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Old 11-27-2007, 03:53 PM
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Quote:
Originally Posted by Ravique View Post
My forex life? Since i don`t have much time to sit at the monitor and trade all day, i was hoping to come up with some kind of a system, find a programmer that would automate it. So i have spent a lot of time looking for profitable indicators, indicator combinations and so on. But then i realised that indicators are useless. Now i am looking more into murraymath , gann charts, and stuff like this. I find forex very interesting. It looks very easy - up or down, but looking and exploring ( and trying to predict ) these up downs is veryy interesting to me. I haven`t traded for real. I don`t like illusions, so i will start trading when i will be 98% sure in the system i am going to trade ( hope the first one will be fxfisherman ;-) )
I agree the forex seems very simple when we think we can ride the up and down trend without making a loss, in practice it is not so simple, but some strategies that are simple seems to allow us to have consistent wins. Such as MA's and a few confirming indicators, all of which have lag, I think the solutions to predicting the future probabilities of markets is either:

1) become a mathematical genius

2) let artificial intelligence algorithm do that for you and take in the $$$

I think I choose the second option.
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