gdp's Comments

FX Trading Blog - innerfx.com : Friday Charts

Fri, 2 Aug 2013 11:13:15 +0000

thanks, it\\\'s minimalist. I got rid of most plugins so people can concentrate more on the articles while they are loading faster :)

FX Trading Blog - innerfx.com : Fighting the Odds: One or More Indicators?

Wed, 3 Jul 2013 07:50:35 +0000

see my reply below

FX Trading Blog - innerfx.com : Fighting the Odds: One or More Indicators?

Wed, 3 Jul 2013 07:48:04 +0000

the difference between 1/3 and 3/10 is negligible (33% vs 30%) in this case. We're not doing rocket science here, just showing an example using round numbers so it's easier to understand.

FX Trading Blog - innerfx.com : Thursday Charts

Thu, 7 Mar 2013 09:05:03 +0000

instead of giving up I prefer to take breaks when things either go bad or I don't have time to focus on trading. But to be frank I'd definitely sell a course myself if I'd be good at finding and documenting some trading methods :p Regarding EURUSD: I think that selling below 1.2965 at this stage is not the best option because the decline from 1.37 was quite strong, and strong corrections are quite common during/after strong declines. If 1.3050 remains intact after this recovery, given it is a minor resistance, that would be a confirmation that the "strong decline" is still active and 1.2965 would be breached easily -> selling on the breakdown becoming a good plan.

FX Trading Blog - innerfx.com : Thursday Charts

Thu, 22 Nov 2012 08:03:10 +0000

Hi Nader 5 years? Wow. Glad to have you here. I will definitely consider your suggestion thanks

FX Trading Blog - innerfx.com : Charts to Start the Week

Thu, 6 Sep 2012 07:14:45 +0000

thanks mate and welcome, nice to have you on board

FX Trading Blog - innerfx.com : Midweek Charts That Matter

Thu, 6 Sep 2012 07:13:24 +0000

hi and thanks. Agree, it looks ready for another run

FX Trading Blog - innerfx.com : Tradingview.com Review

Thu, 26 Jul 2012 07:05:35 +0000

I think they will keep it that way. They have another product for trading purposes: www.multicharts.com

FX Trading Blog - innerfx.com : Tradingview.com Review

Thu, 26 Jul 2012 06:38:00 +0000

Hi Demax It's a bit of misunderstanding - tradingview is only a charting platform, not a trading platform. You can't place any trades through it, just watch the charts and use the technical analysis tools. So it's no big problem if it disconnects sometimes.

FX Trading Blog - innerfx.com : Fighting the Odds: One or More Indicators?

Mon, 16 Jul 2012 15:13:14 +0000

thanks for your comment. It's been over-debated whether taking a very, very bad trading system and trading the opposite would turn it into a profitable one. At first sight, yes. But the answer is "no". A "mirrored" bad system won't become a good one for the reason that trading results can't be only "right" or "wrong". It's not the same as tossing a coin. There's a huge number of possible outcomes between "right" and "wrong" caused by price behavior during a specific time-frame. So, basically, if one trades the opposite way of a "bad" system could easily result in even worse results. That's turning the bad into worse. Or one could have slightly better results, but still far from profitable. This can be illustrated using a trading platform backtesting features (such as MT4's), where you can inverse the buy and sell triggers of an expert advisor and see what happens. The major problem with using several indicators (such as the 50% ones I mentioned in the article) is that they will miss most opportunities and only catch one every now and then. The more indicators you have,the more likelihood there will be to miss many good signals generated by each of those indicators (or only by the main one if others are used as "filters")

FX Trading Blog - innerfx.com : Breakout Trading Setups to Watch 7/5/12

Fri, 6 Jul 2012 08:54:45 +0000

it's the same as AUDUSD. Yeah, a good candidate for a nice breakout

FX Trading Blog - innerfx.com : Charts to End the Week 5/25/12

Tue, 29 May 2012 07:20:39 +0000

yes, I think there's more downside for EUR

FX Trading Blog - innerfx.com : Dollar Pulls Back After Strong Rally, Euro Recovers but Remains Under Pressure

Wed, 23 May 2012 20:15:56 +0000

yes, it does. Resistance still intact, but worth watching it :)

FX Trading Blog - innerfx.com : Charts to End the Week 4/27/12

Fri, 27 Apr 2012 08:26:11 +0000

yeap, they always come out of the closet to scare the little children who've been playing nicely. Such trolls Waiting for GDP...

FX Trading Blog - innerfx.com : Charts to Start the Week 4/23/12

Thu, 26 Apr 2012 06:24:18 +0000

I think the same... that a breakdown is favored

FX Trading Blog - innerfx.com : Midweek Charts to Watch 4/25/12

Thu, 26 Apr 2012 06:23:25 +0000

hi Kenwei Well, I certainly hope it won't... I have a long position since two days ago so I'm subjective :)

FX Trading Blog - innerfx.com : Happy Easter!

Sat, 7 Apr 2012 19:01:29 +0000

thank you! I wish you the same

FX Trading Blog - innerfx.com : NFP Day is Here

Fri, 6 Apr 2012 08:06:39 +0000

probably a good idea not to trade until after Easter holiday. Anyway, if it moves.. it's tradeable :)

FX Trading Blog - innerfx.com : Midweek Charts 4/4/12

Wed, 4 Apr 2012 07:49:51 +0000

Hi For some reasons, my MT4 is not working today. Will try to fix it later, perhaps I have to reinstall it...

FX Trading Blog - innerfx.com : Thursday Charts: Dollar, Aussie Losing Ground

Mon, 26 Mar 2012 07:27:09 +0000

Hi It depends, I don't follow strict rules and that's probably a bad thing. I prefer to enter a breakout trade after a daily close but sometimes, when I feel confident about the breakout, I anticipate the move and enter earlier. And the EURNZD was such trade - I actually entered earlier and trade went smooth, then I added another long position and things turned against so I had to close the first trade and keep going with the second one, but overall things were bad because 2nd trade loss was larger than 1st win :) I normally use stop-losses of size depending on pair's daily range. Anywhere between 70 and 200 pips stops on short-term trades (between 2 and several days time frames)