Go Back   DailyFX Forex Forum | FX Forum
Reload this Page Sidebar Wrapper

Thread: Discuss the USD/JPY with a DailyFX Analyst
View Single Post
  #3144 (permalink)  
Old 10-15-2009, 09:14 AM
qed's Avatar
qed qed is offline
Member
  
Join Date: Mar 2008
Posts: 844
qed is an unknown quantity at this point
Quote:
Originally Posted by asherewt View Post
background, Yes and No

I've an IT Background and that perhaps makes few things easier for me to get started with. I've actually been doing research on few high-frequency auto trading applications (not those stupid cheap 99$ forex bots ) and decided to write my own Forex Auto Trading Software. Perhaps thats where I started looking at these crazy things.

I'm quite far from that stage where I've this software with me but perhaps an EA doing what I'm doing manually could be the first stage I guess. And I'm working quite hard on it.

Basic idea if I could explain is to get rid of Lagging Indicators (MA, RSI, MACD and so on) and try looking into the Future ... if you know what I mean

Good talking to you BTW, we must stay in touch.
I have heard that many indicators lag. What would you consider a forward indicator, if such a thing exists?
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 02:33 PM.
Copyright ©2009 Daily FX. All Rights Reserved.