image Right now, the 124-day and 40-day cycles are lining up well, suggesting: A move up into early April A pullback later in April Then another move higher into ...

Planetary Cycles Trading (EUR/USD)

Thanks for sharing this week's outlook, Jnevins — beautiful Moon-Moon curve, and that 3h composite with a 500% smoothing orb really reveals the broader rhythm well. Looks like a strong bullish bias building through midweek, peaking late July 11 or ...

Planetary Cycles Trading (EUR/USD)

Really cool stuff JN, the Venus/Synodic does seem to work pretty well with Forex pairs. Which cycle are you using for Bitcoin ? When you have 2 cycle models diverging in their forecast, do you look back on the price charts and where the turns ...

Planetary Cycles Trading (EUR/USD)

I agree with both of you. I have a few friends who got started a year or 2 ago. Some of these friends were way to aggressive in their approach and their expectations were unrealistic. I don't think someone new can say Im going to make X $ in a day ...

What is your edge?

First few years, 2 years or so just was not profitable. Depending on how disciplined you are and how persistent you are, it can take longer. Some days were profitable, then just gave it back a day later. Consider the losses as your price for the ...

How did you find success?

I would say this is a good way to approach the Forex market. I trade the Futures in a slightly similar way but Forex gives you more flexibility when you're trying to turn the losing side of the hedge around. Being 50% correct when you trade in 1 ...

Hedging/averaging trades without prediction

I would say this is about right. We naturally want a trading strategy or system to work all the time. When it doesn't, we get distracted and deviate to all sorts of other methods. Is that a waste of time? Maybe, maybe not. Years ago, I'm talking ...

5 years and still no strategy

I suppose everyone will have a different experience. When I first read his book I didn't quite connect with the psychological and mental points he was writing about. It wasn't until later and when I looked at the system in its entirety that it made ...

Profitunity (Chaos) Trading System by Bill Williams

Tablet Using Remote Alternative — As I mentioned in the previous post, perhaps there are some traders who still need to view a desktop application. I never believed Ipads and Android tablets would be a clear replacement for our desktop ...

Looking for a tablet for mobile trading

Matt, I honestly don't use Windows much. I mean I can dual boot, but 90% of the time I'm on Ubuntu 12.04 on both Unity or Gnome 3. The only time I'm on Windows is if I want to watch Netflix. It takes some tweaking sometimes to get MT4, but mine ...

Looking for a tablet for mobile trading

I've been pretty happy with my Android tablet. It really does what I need and I don't regret selling my old laptop. For me, I was always annoyed at how terrible battery life was with my old laptop. I'd go to a public place with wifi, and everyone ...

Looking for a tablet for mobile trading

I've been trading a few years now, and for new people, I'd certainly not discourage them from using stop losses, especially if they're going to brave News trading or times when the market is really moving. I use to favor 15 min charts with less than ...

Trading without a stop loss!

Certainly the past 3 weeks have been an exceptionally strong trending market. The week the Asian markets as well as the world markets took that 2-3 day plunge was a sight to see with the yen based currencies. If you have a trend following system ...

New Trader

Hi Marc, Interesting to look at TF4HR, are you in agreement with itsme that this may be Wave B? Just wondered what your wave count was. Thanks.

Low Risk, High Reward Trading Experiment

[i] This has certainly been one of the tricky pairs to call. Easy call after it failed 235, Wave 4 retraced almost perfectly 50% when I used 11/23-jan 03 Wave 3. With this weeks BOE and next weeks BOJ rate announcements, I wasn't sold on longs just ...

Low Risk, High Reward Trading Experiment