excellent. I decided to TP rest of GU at same level as previously as price was wanting to move north (which it did).

H4 Power

2 trades tonight. Short EJ - counter-trend but I could see she had spent hours struggling at resistance. Entered at top of retrace in LO after strong H1 engulf in Frankfurt: 108 pips :-) set TP a few pips above a Daily S&R and near ADR fulfilment. ...

H4 Power

sure does - and also why I am long VIX futures on a continual basis - when she blows, she blows! It seems volatility has a baseline. image

H4 Power

cheers, yup all variations on the theme, and thanks for putting it out there, I love the simplicity.

H4 Power

hey 60minuteman, was re-reading the Weekly / H4 Flow thread. Wondered what made you move on from there? The eternal quest for improvement? Any reasons in particular you over back to a system with more screen time - seems you were quite keen to get ...

H4 Power

H1 just engulfed. just, so looking for long on 5 min now.

H4 Power

OK so you're looking for the H1 to close above the open of the previous down H1 (1.5336) - then zoom into M5 to look for an engulf entry. Targets 1.5367 and 1.5395. Though stop loss at? previous H1 open ?

H4 Power

interesting perspective!

H4 Power

enjoying the thread thanks 60minuteman (and catching the vid updates on Facebook). How is your win rate and R:R or expectancy looking on this method?

H4 Power

He he looking to add more shorts!

NZD/USD

Dairy futures took a thrashing yesterday. Dairy prices are one of the key pillars for RBNZ rate policy - potentially opening the door for a rate cut - hence a probable reason kiwi has been so hammered.

NZD/USD

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And now for something completely different

800 pips over 2 weeks - fantastic result!

And now for something completely different

Well said. When I first started forex trading I had no idea what I was doing - just instinct. I made a lot of money quickly. I thought to myself 'I had better learn some theory etc about this stuff' and for months thereafter consistently lost money ...

And now for something completely different

love it, thanks for sharing. Also enjoyed your H4 power stuff and contributions to Equity Millipede.

And now for something completely different

LO - Very nice triple top, HA change and TDI cross (though weak cross atm) on NZDUSD off resistance after an extended run up.

Trading Made Simple

Yes - same if any of my other businesses failed for some reason owing creditors (not that I really have any). No the broker did not ask questions - did your current broker ask for a personal statement of position? The black swan CHF even seems ...

Trading as a company in Australia

I trade with in New Zealand under a LLC but did complete a personal guarantee with the broker (this was probably negotiable but I wasn't concerned at the time). Company is owned by a trading trust with a corporate trustee. House and other assets in ...

Trading as a company in Australia

OMF.co.nz are an established full service broker in New Zealand - traditionally a phone based brokerage they have introduced the ctrader platform. I believe there is a 10k minimum opening balance - you can possibly haggle on their brokerage - I know ...

Which broker would you recommend, and who should you avoid?