Hi guys I see macds on a few charts and mentions of divergence. Does anyone have a good explanation of how best to use this? Thanks max

james16 Chart Thread

news news news today. Throwing the markets all over the place max

james16 Chart Thread

Yes a pin bar signals a change in momentum, but one bar is only capturing a moment in time. It's the position on the chart that should give you the reason to trade. Not the bar itself. The bar (once closed) is just the reason to pull the trigger. ...

james16 Chart Thread

I agree with this and its on a one hour timeframe so not even close. Certainly not a pinbar Max

james16 Chart Thread

Perhaps then a fixed stop loss of say 30 pips is in order, as if it does not rocket away, the trade was not as good as first thought? The point of a pinbar for instance is that it shows a change in momentum, if it then retraces the length of the ...

james16 Chart Thread

a question regarding stoploss — A few posts back J16 mentioned that he usually took partial profit at 30 pips and moved his stop to BE. This gave rise to a question. If your stop is say 150 pips and you take half your profit at 30 pips, then ...

james16 Chart Thread

I'm sure I have seen a pdf, possibly posted by mike and within the last few days. max

james16 Chart Thread

Wait a while and a backpacker with a body board will pass by. Then you start fishing max

james16 Chart Thread

got to agree with the last two, only roi is important max

How Many Pips do you aim for per week?(& Poll Vote)

very cool signature by the way Kristo. I'll keep an eye on it for the next few weeks, I am quite liking the shorter timeframes though. I know everyone complains of noise however I think that the 5 and 15 minutes signals may be 'truer' and less ...

J16 pinbar discussion

I guess though that if it retraced today to .5370 from where it is now you'd hold on to the trade. That is what I have always done til now on multiple timeframes however I am looking at the idea of risking 1.25% to make 2.5% ie having the stop at ...

J16 pinbar discussion

Personally I don't think they are useful however, like any indicator, if everyone else uses them they could become useful. Stick ANY MA on your chart and you will find bounces off it and crosses over it. Maybe that is the one that works . max

Why moving averages are important?

lines, lines, lines — Cannuck you started so well removing lines then out of nowhere comes a very festive looking chart covered in reds and greens and yellows! Which is it to be! Max

Price Action Scalping

I think you'll be surprised at some of the people who do help with the rookies. If your question is good it will not get buried. Calling those that might help you 'ego trippers' probably won't do you any favours. max

The Penny Drops

I hate it. It confuses the hell out of me and I can't quite twig why? max

five digit price quotes

donchian midline — I've also been playing with the donchian channels. For the midline do you just use a 20 period simple moving average or do you have an indicator that plots a specific mid point? Thanks Max

My Most Accurate Indicators

sorry mate, but what you say makes no sense. What is the question or statement/. max

Range Bars for Scalping?

fx pro have it as well max

Does anyone know how to get DJIA feed to MT4?

not really sure what the point of this is now. You are not selling or offering anything, there is no indication of technique. You are just showing 'someone elses' account history. Why are you doing this? Max

Promising system?