Hi Mary, High churning is the equivalent but opposite to the bottoming out process. Its a saturation point of buyers which occurrs when prices have been rallying for some time with increases in volume. Its a bearish sign as buyers become absorbed by ...

Trade Using VSA (Volume Spread Analysis)

Stop Hunting — Classic example on the EUR this morning GMT. Market makers trapping the novices into poor positions and grabbing those stop loss orders. Volume says it all.

Trade Using VSA (Volume Spread Analysis)

Thanks Copi. I think it works well with SR levels. But I am still unsure how volume can work with forex as prices are not being fed from a centralised exchange, unless you are using currency futures?or relying on your broker's volume but this would ...

No Brainer Trades

The support was found on a higher time frame. You should have jumped down to either a 5 min or 1 min chart and observed the bounce at support, to then jump in front 1pip + spread of the high of the 5 or 1 min candle that bounced.

No Brainer Trades

I see the relationship between decreasing volume and price. However, given the situation whereby there is increased volume with a bearish candle heading towards a higher time frame support (possibly showing a large number of novices jumping in in ...

No Brainer Trades

par excellence — Great thread, excellent blog site and resources, very educational. Free doesn't get any better than this. Thanks Billy and co.

No Brainer Trades

EAs — Thanks for all your comments. I am not a fan of EAs one bit. They are at a severe disadvantage compared to the trader that understands the underlying sentiment of the market (or at least, how to find it). Trade on...

The DIBS Method... No Free Lunch continues

Many thanks. I noticed in a different thread that someone constructed an ea and the results over the long term were not favourable. Not sure what MM he was using to test it. However, as PC stated in the original thread, you do need to know a lot ...

The DIBS Method... No Free Lunch continues

Entry — Hi all, sorry if I ask a question already covered by this extensive thread. Can you tell me how long a signal is valid for? If you have not been triggered one bar into the trade after the IB, is the trade then not valid? Also, are ...

The DIBS Method... No Free Lunch continues

Maybe a good technique to use is draw a line on the previous day's close. Use your enrty tecnique to sell below this line or buy above this line. This way you can take advantage of trending moves as well as counter trend moves.

Noise preventing profitablity altogether?

Hi Stefx, Congrats on your progress. It seems to be a re-occurring theme on FF that people sare finding success on the higher time frames. Are you a graduate of James16 or did you just figure it out for yourself?

The probability of newbie confusion

Steeper but faster learning v — Yes, I think you are right. Ultimately, there is no one set of rules that define how to trade the market, there are hundreds and thousands of combinations to make money trading, and thats what makes the market ...

The probability of newbie confusion

doh! — so you are trading to give the broker the same amount of profit through transaction costs, that's insane.

High & Low 8 Hours (GBP/JPY)

ok sorted. I am just going to sit back and let the EA do all the work, its going to fund my manual trading using other methods (which I'll use when the EA decides not to work one day ;-) )

High & Low 8 Hours (GBP/JPY)

Bar Entries?? — I thought the timings were as follows (in GMT): System: Find the maximum and the minimum between 18:00GTM and 2:00GTM and then put a buy stop order with maximum and a sell stop order with the minimum. TP 100 SL 50 If close in ...

High & Low 8 Hours (GBP/JPY)

Thanks fti, I was trading with a one direction bias long eurusd, on the 4hour chart. Rather than trading the long trend on any time frame I was establishing market sentiment based on long term fundamentals. This was probably my down fall. I had only ...

Technical Analysis Fallacy

Don't be sorry, I enjoy what you have to say and I need to challenge you to understand further so that I can challenge myself. I am having trouble with the substance of what you have to say. Surely, for an army to win at war some losses of life on ...

Technical Analysis Fallacy

a walk in the park... — [quote=fti;1752193]Hi ALL, Of course if we are so good that, every trade is a walk in the park. Then why bother. In reality , this cannot happen. Most gurus I have come across, just advocate , cutting the loss. Get on ...

Technical Analysis Fallacy

kerrrching! — another 100 pips!

High & Low 8 Hours (GBP/JPY)

Great thread — Very simple trade setups, a great addition to my arsenal. Many thanks Bob.

Trade the fundamental principals of financial markets- at your own risk!