url Just another reason why osscilators are useless. This is a link I found very helpful. Pay particular attention to attractors. Its these static and strange attractors that make up a market. They use the example of a city with or without a ...

^eagle^'s trading method

Trend is an illusion. Its the SLOPE of the trend that is important. A few posts back I showed to not trade against the trend if the slope has exceeded a certain amount. 70% of the time the market is in either congestion or ranging. (there is a ...

^eagle^'s trading method

Well after a few BE sydney scalps I went to bed only to wake up the next morning to find we broke through the Asian box and was setting up nicely at the first aqua X. I plunked down 1.5 times maximum lots only to be greeted by a big spike minutes ...

^eagle^'s trading method

One more. was looking for a reversal at 1.33 but the Chinese are off kung fu fighting somewhere tonight. No buyers to be found. Stopped for a BE. BE happens alot with this method. It's better than losing. maybe should have looked to sell the retrace ...

^eagle^'s trading method

here's a buy reversal that was stopped for Break even. The humming bird dipped her beak with the hard candle and I took a chance with a small amount. Broke even. better than losing and I can look again for more humming birds.

^eagle^'s trading method

Here's a quick little scalp I saw when I got home from work today. Sydney scalps a very safe and effective way to build your equity. I used my 2/3 maximum on this one and added 3.3% to my account while I took a shower. Like a salmon jumping in the ...

^eagle^'s trading method

When I get to the historical open orders page I change the timeframe to onbe day. Then I look at the net buy and sell. these are the areas where the sharks lie. This is only Oandas slice of the pie though so it is not written in stone. But the ...

^eagle^'s trading method

One of the uses for the MTF jam slope is to run two together. This template has the h4andh1 JMA' slopes in separte windows. the bottom one is the h4. I drew two lines on it to help determine whether the market is trending or ranging without having ...

^eagle^'s trading method

Well I got to go to bed. Have fun ya'll. This channel looks strong tonight. I just missed my entry at support by a pipette! Getting a little sleepy and frustrated so I will call it a night. Look for a break of the box at the frankfurt open. Right ...

^eagle^'s trading method

The asian channle has formed up. Had there been better support and resistance lines like h1 and h4 to back up the m15 support lines I would have taken both the lower trade and the upper trade. But because of yesterdays crazy whipsaws I didnt feel ...

^eagle^'s trading method

Another thing I like to look at is Oanda's historical open orders. It's a heat map of buy and sell orders. This is my back up go to map when Forex live hasn't posted any orderboards. From the heat map I get a good idea of where S and R lines are and ...

^eagle^'s trading method

If there is an interest I can open a skype room. I see a lot of lurkers but not a lot of responses. I appreciate you all letting me talk but Now its time for examples. Let me know if there is an interest. I learned the most by going into trading ...

^eagle^'s trading method

Asia is strting to wake up. I like to look for bounces during this session. As a rule Bounces are much more likely to happen than a break out so don't expect any long running trades during asia. Mostly bounces. I like to wait til China runs the ...

^eagle^'s trading method

Exits....... You never go broke breaking even or taking a profit. Only a big loss can hurt you. because I use a soft stop I place my hard stop like 600 pips from my entry. I do that so there is a stop there for the EA to work with. The key is to ...

^eagle^'s trading method

Entries....... OK! I know you have been waiting for it Entries! How do you put this all together. Well This is what I do. I make a cup of coffee. I check my emotional and physical well being. If im really tired, angry, or sick I do not trade. I ...

^eagle^'s trading method

Trading psychology....... Trading requires emotional discipline. You can't get too excited when you profit or too angry when you aren't correct. The most important thing to remember is do not jump the gun until all your ducks are in a row. When you ...

^eagle^'s trading method

Sorry Lastingwell! I just caught this. will fix it right away. I will add the regular JMA slope as well although Mine works fine. Try changing timeframes. Sometimes I found it gets stuck. edit: The S_R Barry-Eli Mutli TF is uploaded. Sorry about ...

^eagle^'s trading method

Headline ZEW german economic confidence strongest since 2010. definite Buy Euro signal

^eagle^'s trading method

Yep, Happens everytime. I pulled the trigger thinking the retrace had ended without looking at the economic data and got stopped out on the ZEWnews. erased yesterdays gain. Happens everytime I don't check all my boxes. I saw that it was expected to ...

^eagle^'s trading method

Money management..... In the upper left hand corner of my screen there is a money management readout. The first thing I look at is the maximum lot to trade. When first starting out take that number and divide it by ten. That is your maximum amount ...

^eagle^'s trading method