[IMG] Applying statistics to the reversals shows when to take the trade.
I don't need to "start my own thread". I have just as much right to post here as the next person so long as I STAY ON TOPIC and OBEY THE FORUM...
[IMG] Tom: I am NOT selling anything here. Others post charts and are NOT accused of selling anything. This is a trading forum....
[IMG] Using the waves and support/resistance.
[IMG] Thanks for sharing jjrvat. I noticed that using the longer periods keeps you in the trade for more profit and it also keeps you out of...
I guess the debate is on! But let's not detract from jjrvat's thread. I think jrrvat deserves our respect. If you want to continue this,...
IMHO, this is a BIG MISTAKE! People say "markets change". That's an ILLUSION! What really changes? There are buyers and sellers in all...
I enter with a LIMIT order. Remember this:
I think it means it's in transition/reversal.
When the price hits the MA(240).. if price going up, buy. If price going down sell short. It's not my MA... just one I found on the net....
[IMG] I think you can see trading at the MA(240) in the direction of the current trend for 5 pips is almost a guaranteed winner. All you...
What part of DO NOT ATTEMPT THIS didn't you understand? Name calling is juvenile at best.
I am using the same MAs as jjrvat described. EXIT? I put a 5 pip target. Usually, in/out quick. Since I use an ECN, I can BUY at the bid and...
I noticed something profitable today: When the MA(6) crosses the MA(240), trading in the direction of the cross is profitable on the GBPJPY.
Then enlighten us.
What I was saying that if you let price action determine your SL, then your TP should be a function of that SL. Of course, you have to use...
Thanks amitman. Wouldn't the price targets be part of the money management? If you have a SL of 1 then wouldn't the TP be 1, 1.5, 2.0,...
I will respond to conversations and debate about learning HOW to trade. I will not address negative comments and I expect others not to either....
I don't think you understand what you really have to code to have an automated system. There are so many things you have to test for.... Not...
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