Cheers for the info. I'm gonnna try try this method as originaly stated by Peter Crown. Im in UK (you probably guessed from the avatar) so I can follow the opening few candles without getting up in the middle of the night.

The DIBS Method... No Free Lunch continues

Hi, I haven't looked into this method b4 but I like the combination of mechanical and discretionary trading involved. (It seems to me this is neccessary in any trading method). Anyway when applying the method to the 4hr charts do u guys still use ...

The DIBS Method... No Free Lunch continues

Go Jerry! Go Jerry! Go Jerry! Go Jerry!

Admit it - your profits are based on luck

Its just a catchy way to identify potential support or resistance. Which I'm sure we all agree exists.

Admit it - your profits are based on luck

Why do you lump 123 pattern in with the "voodoo" stuff? I can see the logical use of anchoring behind the concept.

Admit it - your profits are based on luck

Why move the thread? — Come on guys I was trying to have a serious discussion here so why move the thread to the Rookie section? Just cause its not a serious title doesnt mean it can't generate a decent thread. Anyway I looked at the Wiki link ...

You cant bs a bs-er.

You is a daawwwwg!

Admit it - your profits are based on luck

You could consider a water based cooling system for your computer. I believe they are a lot less costly than they used to be.

Great EA. Anyone interested in forward testing?

Yo tdion chill ya boots son. You lot are really twistin me melon! To get the thread back on track. Admit it-Your pfofits are based on luck. Do you believe it is possible to confidently state the success rate of a system/method. If your premise is ...

Admit it - your profits are based on luck

Say it aint so mister. You got the programin' minerals. I just know it.

Transition from Losing to Winning

Thats just a picture with colourful lines on it.

EURUSD

Guys, copying the strategy is no big deal. Phil could dump all the indicators and still make profitable trades. Its not as if anyone can "copyright" moving averages or a mathematical indicator anyway. The beauty of this thread is not in the ...

4 Hour Strategy (MACD)

Even at the large scale there has to be a great deal of uncertainty. A trading desk at a bank may be able to move prices minutely but doesn't know whats going on in other institutions or in the long trem. I think we often over emphasize just how ...

Admit it - your profits are based on luck

maybe not then!

4 Hour Strategy (MACD)

Resistance seems to be forming on EURUSD just below yesterdays low. (This is the 15 minute view) looks like it could well hold for a continuation down.

4 Hour Strategy (MACD)

If he thought trading was luck in the simple sense of the word he wouldn't do it. I think tdions' point is that we should view trading results as a probability function. However one trade in isolation cannot be assigned a probability. Returning to ...

Admit it - your profits are based on luck

I'll drink to that!

Admit it - your profits are based on luck

I agree with you to a point but trading is gambling. Wikipedia defines gambling as, "wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods." ...

Admit it - your profits are based on luck

Yes my mistake. I was refering to Saul of Tarsus, and the road to Damascus story. He unlike Jesus was likely to have existed. I have had crises and never prayed to any feeble God that any man could conjure. I find your assertion that I would ever ...

Trading In The Dark