Almost a textbook set-up on USD/CAD today. Good for 20 pips.

Another simple system - Time-Frame 15

OANDA are great. They have no dealing desk but they widen the spread for a minute or so when big news comes out. No disconnections and not much slippage. Very easy to use. Only problem is they use midnight EST to start their daily candles which is ...

Another simple system - Time-Frame 15

I see a few problems. First, the market has fallen 100 pips today and the ADR is about 100 pips. Second, if you look over to the left of your chart you'll see a support level and the market is approaching that level. Third, the TDI is below 32. The ...

Another simple system - Time-Frame 15

I've been trading forex for years but I've never tried to master the 1 minute chart because of the chop. I'd love to see how you do it though.

Another simple system - Time-Frame 15

Guys, I notice that the current discussions have absolutely nothing at all to do with the original post. What happened?

X-Man's Super Simple System

But there were at least two other higher lows after that and they were taken out by the sharp move down.

Flag trading the trend

Thanks Divergence. Would you say that in the chart I posted the second red arrow was a lower low and so the start of a down trend? It seems to me subjective because there are only a few bars in it.

Flag trading the trend

If in the chart above you identify the swing low as 1.4466 then it's still an up trend but if you identify the swing low at 1.45 then it's a down trend.

Flag trading the trend

Identifying the 15M trend just using the guidelines in this thread is impossible. What qualifies as a swing high or swing low? It's always open to interpretation.

Flag trading the trend

I see it as a very clear up trend. The swing high (which was also the high of the day) had already been taken out.

Flag trading the trend

So it has to be the candle immediately after the SUB that gives the signal?

Flag trading the trend

That loser was quickly followed by 2 winners but I'm still interested whether the loser was a valid set up.

Flag trading the trend

Any comments on this one? The 15 minute was in an up trend and there was a signal on the 1 minute but quickly hit -15.

Flag trading the trend

Cool. Return a brother's favour and give me a link to the Effilang 5 EMA HiLo thread, or at least the thread title.

KAS Ultimate Combination of Indicators' Analysis

Does anyone have a link to the Effilang 5 EMA HiLo thread?

KAS Ultimate Combination of Indicators' Analysis

Maybe it's a problem at your end. Try deleting all cookies and temporary internet files.

KAS Ultimate Combination of Indicators' Analysis

New DP is 211.60. There has been a strong tendency for price to touch the DP in the Asian or early European session recently.

GBP/JPY for QQE Traders!

It's options expiration week which partly explains the rally in US stock indices. The last Monday after options expiration week saw the Dow fall 300 points so don't hold your breath for 217.

GBP/JPY for QQE Traders!

Thanks pipstalker, that looks like it could do the job. The default setting of 20 gave too many false alerts but changing it to 40 or even 80 seems to keep you in the main trend on the 5M chart and identify reversals. I'm sure it could be optimised ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

I think this system needs a Stop and Reverse system to keep us out of premature counter-trend trades. The original system posted by Imran had a SAR indicator but it was removed. Look at how well the Auslanco 15M system's Stop and Reverse indicator ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait