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- 57 Results (52 Replies, 5 Comments)
- English replied May 6, 2015
Based on the formation which I trade on the 1m and 5m... EU will touch the r1 pivot before the Daily pivot... That statement wwill remain true until EU closes under 1.13217 on the 5m chart. I can't speak about fxtyrant, but what I can say about most ...
EURUSD
- English replied May 6, 2015
Leverage is rather high, but my entries are based on 1m formations, so on avg the sl is less then 10 pips. Risk 10 pips to earn at least 10 pips is which I aim for. I've noticed that many people swing trade, but I on the other hand enter trades ...
EURUSD
- English replied May 6, 2015
I'd say, and I will also show that doji's are strong signs of reversals only when you use it with engulfing patterns. You'd also have to have the ability of letting go of the losing position once your entry candle is engulfed. Simply look at a 15m ...
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied May 6, 2015
Good morning to all. Please have a look at the following chart, and make a prediction on the next 30 pips based on the formation which you see. image Please be advised that this formation appears primarily in a bear market, and forms the formation ...
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied May 5, 2015
Thank you so much for sharing. The only formation which I use from those 10 are engulfs. Why engulf, because engulfing patterns are the only thing which can confirm a reversal or an extension. Everything else is at best hit or miss, especially doji. ...
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied May 5, 2015
The contention is that it will create a lot of "false signals", but won't that be based on what you believe a breakout would be? I think if we look at the chart backwards it will be rather clear to see how the breakout develops on the 1m tf. I'll be ...
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied May 5, 2015
Good morning to all, I'd simply like to ask a question to spark some interest in hopes of us all being able to contribute in order to find something which we can trade and profit from. My question is as follows. When we look at the candles between ...
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied May 1, 2015
Being to "comfortable" with fundamental is where the High Drawdown comes into play even when you are risking a small amount of your account. Those who see the formation of sharp reversal, do so because it is the same formation seen on the lower tf.
EURUSD
- English replied May 1, 2015
The best broker I have been able to trade with would be icmarkets.com The conditions which they set for scalpers in their ecn accounts is amazing. I would consider trading with that broker and I believe 100 usd is the minimum deposit.
Best FX broker for scalping - pro traders opinion only pls
- English commented Apr 29, 2015
Even if EU does drop back to 1.07 (Which would be an amazing price action) the reality today is a big red day for traders. No one ever wants to be down 150 pips. Ever. If you knew it would go against you prior, why not place the order that way. ...
What To Expect From FOMC? - Views From 20 Major Banks
- English commented Apr 29, 2015
Guys why short? Simply looking at the big range of say 500 pips, and the amount of surges which opened at Asia, and at NY close touches 3 pivots (daily) within the same day.. Look at Thursday's range and how those high ranges causes daily pivots to ...
What To Expect From FOMC? - Views From 20 Major Banks
- English commented Apr 29, 2015
One last thing.... eu made a charge for the monthly R1.. Which is where we sit now. I assume everyone is shorting at this point, i bet no one is expecting another pop upward..
What To Expect From FOMC? - Views From 20 Major Banks
- English commented Apr 29, 2015
Amazing price action on EU prior to FOMC.
What To Expect From FOMC? - Views From 20 Major Banks
- English replied Apr 28, 2015
Thank you very much for your reply. I for one love to see new systems, only because it allows one to learn. Keep up the good work my friend.
Need4Speed Scalping
- English replied Apr 28, 2015
Would anyone contend that Pivot prices are much stronger then psych level?
Psych Levels, Pivots, and Trendlines - Resurrected
- English replied Apr 28, 2015
Good day. I am new here. I would simply like to know abokwaik why hasnt your system worked out during trading demo
Need4Speed Scalping