Yep, DOM is also based on the brokers order book also and there might be iceberg orders (Ever heard of that!), again useless.

Trade Using VSA (Volume Spread Analysis)

Ok good stuff, hope its going well.

What lengths have you taken in trading

I agree you can make money on any timeframes even tick, you have to master the TF and feel comfortable trading it. Some traders dont even have timeframes they just trade of the tape. Rich you still trading the Cyrox system?

What lengths have you taken in trading

Where does it say I will be a full time trader after a year? If you read this thread than you would see I plan to wait for minimum 5 years. As for your cousin taking 15 years to get good at trading, some people just arent meant to trade. If you ...

What lengths have you taken in trading

Yeah, indicators cant predict shit. Remove all indicators and use price action.

Trade Using VSA (Volume Spread Analysis)

75% is garbage, anything below 98% forget it. 7 pips! you should be losing no more than 5 pips and winning 12 pips minimum!!!! Hope you get my point, its impossible to put an accurate number there are many more variables such as Risk to Reward of ...

What's a Good Winning Percentage?

Just to let you guys know, there is no way to know volume in forex. I know this voids the whole thread but its better now than another 2000 posts.

Trade Using VSA (Volume Spread Analysis)

FACT: Facts are usually presented with evidence. FACT: You are not a trader.

What lengths have you taken in trading

Reserved for my "this stuff is gold! keep it coming!" post.

:|Entry=Risk Exit=Reward|:

I was actually trying a Jacko trade, I wouldnt use TS for J16 just because its mainly based on S/R, I picked the bottom of small swing but had a 100 TS. I think using ea's you can almost let it exit you. I will have a trailing stop that steps every ...

james16 Chart Thread

Why not trade daily TF? You can trade and work. Until you get enough to quit, i.e. no mortgage and 1 year living money.

What lengths have you taken in trading

Thanks for this, going to look into it later, albchr. Good pips to your trading.

james16 Chart Thread

Good point, the low today becomes the new trend line first point. I think Monday or Tuesday will decide on this one.

Jacko's Forex House of Pleasure and Pain

Im just trying to help you. If you draw trend lines properly then you will catch the moves.

Jacko's Forex House of Pleasure and Pain

True, when you put it that way.

What lengths have you taken in trading

Its all relative, how hard is it to understand that on 5 min timeframe a 20 pip SL going for 30 pips TP on daily = 200 pip SL and 300 pip TP. Why are you using daily SL's with 5 min TP?

james16 Chart Thread

Demark, look it up.

Jacko's Forex House of Pleasure and Pain

Daily trend line is broken badly, however it may just be because of news. I would not take a long here, if it retraces and uses trendline as suport I will go short. Weekly pin bar also makes me want to short this.

Jacko's Forex House of Pleasure and Pain

I got the EA for that, you just set the pips profit you want to goto BE. I dont know if this is possible on MT4, but say I had a sell order for 1 lot and it hit my first TP I could have set a pending limit buy for .5 lot at this price, this would ...

james16 Chart Thread

Thanks KISS, I cant really watch trade though, until I get home from work, it would be daily. If I get it to BE, thats fine, Ill decide what to do end of each day.

james16 Chart Thread