here is update real time its crossing open and comming toward short
current pending order the top line is open then 2nd line is short line the third is TP note that if price doesnt reverse and hit this price...
their are outliers im not saying this is 100% im just saying its profitable.. yes vol does change and so statistics should be run rerun every so...
[/b]i guess im not looking for extreme bars im using the bars stats where it extends past the short side of the bar if it hits that then there...
earth how bout you..?
these trades are fast ill try to get some real time trades up.
20 ema line on eur/usd every bar is entrance opportunity. look how the short side is 90%+ always minor move and the long side is large
[/b] about 4-5 2min -15 min average prob i trade execute myself im sure it could be automated but i dont believe in that bout 3 years id...
this is what i consider beginning direct statistical trading.. this is a simple profit extraction system.. not prediction system... i do not...
ok NTW31 where does the stats come in...? well for statistics to work you need to have fixed objects to sample from a population... population...
ok now that im starting to sound like a trend trader. we wont get into stats yet but well talk more about bias ... ever wonder why confluence...
well for me this means that bias or buy/sell pressure that creates trend drives trend ... and thus this is what i want to look for when i...
sorry about me taking so long to post this i was in the process of moving to florida. :) now its like im on vacation 24/7 :) lets start with...
look who did the research on this and then published the findings.... makes you wonder.
investment broker... i forget sometimes im on a trading forum :) investment broker... fund manager.... financial planner... investment companies....
hey et, in this thread i hope to introduce my way of statistical trading by clearly defining my personal approach... taking away the guruish...
ive always read somewhere 90% but these are all traders together i think that even saying statistically 90% of all traders fail is a pretty odd...
also note : look who this "research" paper is written by... hum
id like to point out that this paper was written with the intent maybe to stop daytraders.... but just like a bike rider racing toward the...
and i get yelled at for saying it. this is good :) why? you know the zone you dont know whether it breaks or holds do you trade on either...
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