This means a lot to me and is the basis for my trading now. I think 99% of 'traders' can't see this very important point. The market is a market, not a chart.

Looking for Real Trading Method

Hi KO, great thread It seems that your method has evolved from that described in the PDF's. Are you able to summarize a little more your method you use today? I see that sometimes you draw a horizontal line across from the trendline where the ...

Magnetic Line Trading with KiwiOz

Its set like that to keep you out of trouble, more often than not price won't exceed the ADR. It's all about taking the high probability setups

As simple as possible: 00 level trading

Spread widening on news??

As simple as possible: 00 level trading

If ADR has been reached however price now retraces back to say the middle of its range, would it then be ok to consider a trade, or do we call it a day once ADR has been reached?

As simple as possible: 00 level trading

Ok, so once we reach +3.5 the TS kicks in to protect us at breakeven rather than risk -10. If we get to +3.5 our max loss is 0, and max gain is 5 - is that correct?

As simple as possible: 00 level trading

TS = trailing stop. My understanding of a trailing stop is to maximise gains however that doesn't seem to apply here as the take profit at +5 will always kick in.

As simple as possible: 00 level trading

Hi Udine, can you explain to me how the TS works. If we have a TP at +5, the TS kicks in at +3.5, surely once price reaches +5 then the TP triggers. Is the TS used to reduce losses from -10 to b/e, rather than use it to trail behind large moves?

As simple as possible: 00 level trading

How you can you have a TP at +5 and a TS which activates at +3.5. Surely as soon as price goes +5 the TP is triggered and the trade is closed making the TS useless?

As simple as possible: 00 level trading

You're right I meant .70. Good information, that makes complete sense, thanks for the observation.

As simple as possible: 00 level trading

So can we put this down to one of those unlucky trades, or do we need to look a bit more at filtering the best times to trade? Market opens are prime new money, should we look at entering ONLY at market open times. Are there certain times that you ...

As simple as possible: 00 level trading

Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67. Any comments?

As simple as possible: 00 level trading

Apologies if this has been answered - I have read a lot of the thread but it has exploded lately and I just can't keep up One things that I'm struggling with is how you are all making money with the spreads we see in the retail market. Targeting ...

As simple as possible: 00 level trading

Really? So this elegant writing comes from the same 'dude' we see on YouTube talking about his thrift shop purchases??

No Free Lunch but all the Free Coffee you can drink

Hi I have read the thread but can't see anywhere how the yellow rectangle indicator is produced. How are the levels determined? What inputs does the indicator use?

New way of working in trading

Hey Tony, great thread, this and your central bank one. Is the l shape still valid in todays market? Are you still using it? Cheers

5 Seconds " L "

You have mentioned that a way of filtering SD areas is that a true zone will create a higher high (demand) or lower low (supply). I understand how this applies in a trend move with 'speed humps'. However does this concept also apply for a ...

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, great thread! I'm up to page 20, can I ask one question. How do you determine exits (TP) ? Is it simply the next valid opposing SD level or do you consider other factors?

Supply and demand in a nutshell by Alfonso Moreno

All ok here to

OANDA Discussion

At what point does a level become a 'non-level', ie no longer relevant? For example, previous day low is broken, then retested (I call that the 1st test with the best probability). Great place to enter. Price then falls away a bit, then sharply ...

Ramblings of a Forex Junkie