badtrader said:What do most of you trade on here when playing the FX markets, S/B or CME Futures?
Mainly S/B, but I've got an account with IB so I could use Globex futures.
ivorm
badtrader said:What do most of you trade on here when playing the FX markets, S/B or CME Futures?
badtrader said:What do most of you trade on here when playing the FX markets, S/B or CME Futures?
##BT..can I join? If only to fade your calls??!! :cheesy:badtrader said:LOL Yes as long as you are a looser, Chat room is to be arranged, any thoughts on this. can anyone access AOL Chat maybe?
trendie said:great ideas guys.
I think we should be politically correct about the title though.
I prefer "differently-successful" or "profit-challenged" to losers club.
also, like the idea to keep it within the T2W arena, rather than going off to AOL or MSNMessenger.
one question, badtrader: are these simply going to be calls, or will there be analysis ?
Will you teach us your methods, or do we simply blindly follow calls ?
( what if you give a call, then the system goes down - for 2 hours - meantime the market reverses, and we sit there sweating waiting for your post to get out or not ? )
My preference is to be taught insights and principles.
trendie said:great ideas guys.
I think we should be politically correct about the title though.
I prefer "differently-successful" or "profit-challenged" to losers club.
also, like the idea to keep it within the T2W arena, rather than going off to AOL or MSNMessenger.
one question, badtrader: are these simply going to be calls, or will there be analysis ?
Will you teach us your methods, or do we simply blindly follow calls ?
( what if you give a call, then the system goes down - for 2 hours - meantime the market reverses, and we sit there sweating waiting for your post to get out or not ? )
My preference is to be taught insights and principles.
Zinger said:Trendie - the words horse, gift , look and mouth spring to mind..........
If Badtrader is going to make live calls - and based on his track record profitable live calls - why not try and analyse why he is making these decisions? Regards sweating - why would you be sweating if you have a stop in place ?
I do not mean to sound like an apologist for badtrader ; however I posted a couple of live calls and found it bad enough doing that without posting accompanying analysis.
(Maybe that's just me - always being told I am no good at that multi-tasking thing ) If the analysis comes along later - then great !
Must admit - looking forward to it though...........
trendie said:the challenge is to unravel the method.
looking forward to it.
Quercus said:Trendie - you make a very good point!
It is this "pied piper" approach to trading that gets everyone absolutely nowhere. This is why some of my previous posts regarding "live calls" have been somewhat unconstructive - for this I now apologise badtrader. But my point still stands.
To simply fade other peoples random trading decisions may be fun and make use of a dynamic market, however, it only benefits the fader. If these fades came with comments such as "I'm fading this one because of the last 3 minute candle" or something similar then this would at least be vaguely educational. I'm not a loved up indicator junkie, but similar indicator related reasoning would be great too!
Just my two penneth, and I promise to make my future comments constructive or silent!
Cheers
Q
Livermore said:The move (40 pips so far) this morning came just before 8.00, so I think we should change the Big Ben strategy to between 7.00 and 8.00. Do you agree?
DoubleSix said:abo/Liver
There is a trading setup which says
if the Frankfurt boys push it up at their open and it then falls back but the London boys then take it above the Frankfurt high, go long
and vice versa
so the first move should happen around 7am and the second around 8am.
is that what you call the "Big Ben " effect ?
abobtrader said:Hi doublesix, the effect I initially observed was that you often get sharp moves at 7:00 on the nose, which is when London traders start trading, and this can sometimes be profitable to trade. I just don't know how robust it is....like your strategy, my observations held up for a few months, but then fell apart, just as I was about to commit real money.
dc2000 said:1.7306 on the futures target 1.7000
dc2000 said:Im tempted to short cable here
good idea /bad idea?