Most broker apps have something like a mean line, or use SMA with period of 1. That is the bar/candle mean of high and low. I wouldn't trade without it.

Looking for 50% of candle indicator

This thread seems to have run its course, but I will toss this out: Hayseed is right that a lot is left out of the original post. The system assumes that trades of 100% gains are more common than 50% loses. Did anyone notice that a few consecutive ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Shorted N-U at 7533 after spike to 7550, because beyond EMA.200 on H1 chart. Now watching to see if it will break below 7500. ... Well, looks like it has. ... Fake break or real thing?

NZD/USD

If you follow someone else's system, or worse yet, where he operates a black box, YOU LEARN NOTHING. FF is about learning. If you want to be a successful trader, you must learn. Be prepared to pay some tuition along the way. PS My reply assumes you ...

Should this system be trusted?

Preparation: define risk you're willing to take--risk management. commit yourself--psych prep. have a recovery plan if you go bust--confidence builder. Action: find a trend. go fast when the trend goes fast, slow when it goes slow, stop when it ...

$13K to over $1M in 3 months

Nathan Rothschild said he became wealthy through trading by being the last in and the first out. [not that I am a fan of the Rothschilds]

$13K to over $1M in 3 months

The trader is anonymous.

$13K to over $1M in 3 months

His massive risk-taking could well have been connected to his depressive personality. Any suicide is a sorrowful event. But your view is certainly understandable. Your life got off to an interesting start.

$13K to over $1M in 3 months

Even the great Jesse Livermore went bust--more than once. [Can't help but wonder what it was like to have 100 M$ in 1929.] Richard Dennis had at least one account go bust. BTW, the 1979 caper was mine. I avoided going bust in my accounts by walking ...

$13K to over $1M in 3 months

H1 chart: mean price line has up slope, but nothing definitive on a trend (at 00:29 gmt).

USD/JPY Discussion

Definitely anti-Yen long term. For coming week, depends on perceptions, hopes & fears, and big bank algos. I'm thinking long position for opening. PS: follow the link given by srt above.

USD/JPY Discussion

Volatility is eroding. On H1, ATR.20 was 24 pips at week's start, now 14.

USD/JPY Discussion

For longer-term thinking: image Japan has debt > 200% of GDP; 25% of population >= 65. Economic collapse is unavoidable. UJ to 200, 400, 600+? (chart pilfered from ZeroHedge)

USD/JPY Discussion

With aging population and massive, unpayable debt, things cannot get better--perhaps not for a generation or two.

USD/JPY Discussion

H1: mean line broke below EMA.20, heading south PS. I have a short on EJ, staying with that

USD/JPY Discussion

H1 charts: like UJ, GJ has been sideways in tight range since 1200 ET yesterday, also now reached its EMA.20. GJ mean price appears to be slipping below EMA.20, which is also possible for UJ.

USD/JPY Discussion

H1 chart: the mean price line finally reached EMA.20, coupled with spikes down & up. ATR.20 has turned up from 13 to 15 now, suggesting more market activity. No strong indication of up or down move, but down is more likely if mean price goes below ...

USD/JPY Discussion

On H1: EMA.20, also a support, is at 119.70, only 22 pips below current mean price. ATR.20 still in a slow drift down. Will the Europeans bring in some buying enthusiasm in a few hours? [corrected number of pips]

USD/JPY Discussion

H1: ATR.20 = 13, should be 18-20 to start a substantial move.

USD/JPY Discussion