My Broker doesn't offer MT4 on the my live account, so I use a demo for charting. So please forgive the MT4 chart mark-up

News trading discussion - continuation

I wonder why it is that you don't appear to trade the news the way that the Institutions and (ex-) Floor traders do? I traded the GU on the UK Manufacturing PMI this morning. I traded it long for 15 pips (an Undercooked trade i.e price not ...

News trading discussion - continuation

So you are probably wondering if All news releases can be traded like that? All I can say to that is not by me they can't. For me to trade a news release I need a nice uncomplicated release (not too many others out at the same time). I need one that ...

Institutional Equivalent Education?

I just got an email from Carlos Diaz (of Foresight FX ) about whether it is a good idea to trade News Releases. Of course he says no it isn't. But he obviously knows crap about how the Institutions trade News Releases (or even how the ex-Floor ...

Institutional Equivalent Education?

If you want to see more free stuff from Ray, then you have to do a little work: Go to http://compassfx.omnovia.com/proptraderexp and type in an email address (it doesn't have to be a real one) then enter the password goprop You will then have to ...

Institutional Equivalent Education?

Oh and just to let you know, the guy I am talking about is the one with the Scottish accent in the first video clip (Ray) - not the Canadian in the second one (Steven).

Institutional Equivalent Education?

Ish, I think you are heading in the wrong direction if you are scalping 'The Pattern'. I don't know how long you have been studying it, nor how intensely, but it takes time to see these thinks in real-time. I took SMs course (online) in May2011 and ...

M&W-Trading

@Ishtana. Steve oversimplifies in his teaching, there is nothing in trading that works all the time. He was just trying to highlight the most probable patterns. Everyone is different and sees things slightly differently. I am hopeless at level ...

M&W-Trading

Hi Ishtana, I couldn't stop myself from commenting (in Blue above). BTMM is not teaching Gartleys. They are using the indicator (ZUP) as an alert. For me, I don't see the point of that - unless you need an indicator to tell you what you can already ...

M&W-Trading

Hi Msepf77, With Renkos, nearly all scripts/EAs do not include a set price value at which to start calculating the blocks. Thus you can get differences in Renko charts for the same Broker, both with different Renko scripts/EAs and even if you just ...

Renko Block Charts

Red Pirate has raised a very important question , but not the one for which he actually wants an answer. I hope you don't mind me butting into this thread ( I don't know how Will trades, so can't help you with SLs) , but in your diagram you have ...

Trading with Deadly Accuracy

Better, but still not good — Hi Tiki, I just want to pop in to say that you are doing better. If you limited the loss to only 30% that is so much better than a total wipeout. You have never had any problem in making pips, just in hanging on to ...

Tiki Trader Trades

checking In — just checking in

M&W-Trading

Interview with TRT in TradersWorld June/July 2011 — In tradersWorld, Joel is interviewed - mainly about Gann: Download here The last part is Joel's medium term view on Commodities, Stocks, Bonds and inflation. He is very pessimistic. Ian

How I found what works for me

Trailing Stop Loss — Hi KR, I didn't use a fixed trailing Stopp loss accross all pairs - since they all have different volatility. It was adjusted on each pair according to the recent volatility shown. Just as the entries were. Sorry, but I ...

How I found what works for me

Hi BB — Hi Beach Bum, Actually I wasn't requesting anything, just sharing the backtest results from the March 2010 MAX Lite class. But it is nice to know that your results are similar. Perhaps I will take your MAX Std course some day. I found ...

MAX Trading System

Current MAX Lite course - my experience — [quote=BeachBum;3257911]...... new MAX Lite course ... So I've decided to post the questions and my answers. * Looking at the thread at one point you had 10 completed max trades. Probably you have much ...

MAX Trading System

Subscribing — Thanks wmd for a great thread - only just discovered it today, so only on page 14 so far. Ian

Trading with Deadly Accuracy

Skunny on 'validating a Fib' — @Trader_X You say some have questioned whether Skunny had ever said that a Fib had to be validated by price reaction to the 38.2% and or 61.8%.

Indicator Free Trading - Skunny

Penetrated but not broken... for choosing Fib start/end — Hi, I think that Skunny was talking about looking for S/R that is penetrated but not broken. Then either take that as a hint of direction, or use that extreme for a Fib start/end point. ...

Indicator Free Trading - Skunny