Swing location — I am not sure about the swing low location that you've selected. If your swing low was a few candles above your current location, it would be nice. Just my thoughts. You could still make pips with this setup, but this would ...

The System II (Yes with irony)

Small trade — Hi All: Just got out of the E/$ trade for a nice 25 pip profit. Not bad considering I just got up

The System II (Yes with irony)

In a trade — Just entered a short trade on E/$ Edit: Stopped out at BE+1.

The System II (Yes with irony)

One more small step — Hi All: Another profitable trade using this method.

The System II (Yes with irony)

Kick the bias off — Hakga, Your explanation is spot on. BTW, the long trade (chart I posted earlier) worked out very well. I've to admit, even though its only a demo trade, I was "Did I buy at the top?". I used fib extension to get ...

The System II (Yes with irony)

Gracias — Makes sense. Thanks for the clarification

The System II (Yes with irony)

One question — Hakga, I'm trying to understand how and when to flip the swing high/low and change from looking for short to looking for long. I think this could be one of the key elements in successfully using this method. For instance, in ...

The System II (Yes with irony)

My first trade — Hi All: I always had a fear - fear that I am buying at the top and selling at the bottom. I had always been a "wait for pullback" guy. I read this thread with an open mind and found things that I've missed/ignored all these ...

The System II (Yes with irony)

Waiting — Hi All: I do use trendlines, channels for trading and found this thread recently. Just spotted a potential setup for short on GBP/USD. I'm attaching a screen shot. I waiting for a break of the channel lower line, pull back for entry.

Trendline Break (The Only System You Need)

Drawing short trend line — Right click the trendline. Click on parameters tab. Uncheck the "ray". This should make the lines short.

james16 Chart Thread

Money management — Sean, I don't know what % of your account you are willing to risk on each trade. The last two trades in Feb were both losses and came to around 500 pips. If you were to trade a mini with only $1000, your account would be ...

4H 5EMA System

Sharing the pain ... — Don't worry buddy. We are with you as well On the daily version, Feb has had two losing trades. If the current day's candle maintains its low, then I'd be locking in some pips for the first time this month . ...

4H 5EMA System

Daily drawdown - SL=TP version — Hi Chris, Largest loss that I've taken : -419 Largest SL placed ever: 745 Average SL size (Dec/Jan/Feb): 280

4H 5EMA System

Discretionary entry help — Ozziedave, Thanks for your explanation on how to use fibs and entering trades using discretion. So far, I've been entering trades at the fib lines "blindly" - partly because of the ease of it and mainly because of ...

Fib 4Hour MTF Moving Average

Missed trade but ... — Looks like I'm getting the fibs drawn the right way . I too missed that pending short on AUD/$ by 3 pips - would have been a nice one thanks for the help robby.

Fib 4Hour MTF Moving Average

Pray at same time — Wow, both daily versions have to "pray" for some comfort. The version I use took two punches in Feb as well 4H has a big army and they comfort each other - for daily, its just me, Eldee and Howard. So, prayer ...

4H 5EMA System

Daily versions — Welcome aboard. I did start with a broker with different candle start time for the H4 candle. I switched to Alpari so that my life as well as others who answer my questions will be easier. So, I'm not sure in what way trading ...

4H 5EMA System

Loser v Looser — Apologies to all English people across the pond. Its what the world does to your language for ruling different parts of the world for so long. Its payback I think we @ FF just try to trick our brain from thinking a ...

4H 5EMA System

pivot time — robby, i assume you are using the daily pivots for this system. in that case, what time does your pivots start? what time does your pivots reset everyday? like 0000 est, 0000 gmt, 1700 est. if you look in your chart with pivots, ...

Fib 4Hour MTF Moving Average

Looking forward to EA — Time, Thanks for the EA - I can use your EA to test the past 2 years. Right now, I have to go through manually and its time consuming. Also, from next month, I'll post the times in Alpari times and not my local time. ...

4H 5EMA System