- Search Metals Mine
- PowerTrader replied Nov 7, 2007
September Results — Same account for September September Overview 481 - 59 = 422 Positive pips for the month Averages: 105.5 per week 23 out of 25 Positive trades 92% Success Rate
PowerTrading/The River
- PowerTrader replied Nov 7, 2007
October Results — Here are the results from my PowerTrading method on my audited account for October October Overview 448 Positive pips for the month Averages: 112 per week 10 out of 10 Positive trades 100% Success Rate This account is now ...
PowerTrading/The River
- PowerTrader replied Nov 7, 2007
Reversal — Here we go with a River reversal. We have started the retrace based on the upward move of today. This could be very short term if we continue this strong upward move but I have already locked SL into profit at 2 pips. As usual I ...
PowerTrading/The River
- PowerTrader replied Nov 7, 2007
Fantastic — Great Job, I am going to be talking more in the future about the zone breakout (yellow box). It is a major part of how I trade this method, but you are doing a great job. Good luck, PT
PowerTrading/The River
- PowerTrader replied Nov 5, 2007
Today — Finally got that move short I have been looking for and made 75 pips today. Sometimes you just have to sit it out until you get what you want. I actually was up about 100 pips and kept moving stop up until finally we went back enough ...
PowerTrading/The River
- PowerTrader replied Oct 31, 2007
Trading — The good news about trading the River with knowledge is you can change direction when the market calls for it. You can actually do this with any method and knowing when is the key. Understanding we were building to an interest rate ...
PowerTrading/The River
- PowerTrader replied Oct 29, 2007
RiverWild — I still trade using the RiverWild but I have not posted to that thread for while as it did not have the same interest as the 15min. I will put together some posts in the future. PT
PowerTrading/The River
- PowerTrader replied Oct 29, 2007
Age — I am not sure the age of this system/method. You can look into the history of the 62 envelope here on FF and come to your own conclusion. For me I do not trade it as a cross anymore and haven't for quite some time. Without the basics, it ...
PowerTrading/The River
- PowerTrader replied Oct 26, 2007
Today — We are now in the 4th day of tight ranging with just a few breaks. If you had taken the breaks there were some pips there but I am still looking for short positions only at this level. That could be a mistake but so far it is okay. I ...
PowerTrading/The River
- PowerTrader replied Oct 25, 2007
Waiting it Out — We are still in a very tight range on the Gbp/Usd. I have not moved the fibs from two days and you can see we are in between ) 0 to 23.6 with just a few wicks outside that area. Here is my take on why we are in such a tight ...
PowerTrading/The River
- PowerTrader replied Oct 24, 2007
Not Moving — Well I am stuck in the range area today. I have two sell positions in place and down on both but not worried much. I could have taken both of them out in profit earlier and the first position could have been taken in profit ...
PowerTrading/The River
- PowerTrader replied Oct 23, 2007
Great Post — Bo, Great post and great call on the long positions and the close. I like that you posted your chart with orders in place. It proves to the skeptics what the rest of us knew and that is your Fibonacci system is working and the ...
Fibonacci Trading with Bobokus
- PowerTrader replied Oct 23, 2007
Reversal — I found my place to take another short position. It was right at the 61.8 fib level. This was an excellent place for this to turn. It could still turn on me but I will hold this order until I get the pips I want. Up 21 now but it ...
PowerTrading/The River
- PowerTrader replied Oct 23, 2007
EA — There have been a few attempts but I don't think there is a formula for success with this method. You need to understand fibonacci and the other basics to succeed. I am open to try one again but I have tested at least 4 and none were ...
PowerTrading/The River
- PowerTrader replied Oct 23, 2007
In the Zone — Using the River and the Zone you could have made some great pips already this morning. However as I have said I am living on sell orders this month so I am looking for a place for a reversal. This will give you an idea though of ...
PowerTrading/The River
- PowerTrader replied Oct 22, 2007
Projection — Here is what I am looking at to determine where we could place an order later. I pulled a Fib from previous move and in this case it was high to low. We have retraced back to 23.6 and a little past. If we are going to continue ...
PowerTrading/The River
- PowerTrader replied Oct 22, 2007
Question — Great question XS, I start to draw the box when price action slows down for the day and continue to update it until price starts to move again and when I say move again, I mean move more than a few pips up and down. Yes it will work ...
PowerTrading/The River
- PowerTrader replied Oct 22, 2007
Trading in the Zone — Trading in the Zone When trading the River on any other method it is important to understand where the Support and Resistance are located. If you can isolate price you are then able to identify where the breakout my ...
PowerTrading/The River
- PowerTrader replied Oct 22, 2007
Closed — I closed this order at 140 pips profit. Total of 177 for the day!
PowerTrading/The River
- PowerTrader replied Oct 22, 2007
Again — Watching this move closely. I have a stop loss set now and it would be well over 100 pips and we are now up more than 150 pips on this single move. Great isn't it. I wish everyone would post some charts with the sell and buy orders in ...
PowerTrading/The River