Stochs, MACD, MAs...........Great to know this belief is still powerful. OK i depart your thread. Anybody interested in the Double Top, Double Bottom, concept and wishes to explore it further please pm me. Ciao

Let’s build a plan from scratch

For those that like longer time frames I plucked this one last night (Aussie time ). The setup is identical to the smaller time frames, even though price would have been trending on the smaller TF it was just a big range on the higher TF. Volatility ...

Let’s build a plan from scratch

That's great Junkone keep up the good work

Let’s build a plan from scratch

Attached is a chart with some possible trades highlighted from Today's Asian session. Volatility was low, action was very much range bound and predictable. There was 1 loss , if you took the last trade. My theory has always been if you get a win you ...

Let’s build a plan from scratch

Hey marshalmax, OK well I thought the purpose of the thread was too build a plan from scratch ? Here I'm presenting an idea to build a plan around. It is different to the norm and so if you look at a chart you will see double tops and bottoms every ...

Let’s build a plan from scratch

One of the most difficult things I find to trading is actually being there at the right time, watching the right pair form a setup. I usually float around the house and with a family running around it makes things awfully hard in terms of ...

Let’s build a plan from scratch

Here is an example of a live current trade i took on a micro just for show and tell. 1st tgt would be your initial risk which would be hit about now at 7 pips and roll the stop to break even. This is a 5 min but you can apply to any TF.

Let’s build a plan from scratch

Hi marshalmax, Nice idea and thread to bring all the wannabees together and form a allegiance to overthrow the evil forex empire. LOL Problem with Forex is too many variables to trading. What time frame, what time of day, which indis to use, and ...

Let’s build a plan from scratch

Do you really mean to say sell low buy back lower and or buy high and sell higher ? If so that is the classic definition of trend trading. Selling low buying high is probably like saying you entered short and was stopped out above your entry. Thus ...

Is selling low/buying high possible?

I agree with the Author that the AUD will tumble badly one day in the not so distant future. I'm a Victorian and apart from a company shutting down every second week, another private school was announced to shut down this year today, the 3rd for the ...

Australian Bear Raid

Well as per your example of old school teaching with your Dvd and MA's. I'm sure there are many who are successful using simple techniques too and probably even more who are unsuccessful using state of the art modern teachings. I believe the most ...

Aussie Trading Room and Cartoons Gallery

And the Final stage ? ( Bankruptcy or Insanity )

Aussie Trading Room and Cartoons Gallery

I'll give you a clue, there are 3 most common times a new high or low are set for the day and never beaten. 1)NYEST: 5pm - 1.00am 2) 1am - 9.00am 3) 9am - 5.00pm These are the 3 shifts, now run your stats and see what you come up with

High & Low Of Day Study

There are platforms like Esignal that have a back testing component using past history. There is even a little indy called practiceanytime for mt4 but it is a little slow. I don't think any system is profitable if you took every signal. It's more ...

How do you develop a system?

It means that was the best bang 4 buck direction to take out the most stops and pocket the most money shortly after the event.

Non Farm Payrolls

Hi Red Lion, OK im 3 years in to trading. Making a little money, but not consistently enough or enough to live off. So I'm probably an Intermediate type of trader. My views: EMH vs Behavioral markets: Well I'm off the opinion that current markets ...

Long term vs Short term, EMH vs Behavioral markets