Your Dragon Money Management indicator seems like a very useful one. Could you please post it?

Risk Analysis

I agree. Jeev, have a look at the weekly chart and try drawing the major zones based on what you see there. You'll draw horizontal lines that are often found at psychological price levels (ie round numbers), then you draw the zone around those ...

james16 Chart Thread

Hmmm, this is very important information indeed. This means that even though there were certain signals indicating a strong JPY, the fundamentals actually drove the rates up. In the process of driving the EURJPY back up, a couple of pinbars appeared ...

Silent Service Method

If I would have traded I think I would have gone short as well... I made a note yesterday when the price was at 132.55 that I expected EURJPY to go down. This was due to a pinbar I spotted iirc. Pinbars or other indications to go short also showed ...

Silent Service Method

Hey, I had something similar earlier this week: I expected EURNZD to rise, and GBPNZD to fall. What I did then was look at the EURGBP charts, and expected a rise on that one as well. This ment that EUR was getting stronger than GBP, and I guess that ...

Silent Service Method

Thanks for warning me I agree with you that this trade might be too risky even though I still believe short term signals might indicate a move upwards. To be honest I still need to get used to trading like this. At the moment I got about 15 ...

Silent Service Method

Might be a nice opportunity. edit: hmm now that I look at it again the outside bar (bar before the current bar) would suggest a continuation down if I'm interpreting it correctly. In this case it might be better to wait for more bullish ...

Silent Service Method

Hehe, I shorted that around midnight +1GMT if I'm not mistaking (post 400 in this thread). I closed at 83, had a gut feeling it would bounce back up (I was wrong xD). Made a nice $400 trading .2 lots though. I'm thinking of shorting it again later, ...

Silent Service Method

I decided to go short on the CHFJPY. Found a daily candle that looked like a pinbar around the 85 resistance level.

Silent Service Method

Wow! That pair has been insane. Too bad my broker doesnt provide USDNOK.

Silent Service Method

Of course you could be very right. I wouldn't take the trade however. On the smaller timeframes you see price touched the 1.30 zone, then went back to the 1.27 zone and now its moving around 1.28. I'd wait for the price to settle at an S/R zone ...

Silent Service Method

Hehe, I didn't trade any lots. If you trade 1 ordinary lot, a $1 move of gold equals $100 in profit/loss. This means that if I actually did trade with 1 lot all the time, profits could have been 800*100=$80,000 (spreads not accounted for). You do ...

Silent Service Method

Hi Clockwork, First of all, thanks for taking your time teaching us your strategies. I haven't fully read your thread yet, will do that asap. However, while I was reading your posts, like many others I popped up a chart (in my case it was a gold ...

Silent Service Method