wow what a fall the euro/$ took. The move up yesterday ended at 78.6 retrace and now the fall down has done the same. Could these be the impule wave and corrective wave I have been waiting for? We'll see. As long as 1.2630 holds support, this move ...

My trades by Dave

I dunno about coding but I need to make a sugestion. I would move your #'s on ma's and indacaters to fibo #' since they hold so much significance in not just forex but the whole universe. here is a list of these. 1,1,2,3,5,8,13,21,24,34,55,89,144 ...

Double CCI Cross up for testing

sounds good. A 13/34 ma cross or a 21/55 works well on euro/$ and $chf and gbp/$ But gbp/jpy and $/jpy are different. and CCI is a powerfull indicater as well. But on gbp/jpy a 0 line cross on 1hr charts mean little. A 100 line cross back tward 0 on ...

My trades by Dave

I agree. Technicals do chase the market and a technical trader wil enter the market after the trend is confirmed. Placing a tight s/l (20-40 pips) incase of reversal. A fundamental trader sees the turn comming in advance and enters the market but ...

Fundamentals Rule!

Incase any one is wondering, I passed up a buy signal today on ewo,cci. I want to see a couple waves form first to give me a view of whats gonna happen next. I'd like to see an impule wave with a corrective wave follow it. The move up we are in ...

My trades by Dave

Yes indeed thanks northpro. I would like to point out that his post has surpast me by 15k in views, And is the most viewed one in this section. And in less time than me. I tend to post more winners, but I only trade one pair and ...

Low Risk, High Reward Trading Experiment

lol was you refering to me? every one is a critic. Just to make sure there is no confusion. My post was not to put technicals above fundimentals. Just to shed some light on why techies work. Fundies work just as well. Just depends on how one persons ...

Fundamentals Rule!

Insite to technicals... I am also amazed how they work. But they do. The best technicals...fibonacci #'s and the golden ratio: .618 are found in every thing through out the universe. From sea shells, to constilations, leaves, even charistics of the ...

Fundamentals Rule!

oil prices dropped so that is probly the reason for the stronger $. But OPEC said they won't allow it to go below 60$ a barral. Housing market is slowing too. Housing market has trends that last years So we won't see a speed up in housing again for ...

Fundamentals Rule!

The wave counter I was using is for meta3. I identified possible wave 1 and 2. I use e-wave for an over all trend direction. If you look a few pages back to the beginning of this month I posted a wave count with a previous post I quoted from the ...

My trades by Dave

what kind of wave counter? Do you meat the gartly pattern indacater? And wolf wave indacater?

My trades by Dave

cool MT4 is great I'd have never been able to type this durring volitility on MT3. Dave

My trades by Dave

actually my system was giving a sell signal. But I won't enter right befor news. Cann't trust it. Even though its usually right, if theres a wipsaw befor taking direction it will stop me out. Dave

Fundamentals Rule!

the market is crazy. Cann't belive the dive it took this morning when it just sat there idle right after news....talk about delayed reaction. Probly bounce back up on US cpi. and end up right back where it started. Making us all scratch our heads ...

Fundamentals Rule!

Not a clue really. I expected euro$ to go higher than it did this week. The other euro pairs did. Now I am waiting for next week to trade probly. I think its a 50/50 fight between bulls and bears. I need to see a large distinctive move with a ...

Fundamentals Rule!

5:10 am est...nothing as far as movement. Guess were waiting for US cpi? Dave

Fundamentals Rule!

There was an ewocci signal on euro$ on news this morning but I never trust a signal when news causes it. I don't see a signal comming for me this week. Plus I am unhappy with euro$ movement the past 2 weeks. I am going to diversify to gbp/$ and ...

My trades by Dave

omg i cann't stop laughing!!!!!!!!!!!

Okay...here it goes

price did dip 2 pips below yesterdays low but cci remains above -100 line and has pulled back. No trades. I don't get whats going on with euro$. Other $ pairs and euro pairs are making more of a move in the past 2 days. While euro$ is just hanging ...

My trades by Dave

here is current chart. If the ewo cci crosses into buy territory I will go long. If the price breaks low of 1.2672 and cci crosses -100 line I'll go short. Dave

My trades by Dave