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xtraction replied Nov 22, 2009In the bottom left hand corner of your chart you have a display for moving average and ema. What is that showing?
Law Of Chart
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xtraction replied Nov 22, 2009Bad is not a word that I associate with trading. I would be inclined to associate bad with your post to me. One's trading is either profitable or unprofitable. Trend is a myth and exist only in the mind of the trader. If trading with the trend was ...
Trading Successfully
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xtraction replied Nov 21, 2009Weekly charts are simple to understand. The lines I am not so sure of. image
The Really Really Boring Forex System
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xtraction replied Nov 21, 20091. Trend is your friend. Staying with the trend will allow you to be on the side of the trade which has a higher probability to run in your direction. MYTH. 2. Let your winners run. With the systems I trade this allows me to be profitable by making ...
Trading Successfully
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xtraction replied Nov 21, 2009No, that is not "why it worked". Nine out of ten traders lose. Many of those losers use support, resistance and trend. In trading, as in poker, you have to stay in the game long enough to get lucky. You are more than welcome to ask questions in my ...
Charts on Drugs or works of Art?
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xtraction replied Nov 21, 2009Dynamic Price Channel. Price is always breaking out of a channel. The channel is 2 dimensional - price and time. Identify what channel price is/is not breaking out of and you may solve your dilemma.
When not to trade?
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xtraction replied Nov 21, 2009Most that write about price action make it way too complex. Support, resistance and trend are concepts that exist only the in mind of the trader. Higher time frames are an illusion. Most traders never make it past the conceptual and the illusions. ...
Charts on Drugs or works of Art?
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xtraction replied Nov 21, 2009Would you please be so kind as to share your template? Do you shop for the broker paying the best interest? You mentioned a 1000 pip move against you. Isn't there a way to tell the trade is moving against you before it runs hundreds of pips against ...
The Really Really Boring Forex System
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xtraction replied Nov 21, 2009Some traders think I am "on drugs" because I use the weekly chart. image
Charts on Drugs or works of Art?
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xtraction replied Nov 21, 2009Bookmaking? Not sure what that means. Long way in terms of dollars, time or both?
Make Millions Trading Fx
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xtraction replied Nov 21, 2009In order to recommend changes, the more one knows about the system, the better the recommendations.
When not to trade?
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xtraction replied Nov 18, 2009No, that is what I was saying. Knowing that price retraces 23% in 90% of cases is an exploitable edge. Predicting turning points aren't of importance to me. Thank you, Jacko.
Jacko's Forex House of Pleasure and Pain
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xtraction replied Nov 17, 2009No offense, but I don't have a secret decoder ring. OMG, what happened to your chart?
Weekly Trend Trading Method
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xtraction replied Nov 17, 2009The thread starter mentioned the daily high, low and open. Those levels are all you need to trade profitably. image
Law Of Chart
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xtraction replied Nov 17, 2009Looks like gbpjpy is selling at a nice 40% discount but is that enough to entice the bargain hunters? image
Auslanco - GBP/JPY and GBP/USD (newstrade)
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xtraction replied Nov 17, 2009image Price goes up when buyers believe price is cheap. It's like a "shopping spree" when prices go "on sale". As the usdchf gets "cheaper" the buyers decide it is a "bargain" and run the price up. I recall seeing a poster talk about the weekly ...
Jacko's Forex House of Pleasure and Pain
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xtraction replied Nov 17, 2009Are you working on your first, second or more million?
Make Millions Trading Fx