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birdt replied Aug 7, 2008According to the first post, he/she trades a breakout of the range which is formed during the hours posted below, which by my calculations is the Tokyo session PLUS the open range of the London session. As I mentioned in the chart above, the Asian ...
150-200 pip/month without technical indicators.
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birdt replied Aug 7, 2008No problems here lately either, although I did have a couple of issues after the Navigator update but after a restart and smacking my computer upside the head they were resolved.
MB Trading Futures - Introduction
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birdt replied Aug 7, 2008Interesting method, seems that someone got in before me with the skepticism. The issue with these systems is that there are likely to be a bunch of orders at these places and all too often a 'false break-out' will occur solely to eat these orders ...
150-200 pip/month without technical indicators.
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birdt replied Aug 6, 2008That pdf is a very useful little check sheet but unless you have an in depth understanding of the Elliot Wave theory I doubt it will do anyone much good. Attempting to use concepts that you have investigated half-heartedly or are not completely ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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birdt replied Aug 6, 2008That chart you posted is not an impulsive Elliot Wave as it breaches the rule that Point 4 cannot overlap Point 1.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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birdt replied Aug 6, 2008Ha ha! My words indeed. Now you've given over some information then maybe someone might be able to help you, but after that little tirade I am not sure who would want to. I think you can still get good advice here, if you ask reasonable questions in ...
Can anyone recommend a good daily indicator
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birdt replied Aug 5, 2008I have read the thread, but there is no apparent method for drawing the points of your forks. Andrews used pivot points, Schiff used a 50% rule, and there are other variations that follow a scientific formula in the drawing of the forks. If you are ...
Fibs and Forks
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birdt replied Aug 5, 2008I have studied and now utilize Andrews Pitchfork theory and some variations of it but I have never come across this method that you use. It could even be said that it is a little misleading to call this technique you use the 'Andrews Pitchfork' but ...
Fibs and Forks
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birdt replied Aug 5, 2008I am not sure what you are asking for, there are many different types of indicators which are designed to represent different things. It sounds to me that you want an indicator to take the responsibility of decision making because you're too tired ...
Can anyone recommend a good daily indicator
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birdt replied Aug 4, 2008No sense in adding indicators just for the sake of them - they're not Christmas tree decorations. If there is something that you want an indicator to show you - whether it be 'oversold' or 'overbought' areas, or signs of divergence (which are ...
Can anyone recommend a good daily indicator
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birdt replied Jul 18, 2008But it's like you are trading two trade management systems - it would be reasonable to assume one must yield a higher expectancy than the other, and I suspect it is the method that conforms to the 'let the profits run' axiom (remember what TRT said ...
The DIBS Method... No Free Lunch continues
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birdt replied Jul 14, 2008How difficult is it to spell 'the' or 'that' or 'this'? Do you think people are going to respect you more because you write like someone with a speech impediment sounds? Or do you think it makes you sound 'street'? Because if you do, you are wrong ...
How do you get out of your Hedge trade?
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birdt replied Jul 14, 2008That is utter nonsense. Not seeking to maximise profits (as you call it the greedy way, I prefer rational myself) in trading is absurd. If someone gave you a choice of whether you'd like $100 or $200 which would you choose? Only an idiot would opt ...
How do you get out of your Hedge trade?
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birdt replied Jul 14, 2008If you can provide one mathematical reason for hedging then surely all the flaming will stop. It's OK to hedge if you need to do it because of the psychological aspect IMO, but it'd be better to deal with these emotions head on rather than attempt ...
How do you get out of your Hedge trade?
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birdt replied Jul 3, 2008it's just hanging on 'loading account list'. I was hoping to close a couple of positions before the news in 15 mins. Doesn't look like it's going to happen now.
MB Trading Futures - Introduction
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birdt replied Jul 2, 2008Actually is was justcatalin who began this thread that started me off using what I referred to as the 'modified Schiff'' pitchfork. If you go back to about page 2 or 3 of the thread you can see he/she used them on a couple of EU charts. I regret ...
Andrews Pitchfork (Median Line)
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birdt replied Jul 1, 2008I'd say once the Hagopian/trigger line has been violated by one whole bar, in all likelihood the pitchfork is done and I will probably remove it from my charts if there doesn't seem to be any use as a sliding parallel or warning lines to be drawn ...
Andrews Pitchfork (Median Line)
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birdt replied Jul 1, 2008Just brooding. Everyone's an expert round here. Of course we're all entitled to an opinion but if you post cowboy analysis without any evidence to back it up then expect to get challenged to a duel at high noon.
Auslanco - GBP/JPY and GBP/USD (newstrade)