Seneca Pilot, Your advice and teachings have been very helpful. You made a difference in the way I think about my trading approach, so for that I tank you. I can imagine it takes a lot of time to maintain a thread, so I won't ask you to continue ...

Ramblings of a Forex Junkie

Very concise answer, Thank you SP. I'll keep it in mind and use it during my testing and trading.

Ramblings of a Forex Junkie

Greetings SP. Let the green pips be with you this week. Would you please expand on the topic of SL sizes. You have mentioned it earlier in the thread that you set your SL as a percentage of ATR and that you believe it's the best way of ...

Ramblings of a Forex Junkie

Greetings SP. Before I want to get my point through to you, I want to start of with a little bit of background info. I've said it before, I'm still an unprofitable trader and I've been working hard, with my allowable time, to find my edge. I've ...

Ramblings of a Forex Junkie

Agreed.

Ramblings of a Forex Junkie

There is one point I have to disagree with you regarding backtesting. I don't think it's useless if you use software that allow to re-trade the past. Especially in the shorter term trading, there is no way you could remember what happened on a ...

Ramblings of a Forex Junkie

Thank you Seneca Pilot. That makes sense. I"ll stick to my levels and continue my testing until I find my edge. Regarding your question whether to trade or not. You did very well this week and you should reward yourself for it. Whether it is taking ...

Ramblings of a Forex Junkie

2.) Secondly, looking at the trade you took. You took a trade from the level you've drawn. I think that was the weekly close. (Purple line) Was that your first attempt? I would've sold at first touch of the level, but would've probably been stopped ...

Ramblings of a Forex Junkie

Well done! Thanx for sharing some charts with levels and trade examples. It's highly appreciated. I have a couple of questions though. 1.) Regarding your levels, I have realized you use the following: Weekly close, weekly open, Previous ...

Ramblings of a Forex Junkie

Would you mind expanding on the sentence in bold? I understand that the highest volume of trades occurs during the London and London/US open sessions, but what do you mean by "the prices at these times are crucial"

Ramblings of a Forex Junkie

Seneca Pilot, You have made very good points so far. It is very helpful and interesting to hear from a more experienced trader, so please continue your thread.

Ramblings of a Forex Junkie

You are making two assumptions that is so far from reality! 1.) You assume that all of us on this thread using the pitbull method or concepts thereof are wrong. There are traders including myself that uses the methods discussed in this thread with ...

Pitbull Trader with Position Building

If that's the case, they should rather remove the poster, Erebus, since hes trying to hijack the thread with his childish comments and constant references to Steve's Forum even after asked to stop discussing the matter. I hope this thread will be ...

Pitbull Trader with Position Building

Erebus, seriously mate, grow up. So you made a profitable trade, big deal! Please respect the request not to discuss NB's methods here. There is a thread dedicated for that, so go on, go play with your friends.

Pitbull Trader with Position Building

Why has this thread been moved to the commercial section?

Pitbull Trader with Position Building

I disagree with your statement. Luck has nothing to do with it. You are saying that I'm lucky, coz I was able to identify and profiting from an opportunity. No way! Like CP said, following is completely different than predicting.

Fundamentals confusing the masses

TOO SLOW? Yes! Look I'm only familiar with the original 10.2. If there is new developments every day, then that system is probably 10.2.1.4. Either way, the indicator defining the trend is extremely slow due to repainting. Also, only trading when ...

Pitbull Trader with Position Building

I find NB's 10.2 way too slow. By the time the indicator tells you the trend, you've missed out on most of the move. The indicator also repaints, which is just shitty! I know NB has improved it quite a bit, but even on the higher TF's there is just ...

Pitbull Trader with Position Building

Thank you. I'll check it out. I think that will solve it. Cool runnings...

Looking for a Candle Indicator

Thanx for your reply. If I do that, then there will be no candles displayed on the TF's selected not to show heiken ashi candles. If I keep the normal candles on, then it overlays with the heiken ashi candles, which is what I don't want. What I can ...

Looking for a Candle Indicator