go down to a smaller time frame and a doji has support and resistance creating it. sry to still disagree. A flag is created through support resistance too, i think u may be mixed up with trendlines maybe?

True support and resistance?

lol so mt4 is worth nothing also? Anyway thanks for that explanation on the fractals, i never really liked them myself cause there was too many to mean anything. Now I know what they do, cheers. Longtobefree, sry i disagree that patterns are not to ...

True support and resistance?

gspajon, i totally see your point on every trader have different support resistance. This is what i try to find with other peoples response in where and how do u draw urs to try and find what most people seem to think is support and resistance, this ...

True support and resistance?

longtobefree, that is an excellent point. Looking at where price 'reacts' more. Its got to have more value more people must be reacting to it. Another point I wanted to make is with patterns. Quite often you only notice a pattern onces its already ...

True support and resistance?

message to the admin: Why the hell was this thread moved when you got other 'junk' threads about 'why indiators will fail you' and 'trending or consolidating market?' which actually is about programming not trade discussion? This is much more ...

True support and resistance?

Here just two methods out there. The first image shows typical trendline where the line is drawn from the high of a wave to another high. The second actually ignores the high or low, and finds a candle where: 1. Support has two bear candles before ...

True support and resistance?

btw I havnt tested so u may have to play around with some of the inner values you pass to it, but avoid the use of 'none' unless you are going to set that as a variable. Hope it helps a little anyway

icustom() problem

Instead of : double Var2 = iCustom(NULL, 0, "OverLayChart-MA", "GBPUSD", none, none, none, false, false, true, blue, 2, close, 0, Current + 0); try: double Var2 = iCustom(NULL,Period(),"OverLayChart-MA","GBPUSD",0,0);

icustom() problem

on the short where are people targetting? I got tp around 1.42770 as long as this resistance hold.

Cable Update (GBPUSD)

My own view is that the carry trade is just an advantage to your trade, but wudnt trade solely based on earning from the carry trade itself. You would need deep pockets and even then you wud be risking it. Lets say for example your buy a higher ...

noob question about carry trade

hey that triangle u posted on the GBPJPY is sure heading for that ending E. wud u expect a break to the top? or do u actually wait for the break before doing anything?

Inside The Wave

lol why thank u kind sir. I just plucked it from thin air.

Cable Update (GBPUSD)

what does a pentagon shape mean? anything?

Cable Update (GBPUSD)

Hi slimcat. Unfortunatly an ea is not going to solve your problems. At least I highly doubt it. If you really believe that you can make profit by doing opposite to what you do now, then try it for the next week or so. I bet you will find yourself in ...

Is this possible??

lol now i just wait till christmas and new year an take me 2 guaranteed wining trades. woohoo.

believe it or not, 15% in "SECOND", and prove it

cool. yeah i like learning chart analysis. i dont think i cud ever get enough of it. There is one thing that is nagging me a little, dunno if u got any pointers. What is TRUE support and resistance? How is it determined? I have read that for ...

Inside The Wave

I read that gbpjpy as the end of extended fifth wave on weekly chart. I agree with the intended move to upside tho.

Elliott Wave Trading

gbpjpy 15min. I think a break out to upside expected.

Inside The Wave

I dont think new commers are too keen on elliot wave and fibonachi. I no I wasnt when I first came to the world of forex. It seemed a bit stupid at the time and couldnt find the waves, and because it didnt work 100% of time I didnt bother. Anyway im ...

Inside The Wave