Ranging between which levels?

EURUSD

I'm flat +25.

EURUSD

Are you currently long or short?

EURUSD

What about the divergence...yada...yada?

EURUSD

That doesn't make any sense to me (unless to have years and years of trading experience). So if you have 1000 systems to test to which do you allocate funds? If one is an EXPERIENCED trader who can access various methods quickly then I understand ...

EUR/GBP Trendmagic System

Knock it off!

EURUSD

Are you in the market?

EURUSD

Okay. I'm long...

EURUSD

I'm also happy for him to project anyway he likes but I think I would advise yada yada... Don't worry I'm more than willing to offer advice afterall it can be ignored but if not offered it prevents knowledge sharing.

EURUSD

I think I would have advised him to project based on the inverted H&S.

EURUSD

Okay. I'm priming for a long. I'm just waiting for my trigger to confirm (this may not happen by the way)

EURUSD

I understand and respect your point. But I test so many models (100s) that the traditional approach is the one which allows me to sort the wheat from the chaff (if that's the correct expression).

EUR/GBP Trendmagic System

What 15-20 pips?

EURUSD

It could mean many things. Such as the price reversing to test support at 4067 before rallying. Who knows? Take your bet, use good MM and things will take care of themselves.

EURUSD

Well what does it mean then? Maybe you can explain your thoughts.

EURUSD

For whom was this message meant?

EURUSD

Okay. Looks like a good possibility to me unless 4067ish is taken out.

EURUSD

It looks nothing more than a doji on the 4 hour and that bar still isn't closed.

EURUSD

Reactions to divergences can occur after the price has rallied by 100s of pips on the 30 minute chart.

EURUSD

What ever happened to the good old days of 1st back-testing, 2nd paper trading, and finally live trading with a very small amount?

EUR/GBP Trendmagic System