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AndrewS

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Everything posted by AndrewS

  1. http://fxrenew.com/fxr_atr_pivots/
  2. Try to do your own homework, before posting comments which others don’t need to see.
  3. For example, he has 19 trades of winning 1$ and then loses $9.50, netting $9.50. Trade analytics is accessed through MyIG at the top left of the platform.
  4. Return rate=win rate*(profit/loss ratio +1) He is making about twice as much on his winning trades than he is losing from the losing trades.
  5. Welcome to the forum. I have posted several times about the way I trade and you can ask questions. My stats are highly distorted through hedging and scaling and at present are not really changing. Without kidding you I was looking at a 1 minute chart of the Dax at the time Caseynotes posted that chart. Perhaps you could post a link which explains some of the things on your chart or provide a short commentary.
  6. A weekly chart of the EUSTX50. I have my eye on the yearly mid-pivot.
  7. Seasons Greetings to all. My win rate continues to be at the correlation between the Dow and the Dax over the last twenty 15 minute periods.
  8. Writing from limited personal experience I have found that when I agree with Lucifer it is a sign that I should stop.
  9. For me the fees are not really a consideration since I am paying a spread over and over. The real advantage of a decent win rate combined with a higher trade frequency is this. If I were putting on a trade a day with a win rate of 75% then on average I would have 5 losing days in the last 20, but with the higher trade frequency of 14 trades a day I have had no losing days in the last 20 days.
  10. The manner in which I expressed myself was influenced by the third last paragraph of this review. But I was referring to a how a writer on “Insight Therapy” may have unnecessarily alienated some readers while writing about cult-like thinking. https://www.thenation.com/article/archive/reza-aslan-historian/
  11. This may not be on topic, but I am addressing an article that has been linked here. “Finally, like religions, conspiracy theories are, at the core, about community, manifesting our most fundamental tribal impulse—the psychological need to belong, to be part of a well-defined in-group and, by extension, to recognize and fight enemy out-groups. Like religions, conspiracy theories are group phenomena, shared by communication rituals that help adherents manage emotions by, “transforming unspecific anxieties into focused fears.” As in religion, successful (enduring) conspiracy theories
  12. All the threads are still there for me. Do you want me to save a copy of some threads.
  13. Glad to see your posts at the Indices thread. James16 and company at the Forex Factory had the great phrase “day trading off the daily charts”. That and trading the hourly ranges is what I have been doing recently.
  14. This is a somewhat funny story. About a year ago I saw a review of an automated trading system which I downloaded from a Russian website which has hundreds of pirated systems. The trading system was simply optimized moving averages with a buy the dip strategy and retailed at over $1,000 when it was launched. Anyway the reviewer would scan a number of instruments assessing the market structure and then select those instruments where the automated system would “work”. He gave the system a four star rating because it had a 80% win rate. But the “success” of the system was entirely through th
  15. Well I started off with the Boo Hoo and now I am laughing. So thank you.
  16. It is interesting that the OP describes a playbook that is unfolding in this thread.
  17. I have seen it a hundred times, but it still surprises me.
  18. I broadly agree with the OP that learning to trade is a process and there is no off/on switch. In one thread you likened chart reading to reading horoscopes, but for me it is more like reading footprints in the sand. If one footprint has sunk deeper in the sand then there is likely to have been more weight above it.
  19. I fear that my online love affair with the Nikkei may be ending.
  20. The French index dropped 0.43% between posting the first and second charts and the last daily profit figure in the trade analytics was entirely from scaling out of a long and a short on the Dax.
  21. For me multiple time frame analysis is more of a solid approach than hopping from one “indicator” to another. I am most profitable scaling in and out of a swing trade.
  22. I look at the French Index primarily for the Dax.
  23. I’ve had my eye on the 200 day MA in the French Index recently.
  24. 3,448 may be a level of interest on the S&P500. It is the weekly R2, daily R1, top of a large bearish outside bar on the eighth of September and around a .618 retracement from the September low to the high.
  25. In practice I think such a trade has a higher risk because your exposure is twice as much by going long one index and short the other at the same time. Also there is additional risk because managing the two trades together is much more difficult than managing one trade. Since the two indices are so highly correlated I think it is lower risk to go long the Dax when the Nikkei is coming off support or to sell the Nikkei when the Dax is coming off resistance. The temporary out performance of one index relative to the other is much less of a story in comparison to the strong correlation. This
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