a good deal is a good deal no matter what time frame you are on. A six pip difference shouldn't harm you from making a good deal. I dont care who the counterparty to my trade is, ultimately it is up to me to decide weather or not it is worth the ...

Position Trading

Couldn't say it any better. Price can only go one of two ways, up or down. If they are all in sync, all that it means is that they will al be right or all be wrong. I used to use many systems and it really f---'d me up. Now I just trade on coin ...

Your thoughts on taking "Perfect Storm" trades?

and 10 pips to the P1

GBPUSD

Actually for GBP add another 5 pips to the StopLoss.

GBPUSD

Trade setting up now to fade the double zeros if interested - if reaches there - sell GBPUSD 1.8805 stop loss 1.8829 - including spread. PT1 1.8769 - including spread PT2 Two bar high + 2 pips.

GBPUSD

Additionaly, Elliot is dead, and so will you be if you keep trying to pick tops and bottoms, unless of course you really use little to no leverage and risk nothing. You wont make money but one day you could pitch a trading system that picked the top ...

GBPUSD

It really doesn't matter what I do or what elliot wave says. Dare I say it, you can make money trading exact opposite directions at the same time as long as those trades are planned- you hang on as long as your strategy says hold on, and exit when ...

GBPUSD

I'm actually waiting for GBP to turn on the dailys and looking to ride down to the 1.8300 level. I think this move to 1.8781 is its last leg before moving sharply down. It has hit its 200 period MA on 4 hr chart and an increase in momentum has not ...

GBPUSD

this reply has to do with which time frame to trade. Part of the problem with forex and how indicators are calculated has to do with the fact that certain time intervals are flat - this can also affect trendlines and when they break. 1 hour ...

Mouteki with other time frames?

heres my 400 tick chart

Mouteki Trading

on the dailys, I also have a broader move down to the 1.8325 area, whearas my signal on the weeklys up to the dec 2004 high would still remain intact. I am currently short the pair right now, but if a swing low in the 4 hour charts occurs anytime ...

Mouteki Trading

Be careful — All of you GBPUSD shorts be wary. I understand that this Mouteki system has produced a signal but If everyone can see it, you should be even more mary. Plot a 7 period RSI on the 4 hour charts and you will see a positive reversal ...

Mouteki Trading