U r referring to exchange rate equilibrium theories, fisher theory, purchasing power parity etc. This is part of how market makers like your bucket shops & instis make $. There are smart bros here who figured that: kurka's arbitrage dashboard for ...

Price is everything

Mate, U r on to something. If u poured through all of redsword11's posts, u would noticed he routinely observes movements of correlated pairs. What u r looking at on NZDUSD or NZDCAD is this observation. If we can device ways of identifying where ...

Price is everything

Mate, you answered your own question. You are looking to short NZDCAD. ie NZD is weaker < than CAD a) NZDUSD has a supply zone (maybe an insti selling) b) USDCAD was up. ie USD is stronger > than CAD Since USD is stronger > than CAD, USD is not the ...

Price is everything

One such footprint: Trade the stop loss of others (or where you would have placed yours)

Secret footprint in the markets

Hi, try your lot sizing on excel or work it out on paper. That way you can easily invert SGD/JPY to JPY/SGD. Just follow the steps in post #1

How to calculate forex position sizing / lot sizing

Hi all, pvrsa is a viable method to trade. As long as u can achieve a positive expected value, u can make a profit. if u have a method that gives a 50% success rate, u can still make money with proper money management. Eg 1:2 risk reward. Risk $X ...

Sonic R. System

Thank you for your pointers! Ruskie, thanks for highlighting the fluctuations in the local currency (base account currency) vs the traded currency, resulting in us not being able to keep to an exact 2% risk. I still recommend calculating the 2% risk ...

How to calculate forex position sizing / lot sizing

Trading news via having open positions beforehand is not recommended, as brokers like to use news to stop hunt. However, if you trade with a pre-determined strategy to open a position after the news like our fren, kbp, above, it is a valid style. Or ...

Anybody here successfully trading news?

Hi Capito, thank you for sharing & the update. The pairs are not updating on mt4 419 or 417 builds. The lawgirl indicator works fine on indiv pairs, but not in an aggregated screen. Please refer to the screen shot attached.

CICR system (Currency index cross referencing)

rebundle needed? — Hi Capito, thanks for offering to rebundle.. The chart directional arrows for each individual chart is working fine. Just that when they are all meshed up into the "Index DB Scalp" overview, some don't get updated live ...

CICR system (Currency index cross referencing)

My thanks for trying though.. =) Anyone successfully using these DB Indexes?

CICR system (Currency index cross referencing)

Hi AltosTrader, thanks for your help.. I am now using the previous 416 build for mt4 I am now using the "Index DB.tpl" and "Index DB scalp.tpl" from leekaq's post #382. These files work better.. most pairs are updating live.. however, - some pairs ...

CICR system (Currency index cross referencing)

Help on getting DB Template &quot;live&quot; — Hi all, I have d/l-ed leekaq's DB_Template but it is frozen on past data & doesn't reflect live prices at all. How can I make this update "live"? Thank you

CICR system (Currency index cross referencing)

Hi guys, I'd appreciate some trade management advice from you successful seniors. When trading dd/ss zones, I make sure that the trade has a 1-3 risk-reward ratio from my entry till the next dd or ss zone. 1) Is a 1-1 risk-reward for 2/3 of my ...

Price is Everything Chat Room

Hi all, could you provide some advice to a novice on how to identify if a dd or ss zone can hold even thou it's been overrun the zone's high point. Especially on smaller tfs, prices sometimes overrun these zones before coming back, confusing me ...

Price is Everything Chat Room

The only reason I track exact timings of important economic releases (such as 1st non-farm payroll, empire state manufacturing, i/r change announcements of carry trade pairs such as AUD/ NZD) is to avoid trading near these timings. Be it a trade ...

Buy & Sell Stop & limit

When I first stated scalping, I would lift my left finger off the mouse for fear I would miss click it & trigger an order (my platform was a 1-click only execution). Then I progressed from being a wuss & placed my finger on the clicker. But then I ...

how do you improve patience

Nicely identified and taken! Also at a supply zone for the 4th time on the daily chart.

Sonic R. System