So along comes a new trader with £1000 pounds in his account.He thinks to himself to follow the path of trader No1 i will have to spend fifty hours a week following the market for 1% profit?Thats £500 a year,not too appealing. What about trader ...

Who can you trust?

Here's a situation where two traders want to tell us(for whatever reason) about their new trading systems.The first trader says that his system involves watching the market for ten hours a day,five days a week.When he gets a signal to trade he takes ...

Who can you trust?

Anthony. Sorry,you asked me a question and ive thought about it and i dont know the answer.Could you please explain it for me?Thanks.

Who can you trust?

Morning all Very risky buying into resistance @ 4500 but still adding to my long possition from last week.

The System II (Yes with irony)

newyear498 Hope you dont mind me saying but taking one trade a day is going to take a very long time to build a big enough sample size to prove much about random entries or you trade management,exits,etc.Only my opinion by the way.

The Random Entry

Thanks DareXau.That trade was just one of a few this week,that were all breakeven or stopped out.My plan for this trade is to take half off @ breakeven,then look to a breakout of last weeks high @ 4350 then trail it from their.Probably gonna bounce ...

The System II (Yes with irony)

Ive been trying to get long eur/usd since monday morning!Maybe today might be my lucky day?

The System II (Yes with irony)

I absolutely know that i probably know enough!

What do you absolutely know about the Market?

Thanks — Thanks for your comments gez40 and Razor Trader.Merry Christmas to all dibbers and everyone on FF.

The DIBS Method... No Free Lunch continues

Give dibs a chance — Can i just at least try and show you how dibs can interact with your own trading style.First chart is eur/usd daily which shows a nice BEOB reversal that you might take with maybe a 160 pip stop. Second chart is 4hr that i ...

The DIBS Method... No Free Lunch continues

Backtest — Adilius07 has been kind enough to give me some details about the backtest he carried out rescently.He tested 10 currencies taking all signals using 1% risk per trade.He would not give me the exact dates for the test,but said he ...

The DIBS Method... No Free Lunch continues

Adilius07 You said you carried out a backtest on the dibs method.All i am asking you to do is tell me what currency you tested and between what dates.I assume you are talking about 1hr bars.I seriously dont want to catch you out i just like ...

The DIBS Method... No Free Lunch continues

Adilius07 Could you please tell me over what period of time you carried out your test?Also what currency,what timeframe,and exact rules for exit and entry.The only reason i ask this is not to prove you wrong its only that i would like to post the ...

The DIBS Method... No Free Lunch continues

. Not sure what you are asking?You want an email sent to yourself every time there is an inside bar?Then you will open your trading platform and place a trade .From my own point of view you would be better allowing yourself time to look at your ...

The DIBS Method... No Free Lunch continues

Heres my thinking behind this trade.Took half off at breakeven(free trade)Profit taken at trendline.Now i just wait.If say there is still a large order to be filled by the mms where do you think they want the price to go now?

There are no secret patterns and there will never be one

OK i will have a go.Is it possible there has been large buy orders placed with the mms at 1.000.Possible block buy orders in blue shade,possible removed block orders in red.

There are no secret patterns and there will never be one

Question:What is the difference between the japanese governement and market makers buying very large amounts of dollars at a certain price area? Answer:The market makers will not be broadcasting their intentions from the rooftops. So trying to spot ...

There are no secret patterns and there will never be one

For arguements sake we are clients at the same bank.We are both trading the same currency.The trend is down all indicators,chart patterns are telling us to sell.The bank then recieves a very large buy order that would take out all the sellers at our ...

There are no secret patterns and there will never be one

Second thought — Ive had second thoughts about this.The market maker(large bank?)has a large buy order on its books.The market is in a long downward trend.The market maker cant just go to market with this order just incase price starts heading ...

There are no secret patterns and there will never be one