Are you not even slightly concerned with the possible resistance level of the last swing low which just happens to correspond more or less with the 38% fib level? Also in the second chart you can see that level act as support in the past. I wouldn't ...

james16 Chart Thread

Yes the indicator has turned out to be no good so be very careful if you try to trade this system. I still think there is some kind of system here maybe using the 150 trendlord and stochs for entries and exits? Mind you take a look at the chart ...

Dual trendlord system

Right, got it now, thanks!

Silent Service Method

Shame, gold could be setting up for a short here. Chris, it seems usd is making a bit of a comeback slowly. Could this send gold lower in itself?

Silent Service Method

Yeah, I wasn't really into it but just noticed it on the chart. That's never going to play out. Eurusd has been wild for a few days, I got some nice shorts from the 1 hour but from a daily point of view you would need to be in from the trendline ...

Silent Service Method

This would have been a nice trade. Indicators required? None. Just one trendline would've done it. Shame it happened at 2am (GMT) so I was in bed

Dual trendlord system

Flag trading anyone?

Silent Service Method

Nice one, thanks for your help.

Dual trendlord system

Thanks, I see the logic. I'm thinking about some other indicators but as I said in my above post if I can make money trading it without (or with not many indicators) then why not just do that? I did think the trendlord system would be nice and easy ...

Dual trendlord system

I've had a play around with a chart and to be honest I think I'm better off just trading it the way I was doing. Big round number s/r, local s/r, trendlines and stochastics. When the stochs cross in the direction of the overall trend and in the ...

Dual trendlord system

All points taken and all feedback welcome. I will look into your points and see if I can come up with something workable.

Dual trendlord system

I think I have tried something like this before and it hasn't worked as well. Obviously now we know that the trendlord indicator repaints horribly that tells us why it looked so good in visual backtesting! Maybe I will have a look at some different ...

Dual trendlord system

The standard answer to that one is not to trade 30 mins either side of the news announcement. Of course unexpected events can't be avoided but stop losses are there for that reason. In terms of an ea I don't know, I don't use them but feel free if ...

Dual trendlord system

I've applied the colour MA to the chart and it's nowhere near as clear cut and easy to use. I may have to think again about this.

Dual trendlord system

Well spotted, why didn't I think of that?

Dual trendlord system

Genius! Thank you!

Dual trendlord system

I've been looking more closely and it seems there is a problem with the indicator. It does on occasions go higher and yet not change colour and also when the market is open you can spot the thing jumping up and down on some bars. Whether this is a ...

Dual trendlord system

Try again as plenty of people have downloaded it by the look of it.

Dual trendlord system

The theory is that the trendlord 150 would keep you out of that kind of situation but I take your point. I don't want to overcomplicate things with more and more indicators. I think if you are trading in one direction only then you should avoid ...

Dual trendlord system