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RickM replied Oct 2, 2017I should also mention those are my trading charts on my VPS server. My Decision to enter a trade is based on the standard Day Cross- over of the PAC and technical analysis of monthly / week charts.
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RickM replied Oct 2, 2017Hi Tomgu I brought a commercial trade manager for another reason last year ( US$100 ) and found it can also trade basket MEME management. However it has one feature missing that I really need so it is still a work in process. I have attached some ...
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RickM replied Oct 1, 2017Trading using MEME can certainly be rewarding for you at times. I was trading the range on the GBPCAD on Thursday night around Red news time hoping for some movement both ways. I trade the Day chart direction however follow my trades on the 1 hour ...
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RickM replied Oct 1, 2017Hi Sabbah Big E spend many thousands of hours of trading time and then developed this system with H4 only in mind. Many traders found out later it also works on the Day chart as well. Here the TDI is king. If you do attempt to trade on the lower ...
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RickM replied Sep 18, 2017Hi Black Excuse me for cutting in. If you could enter about the Average price with the same lots, you would be either a genius or extremely lucky. Many have tried to pick the sweet spot as a trend develops but you will probably blow your account ...
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RickM replied Sep 16, 2017Hi Philstodd, I mean no disrepect. If you want to make money in the Forex world, you really need to want it REALLY REALLY Badly. That means thousands of hours of research and trading time spend away from family and friends ( 2 - 4 Years ). There's ...
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RickM replied Sep 10, 2017So, Big Picture Analysis complete for this week. Lets see how it turns out. Selling EURGBP - Will sell on open, I have a good feeling about this trade. Yes, Agree with Mazibee @ emmanuel. Selling USDCAD - Weak USD for some time by the looks. CAD is ...
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RickM replied Sep 10, 2017I do like the look of selling EURGBP, the Daily BEEB candle is the killer signal for me along with the weakening EUR and the Strengthening GBP. Target price for me is always the 50EMA. Below is my Big Picture work chart.
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RickM replied Sep 7, 2017EU still looking Bullish on the 15 Min Chart but to early to push the button just yet. There is around 200 pip space above this level to a Monthly Resistance level so a short Buy trade may work out. Looking to take this trade soon as per my Top Down ...
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RickM replied Sep 6, 2017Emmanuel, the retracement for EURNZD was only around 190 pips. That's an average gap of around 38 pips between these 5 trades. Are you sticking to the TDI 5 min or TDI 15 min signals here between these trades as your go to MEME Method instead of ...
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RickM replied Aug 8, 2017Sure did but that was a Hedge due to Fridays fall. I had to rush a hedging trade after strong news on Friday then later closed the Buy position. Very happy to stay short at present. Short almost any JPY Pair and you can't go wrong. Have a look at ...
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RickM replied Aug 7, 2017EURAUD on 1 hour chart is indeed looking good. Notice how price action loves the 200 EMA line on the 1 hour chart. This is of course the Day 10 EMA line. My Buy signal after the TMS cross is the move away from the Red 200 EMA Line ( Daily 10 EMA ) ...
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RickM replied Jul 16, 2017Hi Macajos Open up the inputs and click False Line 2 Enable / Line 3 Enable / Line 4 Enable at it should look like below. Set it to Day use only. Then put a second BN Levels on your chart and set for H4 and below. Cheers Rick
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RickM replied Jun 24, 2017I always follow the Weekly until it makes a fool of me. I still favour short but will wait till London Open on Monday In general, EUR seems to be selling off at present.
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RickM replied Jun 18, 2017Nothing that interesting, just an indicator for inside bars. Hours spend on the charts does things to your eyes, just helps to focus my line of thinking when I am browsing through my 18 pairs I watch. Sometimes I feel jealous in the likes of those ...
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RickM replied Jun 16, 2017Lets just see how far this EURAUD will run. I switch over to Chart B which has no TDI, just raw candles and the 5EMA+3. I will add extra trades along the way and exit on a cross of the 5EMA+3. See also in the second chart. My exit strategy also ...
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RickM replied Jun 16, 2017Nice Bearish Day trend occurring with EURAUD. Looking like there will be more good trades next week due to the weakening of the EUR and good strengthening of the AU. My pick for next week.
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RickM replied Jun 16, 2017Nice words however there is nothing easy about trading the Retail forex market. As we are human (mostly unless you are a robot) it can be sooooo hard to follow a well designed trading plan sometimes for some unknown reason. There can will be a big ...
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RickM replied Jun 12, 2017What's your point of view, turn off the charts first. Is there anyway the GBP can't weaken and the EUR can't strengthen in light of the UK Elections last weekend. Surely Prime Minster May is going into the Brexit on a far weaker position than she ...
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RickM replied Jun 12, 2017Gold falling into support area within a good Weekly Buy trend. No sell in Day PAC at present as we are in a Inside Bar Candle today. 50/50 at present so maybe lets wait for a possible weekly Buy trend to re-establish. Personally, I am looking for a ...
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