Ho Bobokus, Long Retracement of swing fib is at 1.9575 right? Not sure what is the level you are referring to by 1.9720. Thanks much TradeStar

Fibonacci Trading with Bobokus

Karmo, So if you are combining Auslanco's strategy, you basically wait for price to touch the 5SMA in 4 hour or enter as soon as the price touches the 5 SMA on 1 hour? What if the price proceeds to touch the 5 SMA on the daily after entering, before ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi Richard, Which one of the Bill's books describes this method? Thanks.

Trading Chaos?

disr, Thanks for taking putting a response together. Very helpful. Thanks again. TradeStar

Fibonacci Trading with Bobokus

How do I show the price on the various feb levels — Is there a way to show actual price that the various fib levels when I draw Fib. Right now, I added the levels and put T1, T2 etc., on the description. Thanks much in advance TradeStar

Fibonacci Trading with Bobokus

But I heard that trading with a margin is illegal in India. Is this accurate? Thanks

Trading in India

Eur/Cad — Attached are the weekly and one hour chart of EUR/CAD I am writing this to validate my thought process with the team. Weekly Fib is at 62% retracement. On one hour 1.4640 looks like a pivot zone. So, if it closes above this number, ...

james16 Chart Thread

Dollar movement — Interest rates are being cut Retail sales is not good. Not sure why Dollar is going high? Am I missing something basic? Thanks TradeStar

james16 Chart Thread

Back testing — Your two years of back testing already showing 100% return. Now even if you make 30% as a worst case scenario , it is still good, right?BTW, could you share the system that shows 100% for the past two yearsThanks

How many years should I test My system, to consider it, profitable?

Perhaps this is a very naive question and may already been asked and discussed elsewhere. Still I would like to go at it. Assuming we follow the money management of risking 2% of equity in every trade, not risking more than 10% in all open trades ...

Money Management

GBP-USD chart — From price action perspective, would we see this GBP chart as a buying opportunity at a bargain price, or would we wait for V confirmation of close above the weekly reversal? May be this is the basic question about the whole ...

The System (Irony included)

Performance — By any chance, does any one have the record of net gain /loss on this approach, since nicotina started this thread? Thanks TradeStar

High & Low 8 Hours (GBP/JPY)

Hi feb, Thank you. One more quick question, if don't mind, please What if the bullish candle does take out the high of the reversal candle however does not close above the high of the reversal candle. In this case, do we wait for another daily ...

The System (Irony included)

Going back to basics after all this discussion — hi feb, Quick question on one of your earlier posts: You say you go for bargain price on 4 hr. fine. Do you do this after the daily candle which takes out the high of the reversal candle is ...

The System (Irony included)

Nice to hear from you feb. We, juniors, really miss the great posts from you, old_not_dead, TraderV.. Looking forward to the valuable inputs. TradeStar

The System (Irony included)

Hi, Could you share the weekly and monthly pivot indicators? Thanks TradeStar

Simple Candlestick-Pivot Method

Outside bar in Euro — Here is my daily chart from Fxdd meta trader chart. I don't see an outside bar. Is it due to difference in data feed. If yes, is there a more reliable source for meta trader for analysis purposes. Thanks, TradeStar

james16 Chart Thread

I agree with Coolshades. Retail trading with margin is illegal in India. You need to have an a/c outside of India with a broker outside of India. You can be physically in India and trade online.

India

My understanding was to draw from closest resistance for Short. Thanks

Indicator Free Trading - Skunny

Skunny, May be I should have drawn the way you did now. You can see in my post as to how I did it and it did not make it. Appreciate any comments on this. Thanks, TradeStar

Indicator Free Trading - Skunny