its a little early to be calling a head an shoulders pattern here xtsunami. if this one comes true your my new hero.

USD/CHF

your not the first person to call me nuts

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

um...the Pyramiding i know means adding contracts to your position when the market moves in your favor. some investors even pyramid in a loosing position, which is extremely risky. if you look at the results from last months FXCM King of the Mini ...

Money Management Strategies

im using TradeStation to generate orders. btw, this current trade almost got stopped out...came within 1 pip. its now up close to 100 pips. sometimes you get lucky

USD/CHF

when did they tell you this? last i heard they do offer guaranteed stops...

broker recommendations

man i had just put up the above post and i got another signal... SHORT USDCHF Time: 5PM EST Entry: 1.2960 trailing stop > 60 pips the strategy, again, is a DMI crossover system on 60min chart.

USD/CHF

oops! forgot to post this one real time... i bought the USDCHF at 5AM EST on 05.11.04 based on a DMI crossover strategy on the hourly chart. entry 1.3039 / 60 pip trailing stop exit 1.3021 p/l: -18 pips ill get em next time!

USD/CHF

there is no volume in forex because it is decentralized. noone knows the volume at any given time, the best way to estimate the volume is to look at the EURO futures contract volume. futures contracts do show volume because they go through a ...

Best Charting Systems (Free)

it happens so fast it would be hard to capitalize on. did you see that spike live? the GBP covered over 100 pips in like 3 seconds! you may make money on some straddle trades, but in other instances you loose your shirt. there are guys out there who ...

Up Spike Before Jobless Data

well said my friend.

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

that spike is done intentionally by the US banks i believe. they try to get rid of the people trying "straddle" trades where they have an order setup on both sides of the market right before an important announcement. that spike happens often right ...

Up Spike Before Jobless Data

afewpipsmore, i took a look at the Long side.. looks decent, but i wouldnt trade it due to its low profit factory and choppy equity curve. this does seem to have some potential, you would have to tweak it out a bit. image image look at the code, ...

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

i trade the swissy some... i find that the Welles Wilder indicators work really well on the pair. my last trade on the pair was 05.04, i got short at 1.2994. you know where that one went keep us updated on the trades, i will try to do the same.

USD/CHF

give me some exact rules and i will do a backtest for ya...computers dont understand discretion

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

i think i will take a look at that book, ive been meaning to read it... its a shame i use ole Welles' indicators as much as i do and i havent read his book

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

haha no, not really amazing at all you dont have to be the smartest guy on the block to do this stuff....its really more a matter of > Can you dedicate enough time and energy into gaining the tools you need to get where you want to be? trading ...

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

once you know how to use tradestation you can program something like this in under 10 minutes. i might actually trade this on the long side, it looks really good. and there is no form fitting, i never even optimized it. as for a cheaper version of ...

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

i added an ADX filter to the basic system, along with a trailing stop loss of 500*Closing Price. the system now looks much more tradable...at least on the long side.. image

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

i just programmed and backtested the basic system without any filters and it looks to be breaking even over 1.5 years of data. if you add slippage it will be unprofitable. id try adding an ATR filter, as you suggested. only buy when the ATR is ...

A "different" crossover system - 600 pips on Friday alone in EUR and GBP

Jambo - no offense my man, but a system that buys into a loosing position is about the worst thing you can do. read market wizards and new market wizards....at least 10 of the traders in those books point out that buying more contracts on a loosing ...

trading system help required