A common fallacy is to say "If I have a failing strategy I should do the opposite when I get a trade signal." The reality is that the opposite thing is TO NOT ENTER A TRADE AT ALL. The real point of opposition in this is entering a trade versus not ...

Why a chart pattern fails?

I agree with opie999 on this. Chaos is the operative word. Having fought with the forex market off and on for more than three years and trying one strategy after another in search of something that worked, the only thing that emerged from the effort ...

Why a chart pattern fails?

An attempt at a HI LO EA — I put together the following EA by modifying an existing EA. I'm not much of an expert on expert advisors, but I think I got into the ballpark at least with this. The problem though is that with the existing code a ...

Part Time Wealth Building System - "Open-Close Trending"

Proper settings to use Rhythm for Weekly trading — About using Rhythm for weekly trades: First of all I'm not sure how to set the exit time for trading weekly. I happened upon what I think can work by setting the exit hour to -1, which appears ...

Part Time Wealth Building Trading System - Weekly Scalping