Udine, you mentioned that you keep a log of every trade. Do you have a breakdown of the percentage of trades at the New York open, and if they're any more or less profitable than say the Frankfurt or London opening sessions? CarlC

As simple as possible: 00 level trading

image NO wonder I can't catch any mice....

AMAZING Strategy!!!

webforex, You never mentioned what time frame these events are taking place. Are we talking seconds, minutes, or hours? You never mentioned what currency pair your're trading. Is this happening against all pairs? If it's illiquid, you can certainly ...

bad luck or manipulation ?

Peacelover, If I interpreted the mq4 file correctly, the parameters are as follows: 8 period EMA of the opening price 5 period EMA of the closing price 4 hour time period. If the 5 period EMA crosses above the 8 period EMA, buy on the open of the ...

New Simple MA Cross System

I agree with the previous poster that the raw numbers for the indicators should have been posted in the opening thread. Shouldn't have to look behind doors to understand a "simple" system. And no, I couldn't find any of the indicators or charts ...

New Simple MA Cross System

Thank you for correcting my oversight. carlc

Trading Station Hardware

Argo, are you currently a TS user? Are you just going to scalp Fx? Speaking as a former TS user who traded mainly in futures (never traded Forex, though I did have active Fx charts running as a cash market indicator), TS did have lots of ...

Trading Station Hardware

Nomask, nice post! Can you tell me what time (your chart time) the daily pivot plot changes? It looks like 0:00 (midnight) your local chart time, which should be 2:00 am GMT and 7:00 pm ET (Eastern time, NY time). I think those times also line up ...

Simple Candlestick-Pivot Method

Define swing trade... — I think you'll find that most traders define a swing trade as one lasting 2-5 days, yet you're defining your profit target on a daily basis. If you do that you may be adverse to intra-day downturns that swing trading ...

Best Trading System For Swing Trader

Bill, If I understand this issue about the reference time period, we're looking at setting the hi-low range from 2:00 in the afternoon till 10:00 at night Eastern time (or 1:00pm to 9:00 pm if Nicotina is an hour off, as you've observed). Is that ...

High & Low 8 Hours (GBP/JPY)

Ematrader, Can you post a higher res snapshot, or post the text with the setup information separately. Thanks CarlC

Trade the Slope System

JJ, Do you put on only one trade a day, win, lose, or draw?

jj7000 20 pips daily

Wiz, Aside from the ego problems others have highlighted and expanded upon, have you done a self check on some basic trading principles. Here's a link to an article by Doug Zalesky, "The 25 Point Discipline for Day Trading", a 20+ year veteran of ...

Why I can't win

jj, thanks for sharing the methodology. At lease now I can follow along. I looked at some of your ideas and they've spawned some of my own. I'll get back to you after I try them. (Basically, do away with the PP and stochastoic, add something like a ...

jj7000 20 pips daily

jj7000, What purpose does your posting of trades and charts serve if you don't explain your setups or methodology? If you had said from the start "Ive created a system that's been back tested and achieves and average of X pips a day over Y time ...

jj7000 20 pips daily

TS 8.3 has started rolling out... — I got my upgrade a few days ago. Thats the good news. The bad news is TS can take weeks to rollout the upgrade to all users. I'd imagine that since 8.3 is so focused on forex integration, it will probably go ...

Tradestation soon to be offering automated Forex trading

Groove, Pivots work very well with all of the US futures markets, like the ES, ER, NQ, etc. I do use them on the EC and JY as well, but they aren't as accurate. The reason may be because the forex markets and their derivatives trade pretty much 24 ...

How do YOU calculate Pivot Points?

TS Ver. 8.3 should be rolling out any day now. I got the email a week or so ago announcing the release. RJ Obrien handles the the clearing for futures trading, not forex. Gain is and will remain the clearing agent for the forex trades. If you want ...

Tradestation soon to be offering automated Forex trading

CWH, The C corporation, S corporation, and LLC are all limited liability entities, meaning they are their own separate entities in the eyes of the law that shield their owners from (most) liabilities. The main differences (as far as you and I are ...

Trading Forex with you own Corporation

Aggie, I've listened to guest speakers about the C-Corp managing an LLC trading corp. (These same speakers talk about more complex tax strategies that may raise questions with the IRS). For most small traders this might be too complex and too costly ...

Trading Forex with you own Corporation