I revised the first post, hopefully its better understood. Today just a while ago, I took the trade on eur/jpy price broke the peak in 60 min chart image entered on pull backs to my MAs on 5 min chart image

Rock System

Dear readers, I do realize that my explanation may not be very clear. I will try to put up some after the fact trades for illustration. Please don't flame me for after the fact pictures, I do not see how I can trade effectively while making live ...

Rock System

Hi billbss, Base on your scenario, you are unlikely to take a trade, given that the MAs do not allow a sensible entry, ie prices are just zig zagging around the MAs. That is if I read you correctly. As to how long I have been looking at this, I can ...

Rock System

The peak/valley is defined by the MA. Its just a gauge. HIP and LOP is a price bar formation described in Wilder's book New Concepts... HIP = High point, where any time bar which has a time bar immediately before it, and immediately after it with a ...

Rock System

[quote=sam69;3204129] Hi, you don't have to wait for the 1hr candle to close, just price breaching the area will do. However you may want to see a candle close beyond the peak/valley on the 5 min chart.

Rock System

Actually, how do you know the median is the median ?

Median Grid Trading

you should direct this question to the broker thread.

Technical Analysis Fallacy

nobody discussing the market anymore ?

Technical Analysis Fallacy

I like to trade the SRDC breakout, basically its the break of yesterday's high or low. Its a very high probability setup, manage the risk at your own discretion.

Good breakout systems?

what really works through test of time ? I would say judgment. Everybody reads the same fundamentals reports and sees the same support and resistance lines. Those that make money are the ones making sound judgments. ( I am talking about facts and ...

what really works through test of time ... ...

c ya

The System II (Yes with irony)

Usually I just aim to cover my beer expenses for the weekend on fridays

The System II (Yes with irony)

Trading's bad for health sometimes...anyway it's already friday so...

The System II (Yes with irony)

not a soccer fan huh lol....ok coz I see you are from Sydney. more shorts added...hit and run hopefully...

The System II (Yes with irony)

You are likely to be experiencing burn out. But with time, you can become a hard core trader. Hey en0x, hope you don't mind me asking here...Adelaide United or Sydney FC ?

The System II (Yes with irony)

yes I am...is my singlish that obvious ? oh its my nick... nah I just try to avoid using english that gives people goosebumps....now I went into the other extreme LOL looking to add to my short position again if PA occurs within my intended ...

The System II (Yes with irony)

Hi auxesis, congrats on your 25th anniversary...hollywood celebs should learn from you.

Technical Analysis Fallacy

I think you got the "fallacy" part of this thread wrong. Actually, its very likely you are one of those experiencing the fallacy. The thread starter is a direct student of the person who invented RSI. In fact this thread is a gem for TA junkies out ...

Technical Analysis Fallacy

Yeah just waiting for tokyo to do it's job. Typically playing this pair at this time is rather tough, timing wise, usually scale in and out of positions to compensate poor timing... You can trade while in office ? I've had terrible experiences ...

The System II (Yes with irony)