Gentlemen, nice idea for a thread, just plain and simple market geometry. I may not be a student of Igrok exactly but I am fairly sure these geometric studies come to the same conclusions as they are based on the same theories when you distill them. ...

Exchanging trading ideas

All the brokers say your orders go into the real live market, but what does it matter if they do or not? As long as the position gets filled quickly enough by somebody on the other side then I could not care less who it is. I would stick my neck out ...

Broker Fairness?

I was clearing my throat.

Teach me, How to increase Confidence?

I was just messing with you mate. I think they call them 'eggcorns', when a word or phrase is misspelled or confused with a fusion of other words. I thought duct-tape was actually duck-tape for many a year. You're right though, the English language ...

Teach me, How to increase Confidence?

StockKJay, I notice you are a from America and I hope you don't mind if I give you a little help on your grammar. I am British and therefore qualified as an expert. Here you used the word 'overdue'; but I think you mean 'overdo' as in overdone. ...

Teach me, How to increase Confidence?

Personally I try to pre-empt the breakout so I would attempt to get in on the bounce from support or resistance preceding the run to the support or resistance area that price is expected to break out from. As for trading the actual breakout, ...

Confirming Trendline breaks, chart patterns and other breakouts.

Controlling your emotions means blocking out fear and greed that can distort your ability to make objective, reflexive decisions - I do not see how anyone can dispute that fear and greed effect long term performance in a negative way. The most ...

emotions

Sorry to break this to you - it is already lost then. You've got a buy and a sell of equal value in the same instrument ie., you are flat/have no position. All you have are two meaningless horizontal lines on your chart. Commiserations, you just ...

Help me Please, i have a problem with Eur/Cad

Right, so what moves prices is irrelevant to trading is it? Seems like leaving inane comments at the end of each thread with a massive gap underneath is irrelevant to trading. What's the deal rookie?

Money needed to move 1 pip

HT has obviously got an axe to grind. Every single post he has made is fanatically against MB, never made a comment in any forum other than broker discussion. Either he was abused by someone with the initials MB as a child or he has something to ...

MB Trading Futures - Introduction

When deals are being done price is not moving, it is only when there is an imbalance in the market that the price mechanism moves to an equilibrium which matches buyers and sellers. So if there are $2bn buyers of EUR, and only $1bn of sellers at ...

Money needed to move 1 pip

No-one is being held to ransom here. If you are not satisfied then move on. Some will hold certain criteria to be more important than others might do so differences in opinion are inevitable. No need to make it personal. Commissions are high and the ...

MB Trading Futures - Introduction

That is very true Xaron, so at least the threat of imminent catastrophe does not loom so close. Still though, I do not see the point in holding a trade so it goes 200 pips in the red - every single tick it is moving in the opposite direction is ...

Where do you set you're stop loss?

Well if you expect the ranging state to continue then the logical thing to do would be to fade the support and resistance at the high and low boundaries of the range. Here is a possible strategy that I have employed in ranging markets (although with ...

Ranging markets

There are only two logical methods of stop placement that I can think of: 1. Behind potential support/resistance. 2. Based on some measure of volatility. It is not a question of how large of a stop can you afford, it is how much of a position you ...

Where do you set you're stop loss?

Are you entering using a sell stop order? Sounds like you are attempting to use a limit order. If the entry point is between current price and your target use a stop order. If the current price is between your entry point and your target you use a ...

"Invalid S/L or T/P" on MT4

I agree completely, I have argued this till I am blue in the face with people. This guy said he wanted to ditch using MBT because they did not 'let you hedge'. I tried to explain to him that you're either in the market or you're not, you cannot be ...

FACTS ABOUT Hedging

Price action the last two days has been insane - we saw a simliar situation yesterday when we appeared to break to the upside out of some consolidatory patterns across the board and then crashed back through to break out the other side. Might we see ...

No Brainer Trades

Another EJ energy point with good price action so far. There has been a reduction in momentum in the last few waves, what indicator users would call bullish divergence so I wouldn't be surprised if this wave (if indeed this is the beginning of a new ...

forkies

EURJPY worked a treat from that energy point, news dragged it down to the green LMLH and closed right on it 5 mins later, which was good enough for me to get out. No home run, but a good score nonetheless.

forkies