If RSI, MFI, Stoch, magic line, etc. is pointing down the price should go go down, no doubt. It is an indicator that price follows, believe me, my friend. PS. Two things are infinite: the universe and human stupidity; and I'm not sure about the ...

Help me to Improve This System

1/2 EURUSD and 1/2 NZDUSD long positions' closed.

Point and Figure Trading

Having in mind NZD seasonality, long trade could be the option to make good profit with small loss risk. Check the article and the chart. Good luck. http://www.efxnews.com/story/21942/h...-nzd-trade-anz

Point and Figure Trading

EURUSD trade.

Point and Figure Trading

That's why I didn't post my settings before as I have no time nor wish to answer "how to setup" or "how to do". I welcome anyone who is trading already and has something to share. Sorry for being too straightforward with this. Seems like EURUSD ...

Point and Figure Trading

EURUSD 1x10 P&F below. Longs opened with tight SL just few pips below bottom channel TL. Possible breakthrough down should be taken into account. image

Point and Figure Trading

I use several charts to get a picture. Also, I don't use P&F as it was used (as it is described and recommended in the famous book of Jeremi du Plessis). Instead, I use 1pip box with 30 reversal (so 1x30) for a big picture and situational awareness ...

Point and Figure Trading

Hm, no interest. Ok then, best luck to all.

Point and Figure Trading

Friday trade. Waiting for USDJPY to reveal itself Possible buy on the breakthrough or on the bounce from the bottom line. image

Point and Figure Trading

Evening trade: AUDUSD short 0.9505; SL 6 pips, TP1 0.9470 - +35pips, TP2 0.9455 - +50pips. R:Rw 1:7.

Point and Figure Trading

AUDUSD reached my point of entry - short at 0.9505.

Point and Figure Trading

EURUSD trade stalled as the market forms triangle in the anticipation of the fundamentals. Trade closed in few pips profit. image

Point and Figure Trading

Morning trade. Shorted EURUSD with moderate TP of 15 pips. Monitoring AUDUSD for the breakthrough. image image

Point and Figure Trading

It's EURUSD, obviously. Results of the evening trade: TP1 reached immediately after my post, TP2 reached soon after midnight. SL= 6 pips TP1=23 pips TP2=37 pips Rk:Rw=1:5.

Point and Figure Trading

Allright. Slowly getting to TP1 and maybe TP2. image

Point and Figure Trading

Looking for the further EUR weakness, shorting @.8425 and @.8440. Look at tick chart below. Good luck. image

Mastering the Art of Trading

If you take this so called system as the trade method and use your brain instead of a pulling the trigger only based on A follows B then C, you will definitely make good profit. Use tight SL. Use sound R:R. Do not over stress yourself and you will ...

Ichimoku King System

In a way that this trading style is just a pure lottery (guessing) I like it.

The similarity system

Secret indicator isn't secret at all It's trader's mentality. Most of them trade 1M-15M charts however they can't be profitable on D or W ones. Next is the stop loss thingie and the overall trade control. If on a 5M charts one uses stops (it ...

The Secret Indicator?