It's a Party! — Thanks for the welcome! I love parties. And it should be a great one this week. I am excited for the NFP as well, and what it might do to the majors over the next 30 days.

The ISM Report for January 3, 2007

Friend in Loss — Takisd, make sure your friend knows that he should contact me right away and stay in touch. Two months is a very short amount of time to turn around trading performance. It is really, really important that your friend (and any ...

Trading the Non Farm Payroll Report Like a Savage Pip Fiend, by Rob Booker

Yahoo Widget — This is a really cool tool from Yahoo and Oanda that displays the current fx markets that are open/about to open. url and an image of what it looks like on your computer desktop: image

World News and a World Clock to keep time

Definition of "Most Profitable" — What I am asking for when I ask for "most profitable" is for people to take into account the following, in pip terms: 1. What is the average gain? 2. What is the average loss? 3. What's the win%? 4. ...

Trading the Non Farm Payroll Report Like a Savage Pip Fiend, by Rob Booker

2006 or 2007 — This is the first time I've run a contest like this, so I was bound to make mistakes. 1. The first mistake was the deadline date. It's really 2007. Sorry about that. I'll extend the deadline if anyone needs more time. 2. I do ...

Trading the Non Farm Payroll Report Like a Savage Pip Fiend, by Rob Booker

John Person — In March, John Person's new book comes out ("Forex Conquered"). I was able to read an advance copy, and it's really, really good. If you're looking for a next read, and you've already have liked what you read from John Person, I ...

@People who make money: John Person + Tom DeMark

Testing Trendlines — Here are some additional ideas for using trendlines and support and resistance, some of which may be covered in the Mouteki thread, which I am going to read next, and some of which might be new/helpful to you. 1. First, ...

trend lines

Example of 5/13/62 — Here is an example to follow up on what I was talking about earlier. On the 1 Hour chart (attached in this thread, called 51362_One), I show that the candles are above the 62 EMA (so is the 13 EMA). The first candle to ...

5/13/62 Ema

The drawbacks of the method — I am more than happy to talk more about the drawbacks of the method. Here are some thoughts to start off the discussion, and I'm happy to contribute more often to the thread. 1. Never ever trade a system without ...

5/13/62 Ema

EMA Crossover a Fiasco? — Rchampand, I'd love to explain to you how the EMA crossover system can work, and when it does not work. It is a system for trending markets, and I'd be happy to help you understand the system more completely. I am ...

5/13/62 Ema

Tiki, I'd love to talk with you in person and discuss how I can help you more effectively. I have nothing bad to say about Peter Bain, of course, but I would definitely like the chance to talk with you and make sure that I am giving you all that I ...

Advise

Confirmation — I did say that. I have said that. And I do believe that too many indicators, too much confirmation, gets in the way of good analysis.

Mouteki/Vegas 4 Hour/Price Action

I haven't made people cry yet, but I have been known to be very blunt with the traders that I work with. I think it is appropriate to tell traders the truth about what we've learned, about the dangers they face ahead, and at the same time it's good ...

Adding to Mouteki without Understanding why

Did I invent the 5/13/62 method? — There were people using moving average crossovers for trading before I was born. There were also people using support and resistance (Read Tech Analysis of Stock Trends, it's simply fantastic), oscillators, ...

5/13/62

I am so much worse than a train wreck when I speak. More like a train wreck and an earthquake together. But I most certainly do enjoy speaking with other traders.

How many years to become profitable?

What was Rob's point — Great question, old friend! I am happy that you asked! First, the point is that traders should never risk trading with real money until they have a tested and proven system in place. Trading with money that you can ...

How many years to become profitable?

Money Mgt Trend Trading — This is a great question. I could have been much clearer on this subject. What I am saying is that when trend trading, you can expect to use wider stops, in general, than you would use for short term trading. To ride ...

5 Tricks of Trend Trading, by Rob Booker

McGrew Lite — If I can chime in hear without getting a beating of my own, I would like to state for the record that it's my humble opinion that there is only one way to get the full benefit of using Phil's system. And that way is to get your ...

McGrew MACD & Other discussions

About Phil and the Dots — While it used to be the case that you could access help from Phil and the code for the indicator at no charge, the only way to get it now (and get it right) is through Phil. I think Phil did a lot of great work for ...

McGrew MACD & Other discussions