Democracy bites, suddenly everyone's an expert and everyone has a right to share their worthless opinion. The optimum situation would be a selfless despot in mine. They'd just get on with it, regardless what the great unwashed thought about it. ...

No Brainer Trades

Well for a start only one of those (the middle one) is actually divergence. You don't need an indicator to spot 'divergence', it is simply a slowing in the momentum of a trend (price continues to make higher highs/lower lows but at a diminishing ...

Why Indicators will help you

Do a search on Thomas Bulkowski, he has done some excellent empirical testing in various markets and has published his results. Some formations are much more powerful than others. In my experience, yes, they can be revealing but using them alone is ...

seriously do candle patterns works...

Nautilus shells are logarithmic spirals, but not necessarily conforming to the Golden Ratio as the texts would have us believe. The Fibonacci/Euclidean numbers do appear in nature remarkably frequently but when perhaps the most used example is a ...

Why Indicators will fail you

That's not stop hunting, that's just the market moving. Another lame excuse why not to use a stop loss - because they get hit. That's what they're there for, you may lose the battle but you will not lose the war (quickly) if you use them ...

how to avoid internet outage losses?

I have used a number of different conferencing and audio sharing software packages. Check out Ventrilo if all you're after is audio. There are other features on there too that you can use, but in terms of sound quality and speed of delivery it is ...

43 straight winning trades

I don't understand why this is - why this restriction on knowledge when it comes to the school of Gann? Even when a simple methodology is laid out most noobs (and even more seasoned traders) still manage to mess it up, so I do not believe that this ...

Enthran Market Timing

Me too. The Calendar here is excellent.

Admit it - your profits are based on luck

Wow, do you guys sometimes find yourselves arguing with your own shadows? Less time spent arguing about this crap and you might enhance your probability of making money in the future.

Admit it - your profits are based on luck

Thanks Hanover! Good quote, even if it was attributed to the wrong guy. To redress the balance in the forex quotation sphere, I am going to state here and now that what we call Fibonacci numbers should actually be called Euclidean numbers, as he was ...

No Brainer Trades

I think it was Milton Friedman who said 'the market can remain irrational longer than you can remain solvent.' Perhaps it is useful information if you plan to hold the trade until these two align (if they do - there are incredible forces in the ...

No Brainer Trades

Just a note to anyone interested in watching a fairly basic introduction to (or revision of) APF's, energy points, and how Tim Morge approaches trading go to the 'moneyshow' website, register for free and watch Tim's 100 min video. I recommend it. ...

Andrews Pitchfork (Median Line)

At first glance I like the 1.4040 level on EU, visible on 4H, close to 78.6fib retrace, and I still maintain that the shedding of some of the recent USD gains that we witnessed on Friday was not just profit taking but inevitable reaction to an ...

No Brainer Trades

I wouldn't say it was a bad trade, although it didn't hold at the exact spot, it has at least stalled out, and if your stop was not too prohibitive then you could still have got some profits out. The concept of using a standard 40 pip stop I think ...

No Brainer Trades

Does it? Not in my opinion. Account size shouldn't be a factor in setting your stop, rather the size of position is dictated by account size and risk. Perhaps you are talking about something I had not considered. Care to divulge?

How many pips will you set for trailing stop?

outlook on GBPCHF — Plan the trade, set alerts - trade the plan.

No Brainer Trades

Looking to this area on USDCAD for a TP/bounce. Not the most significant of levels but I reckon it should be alright at least for a few pips. Good confluence of 78.6 fib and round number adds impetus to the argument. I detect a reversal on the cards ...

No Brainer Trades

My advice would be to read over the pdf again if you haven't already done so and take a look at the examples that BRV and Ironman have offered. You only need to take the best ones - the more you try and force it, the less likely they are going to ...

No Brainer Trades

Hey Pecs, didn't mean to shoot you down like that bro, just saying is all. It's definitely been a level of some significance, I'm not disputing that - just not certain that it qualifies as a no brainer. The level has reflected price a number of ...

No Brainer Trades

Stick up a chart pal, I don't see anything really shining out from that level -147 flat looks better to me, plus a 50 fib retrace and the round number it's worth marking out. One issue I have with it is that it is not clearly visible on the daily. ...

No Brainer Trades