Seriously, a reference that may help you with further information on trading this way is Bird Watching in Lion Country. Lou

Time in the Market, Beats Timing the Market? Does this work in FX??

Hello Dragon 77 I am not aware of a rule of thumb for precisely what you are asking. But many traders use the 3 screen approach. Since you suggested daily why not start there. Then maybe 4 hr and 1 hr. But lets put trading aside for awhile (hard to ...

Help please, just getting started

url shows the positions of commercial traders, large traders and small traders. Mostly for commodities but there are a couple of forex charts. Lou

Oanda "Open Orders Summary" as a prediction tool?

Hastings MuddBudda said something that is extremely important. Not in the post just above but on the previous page. I believe he said he stays with the trend and does not trade retracements. A tangent to that would be to use retracements as buying ...

I'm crashed today.

Just saw the movie "What the Bleep Do We Know" reminded me of the Silva Mind Control Method that I took several years ago. Got into the alpha and delta waves... but had a method of controlling ones own mind... not someone elses to accomplish a ...

Neuro Linguistic Programming Book

Check for those names in the search function on the forum. There has been a good amount of discussion re the one that is 'made easy'. As I recall there is a member who bought the system and has very informative insights. Some of us like me got our ...

Infomercials --- any opinions

A note from Bird Watching Country ....1.2100 has been a pivot on all time frames for several if not many weeks. Due to historical price action going back even further. Lou

My trades by Dave

I was interested in that platform when they first advertised using DiNapoli's studies. Not sure if they still have them... charged extra as I recall. But anyway dont be surprised if you lose your chart set up and can't get it back. Lou

My trades by Dave

Dave, you are kidding, right. I thought GFT trading platform was one of the most counter - intuitive and confusing platforms I had ever tried. Lou

My trades by Dave

I think his second book : Come Into My Trading Room is better. gets more specific on topics brought up in the first book. Lou

Book Wanted: Trading For A Living

Nice call and nice ride. Lou

My trades by Dave

WTB Are you basing your conclusion on the link in the # 1 post above. I think a moderator should look at it. Lou

EURUSD

In my opinion BWILC assumes a rather large account or the ability to trade with fractions of a dollar so the account is large on a relative basis. O a n d a and other brokers allow this. I have not used them but am investigating. The reason for the ...

Trading Without a Stoploss--BHILC

Rick D I see you use metatrader. I noticed that the time scale at the bottom looks like it stops at the current date. But does it go into the future so that work can be done in the future and will the future dates appear in the time scale?? Lou

Aussie Pairs

Nice call Dave !! What led you to pick the 1.2030 level? It is the 27% fib line... but why that particular one? There were other fib lines and the 200 sma on the way down. Lou

My trades by Dave

I got into the wrong side of this move last night. Will need to analyse why. Could have been the dreaded 'need to trade' . I hate when I do that. Down about 55 right now. But not out. Lou

My trades by Dave

My entry order hit at 2130. I closed at 2163 for +33 17:54 EST. close due to price hitting 150% expansion (euro seems to like 50% and 150%) of swing low of Mar 28 and 161 expansion of next swing low on Mar 29. Also price was approaching but leveling ...

My trades by Dave

I have a standing long at 2130. Price has faltered reversed at 2100 which is 62% retracement off of high around March 20 also is BWILC grid line from weeks ago. Stoch is just hitting overbought. Reversal then move back up would be a good buying ...

My trades by Dave

My original target was just hit at 2066. Guess I chickened out. Gotta figure out when to hold 'em. Lou

My trades by Dave