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ChesterB replied Jan 16, 2008go check out my pips du jour system, it uses the 9s as a possible exit point to get out of some trades. url
DeMark Indicators (ADVANCED)
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ChesterB replied Jan 16, 2008in retrospect, awfully strong double bottom candlestick pat.
ChesterB's Trading Log
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ChesterB replied Jan 16, 2008yeah the thing doesnt repaint correctly always unless you re-apply it...its just a cross over i got from online, i havent had time to redo it, but it works if you reapply it... the chart you posted isnt a signal because it has wrong order when ...
Pips Du Jour
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ChesterB replied Jan 16, 2008SHORT EUR/CHF on du jour signal — took a short position here: lets see how it goes. btw, this is at london open
ChesterB's Trading Log
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ChesterB replied Jan 15, 2008turns out price did go up...unfortunately, i set my SL to B.E. when at 8 pips of profit and it took me out for BE.... maybe SL at 15 is good sometimes... Or maybe just unlucky trade...BE is not bad.
ChesterB's Trading Log
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ChesterB replied Jan 15, 2008Here is a counter trade to the du jour system, with Macd showing price turn around... plus we have a nice bottom with candle sticks and trade is in direction of the long term trend....
ChesterB's Trading Log
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ChesterB replied Jan 15, 2008Yeah but isn't beating the market month in and month out is different when you are a bank because of the large volume and you'd be moving the market with your trades?
Money Managers - Looking for Currency Trading Positions
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ChesterB replied Jan 13, 2008Mouteki uses TD Trendlines and price projections... Not sure what is the real deal you are talking about. TD seq wasn't necessarily made for forex but some traders say it works well on stocks. I happen to use the TD seq setup as a possible exit in ...
Supercharged MT4 Backtester
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ChesterB replied Jan 11, 2008Kudos for having the guts to come on a forum and admit defeat. I blew an account out more than once also. Part of the learning process my friend... If you're still interested in forex, i suggest trading demo or small account $25 on Oanda for the ...
blew my account
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ChesterB replied Jan 11, 2008yes at least if you look in MT4 at the alligator there is a period shift.
Alligator System:Per Bill Williams book
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ChesterB replied Jan 10, 2008well it uses tried-and-true indicators (moving averages, TD seq, MACD) in a logical way , and has specific instructions. I honestly dont know if it works but I'm experimenting with it.
Pips Du Jour
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ChesterB replied Jan 10, 2008Hi Craig. Its a system under development and has no track record.
Pips Du Jour
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ChesterB replied Jan 10, 2008If you can get 20% a month consistently, you are a world class trader. This would mean you could turn $1000 into $9000 in a year. A more achievable goal is 5 to 10% monthly on average.
1k to 30k in a year
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ChesterB replied Jan 10, 2008Arbitrage opportunities, no... Correlation , yes. It may be helpful to look at a heatmap but I think perhaps the most practical way is just to scan through a few charts and see what is getting weaker or stronger. For example, EUR/USD may be heading ...
Triangular Arbitrage
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ChesterB replied Jan 8, 2008here's a nice uptrend with good support lines... Price expected to go higher, all emas in right order, daily and weekly pivot supports with mac-d waving higher...
ChesterB's Trading Log