Waiting for bull stops, then get big drops!

Cable Update (GBPUSD)

I don't have stats on news events, and I don't trade news any more. I tried it back in 2003 & 2004. I just remembered when the Homeland Investment Act of 2003 kicked in. Every major news event during Autumn that went against USD caused the price to ...

how do l know the actual outcome of the news

Thanks Frank, Nice Tank BTW I wonder how someone like damien who's been a member since 2006 and has 10 posts to his credit could have missed.... well, you get the point. Bottom line: News time is wild and the gravy train gets messy quite often.

how do l know the actual outcome of the news

MY bad. Guess I was remembering the rare times that several major news events occured on the same day at different times. If I cared to back up my claims,which I don't, I suppose I could go to BurgerKings news thread. He has screen shots of ...

how do l know the actual outcome of the news

Price action after major news can be a very complex mess of spikes up then down two, three or more times or no movement for a while then wham! ect... These moves are dependent upon not only the news (good or bad) but the price relative to major ...

how do l know the actual outcome of the news

Well poke me in the eye with a spoon! — I just can't seem to screw up even when I try. THIS is F U N! Those pretty colored boxes must mean something. I wonder how they attract so much attension from price movement. I'm sure it has something to ...

Weekly Interplanetary Expectations for GBP/USD

Scaling is NOT a trading strategy? url

Scaling: In/Out. Winning/Losing

Scaling in is like a Chess Match — A couple years ago I read something by Linda Raschke about entering a market (stocks) while it's trending on a short time frame like 15 min. It went something like.. if the market has just reversed and is ...

Scaling: In/Out. Winning/Losing

Daily scalp is underway — Price action and position relative to forks indicate high probability for short scalp against major trend. Will need to keep close eye on this one as market is shakey. Update: 06:20 PM 1st order: short @ 2.0420 0.1 ...

Weekly Interplanetary Expectations for GBP/USD

Should the brain train the bot or vices versa? — Hello gents, This is indead a thought provoking thread. My programming ability is dwarfed in comparison with most here. Even so I would like to ask if any discressionary traders here use bots or ...

Automated Trading

Bottom Line: The help menu in MT4 is very good place to start. When you know all that stuff MQL4.com has more advanced examples to learn programming from. There are many good sources for info in the MetaTrader forum and by looking at the many ...

mt4 newb

Ok, Strange Man! This is a trading forum and as such you will never wow everybody over, regardless of how good your methods are. If people want to dis your trend lines they should at least have the balls to do it in your thread and explain why they ...

This is not rocket science; This is forex trading

Well, it must be back to the drawing board! I can remember not so long ago when I would draw such lines and try to make sense of them. Strange, isn't it? How your past comes back to haunt you!

This is not rocket science; This is forex trading

I wouldn't vouch for him! At least not until he posted his trade journal and updated it in real time!

World's Best Trader Discussion Over

Good Stuff Akuma! — I've often wondered why MT4 gave Forks preferential placement in the dropdown list of 'Insert' because I had trouble setting forks up so that they were very usefull. Now I have another nifty tool. As an added bonus to our ...

pitchforks

Scenario # 1 looking good! — Phase 1 is underway. False break above last weeks high went 30 pips before dropping. Staistical studies SUGGEST that price drops an aveage of 96 pips in this case making a general area for bounce @ support level ...

Weekly Interplanetary Expectations for GBP/USD

Impressive! — Looks good. I like how the CCI seems to give an early signal of impending trend change. One question though. You mentioned all you need is 3 significant points to draw the fork. What points did you use and how did you determine ...

pitchforks

Thanks for your reply Please understand that many types of people with a variety of agendas come through here and since you're relatively new I had some doubts. BTW I agree with your statements above and I'm looking forward to seeing your methods ...

This is not rocket science; This is forex trading

Hello Strange Guy — How long have you been using this strategy on a live account with an MT4 broker? I can picture this in my head because I've done it before. Yes it is simple and it works great in strong trends until the chop begins. You ...

This is not rocket science; This is forex trading

Earth Week October 1-5, 2007 — STATUS REPORT Fundamentals: USD got a bit of good news last week, but sentiment is still strong Dollar negative. Need to focus on long-term economic trends because a noticeable dollar positive trend in several ...

Weekly Interplanetary Expectations for GBP/USD