AC, is this something that must always be considered before taking a trade, i.e. that a candle in the opposite direction may have been what caused the ADX to tick up? If that is the case, do you leave such trades alone? The G/U trade worked out ok ...

Directional Movement

Hit TP on first position and doing well on second. A great first live trade with your system. Scott

Directional Movement

For that bar, my ADX was showing 18.65, and it had not increased 3 from its low, thus I waited until the next bar. I am on IBFX, by the way. I have two positions open, one set for a TP of 25 (which it came within 2 pips of) and the other set to be ...

Directional Movement

Ok, thanks AC. I am in the US and am sleeping during the London, but 6PM GMT is early afternoon here, so I can at least trade this during the entire NY session. You ever tried this on the 4H timeframe? Just curious. Scott

Directional Movement

I'm in at 1.4985, including spread. SL set to 1.4949. I have no TP set but will move to BE if trade goes positive by 25 pips. Looks a bit dicey at the moment as to which way it will go. Scott

Directional Movement

I was looking at that one as well.

Directional Movement

Proper signals on EU? — Hello, AC. Interesting system you have here. Thanks for sharing it. I just plopped your template on a EUR/USD chart to take a look and found what appear to be several sell signals (perhaps too many). So I'm wondering if ...

Directional Movement

Another good entry might be a sell stop if it passes through 3261, the low of two bars ago (hourly). It would be pretty likely to move much further down if that was the case.... my opinion only, of course. Scott

EURUSD

That's assuming it gets back up to 3300...

EURUSD

Can I blame him for the fact that I am currently down on my short? Scott

EURUSD

They're putting up a good fight.... but can they hold?

EURUSD

And when are you exiting your 2nd lot? When stochs cross in opposite direction in overbought/oversold territory? Sorry for all the Q's. Scott

EURUSD

One question — Mike, thanks for sharing the simple system. One quick question if I may. Do you only take entries when stochs are in the oversold or overbought territory? Happy Easter all. Thanks, Scott

EURUSD

You've got one of the best-looking spreadsheets around, Damon! I like the fact that you will be using percentages. Makes a lot more sense. Any chance we can get the particulars on your various methods/indicators? Would love to learn more. Thanks, ...

Damonl's Daily Trade Picks

Yeah, I don't see any H&S forming either. Just a nice little uptrend.

Cable Update (GBPUSD)

Got out of my two longs finally with a net of +2. Whew.

Cable Update (GBPUSD)

Nice pin bar on the 15M. Still holding my long from earlier and hoping to get out alive....

Cable Update (GBPUSD)

Long again from 1.4500 on a bounce off the 15M TL.

Cable Update (GBPUSD)

No and no.

Cable Update (GBPUSD)

Good call. Stopped out at +1. Better than a loss, I guess.

Cable Update (GBPUSD)