Alfred, are you just using support and resistance? If so, please let us know so we can all stop wasting our time reading about this "system."

Three Line Break

It's broken above, and I've set a buy stop @ 123.68, as it has retraced slightly and now I feel it will take off if price hits that level.

TEB sytstem

Awesome, you've set up a demo account with a starting balance of $1M. And?

Increasing Lot Hedging - GBPUSD, USDCHF, USDJPY

ADX doesn't predict trends, nothing can and nothing ever will. ADX simply tells you if you're already IN a trend. It's a pretty useful tool IMO, but like all indicators that have ever existed based on price, it lags.

Average Directional Movemnt Index

I'm very interested in the guppy MMAs after reading lots of information on the concept. My question is, as someone asked a while back earlier in this thread, are the MA periods good for forex, or are there more optimized numbers which more ...

Guppy's Multi-Moving Average (GMMA)

Yeah, it's a pin in traffic, but it still represents the emotion of buyers winning out, and while I wouldn't have taken that trade (I would have waited till 8554), it broke the top trendline up, and so far it's a good trade like you said. BTW, ...

james16 Chart Thread

Well I'm certainly no expert on fundamentals, but I think that typically a lack of reaction to a fundamental piece of news indicates that the news was expected, or in other words, the price already accounts for what was expected. Even if the ...

EURUSD

Seeking, if you're talking about the upper TL from the upchannel, yes it's had a lot of touches. But that "rule of 3" that you hear about typically (IMO) refers to a small consolidation ranging period (1/18 to 2/26 in USDJPY for example). Also, the ...

james16 Chart Thread

Thanks wizard.. ~j

james16 Chart Thread

Price Pivot

james16 Chart Thread

Sorry wizard, I don't really get what you mean by making up two years losses in 4 hours...? It's hard for me to really do a comparison on the charts--the scale is a little bit different too I'm sure, so I can't really tell. What is "SB broker"?

james16 Chart Thread

Pinbars "work" based on a realization that longer TF bars (say, 4H) are simply combinations of shorter TF bars (say, 1H). So find a 4HR pinbar, and switch to 1HR and notice how those four 1-hr bars compose together to make the 4hr bar. The open of ...

james16 Chart Thread

Color of charts... — Slightly OT here... (sorry) I've tried different color schemes to find which is the best for my trading and my eye... it seems that James' (and mbq and others) green bars on a black BG seem to do very well with my eyes. In ...

james16 Chart Thread

Of course this will depend on you, but nothing about this really says "trade me". Yes, it's a DBHLC at resistance, but there are quite a few of those that aren't so impressive. Then again, it could be a monster trade and you could make tons of pips. ...

james16 Chart Thread

Right now we're still in it, about B/E as of a few mins ago. I think this is going to be a nice trade.

james16 Chart Thread

Well, look at it like this--you had the setup and you took the trade, and it just didn't work out. Same for me, I got burned on this one. So, I've started a "Do's and Don'ts" list for me personally. #1 on the list is: "Never trade a breakout above ...

james16 Chart Thread

I entered at 167.20, SL 166.79. To me it's not too early--it's enough pips above the zone to me to justify entering. Let's see how it works out.

james16 Chart Thread

Just to be a bit on the safer side, since the last pinbar's low was 122.10, I decided to go ahead and place the stop 20 pips lower at 121.85, as 122.05 or so (where the stop would be place as you mention) is just asking to be stopped out by stop ...

james16 Chart Thread

Moe, I called the chicago office and they said they don't support MT4 Mobile. Can you verify this?

ODL securities -long post