So a woman's navel is nearer or farther to the ground than a man's? They're both close to 50%. Numerology in action.

What's really behind fib levels?

Already? I see a sideways trendline break which might turn upward. I see a pin bar but it's going to have a big retrace.

VWVB Daily Chart Analysis

Euro was finished long ago. Now even USDCAD is turning around. I think this is it! I can't wait until everything stops being so dollar-centric. It's boring when all the major pairs always head off in the same direction. AUD is the only one I'm not ...

VWVB Daily Chart Analysis

The way I read this rule is simply that when 50 rets start getting violated we start to get interested. What just happened in these pairs qualifies big time I think. I check the 4-hour but I've decided to only enter on breaks and bounces near major ...

VWVB Daily Chart Analysis

Here's what I did — USDJPY, entered on break of a 4-hr trendline @ 117.29. I went to bed and didn't think It would break out of the weekly squeeze so soon (weekly trendline is also on the chart). From the chart you can tell I just wanted it to ...

Central Banks Watch

Hi all, haven't posted here for a while. Here's what I'm up to. GBPUSD is riding its trendline so it might break sideways soon. AUDUSD and EURUSD haven't started bumping into their trendlines so they're still upward as far as I can tell. I'm even ...

VWVB Daily Chart Analysis

I don't want to monopolize the conversation, but there's a cool feature of the brightly colored EJ charts if you spread them out in an MT4 profile. You can easily see which trades are correlated. For example, AUDUSD, EURJPY, EURUSD, and GBPUSD are ...

EJ_4H method

USDJPY is tough. It's in a major squeeze going back several months, all about to start expanding. I'm playing daily trendline breakouts on this (hmm, it might have just broke upward as I'm writing this) but look at GBPUSD when it first started ...

EJ_4H method

Fib levels fall under the category of "probable support and resistance". I like trendlines and actual recent highs and lows better. The only lines that are correct are the ones you actually see the price reacting to. If several lines happen to be in ...

EJ_4H method

A common response (from various MA systems I've read about) to the question of when not to trade toward the slow MA is (another question): Is it possible to tell the difference between a rebound off the slow MA versus a crossing of the MA, and still ...

EJ_4H method

Eurchf — Some people were talking about EURCHF. I went long based on the simultaneous break of a daily pin bar, pivot and 50 retrace. It's also a Knife trade if you use the pin bar instead of weekly trend direction. Euro's system shows blue ...

EJ_4H method

A few random notes — Hello, Thanks for sharing your system! So far it looks great. It combines most of the concepts I've seen in other MA systems. Your charts are very easy to read too. One thing about the charts. You say that the close price ...

EJ_4H method

I was going to use Interbank but for some reason I went with FXSol instead. It might have been the various problems I have with order entry in MT4. I like everything else about MT4 including the charting. I love the profiles feature. I like being ...

Meta Trader

I figured it had to go somewhere as it was getting squeezed between trendlines on the weekly chart. When GBP gapped up, I set my buy stop above the line and it worked great. It looks like things might be back to normal-length trends in these pairs ...

Any insight on why the big run-up this morning?

Hi all, here's where I'm at on these. I went long on USDCAD based on the Knife signal and two major trendline breaks. Daily price action shows a reversal too but the bars haven't been broken yet. Ignoring the fundamentals, it looks good. I went ...

VWVB Daily Chart Analysis

A few questions — Hi, Just a couple clarifications please. Just making sure: The signal is a full cross not a touch, right? Does the trailing stop move every pip or just every 40/50 pips? What does this mean: Start hour H1 End hour H1 Start ...

Ea to be developped on cross ema 15 and 40

There's a lot of wisdom in those VWB docs, but they don't say much about money management. Learning about MM is what has saved my ass from what would have been crippling losses otherwise. The main point is that the distance to the stop loss ...

'Vegas Wealth Builder Part II'

Joe Ross of tradingeducators.com calls this spread trading. Spread-trading.com has some examples. You actually chart the difference between a market and another closely related market, and trade that by going long on one and short on the other. I'm ...

Hedge strategy (not a hedge fund)

I'll see you on the other side James16's and Dial's stuff in there is great for getting in and (staying) out of trades, but Fiji's money management stuff really puts things into perspective. I read that and felt like he was talking to me ...

Vegas Method - has it been successful for others?