Hello everyone! I've only read about the first 2500 posts on this thread, but so far it's been good stuff. Hey, could that be a pin bar forming on the G/J 4H? It's not a really long nose, but it does poke down below S/R going back to 10/3/07, then ...

james16 Chart Thread

This seems to be working correctly now, too.

iandekoker's 5 profit target trades

Good catch. Those logic problems can be tricky. Try this.

iandekoker's 5 profit target trades

All of the above advice sounds good. As far as picking a broker, I've heard of something called, I believe, PAM accounts, where your clients' accounts are linked to yours so that your trades are mirrored in each of their acccounts. Then you don't ...

Sorry to disturb, but iam really confuse

You're welcome. If you want to avoid changing the settings on every startup you can change them inside the file. Right click on the indicator and select modify. About 10 lines down from the top of the program, you can see the user inputs listed with ...

iandekoker's 5 profit target trades

This is working.

iandekoker's 5 profit target trades

OK, once I see it work, I'll post it. Then I may use it as a template to re-do the iandecoker indicator so that the alerts will stop going off all the time.

iandekoker's 5 profit target trades

DX, is the ADX main line above 25 -- is that a hard rule for you? I've programmed the indicator for that, can't test until we get ticks.

iandekoker's 5 profit target trades

I can do this fairly easily if you'd like, but be sure to read DX's post on this. He uses the 50 MA as a general guideline of trend, nothing more. Some good trades are on the "wrong" side, some bad trades are on the "right" side of the MA. It ...

iandekoker's 5 profit target trades

They already know how we trade, where we put stops where we like to enter a trade. And they actually don't need to, if taking us out is an important part of their strategy, they can see where orders are piled up, and know what it takes to drive ...

do big banks collect good trading systems and then move against us?

Some brokers won't let you have an open long and open short at the same time. If you try to hedge in Oanda, they just close the side that's open, i.e. you're long 1000 EUR/USD and then put in a sell for 1000 EUR/USD thinking another position will ...

Hedge trading

Yes, you will lose both trades, or one order will hit 15 pip take profit and one will hit 15 pip stop. I'm being a smartass. It would depend on what price your trades were filled at, and exactly where price was when the broker chose to spike their ...

Hedge trading

Wow! Awesome post, Rock! It's taken me a year to face up to what you've said. It's so much easier to spend 20 minutes learning someone's system than it is to really learn to trade. Hey, they took 6 months to develop it, so they've done ...

Is the "system" part really so easy to come by?

I do get your idea, and you are right. Let me clear up a few things, though. James 16 is not a system. It is a body of data that is, IMO, geared to help train you into that market "feel" -- how to see the charts, know what's more important, what's ...

Is the "system" part really so easy to come by?

Yes.

Hedge trading

I'm sure a lot of us have had that thought. I've thought of trading a demo with my best intentions, then trading my real account the opposite. Sort of a roundabout way of tricking myself. Either way, I figured that would short-circuit my learning ...

Worst Strategy!

I think with Iandecoker's system, or any system for that matter, the lower timeframe you use, the more false signals you'll get. However, the higher timeframe, the later the signal. This week I've seen more bad signals, or maybe it's just me. If I ...

Transition from Losing to Winning

Looking forward to the day when my toes curl after the trading day! Hey, your candles look exactly like mine, your 4 SMA looks exactly like mine, but our 11 SMA are way off.... Mine crossed 2 bars later than yours on that last trade. Did you change ...

iandekoker's 5 profit target trades

Sure, these things can be done easily. Right now I'm having trouble making an inidcator sound the alert, and sound it only once. I thought I knew several ways to do that, but oh well.

iandekoker's 5 profit target trades

I think what Ian was saying was, risk/reward isn't everything, that doesn't make a system a winner. Which I'm sure you also know.

iandekoker's 5 profit target trades