Have you considered using the Donchian channel?

34 Day Breakout Indicator

I didn't say population growth didn't have any effect at all. What I said was demographics in itself isn't enough to explain the rise in consumption. You will find plenty of examples of countries where the population had decreased while oil ...

Whats really moving the market today?

And this is exactly the kind of example I need to explain why I encourage people to read books (in this case a visit to IEA's website would be better). Supply and demand figures for oil are released by various agencies who keep track of such things. ...

Whats really moving the market today?

dddd I don't need you to be on the lookout for me. You're not my mom. And posting 'stupid' stuff is all fine as long as it's on topic and the intent is not to spark a ranting spree. How do you think people learn anything? They ask stupid ...

Whats really moving the market today?

Thanks for the explanation, Vantage. Whatever happened to using TrendMagic (or Supertrend or StepMovingAverage) to let trades run? I know this isn't perhaps the best indicator, but on trending days it works really well. Maybe Mrs V should have ...

Higher low, lower high system

Vantage, have you migrated to Heiken Ashi territory or is this just an illustrative chart to make a point? There's been a mass migration to HA charts recently and I'm just wondering whether they got you too.

Higher low, lower high system

Although I have completed most of my time-consuming research I've decided to retreat from sharing fundamentals and news stories with the FF crowd. The feedback has been lacking in quantity and quality, the participation rate has been very poor (I ...

Whats really moving the market today?

I think there are people here who take fundamentals into consideration. I am one of them. But as I found out on another thread, there's no point in discussing these things on a public forum. There's absolutely no intelligent feedback (XXTRIZLEXX was ...

Fundamentally speaking

Greenhaze, I have one idea for you that would help you gauge the strength of a specific factor. You would do that by putting news releases on a price chart (see my 'Rear View Mirror Chart Thread' for examples). Let me emphasise again that this is ...

Whats really moving the market today?

Trading sentiment has one major drawback - it's sentiment. What I mean by that is sentiment changes rapidly and cannot always be trusted to give accurate signals (AAII investor sentiment is an example). However, this doesn't mean one shouldn't ...

Whats really moving the market today?

Sorry be come down so hard on you but that's a pointless figure. Without providing more context this number is as good as any.

Trading system using relative strength

lumesh, the explanation you posted now makes sense. Your savings vs bond yield vs inflation logic is sound. However, what prompted my previous post was your statement that price level is driven by bond yields (you said "It's actually the opposite. ...

Whats really moving the market today?

You are wrong. Bond yields are driven by inflation and economic growth expectations. That's all I'm going to say at this point. Frankly I don't have the time nor the will to start a back and forth discussion on this topic. Forgive me for being so ...

Whats really moving the market today?

Another solution would be to move to a broker that provides more updates per minute than the one that you currently have. Obviously 'more updates per minute' isn't enough to switch brokers but it's just something to keep in mind in the event you ...

Consistent Time to COB Indicator

I'm guessing he added the moving average to the price. The logic there would be that strong pairs are trading above their respective 200 day moving averages. I could be wrong, of course. jrushing, let us know exactly what you did.

Trading system using relative strength

The short answer is that it's political. However, you will note that the ratings agencies haven't downgraded Japan either (yet) even though Japan has a much higher debt to GDP ratio and a higher debt servicing cost as a percentage of budget expenses ...

Whats really moving the market today?

I'm not too sure about that. The factors listed above all serve to weaken the Japanese economy. People drawing down their savings decreases the funds available for the government to borrow. At the same time the government faces and ever-increasing ...

Whats really moving the market today?

See attached image. If you want to make a diagram out of it then download the data direct from BIS --> click here. Make sure to use the left-most column for the most up to date figures. All I have is the table attached below as an image. It took me ...

Whats really moving the market today?

My pleasure. As far as comparisons go I think the whole situation is very similar to what happened in Europe after World War I. In this comparison, the Greek government is the Bank of England with Montagu Norman at the helm who desperately tried to ...

Whats really moving the market today?

Hi Ingmar, Thank for the kind words. I've been thinking about writing a reply but I need some time to gather my thoughts. My own understanding of support and resistance has mainly been influenced by my own experiences which I find difficult to put ...

Why does support & resistance (supply/demand) work