The key with my approach is to use a news trading EA where the straddle floats with price until the second the news triggers. If the straddle doesn’t float with price prior to the news one or both of the entries can get triggered before the news ...

1 Min News Strategy

Not sure I understand... What won't help?

1 Min News Strategy

I am a news trader who uses straddle trading. I prefer to trade red news events where there is a high likelihood that the price will only go one way - CPI news releases are a good example. This way I am not going to be whip-sawed (it happens). I ...

1 Min News Strategy

Erebus I investigated this further. I found that the Fxssi PivotPoints All-In-One indicator that Zoheb01 linked us to in post #1 does not display the historical weekly pivot points correctly. It applies the historical pivots to the wrong week (i.e. ...

Use Weekly Pivots To Predict Market Direction

Guys I just did a quick scan on the GBPUSD for the past 12 months. There was not a losing month if you simply opened a trade at the start of the week in the direction of the weekly pivot. For a few weeks during the past year price was close to the ...

Use Weekly Pivots To Predict Market Direction

Kleybenny The thread thus far is limited to trying to identify an edge from the use of technical indicators. However, there is of course always fundamental analysis at your disposal, albeit much tougher to model. Regarding the use of MAs, one option ...

Explore Real (Statistical) Market Edges

On the serious side ... I do hedge trade levels, but on daily timeframes. As an aside you will find that there is no such thing as a perfect hedge - your buy and sell trades will get filled at different prices. This will be even more obvious on ...

Just learned about hedging, does anyone use it for scalping?

The only way you will figure out why price will breakout or reverse is by understanding context (fundamentals and sentiment) and by knowing order flow. Since you don't know order flow then its only context. If you are a technical trader only (don't ...

Recent Support and Resistance with pure Price Action

If you are trading S/R, or any kind of level for that matter, you are trading breakout or reversal - that's it!. Whether it is the top or a bottom or a trend continuation is secondary - frankly, why do you care? Further, the direction on a higher ...

Recent Support and Resistance with pure Price Action

Agree totally. We have no idea whether the price will reverse or break-through at S/R levels (or any level for that matter). So there is two ways to deal with that uncertainty. 1. place a hedge trade at the level (then you don't care what direction ...

Recent Support and Resistance with pure Price Action

As usual, above and beyond the call of duty!

Software tools for LauraT's Roadmap

Laura Yes, I understand the Channel entry/failure concepts. My question was more about the daily hi/lo acting as S/R, which is not useful when trading the daily timeframe. Would you suggest using a weekly or monthly hi/lo as an example? Thanks

Roadmap - A Way To Read Markets

Laura Congrats on the thread. When using the daily timeframe, do you substitute the ADR, Daily Open and Daily Hi/Lo with something else? Thanks

Roadmap - A Way To Read Markets

Rilix Does the FS30 indicator repaint?

MACD Bands - Trading system

Shazzie I have the same computer and no issues with MT4 or indicators. Looks like this may simply be an indicator issue. Try this from MLaden - the reason why the indicator isn't displaying is most likely due to the MT4 1090 bug The easy way to get ...

Major resolution issues with new laptop

Michael, for clarity I think you are asking for the difference in the values of the 2 stochastic lines. What isnt clear is how you would like the indicator presented. Is it a number (the difference) on the last closed candle in the stochastics ...

Difference Between Stochastic(s)

Looking at crude oil as well?

D1 Elasticity Pullback Trading

I didn't see the elasticity on the NZD trade? Or did you focus more on the divergence?

D1 Elasticity Pullback Trading

Looks like GBPJPY may be finally moving.

D1 Elasticity Pullback Trading

ghbdr Are you seeing a potential buy setup in gold for tomorrow if a higher low and price is up for today?

D1 Elasticity Pullback Trading