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- misterboy replied Jan 22, 2009
Oh yea true. I will watch out for that from now on.
No Brainer Trades
- misterboy replied Jan 22, 2009
How do you know a level is truly broken? I dont have confidence in taking breakouts so I only take bounces in the opposite direction.
No Brainer Trades
- misterboy replied Jan 22, 2009
If its too boring, check the past couple of days on the 15 minute chart for support resistance. and see how they work out. Good for scalping 10, 15 20 pips. I've been doing that, works pretty well. And actually, BRV also has a bucket method on ...
No Brainer Trades
- misterboy replied Jan 21, 2009
Its because of hearing about fallacies like these that I have decided to trade only support and resistance---which works. I found out that even if indicator based system works, it will stop working at some point and need changes.
Statistical analysis fallacy
- misterboy replied Jan 21, 2009
Oh alright! Thanks for that...I'm not going to bother then..
No Brainer Trades
- misterboy replied Jan 21, 2009
Damnit! Im clueless about the option expiration thing. I had just a faint idea but if it affects forex this much I really have to read abt it.
No Brainer Trades
- misterboy replied Jan 20, 2009
USDCHF had good resistance at 1.1490 but I missed it
No Brainer Trades
- misterboy replied Jan 19, 2009
Download the PDF in teh first post. It has all the info you need
No Brainer Trades
- misterboy replied Jan 17, 2009
shakes — You are right! I have also taken indicators off my charts for the past 2 weeks. I now trade support/resistance which is a strategy thats never out of date..
Shakesfx GBP/ JPY Parabolic SAR. Nothing more, nothing less
- misterboy replied Jan 15, 2009
I was watching that price too...but without fibs...
No Brainer Trades
- misterboy replied Jan 15, 2009
No problem. I am just happy to get some things right.
No Brainer Trades
- misterboy replied Jan 15, 2009
Took this at 4hr close below support... good for 50 or so pips...
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- misterboy replied Jan 14, 2009
Yes. I think i'll just wait and see than place an order. Next area on my chart is somewhere around 5200....quite a bit of room still..
No Brainer Trades
- misterboy replied Jan 14, 2009
Im not jumpng in either...just considering "after" it breask...I missed 2-3 nice breakout trades this week
No Brainer Trades
- misterboy replied Jan 14, 2009
nzd/usd — Anyone planning to sell the break of this level?
price has been around there for agesNo Brainer Trades