the market complex, as opposed to simple as you keep reminding us. How do you even begin to adjust your targets, if you find...

As long as you keep posting the above, I will continue to post the below, so address this issue directly for once please.

Hey if it ain't broke, don't fix it. :)

Thanks, that's comforting -- I guess :)

Actually I was not referring to ping speed, but just if the bids/offers were "firm", so to speak. Sounds like with 300 million on either side that currenex has a sizeable trade minimum? Futures are really the only regulated venue for currencies available to individuals; given the exact...

Here is an interesting pawn formation that came up in a game I played yesterday: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1245081>

I assumed the question was globex vs retail spot (eg, oanda etc), but the original poll just said spot, so my bad. As I understand it, currenex still allows banks to choose to whether they want to fill an order, whereas globex is "what you see is what you get". In any case, I'm not familiar...

I know, I take it off my screen but keep coming back to it -- like ZI's :( But I just call it how I see it -- and even if I still hold the same opinion afterwards, at least I've done some more thinking towards this topic than I otherwise might have.

It's like me saying "Selling the top is the best way to exit a long trade", then pulling out example after example where I'd point to the top and say "Yep, I'd sell out here". It's an illusory application of a rear-view mirror "proof". Granted, I believe he is honestly posting what he feels...

Name one advantage retail spot offers over the globex system (which is where, now after the merger with cbot, pretty much everything else trades), aside from the fact that you can open a $500 account and trade microlots.