- Search Metals Mine
- davidwu61 replied May 8, 2010
I can see the fractal arrows on the CH Template. May be it is caused by the color or visualization setting of the indicator.
Craig Harris Stochastics Method
- davidwu61 replied May 6, 2010
'theoretically one should base ones entries competely on the system rules and exclude emotions' Ashes, I know it is not what you mean; But newbie may take it as 'one should always follow the system, no matter what', which is a dangerous thought. To ...
4 Hour Strategy (MACD)
- davidwu61 replied Apr 29, 2010
ira, Have you tried using MACD (10,22,1) and Stochastic(8,3,3) to confirm entry timing before ? see below, they seem to give more accurate result. davidwu61 image
4 Hour Strategy (MACD)
- davidwu61 replied Apr 26, 2010
Inside the latest CH template, there is a manual describing what ar IB/OB. In the James16 Chart group, you can find 3 pdf file discussing price action, more detailed info can be found there. DavidWu61
Craig Harris Stochastics Method
- davidwu61 replied Apr 24, 2010
If you use large number, you get more reliable result with more delay. Almost the same for all indicators.
4 Hour Strategy (MACD)
- davidwu61 replied Apr 9, 2010
Shall we stay out of market at this time — I was demo trading and was able to make avergae 50 pips during the last three weeks of March. But starting from April, more trades turn sour. May be it is due to my lack of experience, but most pairs ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 12, 2009
A very good filter — file file This filter shows the time intervals when indicators tend to gives false signal. It is kind of like the color bar used by Palmer but can be even more effective, I have back-tested it. You can also get it from ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 12, 2009
Neil, Thank you for your idea and comments. I am pushing myself to pick a trade(s) each day for practice purpose, so I can be in touch will all critical situations and learn from my mistakes. I appreciate your help. Thank You David
4 Hour Strategy (MACD)
- davidwu61 replied Nov 12, 2009
audcad trade — Open: reason: A. 2 DOJI indicate support near 97000. B. MACD turns up C. Stochastic gives buy signal D. price hold above 89 SMA Target Price: near the top horizontal red line ___________________________________________________ ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 5, 2009
My AUDCAD trade — I did a trade (demo) on AUDCAD last night and have some question about it; your comments will be appreciated. Q1: Shoud I place the 0.0 Fib line on 0.95520 (tail end of the hammer) ? Q2: This is a short trade; and my reason ...
4 Hour Strategy (MACD)
- davidwu61 replied Nov 4, 2009
Nice trade! Personally, I avoid counter trend trade. Do you do this often? What is the successfu rate and average profit (in PIP) for your counter trend trades ? Thanks
4 Hour Strategy (MACD)
- davidwu61 replied Nov 4, 2009
I did the same trade using my demo account. Although the technical side tells us it might go up; The actual contributor to the price movement may be the news about the service PMI url Comes to think of it, it is quite risky to trade while a major ...
4 Hour Strategy (MACD)
- davidwu61 replied Aug 1, 2009
I prefer to think rules of a trading system as a hint which helps increase one's chance of making a winning trade. If a system can help one win more than 70% of times, it is already a pretty good system. A closed bar gives more reliable (not 100%) ...
4 Hour Strategy (MACD)
- davidwu61 replied Jul 31, 2009
I have been back-testing some free and profitable EA's for 10-year period, 1 year at a time. It has always been that after the fund doubled or trippled and the market take the profit back in several major loss after that. Most successful EA I tested ...
4 Hour Strategy (MACD)
- davidwu61 replied Jul 10, 2009
Given the bad financial status in UK. I wonder if the UK can or is able keep their word should bad things happen. May be they will put UK citizen on their priority list. Another thing is that broker like FXCM-UK claims that they never share account ...
FSA also looking to limit leverage
- davidwu61 replied Jul 9, 2009
I share your feeling. I hope the two fingers you are missing are the middle fingers. So you can show NFA how you feel about them.
NFA- are they worth it?
- davidwu61 replied Jul 9, 2009
Hi Everyone, Recently, due to the NFA FIFO rule, MT4 traders in the USA may need to shift their account to broker in other countries. I have a question about TAX: If one (USA citizens or NON-UK citizen) transfers his account to an UK broker, would ...
Alpari.co.uk Discussion
- davidwu61 replied Jul 2, 2009
The price was right about the H&S neck line and bearish chart pattern was formed during a light volume session, The max profit for short is about 60 pips(monthly pivot), stop loss can be easily take out at false break out. For me, it is wise to ...
4 Hour Strategy (MACD)
- davidwu61 replied Jul 2, 2009
GBPAUD breaks out of neck line — GBPAUD just breaks out image
4 Hour Strategy (MACD)
- davidwu61 replied Jun 30, 2009
Why dollar rallied Today — WEDNESDAY, 01 JULY 2009 01:11:11 GMT Printer Friendly | Email Article | RSS | Previous articles Written by Luis Gil, DailyFX Research The U.S. Dollar rallied after a report showed that China's PMI Manufacturing rose ...
4 Hour Strategy (MACD)