Another quick update on the CAD, again from the Financial Post url . The speculative long on oil - the largest in history - is definitely interesting. As a side note the price of XEG (Canadian Energy ETF consisting of mainly the large oil ...

Pivot Trading

Thought I would provide another quick update on oil and the CAD while I was at it. As we know the price of WTI has been increased by just under 3 bucks since last Friday. However, the USDCAD has basically been going sideways (little or no WTI/USDCAD ...

Pivot Trading

Don't forget that NZ has the highest interest rates among the major currency countries at 1.75%. Australia is tied with US at second at 1.5%. see url . Therefore, there will still be the carry trade impact that supports/strengthens the NZD in ...

Pivot Trading

it works - look for a red or blue line vertically through the candle - you can change the colour

I challenge you to fail with this

Joseph, the NZDCAD example is nice. Unfortunately, it is very easy to cherry-pick examples from the past. Not all the valid signals are at the beginning of a major trend. I have yet to see the money management approach - TP/SL at least - that would ...

I challenge you to fail with this

Joseph - to be clear, we are just trying to understand your back test results first, before worrying about MM. I am also assuming the 20440 pips in the back-test are "pipettes"? If this is the case then the results in pips would be 2044 pips (i.e. ...

I challenge you to fail with this

Joseph, looks interesting. A better description/example of the TP and SL would also help. Cheers

I challenge you to fail with this

The distance between lines should be 100

M5 USDJPY Scalping System in 3 steps

Forex Baraka Enter the centre line price in the indicator inputs - try a round number like 110.5 and the number of lines as 20 or 30

M5 USDJPY Scalping System in 3 steps

How about these? url

Pivot Trading

Check out url for a lot of MLaden's indicators (I believe he is involved with this site). They have an MT4 indicator master pack with about 8000 indicators, so fill your boots. I find some of the indicators have to be re-compiled because of MT4 ...

Share favorite NON REPAINT, valid and solid indicators here

There wasn't much news impacting oil last week, other than some unnamed OPEC source commenting about "Gulf producers plan to keep output in Q1 and 2018 below levels from 2017" and the UAE Energy Minister talking about seasonal demand, decline in ...

Pivot Trading

Have been playing around with ZUP and noticed this on the EURUSD H1. For the harmonics guys in the group, how would you trade this - a breakout below R138?

Pivot Trading

Are you using the template or adding to the chart directly? Try a new GU chart and try with template or adding the indicator to the chart directly, if you haven't done so already. When I use the template I have to use the procedure I indicated in ...

Pivot Trading

Right click on chart. Open indicators list. Open Davis pivots. Click ok. Click close. Then they should show up. If that doesnt work then try recompile/ resave in the Language Editor.

Pivot Trading

...... back to OIL The Oanda Correlation Chart of West Texas Oil and the USDCAD shows that during the last 12 months the negative correlation (Oil goes up and USDCAD goes down) hasn't been very relevant. However, the last month has shown ...

Pivot Trading

Oil (WTI) is definitely at a resistance level from April/May of 2015, and this shows on the weekly pivot at R100. Oil is known to have a seasonal period where price typically rises (Late Feb through early April and also in July), however January ...

Pivot Trading

Davit Not sure why I missed this thread until now, but I am flushed with early success Traded the AUDNZD Long today from S100 with a tight stop, and am still in the NZDUSD Short from similar levels as yourself. So a bit of a double down trade on ...

Pivot Trading

..... and a little more for those that are interested. Ultimate Volatility Expert is a system created based on ADM(Average Daily Movement). It is a system based on breakout trading and quite similar to Open range breakout trading. And here the ...

Volatility Trading System

Metasock Seems stable so far. Have a small AUDUSD trade running at the moment. Will see how it goes. Appears to also go by the name Ultimate Volatility Trading System. Was built for Amibroker. I noticed it also had coloured candles to match the ...

Volatility Trading System