Jharteam, Could you please show in detail, what fractals you are using to construct this modified schiff? And what channel are you using to base a .618 measure and why just this set and not carried through the remaining measured warning lines, as ...

Andrews Pitchfork (Median Line)

The moving average itself is just a dynamic representation of the average price for a specified time frame, thus the best settings, imho, would be those that represent actual time measures. Example a 24ma for hourly bars representing the average ...

What MA's do you use and why?

You have your choice, one of three options, played out on two axis, price or time or combo. a

Lusan's trade Journal

Lusan, Something to think about: Price can always do what ever it wants and that "what ever" will always be right, but when looking at reversals, it's important to me to have a reason for price to reverse at any given point. When reversal (candle) ...

Lusan's trade Journal

Lusan, What you are seeing is what I call a cut through trendline, and the rudimentary basics of action reaction lines, notice the distance price falls below the line and compare that to the distance price travels above. You're geting into ...

Lusan's trade Journal

Your edge can be anything, tweezers, pins, fibs, 123’s …..setups as many as the day is long, what matters is that it gives you the cahones to enter the market. From that point on the edge is worthless, it’s how you manage the trade. No matter what ...

We're all saying the same thing

Broad based buying today, anyone feel a squeeze coming tomorrow afternoon? I'm wondering how many people are out there waiting for the first big rally to dump.

DJIA Futures

I dont know how many of you were around in 2005, but google Refco, it will give you a good idea of how safe your money is in a bucket shop. Your money is theirs. If you have extra cash in your account, not being used, you might want to find a safer ...

How safe is our money at the brokers?

8200ish, for a bounce.

Wall Street close watch

Watch this for possible support, channel off the 12/04 - 4/08 highs and the 11/05 low. confluence with the 12/04 1.3668 prior high.

EURUSD

havent been keeping up with the thread, just something to keep in mind.

EURUSD

There is no market for the Dollar at the moment, Euro & Cable are in range straight across the board, if any thing Yen is biased Dollar positive, but nothing will happen till Congress shows it's hand to what the revised proposal will look like. When ...

EURUSD

The only thing that's constant in life - is that things change, and nature itself is cyclical. Days, Seasons, The Tides ect........ Wither or not one can derive a trade edge from planetary or lunar movements/cycles is debatable, but the effects on ...

Planetary Cycles Trading (EUR/USD)

Jameshong, You are probably on the wrong forum to discuss planetary aspects and trading, the main consensus here is EA and systematic trading approaches for the most part. Look for one of the old members here Akuma99 and search around. You may find ...

Planetary Cycles Trading (EUR/USD)

Not paper, take physical possession.

Gold Discussion

The term "Free Markets" will need to be revised, now it's just the Feds backing all business Airlines, Banking, Automakers, Housing, ect. ect. with tax payers dollars. This is just a gamble to try and last longer than the inevitable economic ...

Fannie and Freddie Mac deal --> Treasury printing

Try taking half or a third of the position off at your adjustment point, banking that or using that as a cushion for the stop on the back side of your entry ( will give you a better cusion as the move gets going), once price makes a new s/r level or ...

Do you set a breakeven stoploss?

it's all in the geometry — When the fork fails, just like an over/under shoot, look for the sliding parallel to bounce if seen.

Andrews Pitchfork (Median Line)

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Technical Analysis Fallacy