IMHO, just sometimes, when diverging, it's one more piece of the puzzle. Many times in early days just did like: "sell" when Sto was above 95 (c'mon that's D1... OF COURSE it's going down!....how smarrt I am!... then Sto keep above 95 for 3 days... ...

Best use of Stochastics please

Geez.... another "scaling X non-scaling" thread! I guess it's some kind of Elliot Wave phenomena.. Take a look here: url and here: url Cheers!

Winners scale winners, losers scale losers

Hope you have stick to your intraday approach and took the profit off the table, cause otherwise you have just been burned... NZD/JPY just diving...

Q for veteran traders that may help rookies..

That's called the "opportunity cost"... waiting months to prove a supposed 100% rate and let lots of good trades pass away. That's a losing position, IMHO. He's only trying to prove he's right, no offense intended. Cheers!

Are there really traders with 100% Success Rate???

Just opened my NZD/JPY chart.... I don't usually trade it. Seems to me you are buying the breakout of a minor S/R and/or the breakout of a 1-2-3 formation, right? I'm guessing, cause that's what I see on 5M/15M charts. But I don't knoe which TF you ...

Q for veteran traders that may help rookies..

This is it: url Good info there... Cheers!

Silent Service Method

Porkpie, the wizard himself stated that this little AMAZING secret is 99,9% accuracy.... ... far form 100%! Cheers!

Are there really traders with 100% Success Rate???

100% success rate? No. Pay attention to the bold section above (I highlighted). You are a profitable trader when your winners are bigger that your losers. At the point that someone can be "right" only 40% of the times and still be profitable.

Are there really traders with 100% Success Rate???

Price has a good point. I would add to it the following: newer traders tend to start always by the lowest TFs, that's why they feel safer with scaling out (they use tight SL, thay want low market exposure...). magnumfreak, on another thread said ...

Scaling out vs staying fully invested

Wow... great info there Peter! Cheers!

Scaling out vs staying fully invested

Well, student... it seems that you are finding your trading style. Remember that there isn't a right way, "one size doesn't fit all"... So you are an intraday trader. Nothing wrong with that! My answer was based on my trading style, I usually hold ...

Q for veteran traders that may help rookies..

Data venia, but not so fast.... Give any working platform to a profitable trader and he will do better than the "famous" 95%. The majority doesn't lose due to not mastering MT4, excel, or programming. They lose cause they are naive, greedy, lazy, ...

The Reason why 95% Traders fail

That's a helluva good point!

Favorite method for securing MORE profit.

Well, let's wander... In a simple way, that I use. What was your ENTRY signal? Bear that in mind. You took 1/2 of the position at 1:1, move your SL to B/E (or not, since you are in a "free ride"). Let the market be. Exit the remaining when you got a ...

Favorite method for securing MORE profit.

Just answered a question like this on another thread. I'm NOT a seasoned trader at all, so it's just my 2 cents... I don't use TP. Exits are discretionary. I use next S/R level, PA, news coming... BUT, if you really are prone to that "don't let your ...

Q for veteran traders that may help rookies..

I don't use TP The exit point is completely discretionary. Next S/R level? Consolidation? PA? half at 1x your SL? I use them all... Sorry if I didn't help

Favorite method for securing MORE profit.

I use FXCM MT4 for charts and Oanda for trading.... just a few disconnections this year, but I bet it's due to brazilian '90s internet service... Cheers!

Looking for a broker with these 5 qualities

You're welcome. Good trading!

Open Interest and COT charts

Well, I trade with Oanda for 2 years now, and can't complain.... but it must fit your style... I don't trade news, and know it's a Market Maker. #4 and #5 are the most important, IMHO lower (fixed) spreads, 100% execution, mt4.... do you realise you ...

Looking for a broker with these 5 qualities