Man, webinar is full - THAT SUCKS! Tom, why don´t you stream with a service like twitch.tv or a similar streaming service. Unlimited viewers and no fees! It is possible to save the casts and make them available as VOD. So, if someone would save the ...

Fail Better

SFP? Price retraced direct below the high or almost to the high when market closed. Enter the market before opening and hope that price will fall? A litte bit risky I would say. Another option could be that the market does open wit a gap down. But ...

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Hope too, that it is a only a. I am just getting started to learn this trading method and I really like it. The thread must go on, and it must go on with Tom!

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out with + 10.

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experienced advice is needed! — USDJPY RRT at 78.25 is not working out immediatly. Am I to impatient or is that a sign to get out again?

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Take a look at USDJPY on my chart. The gap to the green bar (marked with the ellipse) does not appear on yours. Strange, isn´t it? Did you take the trade or was the retest not rounded enough?

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Thanks for your answer. Could you explain to me what do you mean with momentum candle into a supply of orders and how do I get the ATR? If I use the indicator it calculates me an average of the chosen period and shows a graph but I need the level as ...

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Upper dashed red line is the level you traded the SFP and the targed area is the downside of the blue dashed trendline channel?

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My Sl sucked and the take profit would have been probably too... — I saw the potential SFP on USDCAD before (what makes me a little bit proud as a newbie in that awesome tradingstyle) and when Tom twittered it, I had to jump right into it ...

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Nice that your trades worked out so well! Can you please tell why you took the trade on the bar with the highest spike and not on one of the bars with a spike high enough to hit the level before? Greetings, Jan.

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Hm, just took a look at it in a 1h TF. There it seems to make sense.

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Hi Tom, yesterday you twittered to look for a bounce off 0.8115 NZDUSD. Why is that a valid setup? The level was broken before (black ellipse). And, would it not have been more a trading chance before when the price bounced downwards (green ellipse ...

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Hello Tom, hello Everyone! Great webinar yesterday! Surfin through the web, teaching yourself how to trade may educate yourself. To have a glance how a professional trader forms theory into practice makes you confident and makes one hour ...

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I like that kind of strategy and I think I am going do give it a try. How do you do the first point of your trading plan? Do you use any indicator or something like that to identify the strongest and the weakest currency?

Simple Setups To Trade

My historical data only reaches to september the 21. I have to download first new data what I am going to do in january to have the full years data of 2011. In post # 105 you can see the backtests I´ve done in detail. Maybe you could take a chart ...

Dancing with EMA

I use Metatrader (I posted the whole backtests results for the previous tests above, so it should be obvious). I have no problems backtesting multiple timeframes with MT. But the strategy uses only one anyway. I implemented the addon trades - I ...

Dancing with EMA

Attached is a chart with a 300 pips SL trade. If we widen the SL we skip some failtrades. But if we are in a trend the last trades of the "trading-row" are pulled into loss because of the bigger SL. I don´t think that a bigger SL is key. More a good ...

Dancing with EMA

Here are the backtests posted above in more detail.

Dancing with EMA

The testet pair is EUR/USD. I try EUR/GBP later and post the results (other pairs may follow when necessary but I need to download the tickdatat before) I try out the "when 5 SMA cross 3 times 50 EMA, we don't trade before 15 new candles appears." ...

Dancing with EMA

I post the other data of the backtests later. There you can see initial starting capital and so on. I try some tests with a bigger SL.

Dancing with EMA