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- paradoxical replied Jan 27, 2009
mitch, hang in there. The money isn't going anywhere. Sometimes it's best to take a breather and collect your thoughts after some losses. I haven't traded live for weeks after some bad trades. I spend probably 10 hours a day, seven days a week ...
Traffic Light System
- paradoxical replied Jan 27, 2009
Yes, I was aware that the RSI is traditionally used as an 80/20 fror overbought and oversold. Just lokked like the EUR was in some sort of zone at about 65/35. Probably temporary, but was looked like that sort of thing could be capitalized on while ...
The RSI Trade
- paradoxical replied Jan 27, 2009
Interesting...scrolled back on my chart and see that the EUR/USD hasn't exceeded 75/25 for days, and almost immediately when it hits those marks, it reverses. On that trade I made, I made 10 (got stopped out, but it went as much as almost 30 pips in ...
The RSI Trade
- paradoxical replied Jan 27, 2009
here's a chart with two RSI windows. One that I have lines at 75/25, and the second window where I drew in my own red lines to show a channel where the EUR hasn't really exceeded in some time at 67.4 and 34.8 (Almost like fib lines). I took the ...
The RSI Trade
- paradoxical replied Jan 27, 2009
Takes some getting used to. I don't understand where to start a trendline from. How far back? Is it subjective, where person A sees it one way, person B another, and person C another? Or is there a way to know?
The RSI Trade
- paradoxical replied Jan 27, 2009
You're trading only short or long based on the trend. There's lots of indicators that will tell you what the trend is. My biggest question on trend trading is how do you know when the trend will end, and how much of a loss will you incure with this ...
Firebird EA - fixed version -
- paradoxical replied Jan 27, 2009
.30 doubling, and going $4.80 on the 5th level with $3,000.00? Isn't that a little steep?
Trading aud/nzd successfully
- paradoxical replied Jan 26, 2009
Asw far as the double speak from them, and what I mean, they make this silly claim that you could get filled at the bid. Yet, many people posted that their "bid" prices were never filled. What it amnount to is simply a limit order the same as you'd ...
Trading aud/nzd successfully
- paradoxical replied Jan 26, 2009
I closed my account at MB Trading last month because of their lousy platform. They claim to be going to MT-4. Not too sure how that's going to work, or is working. I do know their spreads on the GBP/USD were fluctuating between 3-7 PIPS for quite ...
Trading aud/nzd successfully
- paradoxical replied Jan 26, 2009
Kapten, we all started out as noobies at some point. In order to get your candles to look like his, you have to play with the zoom in and zoom out. If you make your candles small enough, they'll look just like his. Then, just scroll back on the ...
Bull and Bear Entry
- paradoxical replied Jan 25, 2009
That KG signal is a repainter, as I thought. You have to be there to watch it. What it does is to appear over or under the candle that just closed before, whether that be a 5 minute, one hour or whatever chart you're using. If that candle had just ...
Traffic Light System
- paradoxical replied Jan 25, 2009
Freddy, I attached that KG Indicator to my chart. I suspect it repaints like the goldminer does. It looks like that 3 Level Semifor that some really like, but which I hate. I personally watched the Level 3 Semifor move a total of SEVENTEEN bars one ...
Traffic Light System
- paradoxical replied Jan 25, 2009
Jnita, part of your post said "One observation that struck me was the close of a bar – when it closed below the HMA signaled a change in direction for short, and when a bar closed above the HMA it signaled long." I manually back checked the EUR/USD, ...
Traffic Light System
- paradoxical replied Jan 25, 2009
Ranger, I like this and will use this in place of the other ones. It gives a better view, I think.
Bull and Bear Entry
- paradoxical replied Jan 23, 2009
I don't like the trendmaster. As far as CCI, it's OK, but isn't the be all and end all of indicators. It's just one of many. What you will find in the coming weeks and months, Mitch, is people adding their own indicators and refinements. That's just ...
Traffic Light System
- paradoxical replied Jan 23, 2009
Good question, White. I attempted to do some manual checking on retraces, and it became a nightmare. For example, just recently, the GBP/USd went down from 4830 to 3600 from 1-19 to 1-21. So, this is over a THREE day period, and a 1200 point drop. ...
Bobnannings Range trading method
- paradoxical replied Jan 23, 2009
A little trick is to eliminate all but the first Moving Average indicator, and set the first one to 100 pips away from center, and see what it looks like on the various pairs. See how many entries you'd get at 100 away, and how often the pair ...
Bobnannings Range trading method
- paradoxical replied Jan 23, 2009
I see whitegoodman has already posted about how to change the EA. I guess that's what you were asking, anyway? And I posted about how to change the indicators.
Bobnannings Range trading method