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the_wizard replied Jun 8, 2007Another loss... — I took this pin bar. First trade in weeks. It ended up losing. If you count four back you will see another pin bar, that triggered and then lost, too.
james16 Chart Thread
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the_wizard replied May 31, 2007Dow - 1 hr Pin bar off support. This one went a long way.
james16 Chart Thread
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the_wizard replied May 29, 2007Post #10 shows bearish outside vertical bars. This post that Razl is talking about is not one though. Infact, it doesn't look like any bar that James covers. Wiz
james16 Chart Thread
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the_wizard replied May 29, 2007Aidan, Thanks for sticking with this. I am truly baffled by what is going on. Players seem to be all over the place. One day they are top, the next they are bottom. A 52% increase with 0 trades is ridiculous! However, I do know that Oanda includes ...
Competition
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the_wizard replied May 28, 2007Hi neel123, I've not tried this but you could well be right... Wiz
How to profit from your broker
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the_wizard replied May 24, 2007I think it was a good pin whether it works or not...
james16 Chart Thread
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the_wizard replied May 24, 2007Peter100, did you take this short in a live account? The DJIA also had a pin pointing to a reversal but it is heading up sharply and has already broken the previous session highs.
james16 Chart Thread
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the_wizard replied May 23, 2007MrMikal, Oanda adds on interest to your account. So even if you don't trade, your account value will still increase. Tom
Competition
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the_wizard replied May 23, 2007Hi Dingo, The Bund is the only market I am currently watching. I have decided to concentrate on one market only and specialise in it. I chose the Bund for several reasons. Mainly because I wanted a fresh start - I wanted to try and forget everything ...
james16 Chart Thread
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the_wizard replied May 23, 200724 hours in the Bund — I love this market. The Bund - 24 hour period. 30m charts. Win loss ratio: 10-3
james16 Chart Thread
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the_wizard replied May 22, 2007Welcome aboard JackT, You have analysed that chart very well! Tom
How to draw trendlines
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the_wizard replied May 22, 2007It's interesting you should say that. Another trader once said that same thing to me. He now works in a call centre.
Is losing a requirement to be successful?
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the_wizard replied May 22, 2007So you would enter short, for example, if the price broke both down through a horizontal support that combined with a rising TL?
How to draw trendlines
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the_wizard replied May 21, 2007Phase1, one of my biggest downfalls as a trader is I try and understand everything I can even if it doesn't affect my trading. The TL's make sense to me but if someone says they are wrong then I want to know why. Sometimes you genuinely learn ...
How to draw trendlines
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the_wizard replied May 21, 2007Studying the way in which the lines were drawn by fx_ninja in the chart above and re-reading the original comment by the trader who criticised me in the other forum again, I'm seeing the chart I drew in a new light. He wrote: "Your best lines are ...
How to draw trendlines
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the_wizard replied May 20, 2007Great post Phillip. THANK YOU. I'm constantly amazed at how many people come forward to help you when you ask something. I visit a lot of forums and this one is by far the best in my opinion. Thanks again. Tom
How to draw trendlines
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the_wizard replied May 20, 2007I am zoomed out! lol Unfortunately the platform I use is fairly limited in the data it displays I know...I know...change broker
How to draw trendlines
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the_wizard replied May 20, 2007That's not a DBHLC - it's an IB4. You could play it either long or short on the break. I personally don't trade with targets but the ones you mention appear valid enough.
james16 Chart Thread
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the_wizard replied May 19, 2007fx_ninja — fx_ninja - Thank you very much for your reply. That is a GREAT POST. I am going to save that as a source of reference. Tom
How to draw trendlines