Any that corresponds to some natural cycle of the market would actually make sense, for example the one spanning the 24 hours cycle. Translated into, say M15 tf, it would be a period of 96. k

Reliable method to know when a "trend" has started?

Larger range and an increased volume of upswing compared to the subsequent downswing (pullback) can be an indicator of an up trend. If you are happy with the indicator methods, check out the dashboards threads at ff, they seem to be doing a fine ...

Reliable method to know when a "trend" has started?

Great call, I jumped in after seeing the W reversal pattern... Cheers, k

The Sacred Edge

Yes, seems to be a tricky trade... Doesn't matter, ideas are important! k

Discovering An Edge

i guess i was too quick to make it free of charge... better safe than sorry. thanks for the info on strength! cheers k

Discovering An Edge

broke even... reentry with half of the position. sl at 1.115, tp at 1.125. k

Discovering An Edge

sl@be. free ride. k

Discovering An Edge

Bought e/u, feeling suicidal. The premise is, paraphrasing Mingary, that the purpose of the financial instrument is to create maximum financial damage to a majority of participants. Looking at my broker's order book e/u is oversold, this point of ...

Discovering An Edge

Good to know, thanks! k

Discovering An Edge

Thanks! k

Is anyone here an institutional trader?

To be noted is that many retail traders (which to me represent small uninformed speculators) have the same opinion. This is usually a bad sign, if the majority of little guys is selling, the price can proceed higher. So I'll keep a tight stop and ...

Discovering An Edge

imho e/u is a bull trap. the most likely scenario is sharp fall. orders from oanda: image

Discovering An Edge

I have a question for pros/ex-pros: Why is the weekend gap almost always filled in FX (in commodities for example it is not always the case)? Is it the dealers working to retrace/get rid of their losing positions, or are there other mechanisms at ...

Is anyone here an institutional trader?

That is the basic premise behind the sentiment-based strategies. k

Welcome to forex, step right up!

I make similar analyses! Anyway, there are loads of buy stops at 1.124. Whatever the price decides to do (and I think the most likely way is down in analogy with the previous cycle) this liquidity pocket is certainly going to be used first... ...

EURUSD

Thanks, I'll play with these concepts a bit. Cheers, k

Low Volume Candles

Hi, I have made the code free for precisely the reason that people could modify it for their purposes. As for your question, I guess you want to in principle restrict the recurrence to the body of the candle. If my understanding is correct I think ...

Statistical Analysis of TZs

There is likely to be a spike to 1.13 (clearing stops) before dropping down like a stone. Be careful with your stops. Good luck. k

Time based transient/recurrent zones trading

That is the scenario I am trading. Oanda's sentiment says that a lot of retail people are shorting now, that usually means that the price is likely to bounce back from 1.122x to 1.3, and only then go down below 1.12. Not sure when it will happen ...

Transient Zones - Basics