I don't have much to add at the moment. But trade vigilantly and protect your profits. We are in the midst of a financial crisis whose outcome is far from clear. Liquidity is thin because market participants don't trust one another. Remember that ...

Cornflower Hourly System

No worries. Being from Chicago has its perils; I can only do so much on my own to civilize this town. Your book is outstanding and I've recommended it in my own thread. Looking forward to rereading it soon.

Igrok Method. Q's & A's. Comments, thoughts and ideas

Har har har. I thought you were being ironical with the diamonds idea, so I responded in kind. Guess not. I do appreciate your work. Was it so necessary to sully mine?

Igrok Method. Q's & A's. Comments, thoughts and ideas

Looking back through some recent posts, I'm seeing a lot of indicators being added. I've always made a point of saying that traders shouldn't rely so heavily upon indicators, and I still feel this way. If indicators make you feel more comfortable ...

Cornflower Hourly System

Previous - the number last time the report was released. Forecast - the consensus on what the upcoming number should be Actual - the news number itself. Deviations from the forecast will move the market on a red news release. Do not be in the market ...

Cornflower Hourly System

I doubt it. There isn't much beauty these days in the markets. This is also counter to the downtrend that is firmly in place. I expect this downtrend to continue. Not that you can't trade the upswing on CF, but you do have to be more vigilant. As ...

Cornflower Hourly System

Dude, news calendar right here on this site. Don't trade during red release times. Even the orange ones can be dicey. We are in crazy times and you do not want to be in a highly leveraged position near news time.

Cornflower Hourly System

Unicorns would be a better topic, IMO.

Igrok Method. Q's & A's. Comments, thoughts and ideas

I'd prefer you just post in the thread. I don't know why the PM was blocked, but any questions will benefit all. Nice to see you guys still at it. I'm going to try to be more active again going forward.

Cornflower Hourly System

I'm not really all that taken with fibs, but I'm willing to tolerate anything that helps people trade the system. Sherm seems to have good timing with his fibs. Whatever works. Been busy again...will be a week before I can start posting.

Cornflower Hourly System

Yes, and yes. Cornflower is all about waiting for the retracement. Please consult the PDF file; I recently created a link to it. Truthfully, you should take the time and read the whole thread.

Cornflower Hourly System

Well well, that prediction isn't looking so hot at the moment, is it? This is why I typically steer clear of such statements. Always focus on what the market IS doing, not what it "may" or "ought" to do. It's been a good week for CF longs on ...

Cornflower Hourly System

some stuff, and a prediction — First of all, I'm only trading EURUSD at the moment. An excellent pair for noobs and non-noobs alike, with a small spread and relatively stable and predictable price action. I quite like it, being a former cable ...

Cornflower Hourly System

Post #1 is still valid, though I'm no longer sure about the 30M rules. BStar's PDF document collects the most relevant posts. Here is the link: url It's been quite a while since I've followed the markets. I need to spend time digesting what has ...

Cornflower Hourly System

Still standing — I've started to follow the markets again after a long absence due to personal (and yes, academic) reasons. I'm ok, so no worries. And I'm glad to see this thread active. More to follow.

Cornflower Hourly System

Thanks for the compliments. I want to add that while the M30 and M15 don't have much of a place in my trading, that doesn't mean they are without value in other systems. I just haven't found that my systems are all that compatible with these ...

Lever70's Trading Checklist

LOL! If you could do that every time, you'd have the holy grail. One thing you can do is wait to see whether the trend is resuming after the pullback. You want a candle closing near the top or bottom of its range, and in the direction of the trend ...

Cornflower Hourly System

Yes, so long as the market is moving. But it hasn't been often that I've found the Asian session worth my while.

Cornflower Hourly System

BOO! — Well, it's been a long time since I've posted. It's nice to see this thread percolating along in my absence. I intend to start participating again. The market appears to be in flux. GBPUSD broke its weekly trendline. If it ends the week ...

Cornflower Hourly System