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Old 16-08-2009, 08:53
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Join Date: Mar 2009
Location: Pretoria South Africa
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Default Randomness

Has anyone read BWILC? The author claims that the market is random and price movement cannot be predicted. I think he is right. When I started out on a demo account, I treated it in the same way and was quite successful - to the tune of 10 000 pips per week but that is very hard work. :D

What are your thoughts on randomness in the currency markets?

Last edited by Henry; 16-08-2009 at 12:39.
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Old 17-08-2009, 13:30
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Join Date: Mar 2009
Location: Pretoria South Africa
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Quote:
Originally Posted by Henry View Post
Has anyone read BWILC? The author claims that the market is random and price movement cannot be predicted. I think he is right. When I started out on a demo account, I treated it in the same way and was quite successful - to the tune of 10 000 pips per week but that is very hard work. :D

What are your thoughts on randomness in the currency markets?
After I wrote this I thought about giving that method a try again. I am up about 1250 pips for the day. The problem is that you cannot leave your workstation whilst your trading and programming an EA is near impossible. So do I leave it or carry on? :confused:
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