Questions on the ema — On my charts it gives me the option on the ema 5-233 to set them up on the open, close, low, high? So what do you recommend both on the open? 5 on the open? 233 on close? Then when they cross do you wait, 2, 3 or 4 pips ...

Scalpers Go Here

Money Master — I agree with you, pips is the name of the game baby!!! IN looking at the past Retail sales on aud/nzd it looks like it consistantly moves 50+ pips in one direction or the other. You seeing the same...

NZD retail sales

Great Information — I also have been live trading the news. What you and BK have added is invaluable. Much thanks!!! For newer traders to the news, you do not need to swing for the fences and grab all the pips. There is NO need to be greedy!! ...

Let's Trade The News V 0.4 !

altos trader — No offense taken, I also use metatrader as well with my other live account at interbank but I was looking on specific details as to when where and how to confirm the trades using fib. Looking for some specifics in regards to the ...

james16 Chart Thread

question using Fib. as confirmation — James, dial or anyone, I have been trading the bars for the last 6 months in my live account and doing well. I have read this thread a number of times and like many others, it has really improved my ...

james16 Chart Thread

Tomorrow — Keep in Mind your have 5 usd news pieces between 8:15am est. and 10:30am including the ISM then at 1pm Bernanke speaking. So all this will have a huge influence on the usd, which direction who knows but put on your seat belts...

Low Risk, High Reward Trading Experiment

your not alone — I took a hit on that as well, now I am waiting to see what the EW is going to tell us...

Elliot Wave Trading

I totally agree!!! — I am also one of your supporters. I realize in the end price is the ultimate indicator, but everything I know and everything I have been taught up to now tells me from the current price and the recent candle formations ...

Elliot Wave Trading

No — I am long the gbp/usd, overall it might be in a downtrend but the trend after the NFP indicates that an uptrend will go to 8750-8800. The NFP news for the dollar was not good but yet the dollar gained ground on the gbp. Plus I use the ...

Shorting the cable (Is London Bridge Falling Down?)

no — But occ. during heavy trading the charts lock up on the 5min,-4hour charts. I actually use net dania to trade my live account. But no other issues that I am aware of...

NetDania's Charts?????????????????????

update — well that was a long slow ride but that trade played out for 10pips, sold at 38 hit 25 on my limit and took me out. so that 1hr. cross played out. I will keep you informed as trade develops...Jim!

The Daily Fozzy Method

Here is what I am thinking — I typically trade TA using the 1hr, 30min, 10in or the 5 min candles and news, i stay pretty true to taking 5-10 pips with usually no s/l because i am monitoring it but if I feel it is volitale I will set my S/L at ...

The Daily Fozzy Method

Ok — So where do you recommend the settings to be on the atr and I am assuming you set it in the rsi?...

The Daily Fozzy Method

? — what is the ATR? I like day trading so why cannot this be used on the 1hr & 4 hr, backtesting seems to work provided the cross is confirmed by the next candle. I am sure the pips will be less but certainly obtainable. Any thoughts? I will ...

The Daily Fozzy Method

results — BK, I followed your charts to a Tee, if number is lower or close to estimate Buy the euro I demod the trade the news live feed, and it gave me the number which was lower, i immediately bought and grabbed 10 pips. As I mentioned to ...

ISM- Red Alert

Recap — Thank you. So to recap... Settings On Daily 8 period RSI 8 MA Bollinger Bands(middle band is ma20) Long-8RSI crosses the 8MA below the midlle BB Short-8RSI crosses the 8MA above the middle BB Trade the opening of the next bar on the ...

The Daily Fozzy Method

??? — I use FXCM charts and when setting up my Bolinger bands it gives me two options Average (which I enter 20) & Standard deviation 2.0 or whatever I want to add. I have tried numerous configurations but I can only get 2 bands to display the ...

The Daily Fozzy Method

?? — I have become a huge fan and am learning as you explain but where is your eur/usd numbers...

Elliot Wave Trading

are you still short on the gbp — I was reading your earlier posts and was curious to see if you were still short on the gbp and if so to what exit level from where is currently is at. by the way great stuff i enjoy and am learning from your ...

Elliot Wave Trading