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60minuteman commented Apr 5, 2013good, but stop telling everyone, they're making it easier for us
'Monkeys' beat the stock market
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60minuteman replied Apr 4, 2013I have seen people who build EA's for a living try and code basic s/r robots before... From experience I can tell you straight off the bat this will not work without some context, unless you max out on the R/R and can accept a very low win rate.. ...
Ramblings of a Forex Junkie
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60minuteman replied Apr 3, 2013The 50ma is a great visual indicator of the trend on that TF, when price is stretched away from it it will make a move back to it and vice versa when the price hits it it will often break away.... The important part about an engulf is not the exact ...
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 3, 2013I promise you 100% if you want to design an EA to trade this it will not be simple, just because the criteria for trading is simple for the human brain there is way more discretion used than you would ever believe.... but good luck anyway, also I ...
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 1, 2013here's an example, a current long on h4, once h4 engulfed I went to M15 and took the first engulf long and was able to get very small risk for the potential rewards.. as I said this works on all timeframes, its how price moves.. anyway I don't want ...
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 1, 2013yes, it means you will be taking the trades with the best reward potential, you will in effect be trading the weekly tf but it will only be costing you daily tf risk
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 1, 2013ok fella... but like I said, this is how price moves on all timeframes, so if you need to enter on daily, look for weekly to give you the nod... EU daily engulf down this week would be an A++ set up... if you cant see what I mean I will do you a pic
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 1, 2013here's a pic to help... Gu Daily engulfs, dropped to h4 for precise entry... there will always be one!!! which makes life much more simple (second long is what i call an engulf in disguise, requires 2 candles to close over the sr instead of 1, its ...
Buy/Sell Line for Daily Chart
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60minuteman replied Apr 1, 2013Hi Wend... you're on the right track here, there's so much I could add in the way of ideas and tips that it might be more of a hinderance than a help, So, I will try and give some very simple clues to get you in the more profitable ball park... what ...
Buy/Sell Line for Daily Chart
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60minuteman replied Mar 31, 2013Well i disagree with you seneca, this is basic support and resistance ideas that have been around the block for eons.. it's solid reliable trading though and thats what is good about this thread, nothing more, nothing less. As for Les Lau, good luck ...
Ramblings of a Forex Junkie
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60minuteman replied Mar 31, 2013yes everyone will, even the people following the thread will... but if you were really afraid of people stealing ideas you wouldn't put them on a public forum in the first place...
Ramblings of a Forex Junkie
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60minuteman replied Mar 31, 2013every technical strategy / idea is already out there, all indicators work of the same basic data, trading is just finding the fine balance between risk and reward and then finding a way of repeating it. London Breakout url Daily Hi/low url
Ramblings of a Forex Junkie
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60minuteman replied Mar 31, 2013Seneca are you seriously suggesting that you invented support and resistance trading or london breakout? Previous days hi, low has been used for ages and ages and theres hundreds of threads on here and babypips, come on guys remain grounded...
Ramblings of a Forex Junkie
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60minuteman replied Mar 30, 2013if the close is higher than the previous weeks open. The outside bar pattern is equally if not more effective. For that you need the low to be lower than the previous weeks low and the high to be higher than the previous weeks high.
Price Action with the Weekly Chart for Massive Profits
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60minuteman replied Mar 28, 2013this has a good message about what's involved in becoming a craftsman in your chosen endeavour url
Ramblings of a Forex Junkie
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60minuteman replied Mar 22, 2013as for you Fav, you need to grow some balls and start your own thread don't just hijack other threads
Daytrading/scalping with high leverage - my proven strategy
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60minuteman replied Mar 22, 2013Yes I can, anybody can, the upside is always endless, but trading is about controlling the downside, staying in the game.... all this bull about thinking outside the box doesn't mean stupid is fine.... IF you like the appeal of high rewards then ...
Daytrading/scalping with high leverage - my proven strategy
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60minuteman replied Mar 22, 2013so 2.5 pips tp and 100 pips sl is not negative R/R for you?

Daytrading/scalping with high leverage - my proven strategy