Here is an example of the setups I am trying to avoid and how I am attempting to accomplish that. This is just an example from today's daily color change list. AUDCAD right ow says to set a pending buy. I will pass on setting it. Why? The main INDI ...

Daily green/red candle

FWIW, this is exactly what I am trying to avoid by using volume and relative momentum from a strength meter. Throughout the year, most pairs will exhibit a tight period of consolidation and choppy ranges. when that is occurring, for instance in ...

Daily green/red candle

I wish you good fortune in your trading as well. I do not program either. It is one of the few regrets I have in my education; having never taken the time to learn. I pay someone else to code for me.

Daily green/red candle

I have not thought to change any of those things you like about the system...I like them too. I am just carefully choosing when and where to apply it, and then using a little more risk per trade. I love that I can spend 5 minutes to set up my trades ...

Daily green/red candle

Thanks....I am not using lagging filters. The only lagging aspect would be the previous key S/R from the Daily and weekly charts. Again, I will follow along while I do my things and report results. The only reason certain pairs are better than ...

Daily green/red candle

the idea behind using a stregth meter and volume, is that I want momentum on my side. I will not be trading consolidation.....IMO why bother with so many pairs to select from? I will trade 5% per trade and see how it goes. I will look at the weekly ...

Daily green/red candle

I like ideas like this one....simple to implement and add to the arsenal. I have a set of filters in mind ..... Key daily S/R, and weekly S/R, a daily strength meter, and volume. I know it sounds like a lot, but I don't see fighting S/R as a good ...

Daily green/red candle

hahahahaha...wrong country, but I fully remember the era. As I mentioned before, I stopped this strategy on MT4...I just don't like using the offline chart EAs. Maybe the problem was my computer, broker, or whatever, but I will return once I set ...

More simple is impossible

the RENKO EAs that create offline charts are notorious for freezing during high vol moments including news. It is one of the main reasons I have shelved this system until I decide on a non MT4 platform and broker. It is a great system, but the ...

More simple is impossible

any idea why Pepperstone does accept Neteller but does NOT accept PayPal deposits? PayPal is useless to me here in Panama. The only way I can withdraw the money is to a U.S. bank account which I have never had, as there is no option to withdraw to a ...

Pepperstone Forex

Anyone????

MT4 Order Plugin: Trade by lines with risk based lot sizing

Is there a way to set a magic number so I can use another program to manage different strategies entered via the script?

MT4 Order Plugin: Trade by lines with risk based lot sizing

Those "Big Money" positions are to be taken with a grain of salt IMO. I have tracked major bank calls etc over n extended period of time. They vary as much as speculative positions. As one calls long, another is calling short. I found they tainted ...

More simple is impossible

I hope your trade works out for you. However, given the dramatic positioning of USD longs, with a fed meeting on Wednesday, I would be surprised if a counter trend bounce does not happen due to profit taking. I like your target, but not so much the ...

More simple is impossible

still at the playa until the end of the week. It has been great hosting family, but I look forward to getting back to my routine.

More simple is impossible

have to see what the day brings, but very well may be congestion until fed minutes released in afternoon US session.

More simple is impossible

UJ just reached ADR high...just below 120 roundup with divergence on both 10 pip and 3 pip charts. Will look for a 10 pip chart reversal. Will look to trade a cross (EJ or AJ) as dollar is relatively strong at this time.

More simple is impossible

I agree. In he mean time I have been shorting AU and long UJ

More simple is impossible

very tight range so far in EU.

More simple is impossible

I suggest you you go research Renko charts. They are based solely on price movement. Time is not a factor.

More simple is impossible