Hehe, I took it all long from there: E/J, G/B and G/J. It looked like vultures feeding frenzy. Enough for everybody It's pity I closed a little too early. It looked like new highs are being hit.

No Brainer Trades

I guess you are right. I noticed too many stocks breaking out and trading up last week. I am watching this site to pick stocks: url

$5k to infinite

Xaron, I did not get it. are you long on $US?

$5k to infinite

wow, how can you follow so many different markets same time? With stocks they gave us strict parameters. 3-4 ticks stop loss. so, it is generally scalping what they are looking from us. Actually, I got my first shot at stock trading in November ...

$5k to infinite

BTW, Xaron, how is your bank trading going? I trade these stocks now, I cannot believe different financial instruments can be so different. It is completely different animal from FX. I actually always wanted to trade commodities. However it looks we ...

$5k to infinite

Hi Xaron, right decision to stop posting in Oanda. So much cr*p being posted it has become impossible to talk serious trading. Everyone is trying to ridicule. Wish you good luck with this account and will be following

$5k to infinite

BTW, BRW method might be used both ways. Not only for bounces but for break out trades as well. It's break out season for some pairs.

No Brainer Trades

image

No Brainer Trades

image

No Brainer Trades

image

No Brainer Trades

What do you think I was meaning? Yes, it looks simple on the outseide, but it is not easy as it looks. Psychology is 90% of this game.

No Brainer Trades

Yes. I agree. this business is hard. People think they can take some time and become second Soros. It requires a lot of time to become successful in what you do. I would compare it to surgeons. The knowledge and reflexes those guys develop are out ...

No Brainer Trades

Exactly, I like this time too. Admittedly I start a little earlier even before Europe opens but I am usually done by 4:30 a.m. EST. I am not pushing things. If I see now sure big moves I am scalping and not trying to push my trading. This time ...

No Brainer Trades

image I am watching this. Hopefully it will happen during my trading hours. But seriously, with all those messy news coming do not you see that in New York session news time many SR levels go bust. Or, stop loss should be too big. I find night the ...

No Brainer Trades

Guys, anybody noticed that New York session has higher trade failure rates than say Europe- London open to 5;00-6:00 am.m EST? I managed to cut my losses in half by not trading New York. Those news kinda mess things up.

No Brainer Trades

Ah, I see. You will hear no of my opinion Wrensky. Good luck.

Mister ED's 4 hour Heikin Ashi system

I believe H4 is not a good idea for Heikin Ashi. Too late. But in lower time frames especially 15 minutes it works beautifully. It actually shows how price direction is forming so that it is easier to make right entry in comparison to trading just ...

Mister ED's 4 hour Heikin Ashi system

I wonder, anyone tried to contra trend Eur/ Jpy and Gbp/ Jpy? Interesting but 139.66-139.71 still hold despite being broken temporary, it pushed price back up 200 pips in few minutes. but what a move. I wish all trades were same. Now it will be ...

No Brainer Trades

I simply also use Heiken Ashi, this is why I am following this thread. But what is curious, Heikin Ashi is a lagging indicator and it is mostly good for lower time framnes up to 1 hour. It looks like it is used here for higher time frames.

Mister ED's 4 hour Heikin Ashi system

That's right. But markets change all the time. You cannot tune system to work in all market conditions if you only do everything mechanically and not discretionary. I also have a system, but I use discretion as to when to trade and when not to ...

Mister ED's 4 hour Heikin Ashi system