to each his own.

scalping/curency meter

What do you define as scalping? a couple minutes or so? To just grab a few pips here and there, it won't last. maybe if you're in trades for an hour or so, grabbing 20 here and 30 there, then you have better odds, but anything smaller and like ...

scalping/curency meter

scalping is a good way to lose your money, in the end i don't think ANYBODY can be successful with scalping. If you lose 3 pips (+3 more for the spread) that's 6 pips. Just to break even after 1 3 pip loss, you'd need to get 9 pips, (-3 to the ...

scalping/curency meter

yep..down for me too.

Money Tec Server Down???

Phil, Thank you, but what I am doing actually is programming a "system builder", where you can interactively build your own system, revise it, and track trades which automatically calculates win:loss ratio, R:R ratio, etc. so I am just seeing what ...

A little help, please

Yes, very much so! keep posting

Technical Analysis and a few charts to ponder

Thanks for your posts. Any specific strategy you use?

Technical Analysis and a few charts to ponder

Mouteki, great system, thank you. Sorry if I missed it, but what about double tops/bottoms, can they be used as sup/res points, or does the fact that they are double tops disqualify one of the candles from being a s/r point?

Mouteki Trading

Yes, but don't forget the bigger picture, it looks like the pair is still trending down, and not ready to move upwards yet, so be careful. I think it could go down 8520 - 8550 or so, possibly even lower if those support lines are broken. Also, I'm ...

Mouteki Trading

I drew that trend line before the other point even developed. The line you are seeing, in my opinion, is too steep, but that's where discretion comes into play. Steeper trend lines means lower price projection (fact) and IMO they (breakouts) are ...

Mouteki Trading

Gbp/jpy — This one looks like it is about to break. Just hit a double bottom a couple days ago. Let's see if it can break through 38 fib level, and not as importantly, the 50% retracement, which is where the first shoulder of a possible head ...

Mouteki Trading

What time frames are these on? Daily?

Technical Analysis and a few charts to ponder

I got in a bit late, but it's a demo, so just learning/practicing anyhow

Mouteki Trading

Yeah, in for gbp/usd @ .8678, expecting it to go around .8750

Mouteki Trading

Eur/aud — seems like nobody followed or caught this one!

Mouteki Trading

Looks like a period of congestion/consolidation, the lines look good to me, just wait for it and it *should* break one of those lines pretty hard, but I haven't looked closely at that pair, so I can't say much more, besides nobody knows exactly ...

Mouteki Trading

Thanks, any demo platforms that allow you to view more?

Only 12 pairs on SBFX4?

I realize that now, check the last line of my previous post. I moreso was just drawing up a quick example to show where possible support "points" could be. Pretend they are in ascending order :

Mouteki Trading