Hi Eagle, Good to know this has intrigued you. If the signal crosses 0 then the histogram also has to follow. so I am not saying that it has to be the first bar that crosses 0. It could be the second or third or even 4th. But as the bars progress I ...

Need help to code EA for Momentum strategy

Thanks Hugh, The strategy tester works but again it has to be done visually. Although it speeds up the process I still cant get an overall picture of the results because the human element is in it while picking trades. Even though the strategy ...

Need help to code EA for Momentum strategy

Hi Tomspin, Im a relative newbie as well and the problem I find with small positions on bigger TF's is the SWAP. If positions are open for long, lets say weekly or even daily TF's sometimes the swap eats up a big chunk of profits.Not on all pairs ...

EURUSD

I was actually advised by my broker today to scale back on weekend positions due to high volatility hence likelihood of huge gaps. How sweet...lol "Dear Trader, Given the current volatile economic climate, Hantec Markets strongly recommend clients ...

Price is Everything Chat Room

Thanks Whiteout, Yes I have been going through the RTP and Fail better thread now for a few months. I am generally a J16 trader but like to mix as much as I can as far as chart reading is concerned. Only J16 is insufficient I feel. I pay great ...

Price is Everything Chat Room

Hello All, My first post here. Been following this thread for a while read a decent amount of it from the beginning. Very powerful the stuff on this thread. Wanted to confirm something. Came across the SPF pattern. Although took this trade on ...

Price is Everything Chat Room

Interesting... Watching keenly Best, -H

james16 Chart Thread

Noooooooo.... My UC short short of the ascending TL retest and QM pattern hit target 100 pip above the gap cause I was a min too late to remove my TP on friday . Cant complain as long as there green pips rolling though..... ...

james16 Chart Thread

I would note another thing here. Thursdays PB came off the ascending weekly long term TL and parity which is a clear indication of its strength of rejection of that area. However oscillators show some hidden divergence , which might point to a trend ...

james16 Chart Thread

Hi Guys, Just wanted to update here. This big up move from last week worked out perfectly well. Price retraced exactly to the same level picked up all the pending orders and formed a massive pin bar. Glad I have a pending order here from last week. ...

Supply and Demand trading with Fibs

Hi Bee, Thanks for that. I didn't know about this pattern and since you've mentioned it I have been looking all around and found many off them. I'm trying to understand them though and would appreciate it if you can comment on the below charts. ...

james16 Chart Thread

This went perfectly. Target was hit earlier today. The market TP supply area on chart is also between FIB 61.8 and 78.6. r:r - 1:4. Will look for more possible longs on the retrace. Best, -H

james16 Chart Thread

Hi Bee, Good to know someone else is thinking on the same lines as I. I feel the same way reversal is likely but the way markets have been going in the last few weeks its really unnerving for me to stick to any long term positions. I'm just looking ...

james16 Chart Thread

AU — Hi All, Here is one I have taken today. On M1 Price failed to close below Monthly LCS/previous HCR. The close also tested and closed above weekly LCS levels. D1 close on Friday shows a test and rejection of both M1 levels and a PB. This ...

james16 Chart Thread

IMO in any given instrument, there is always a trend at all times. It just needs to be spotted and comprehended. Best, -H

james16 Chart Thread

looooooooooooooooooooooooooooooolll... You serious bro. hahahah.... No offence but you just cracked me up with that. lol lol.

james16 Chart Thread

Exactly right. Look at it this way. Since GU went to 2 and gold to $2K, you get 1000GBP where you paid 1066GBP for it before. But at GU 1.5 you could get 1600$ for 1066gbp and now you get 1600$ for 800gbp. Since your currency value has increased you ...

Cable Update (GBPUSD)