I just have found that oscilators are pretty much useless,.

^eagle^'s trading method

I appreciate your comment. Everyone is looking for the next easy money system when they should be studying the market itself. I only trade what I have learned. not what I was taught. big difference.

^eagle^'s trading method

Well I have to run off to work for a couple of hours. Damn job keeps getting in the way of making money. Ill be full time soon enough though. remember I have done this in my spare time. I work 50+ hours a week. No excuses! Going into money ...

^eagle^'s trading method

Here is a trade I missed and cancelled out. I set up a buy limit an hour or so before NY open. Just after that congestion peruiod before the NY open. By the looks of the price action of the candles I thought that price might dip down below 1.3300. ...

^eagle^'s trading method

The fundamentals This is often the missing piece I see in so many systems out there. The fundamentals are what drive price in a particular direction. It's important to get an overall "feeling" of news and the general bias of the market. I look at a ...

^eagle^'s trading method

Thats one entry yes. I will get to entries in a bit.

^eagle^'s trading method

The Indicators.... S_R Barry-Eli_ MultiTF --- This little gem uses Fractals and extends a line out from them. It monitors up to four timeframes. It's set up to monitor the 15m, h1, h4 and daily fractals. the are significant turning points that ...

^eagle^'s trading method

And Ijust took profit and added 8.58% to my account. Going to bed now. So play around and have fun. I'll try to make it back for the Frankfort open! url

^eagle^'s trading method

attached below is the anatomy of a trade I just took while writing this. My stop is already at break even and my TP is a little higher above the top edge. Can you see why I entered where I did?

^eagle^'s trading method

A word about screentime I hear traders over and over again explain how screentime is important. However I feel that very few traders explain why it is important. To understand price action we must understand why the candles form the way they do. I'm ...

^eagle^'s trading method

Because I havent explained the method. This is more complex than buy or sell when indicator X is up and indicator Y is down. This is a method. Not a system, Crooks sell systems, traders trade methods.

^eagle^'s trading method

And finally the template.... This is for the m5 chart. You can zoom out or change timeframes to see the bigger picture but the JMA slope will disappear above the h1. This is my template. you may choose to raise or lower anything dealing with money ...

^eagle^'s trading method

Now I believe if there are tools that can do a job better than a human you should use them. I would rather use a chain saw to chop a tree down than use an axe. So for order management purposes I use an EA and a few scripts to make my trading life ...

^eagle^'s trading method

Thank you. Looks like more studying to do.

Still Basketting

Thanks, Just wanted to say this is the 1000th post! Did not take the trade as the fundamentals don't call for it The elections will skew the basket. So I'm sideliend now except for a e/u trade I got floating around all morning. It's been all over ...

Still Basketting

I missed the five basket. Could you state the five pairs? I see the advantage of five vs. 14. Also is there a hedge buy and hedge sell scripts that make entering easier? I could try to edit the 14 pair but I would probably just screw it up. I'm a ...

Still Basketting

If my pairs have an "i" after them (Eur/USDi) Do I need to modify the hedge scripts? I executed the TRADERHEDGE BUY ALL script and it came up saying it opened zero trades. Do I have to go in and add the "i"?

Still Basketting

OK got it thanks So who's in and who's waiting til after RBA news?

Still Basketting

image This is what I got with the indie TF at 60. seems to miss out on a lot of pips.

Still Basketting