Van Tharp is good at writing books. I bet that he sucks the hell when trading. if you don't believe, u just trade according to what he says. I guess 99% u will burn your $$$. Seriously. Look somewhere else. Just remember "DO NOT overtrading", that's ...

van tharp's random entry system

nice work, keep going for 2 more months. now we can't say which one is better, since ur results are too few, statistically INsignificant. At least more than 30 trading days are needed.

Daily95pips

i believe that u may just find a peaceful time to do it. say, ur euro time's early morning will be ok, i suggest, because, ultimately, u just want to enter when market is quiet without noise, but before market wakes up.

Daily95pips

Apology accepted. :-\ But you know what, Middle? You've found gold :-) and I mean it. Thanks a LOT.

Daily95pips

Just my 2 cents, i also expect David to comment on this. My 2 cents is that 5 pm US est, is not a good time to enter, why? simply because many traders are still on market pushing waves. Then when is a better time? better time is after 6pm or 7pm. I ...

Daily95pips

Discussions are welcome. Hey, firstly, i hate to talk in mathematics. so just try to be plain. it's like this: i think that this system, is a random luck system. using previous day's HH to buy, is not really indicating that we are following bull. ...

Daily95pips

Dear David: I think that it makes great senses by using a stoploss wider than TP, since this is a random luck system. bingo, u r my man.

Daily95pips

Not offensive, just discussion. I am aware that prices are not going straightline. However, generally, don't u think that d95p and d95p-reverse are same thing? again, i understand price doesn't go straight, but ur losing month of reverse is highly ...

Daily95pips

You are absolutely right. Don't doubt urself. Mtm(1) always points to '0' line, like u said, mtm(1) = previous bar's close price - previous bar's close price = 0; it is ridiculous to use it. I suggested before that mtm(4) may be more useful. Just my ...

My MT4 indicators for Auslanco's strategy

These thoughts are very valuable. However, i've had a question for so long that is "why is 'simple is best?' " . So far i see no people tell me why simple is best. Usually ppl (newbie or powerbie) just declare 'simple is best' as if it is like earth ...

Why are we afraid of simplicity?

Ok, this 50 SL is easily realised. btw, I always believe that even if GJ drop to '1', yes, '1', not to mention 221, it'll be same difficult to predict that the beast won't move down more than 50 pips. Just my 1 cent.

Daily GBP/JPY analysis

it may not, i guess. under 15 min (actually 1h, imho), too much noise for newbies. I know some masters do 5 min trading. but for newbies, look 1h/4h beyond is better.

Daily/Intraday Momentum Analysis

Take care, dear master, health is always NO 1. posting here is not. you need sleep. Hope to see your analysis soon, which means u'll recover well then.

Daily/Intraday Momentum Analysis

With all due respect to Aus Master, now you also see the problem of mtm 1c. let's assume you watch mtm 1c for daily chart in such a scenario: Yesterday, GJ closed 224.98. in the 1st minute of today, if u check the mtm 1c, how much price moved in ...

Daily/Intraday Momentum Analysis

The first half has already been validated, nice work, Aus Master, let's see the next half. I thought tommorrow is a fall day, now better off follow you. but on daily chart, i do see no reversal yet, except momentum predictings.

Daily/Intraday Momentum Analysis

Gene, cannot follow all your posts, guess that i missed many gems. mind introduce what TA methods you are using, please? how do those diagonal lines form and tell? Thanks advance. Have a good weekend to all.

Auslanco - GBP/JPY and GBP/USD (newstrade)

so Gene, you are predicting a rebounce back to 238~239 from now to next week? Thanks for more insights.

Auslanco - GBP/JPY and GBP/USD (newstrade)

let's say that when floor is wet (mtm(1)), u know it is because of raining (retrace.) but is it everytime floor is wet because of raining? not really, sometimes it is due to flood, or other factors. you'll know mtm(1) = current price - last bar's ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

This is a lesson that I've taken before. Suggestions are: 1. Just blindly follow Aus's decision 2. ignore the momentum readings yourself, because momentum readings are not reliable. I know for sure momentum(1) is a joke. But Aus somehow can manage ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

if u need patience, u don't need an answer then. set ur SL, and wait.

Auslanco - GBP/JPY and GBP/USD (newstrade)