well, I've just woken up and checked out the situation.... unfortunately, the 1H timeframe was horrible and produced a couple stop outs... the 15M and 30M however both performed beautifully... on the longer timeframes it'd seem we are headed down, ...

Slay the Dragon

I'm scalping the market and I've seen this pair perform more tricks than Penn and Teller. I don't try to use logic or predict it. Go which way the colors say. The last setup just lost about 20 pips and we are back on the right side of the market due ...

Slay the Dragon

So it's nice that the first setup posted failed. This system isn't magical and wins every time...Losing happens 3 times out of 10 or more so get used to it. Because the current bar has broken the level of the last 3 1H bars back, we are short again ...

Slay the Dragon

sorry Erebus, I don't have yesterday's pivots any more, they change every day at 0:00 GMT. I can only vouch for the pivot indicator I posted and it's lines in reference to the G/Y. I will post a lot more charts to make it clear.

Slay the Dragon

okay, so Sydney has opened and the system has set-up and triggered long on the 1 Hour. Stop loss is at 181.75 where the gold 'X' is. Take profit is 182.95 which is the confluence of R1, the falling trendline that was spiked last week and the round ...

Slay the Dragon

You are correct sir! Yes, right now the 30m chart has triggered a long. Trail a stop of the last 3 closed bars back. However, we get new pivots in 30 minutes, and also Sydney opens, two hours til Tokyo. A take profit of 18-27 pips would be ...

Slay the Dragon

Hi there to anyone who is following this thread. I considered the bank holiday a day off, but Tokyo and London could have cared less it seems... you could have taken a 1HR trade last night short and the price went all the way to S3 today. I'm ...

Slay the Dragon

I'd say a minimum is 18 pips with the G/Y even if you trade the short time frames. The max is hundreds. It depends on the what the Pivots allow each day. Sometimes London will take a mad run at the R2/S2 level and you can bag some serious, serious ...

Slay the Dragon

Hi Cezaryl, sorry I missed your questions and am just seeing them now... The setup remains valid as long as the HA bars remain the same color. 1 opposite bar resets the system and then you need two in a row again for a setup. If what you described ...

Slay the Dragon

I keep telling myself to stop trading during NY session but I still do! The best time for this pair is when the two markets that are involved in it are open... Tokyo and London. NY is pure chaos and once it opens it will make you pull your hair out ...

Slay the Dragon

Another useful tip for the charts is to go into properties and change the Bar Up/Down colors to lime and then go to the other page and make sure Chart on Foreground is OFF. This lets you easily see the open and close. I've experimented with the ...

Slay the Dragon

I plan to post some charts of trades this week as I take them. Every week is different, just wait for the bars to start forming and grab on to the dragon's tail and take a ride! (or several...)

Slay the Dragon

looks great so far, looking forward to some more great posts tomorrow on how to trade with this new indicator

The Student Handbook

btw, i am currently watching gbp/jpy and the charts are turning around to short. it's interesting watching the clown colors line up on the different time frames. I'm waiting for short confirmation on the 15 min chart, and once in the trade, i am ...

The Clown - Yet Another System/Method

big thumbs up to this simple yet powerful system... all I can say is that you must also use PIVOT POINTS!! if you do not have the pivot lines on your chart, you will be blind use this indicator here, turn off sunday data, and turn on all ...

The Clown - Yet Another System/Method

PERFECT. MANY THANKS!!!!

Could someone please code this simple Heiken Ashi indicator?

Another thing that is SUPER helpful are those Heiken Ashi bars in and of themselves. The Wise Man. (Bill Williams) If you are at the top of an uptrend with a bunch of white bars, look for the white bar where the close of that bar is lower than the ...

CandyStriper 101