Micmic, that's a great indi! I keep drawing those lines manually with the trendline tool. It would be fantastic for them to show up automatically. I would definitely like you to post that indicator for download. Thanks!

CHOROS System

Here's one I use: Round Numbers 5 Digit. It's simple and basic. It also helps me eyeball price ranges quickly. Change the "grid space" to 50 and it shows only 100's. Change it to 25 and it shows 50's and 100's. I don't know why those numbers, I ...

Trading Made Simple

Phew! At least I'm not the only one. I got it bad!

Trading Made Simple

In fact I take the daily trend into account but I do not use this rule as hard and fast as the others. It depends on the other basic forex stuff - are we at S/R, is there momentum, etc. In this case if you zoom out on your daily chart you will see ...

Trading Made Simple

So many good things in your post! As you say we have all heard this. But it also tells us that 5% do make money. Are the 5% just luckier than the 95%? What is their secret? You just gave away the secret, but it's a secret 95% will refuse to accept. ...

Trading Made Simple

Whoa, I'm not a professional Trader yet, but I will be! One reason I have stuck with it is the encouragement I've found here so I'm glad I can reflect it back a little. "I'm a great believer in luck, and I find the harder I work the more I have of ...

Trading Made Simple

AMEN! I used to read posts like this and think it didn't make much difference. But then I tried it. I opened a $100 account which let me trade literally pennies. But it was very different from using the simulator. I experienced new emotions - stress ...

Trading Made Simple

I have similar trouble. I am in EST - New York time. I'm constantly getting mad that all the Brits and European guys are getting all the pips while I'm asleep! The time of your candles should not really matter for picking up signals - you will ...

Trading Made Simple

That's what I'm going to be: a professional who trades for a living. dcginc please keep posting. I am making a point to read certain members and you are on my reading list. ' Thanks again, more than I can give, to ALL ...

Trading Made Simple

One more important thing to consider with multiple trades is this: do the pairs tend to move together? For example, the Three Amigos (EU, GU and AU) often tend to move together. So if you are in one trade in each of the Amigos, and it goes against ...

Trading Made Simple

So glad to have you lurking! Wow, what a great doc! You have some MT4 keyboard and mouse shortcuts I've never seen before. And your trading wisdom is certainly not just for noobs! Thanks for making the effort to put that together it's a great ...

Trading Made Simple

Thanks for posting that pivot indi, 7. I was getting ready to ask you for it!

Trading Made Simple

Wow, 104 pips! Nice trade! I don't use pivots but I think i have to learn them. Thanks for the recommendation to close. I closed at +29. I got in on the second candle, much later than you apparently! That's still a good trade for me!

Trading Made Simple

I'm still in this trade. The7 are you still planning to cash out around .8940? It's trying to get below .8950 now. It bounced off this level a few weeks ago as resistance in the bull run, and it may turn into support now. I think if it breaks with ...

Trading Made Simple

Bez posted his rules a week or two ago. I think they're great and I check them every time before entering a trade now. Here they are for you. 1. Trading with the trend, if Daily is trending don't trade against it (it will win). 2. Good angled cross ...

Trading Made Simple

I use this one that shows the "Round Numbers." I find it useful to see pa approaching a RN, and to eyeball price distances on the chart. It draws a horizontal line at each round number. You can change the "grid space" setting to 250, 500, etc., to ...

Trading Made Simple

Here’s another way to solve the weekend spread problem. This drove me crazy, too, until I found this solution. 1) Find the folder in your MT4 installation files which contains your account name. It will be under the History folder. My broker is ...

CHOROS System

That was a 27% increase in equity. Edit: I wonder when I'll have another trade like that! Edit: I should add that since I was trading off the weekly TF I risked only about .9%. I normally risk 2-2.5%. Since the previous swing low was close I still ...

Trading Made Simple

Here's what I would do (or not), but everyone has their own take. EG - third candle, cross signal below 50 - no trade GU - cross signal above 50, trading into SR - no trade GY - Cross signal above 50, not a reversal - no trade (I hate this pair ...

Trading Made Simple

I went long on this last week on Wednesday, closed Friday for +459 pips! Best trade I ever made by miles! Too bad it’s a micro account! Haha! The reason this trade worked so well was that the weekly chart took a bounce off the low side of a ...

Trading Made Simple