Ofcourse, Dial's chart may have just been symbolic; that the chart itself, price, is his most profitable indicator. Point taken.

What's Your Most Successful Indicator

No I was serious, but if you don't want to, that's OK too.

What's Your Most Successful Indicator

Yes I've read it, but I was hoping that the experts could perhaps point out the points on this particular chart. For educational purposes. I see no pinochios. I see one dbhlc in the middle of the chart but there wasn't much of a movement down, ...

What's Your Most Successful Indicator

Could you possibly point out the entry and exit signals indicated?

What's Your Most Successful Indicator

Nice dude. I read that entire thread and even scored the spreadsheet. Thanks. Stay tuned for when I post my demo trade report this Friday. Possibly this Saturday or Sunday.

So I doubled a DEMO, now I have half of my LIVE deposit.

With some backtesting we (you) could figure out the optimal length of the middle bar (some call this the pin bar, but I see the pattern as a whole being the pin (pinochio) bar). Then we could go nazi on the eye level and insist that they be exactly ...

james16 Chart Thread

I suggest reading the first 5 pages of this thread. It ain't no fairytale, but it's the best source for a pin bar definition. I will tell you from what I've gathered, there is no specified length for the middle bar and the eye levels are such that ...

james16 Chart Thread

Yep, that was some forex humor. But it looks like ae_trading eventually got his way with the short position, no thanks to Papa Giapetto. Congrats ae.

james16 Chart Thread

Right. Well come back when you can contribute something.

So I doubled a DEMO, now I have half of my LIVE deposit.

lol. I suppose you weren't serious about those 'fair' gains then. Anyway, I too would like to take advantage of this other spreadsheet that has not been posted anywhere on the forum. Mr. Green, perhaps you can pull some strings with your PF buddies ...

So I doubled a DEMO, now I have half of my LIVE deposit.

And I quote

Deciphering Risk reversal data

I agree, they are un natural. They busted my account in half. I blame the stops. Which reminds me of my new revision: I now use stops as a precautionary measure. If price wildly leaps against me, they will do their job. However, if price is only ...

So I doubled a DEMO, now I have half of my LIVE deposit.

Thanks for the tip. I did read that post last week, and it makes sense. If somebody were to look back at the spreadsheet I posted, you will noticed that as my account balance falls and falls, my risk capital appears to remain constant for several ...

So I doubled a DEMO, now I have half of my LIVE deposit.

I am already risking the smallest amount possible. Risking less than 2% would not cover the stop and spread. You should know that.

So I doubled a DEMO, now I have half of my LIVE deposit.

url Check it out.

Which Fundametal Move The Currency?

But what if that 3rd bar keeps going up? You will have based your trade off a pinochio that never existed. Is this the right way to play these? Price action confirmation will have never occured. It's almost like taking out the benifit of letting ...

james16 Chart Thread

Possibly needs a longer nose; definantly another eye. Unless I'm missing something.

james16 Chart Thread

Neil are you refering to that one-eyed pinochio at the end of your chart? The below chart demonstrates the type of trades I will be looking for, being that I have no risk capital. It's not that I don't want to follow the advice that larger time ...

james16 Chart Thread

It took me 2 days but I did it. I finished the thread. OUch. My head hurts and I almost vomitted last night, but damn what a great read. It was fun to read about 15 months of postings in 8 hours or so, like traveling into the ..present. I witnessed ...

james16 Chart Thread

PLAN B — I think I've found a way out of the 'impossible situation'. And it doesn't involve retreating to a Micro account. Would you like to know my work-around, My path out of drawdown hell? Yes, it involves the James16 chart thread. (I'll be ...

So I doubled a DEMO, now I have half of my LIVE deposit.