You might be able to improve on this (a cool idea, btw) by maybe multiplying by the correlation coefficient? I guess this would be unneccessary if...
SEC has no control over futures market
That would only work for the days where there is one prevailing trend the whole day (a long red or white candle), not like today
What about the electronically traded minis? I think this applies there, of course that means someone other than pit traders (because there aren't...
Interesting, what methods are you using for your entries and exits?
I guess I may have worded my thoughts incorrectly. I don't mean large institutions, but rather the pit traders (as TheStudent) pointed out....
Yes but in modern day trading there is much more volatility, floor traders aren't just picking off points around the pivots, they're obviously...
So why not try to follow in their foot steps? :)
I did a little thinking today and I would like an oppinion... Futures are a zero sum game, and popular belief (and I guess a little fact too)...
Depends :) Go to Oanda.com and play the FXGame simulator, see if they work
catching breakouts on the 60 min? :D
The new margin reqs are 2000$ initial req and 1600$ maintainence per each contract, it used to be closer to half this... They changed this...
I've done it for about 3 days now for an hour or two at night each day. I'm up 500 so far trading 50,000 EUR/USD units at a time (3000$ of margin...
Oanda.com has 2-3 pip spreads on EUR/USD
I've recently started venturing into forex myself (from ES) and I like it a lot, I'm even considering moving money into a forex account and...
I guess the way porgie put it was blunt and without clear reasoning. I'll try to help though... You shouldn't be too concerned with commissions,...
I use wld 3.0 for autotrading systems, fairly reliable after all the kinks were worked out another thing you guys might want to check out as...
Those numbers sound a little too good to be true :) Make sure you're not over-optimized, if you are you will fail even without re-investment
First of all, I have to agree that you will probably do better on a higher timeframe, maybe 3 min? Ok, on to the chart. Your first entry was good...
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