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    • Holy Cow replied Jul 5, 2012

      I agree that trading according to Hector's method is better than without method at all. Kind of put back bone into trading when to trade and when not to. With enough patience I think it is a profitable method. I would add that newbies would be ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 5, 2012

      Shomari, I have been following this thread since 2010, so I have seen few good traders who were posting trades and set ups not exactly by Hector. Hector is not exactly a Livermore in my mind. It is always good to learn other ways cause you never ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 4, 2012

      Kumar, I wonder, what reason did you have to short these 2 pairs at this time? I did short cad/jpy a couple of days ago but there was a double top and signal to short which got broken....but at the moment both pairs are making new highs and show no ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 4, 2012

      This is the problem I see with Hector's approach. Now you entered trade few pips away from support. in most cases this trade will go straight against you while actual signal to go short was 3 days ago and 60+ pips better price. Hector's uses slow ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 3, 2012

      Sisse, btw, in FX market we practically have no information outside of PA. We do not have neither Level II information nor volume. I wonder why people engage in FX day trading at all when it is clear day trading stocks is much better proposition. it ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 3, 2012

      I think things should not be complicated. Too much thinking messes with ability to trade and make right decisions. I have taken a number speculative trades. not sure how things will work but there were a number of double tops hence I am shorting few ...

      Trend Trading All Pairs
    • Holy Cow replied Jul 2, 2012

      That's a lot of data. I frankly would not be able to absorb and make decision based upon it. How are you managing to trade with so much information considered? S/R acts as far as I understand it like this. when this s/r level is against the trend it ...

      Trend Trading All Pairs
    • Holy Cow replied Jun 29, 2012

      Bravo Very well put. I myself do not particularly watch these formations. i am mostly looking to enter when trend reversing to get onto next trend/swing and sometimes try to get speculative like double/triple tops/ bottoms or h&s or some serious ...

      Trend Trading All Pairs
    • Holy Cow replied Jun 29, 2012

      Yes, I also agree. But some things cannot be backtested as tonight move. current problem with many pairs that they got stuck between all those long term s/r levels. take for example gbp/usd. funny situation, it is within 50 pips s/r range. however, ...

      Trend Trading All Pairs
    • Holy Cow replied Jun 28, 2012

      well, I think that if it is some system with positive expectancy than each signal should be taken cause we have no idea what market will do after we enter trade. in my case I have 2 signals, one is to start watching for trade short or long and then ...

      Trend Trading All Pairs