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- billbss replied Dec 10, 2007
I don't see any upward slope at all. I see a clear downward slope. Is that an acceptable entrance?
X-Rated IBs & OBs
- billbss replied Dec 10, 2007
In your Wednesday example, my chart shows a distinct downward slope of the ADX line during to formation of the confirmation bar. Your chart is not clear enough to make it out.
X-Rated IBs & OBs
- billbss replied Dec 10, 2007
On a long, does the bar after the confirmation bar have to move 5 pips above the confirmation bar?Does it have to move above the confirmation bar at all?
X-Rated IBs & OBs
- billbss replied Dec 10, 2007
EST is GMT-5 1800-0200 GMT is 1300- 2100 EST
High & Low 8 Hours (GBP/JPY)
- billbss replied Dec 10, 2007
You look at the bars on a chart from 1800 until 0200 GMT and note the highest high and the lowest low.
High & Low 8 Hours (GBP/JPY)
- billbss replied Dec 10, 2007
Here is an indicator I found that marks inside bars and makes them much easier to detect. I wasn't able to find one for outside bars, but I'll keep looking. I'm sure there is one out there.
X-Rated IBs & OBs
- billbss replied Dec 9, 2007
I'm not sure I understand what you are saying. The highest bar, so far, of the trade is #1. It's previous bar is #2. The bar before that is #3. Skip oveer inside bars. Set the stop just under the lowest low of bars 1,2 and 3.
Gann Hilo DMI System
- billbss replied Dec 9, 2007
3 and 4 are both right. They are showing two different scenarios. They aren't related to each other. #3 illustrates that inside bars are not counted. a and b are both inside bars. They are inside the range of bar2. # 4 has no inside bars to be ...
Gann Hilo DMI System
- billbss replied Dec 9, 2007
Sure. I posted a pdf that explains it pretty well. Follow this link. url If that doesn't answer what you are wondering about, let me know.
Gann Hilo DMI System
- billbss replied Dec 8, 2007
I agree. The guy hasn't done anything wrong. He isn't trying to sell anything.
The Holy Grail - Found
- billbss replied Dec 8, 2007
Simplicity is in the eye of the beholder. A poster complained, in another thread, about the "complexity" of someone's chart. He went on to say that he only used the bare essentials- fib lines and daily pivot. I couldn't help but laugh. There is ...
Why are we afraid of simplicity?
- billbss replied Dec 7, 2007
Thanks a million. That may be what I'm looking for. It appears to be. Thanks again
Angle Indicator
- billbss replied Dec 7, 2007
There may be an American broker that is also tied in with ITfinance. If so, their demo may include the IT charting.
Pivot Point Squeeze, high probability system
- billbss replied Dec 7, 2007
IG won't accept US accounts, even for a demo.
Pivot Point Squeeze, high probability system
- billbss replied Dec 7, 2007
I don't know what he is doing. I know, in general, that systems that claim to detect the "smart money" are nothing new or revolutionary. You find them being hawked for stocks, futures, indexes even horse racing.
The Holy Grail - Found
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Angle Indicator
Started Dec 7, 2007|Platform Tech|19 repliesI know I have seen an indicator on this forum that reports the angle of slope of a MA or EMA. ...
- billbss replied Dec 7, 2007
When to get out of a trade is the biggest riddle in trading. You didn't do too bad. It looks like you kept roughly 1/2 of the max.
Gann Hilo DMI System
- billbss replied Dec 7, 2007
May I use your chart to decorate my Christmas tree?

Pivot Point Squeeze, high probability system
- billbss replied Dec 6, 2007
The system rules (including the TP and SL) are in the first post.
High & Low 8 Hours (GBP/JPY)