I pretty much disagree with the way you draw your trendlines, I find them to be fairly arbitrary, but then again, I wrote a book about it so I'm a critic of everybody (including myself). I'm curious how you "draw" yours though, since I see lines ...

Drawing correct resistance and support-lines

Quick question, why aren't you using equidistant channels?? You know that function exists in MT4 right?

Dumb blonde trading...

Well, that's 2 questions, how would I vs how should you.. two different questions.. If I have a signal that says my trend has ended, then I exit EVERYTHING. The quote goes: "The trend is your friend until the end when it bends.." How you should ...

Trend Fans

You are correct and that's what I do as well.. If the price breaches level 1, and I entered.. then it breaches level 2, and I've moved my stop to level 1.. If it breached (the other way) level 1, then my "assumptions" about the trend direction was ...

Trend Fans

Again, I'm popping my head in for a sec as the guy standing over me is gonna kick me off the comp in a few seconds. The trendfans create natural "points of interest", think of it like a national park, there will be a lot of "points of interest" that ...

Trend Fans

I'm on vacation right now, but I seem to have gotten myself stranded in Vietnam with no plane ticke back home.. That said, how are the Trendfans working for you??? I have a Sales book I have to write, and my 3rd FX book will be about 123 and the art ...

Dumb blonde trading...

I'm in Vietnam right now.. so I have fairly limited internet access, but what is it that you are confused about?

Trend Fans

Those are some nice trendlines, did you learn that from my book??

Dumb blonde trading...

BTW, the graph is of classic "average down", what it doesn't show however, is when a bankroll limit is hit.. then the curve becomes more of a cliff..

Pascal's Triangle as MM

I am weary of "guaranteed profits".. but interesting.. I put out a book called "Trends and Trendlines" and I GUARANTEE you will learn to draw a trendline. That's it. I think you have to stop and ask yourself, if a system GUARANTEES PROFIT, why in ...

Pascal's Triangle as MM

I'm harsh because reality is harsh.. If you want gummy bears and care bears, you need to stick to buying T-bills. This is FX, life in FX is harsh. You must know something we don't know, because your trading style allows for you to violate the sanity ...

Pascal's Triangle as MM

Yes, I agree, but you are viewing it from a purely "original" position viewpoint. When you pyramid, your original position is not the original position anymore. You start at a new watermark. If you entered at say, pyramid point 2, shouldn't THAT ...

Pascal's Triangle as MM

With all due respect to BGazzoni, If you don't know the math behind why averaging down is a bad idea, then you shouldn't be preaching it. What you advocate would have people buying Enron on the way down, and selling Google on the way up. Averaging ...

Pascal's Triangle as MM

You are not mistaken.. but you are also mistaken. The initial risk is greater than the potential reward. As the trade progresses, this changes. That said, consider if you wanted to gain +118 pips from 4.1 lots and you entered that from the getgo. To ...

Pascal's Triangle as MM

OK OK, doom and gloom aside, I'll teach you another pascal's triangle method. This is based on "sibling numbers" and predictive TP. I'm feeling generous today, so I've photoshopped the section out for you all. This is for people who think they can ...

Pascal's Triangle as MM

I find people on FF to be fickle though, fickle or stupid or both, I'm not sure. Quite a few of you seem to enjoy this thread, judging from the PM's I get; but had I had a book called "how to use Pascal's Triangle to improve your trading" I'm sure ...

Pascal's Triangle as MM

One of the things I forgot to mention is that, if you took 4.1 lots and divided it into the +118.6 profitable pips, and that gives you your "raw" pips per lot. In this case, that's 28.9pips raw per lot. That is off a 41 pip movement, so you've ...

Pascal's Triangle as MM

Pascal's Triangle used in Stop Losses with MM — I was thinking, I really should write this in a book, and charge you all for it.. maybe I will... This post is dedicated to razldazl's 3 kids, hopefully, some of this information will go towards ...

Pascal's Triangle as MM

More Explainations — if I explain here, will most of you stop PM'ing me about it, or will this cause more PM's?? : Micro explanation: ~~~~~ Pascal's Triangle as a Lot Size (MM) determinant ~~~~~ I think the EUR is going up and I am willing ...

Pascal's Triangle as MM

Would it be hypocritical to recommend learning the basics.. like what my book teaches? http://www.priceactionforex.com You can solve headache one of two ways: 1) Medication 2) Education The first one is expensive.. and a temp fix... I recommend you ...

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.