I'd say it changes : a couple of years back the best time to be at your desk was for the Frankfurt Open at 0800 CET(0700 UK), which I found very frustrating as I don't get back from the school run till just before 0900 local/CET, when moves were ...

Flag trading the trend

MTF CCI — I really like the spirit of your approach & also your willingness to share your observations, Clive, but being a bit of a chart minimalist (!), I prefer to trade off the one chart with as little on it as poss, & I don't like the feel ...

Flag trading the trend

..and a scratched trade. Market going nowhere at the mo, so taking a break (so 100+ pip move coming in 1 min...). This method also works on FDAX. PS. My chart times are CET.

Flag trading the trend

Interesting observation, thanks, Clive. Here's a bad trade for a change : I entered on the SUB, rather than waiting with Patience & Discipline for the correct trigger . Next !

Flag trading the trend

Thanks, diamonddbw (I do wonder how Div does it, as he is managing OPM). I like the dog quote .

Flag trading the trend

Pos Sizing — Q for Divergence, please : if I understand correctly, the most recent update to this excellent method uses the SUB size + spread as the target, with a minimum of 9 pips & maximum of 20 pips (as per the pdf file someone kindly put ...

Flag trading the trend

NP, Darryl : I usually trade in 2 (occasionally 3) lots, so I entered short $100k on the bar marked with the vertical red line, exit 1 $50k @ +12, exit 2 @ +16. Of course, I'm aiming to hold the second lot for much larger returns where possible. I'm ...

Flag trading the trend

Another GU trade — Took GU as weaker than EU this morning (based on % move down from Open) - only looking at these two pairs. No news around this time (chart times are CET), but very choppy price movement, missed first entry fill, then filled ...

Flag trading the trend

FTTT with a twist — With apologies to Mr Soprano (only kidding, div...), to whom I am as always extremely grateful, here is a trade using this entry method that I put on this morning. The blue-ish ma is the 10 sma to which I added 2.4 pip ...

Flag trading the trend

How about : China unpegs RNB > RNB rises > China purchasing power increases > global resources (commodities) go up to satisfy Chinese demand > debtor nations like US and most of Europe go further into debt and start to experience inflation as global ...

Perfect Head&Shoulder in Dow >> Massive Crash Again

Thank-you, Lou .

ALF revisited - simple, effective daytrading

Tradestation code — Lou - would you please post the TradeStation code for ALF (apologies if you have done so already, but I don't see it on either thread) ? Thanks & have a great weekend.

ALF revisited - simple, effective daytrading

Hi, V, quite long time, no communicate (I've been staying away from forums in general) : I see your method continues to evolve whilst staying fundamentally the same. A good sign imho. Are you using line charts much ? I have an M1 line chart up in ...

Higher low, lower high system

Andy, Kareem - too long time, no communicate... just thought I'd post my current - and probably FINAL - RSI setup. I've veered towards Andy's RSI 14, BUT it is in fact a "Fozzy" RSI 8 smoothed 3 periods : it crosses exactly where RSI 14 crosses the ...

The RSI Trade

Hi, Vantage, Just back online after a frustrating week of internet outage and v interested to see your enthusiasm for a currency meter.... but first, I am appalled that you are excluded from posting elsewhere (H4X has suffered the same fate... this ...

Currency meter trading - strongest v weakest

I know this post is from last year , but I think it perfectly describes the simplicity and benefit of using trendlines with RSI (very clear chart posted) : great stuff, Andy. and Happy New Year to everyone on this great thread .

The RSI Trade

Tradestation Renko backtest results are NOT what they seem — As a long time Tradestation user, I'd like to point out that backtest results from Renko charts are usually totally misleading - there are workarounds, but it was clear that ...

NITRO Variations for Open-minded Traders

Well, trading IS simple... it's just not so easy... ... but I think you've come up with a potentially very good "StepRSI Scalp" method (not waiting for Gleneagles 2010 TRIX scalp method...tsk, tsk ? hehe, only kidding). No charts from me ...

The RSI Trade

Crossing to the Dark Side... — 'Morning, Good to hear from you, Andy, and a nice clean chart. I think a lot about the idea of just going for +20 : there's no doubt that on the less trending days it's an excellent way to go. However, I'm trying ...

The RSI Trade

a bad & costly exit — Having just missed two great London Open shorts this morning, I slightly forced this GU trade... but the entry is not the major problem : I exited at the high of the retracement against me (I had NOT yet drawn the ...

The RSI Trade