I`m getting a bit confused here.... Are you guys now trading the 4H time frame? I thought it was a M30 S&R, but I didn`t hear anybody buying at the support area around 1.3460 I suppose the long @ 1.3550 was not strictly this system, but a longer ...

The System III (Oh no!)

is Greece still the dominant subject for the E/U or are other issues getting more important like detoriating economics in Europe and better news from the US and an interest rise in the near future? if that is the case, good news out of Greece might ...

Stating The Obvious and The Quest For Wisdom

problems in Greece etc and the reaction of the markets???

Stating The Obvious and The Quest For Wisdom

to go back to DS chart, he bought A/U at around 0.8650 but I feel the chart has nothing to do with that trade.....turmoil about Greece but that will all blow over......do you really think that the euro countries will let Greece fail??...........but ...

Stating The Obvious and The Quest For Wisdom

I wonder if you get better interest rates from buying currency futures where possible did you do any research into these futures and if so what is the difference in interest? thanks

Carry Trade [live progress]

EMA is used here BECAUSE it is a lagging indicator. it is only used to show the short-term past behaviour, be it trending or ranging.

0400-0700 GMT Breakout Strategy

gbp/usd test May 2009

Trading with Deadly Accuracy

opie must know ALL successful people in the US intimitely then.....spending your time at the IRS or doing some hacking??? las: obviously you haven`t read "your definition" properly

Why do we trade?... no really, why?

not so sure if very succesful traders contribute a lot to charity. those traders didn`t get there on hand-outs, but through long long working hours, determination, discipline. why would they give to people who are holding up their hands and do ...

Why do we trade?... no really, why?

breakout trading makes you money in the LONG run, meaning you might have years of working long hours day after day and not making any money. what other systems are you using to have a regular income?

Peter Crowns or TheRealThing: One Question only

Mr J, sure 60% winning trades at 1:1 do make you heaps of money............in theory. but Razor trader is pointing out the practical side of every day trading and then it doesn`t become so easy. your way of putting things is only half the picture ...

Risk Reward Ratio is not used for making money

Fast, As a professional trader pointed out, DIBS is not >50%; is under 40% success rate, but will make you money in the long run. If you want a high hit rate, S&R is all you need.

what really works through test of time ... ...

I dont think your example is valid....... I dont think the marathon winner suffers more than the other runners. As a matter of fact, it might be quite the opposite.

Inescapable Truths

well people the volatility is back, so lay down your chips. might gamble a few hundred today

4H Box Breakout

I dont think it matters much from which candle you are entering. the idea of this system is that price should move away from the start of the week and if it doesnt, all entries at the start of the week are history.

4H Box Breakout

I think that might be an excellent idea Pharoah. so if counter trend only say 0.5 normal position?

4H Banker Buster

I dont exactly understand what you`re trying to say with this post? I dont have xls and could you in short tell me what your findings were for the years post 2002 and what your parameters were for your test? thank you for your time.

4H Box Breakout

what modifications are you backtesting at the moment?

4H Box Breakout

I think Pharoah already hinted at this, but you`re better off in my opinion to move your SL up 1TP each time you hit a higher TP. In that way you dont have to open a new position every time and pay the spread again. So price up to TP1, move your SL ...

4H Box Breakout

exactly Yen; unfortunately this system doesn`t work for long periods of time.... I would advise everybody to look at a S&R sytem which will pay you regularly over time if you put a lot of work into it like the no brainer thread as shiko said. good ...

4H Box Breakout