When you can see profitable trades without seeing the candles, then you are trading the technique of this thread. It is about measuring current buyers against current sellers and identifying which one is more dominant.

LFX Trading Proverbs

In America, hedging is outlawed, so my approach to multiple time frames is quite different from your idea. For me, the smaller time frame builds the larger time frame. So, when both time frames are using the same strategy, and both concur with the ...

Diversify by trading the same pair but on different timeframes

When we first analyzed this indicator, it was part of a larger package and was very computer resource heavy. We downgraded it so it didn't eat up so much energy. The signal is useless for live trading, but is handy for doing historical research. ...

Indicator Bank

First, understand the 0 line cross is closely associated with the same period moving average cross. Let your imagination flow for ideas on how to capitalize on that. As for an easy filter that requires little to no thought, use a second time frame 0 ...

Zero crossing strategies

video

(binned per thread starter’s request) Trading at home

If you have ever read Think and Grow Rich, then you will understand the power of a mastermind group.

The Battle Between the Individual and the Group

When you cannot trade, but like trading, write a book and sell it, LOL.

Is candlestick patterns a losers game? Discuss

I studied it years ago and determined it was a lot of hocus-pocus. Two major disadvantages to it are 1) it is often historical in nature, so you miss the trading signal, and 2) the shape of a candle changes from time frame to time frame, so which ...

Is candlestick patterns a losers game? Discuss

Patterns are created by measuring buyers against sellers. There is nothing magical about it. It is not an illusion in our mind, lol. It is no different than measuring the height of everyone in your city, getting the average, and determining who is ...

Forex is random

If you open it, it is not difficult. You just type in your own message in place of the one there. Then change x and y values to place it on the chart where you want it. If you want to add lines, just copy and paste existing codes and modify as ...

trading Mental block

video

How Hard Was Your Forex Beginning? Share to Encourage others

Once you have your standard rules written on paper, then you can be a bit more creative if you want to. For instance, you can change an indicator's name to the rule you use when trading it. Or, you can use this attached file and write them to appear ...

trading Mental block

Again, what a comic! Do you know what a cycle is? Up and down. Do you know how price moves? Up and down. The next price follows the previous price. The next cycle follows the previous cycle. Are you drunk right now? Never mind. I get it. You have no ...

Which Indicator Best Represents Price Action

As for what you put in bold, are you kidding me? LOL LOL LOL LOL. What market are you trading? I would stop trading it immediately. Are you buying at 1.4093 and the next price is 4.2393? Then 0.3455? WOW! You need a better broker.

Which Indicator Best Represents Price Action

Yeah, whatever. Theorists vs traders. I don't mind if they don't know how to trade. Could care less about it, LOL. Let me just make it simple. Mathboyz want to dazzle you with their linear equations, but the market is non-linear. Until they figure ...

Which Indicator Best Represents Price Action

Those are games of chance and the board is absolutely meaningless as each new spin/deal is a unique event. Each price cycle in trading is a unique event too, which is why trading the last trade all over again using support/resistance is meaningless; ...

Which Indicator Best Represents Price Action

As far as I know, price action is just another name for candlestick trading, only some have added those fake support/resistance lines to it and think by combining it all that it will mean something. Sample size of a candlestick shape ="1". Sample ...

Which Indicator Best Represents Price Action

For sure it is your business strategy, so you need to do what makes sense to you.

OANDA Discussion

Again, that is why one would complain about the Oanda spread. It is not 6.8 DKK:1 EUR at other brokers, so you actually make more money trading DKK with them. That's the point. As for 1:1 on risk, you are correct. It has been a long time since I ...

OANDA Discussion

That would be why he was complaining about the spread. As for profiting, if the EURUSD moves 10 pips and USDDKK correlates with it, then it will move about 65 pips. I see the current difference is about 6.5 pips DKK per 1 pip EUR. So the compounding ...

OANDA Discussion