Last night I watched episode 11 of Americans, a television series about some KGB agents in the US during the Reagan administration. See url A memorable line that struck me was when the senior KGB officer Claudia responds to the question "Do you ...

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GM - PRT is so much easier to work with

Islander and Medici trade the European open

Not quite. The SL depends on your strategy and on the volatility of the asset you are trading. If instead you are setting your SL based on how much risk you can tolerate, you are setting yourself up for a lot of stop-out losses due to market noise ...

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As an example, if your stop is 10 pips, and you're trading EUR/USD, then you want 10 pips to equal $20 (2%). Than means $2 per pip, which means a $20k trade size, i.e. 0.2 standard retail lots of $100k. In a formula: P * r / SL / 10 standard lots, ...

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That's a debatable statement. No need to restrict people's perspective, I think. There are several worthy contenders beside NT, depending on what you are looking for. But, yes, NT is probably one of the most widely used. Which doesn't make it best.

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It depends, of course, on your requirements. First thing to consider is that charting packages are linked to brokers - that is, depending on what assets you want to trade, and your choice of broker, the selection of charting packages has already ...

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Here's the PRT code, in case you would like to explore it: ONCE tm = close pp = CCI(typicalPrice) if pp >=0 then tm = High - m*AverageTrueRange[p2](close) if tm < tm[1] then tm = tm[1] endif endif if pp <=0 then tm = Low + ...

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To add a bit of detail to the out of hours discussion: Some brokers hedge their book using Eurex futures or dark pools - their trading hours are 7am UK time until 9pm, or something similar. Other brokers hedge overnight using CME Globex futures ...

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Another instructional piece while waiting for the action to start, this time on range vs trend. The chart below is the DAX index from Tuesday this week. When a downtrend stalls it is easy to ask whether the trend is over now, and to start looking ...

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I don't use MT4 so I can't help. Post a question on the thread where Islander posted the indicators, and hopefully he'll be able to help.

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This is my main entry method. Islander might be able to help you with that. See url There are two options. Either you use several MAs - 3-4 of them or so. See this thread for an example: url Or you use several charts in parallel - having, say, ...

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I thought I'd share, for everybody's benefit, the way I do this. Below is a 30 sec chart with SMA100 (red). Then there's a HiLo channel. It's made up of WMA20 of the highs and lows. As a setup forms, such as in this case, I place a stop order one ...

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I've answered this question above, and so has Cat, I believe.

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That's as far as I understood things too, before it got hazy.

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I'm wondering too...

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Very important point

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I get what Cat is saying, and I agree, but I don't understand your point to the extent that it differs.

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WTG And that fake-out looked even nicer on a tick chart

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