Hi, what box size and reversal should I use for weekly charts? Thanks Where can I get decent point and figure charts for forex, indices and commodities? All the mt4 indicators I have seen use up way too much cpu or just plain crash of their own ...

Nearly Naked (Simple Trades)

I just tried a demo of the AVA Trader platform demo. What a load of crap. I'm just trying their mt4 demo now. Edit: Oh yes, nice mix of forex and cfd's on a good platform. I'm signing up for this one asap.

Silent Service Method

Great, thanks, I'll have a look.

Silent Service Method

Perfect. What about the box size and reversal for a weekly chart and would you just need to check the chart at the end of the week and trade if a signal has appeared or would you monitor it during the week to check for a new signal? Is it possible ...

Silent Service Method

Do you think they are better for longer term trading? I'm thinking of weekly charts.

Silent Service Method

Found this in a book about commodities trading. "In this game the market has to keep pitching but you don't have to swing. You can stand there with the bat on your shoulder for six months before you get a fat pitch." - Warren Buffet. Nice. Does ...

Silent Service Method

He was a funny guy. Fortunately that type don't last too long here.

Silent Service Method

Maybe you don't like trendlines because you haven't learnt how to draw them properly. There's a definitive method that not many people on this forum know about. (this IS sarcasm and you need to read through about 10 pages ago to get the masterclass ...

Silent Service Method

Oh no, it's a simple business model, they take your gold, pay you 75% of it's actual value then melt it down and flog it as gold "bullion" for 125% of it's actual value to "savvy" investors who they convince that gold will always be a good buy at ...

Silent Service Method

Regarding the gold trendline, I would expect the trend to get steeper. That price action with a decreasing trendline and especially last weeks big push below it suggests to me a weakening trend or at least some uncertainty regarding the direction. ...

Silent Service Method

No worries. Not a bad week this week. I'm still in all three trades as above, usdsgd, eurgbp and gbpchf. All gone in the right direction this week. I'm not going to add on to usdsgd because although it's made a nice move into profit it's approaching ...

Weakly Trading

According to their website it's 3 full lots minimum trade size. It's for pro's you know!

Silent Service Method

Really good answer, thanks. That's why I love this thread.

Silent Service Method

Is there much benefit to a long term trader of using an ECN broker? Just been reading a few (more) trading books and I know it's obvious (or should be) but if you routinely trade 10 lots you're paying your broker $200 for the privelidge before you ...

Silent Service Method

Isn't it very indicator based though? You can't really program an automated system for trendline and horizontal s/r analysis can you?

Silent Service Method

Each to their own I suppose. That bottom trendline is definitely not a strong one so you could easily disregard it and parity looks more likely. I just like to be aware of the possibilities of trendline s/r. Although the ma's on your chart caught ...

Silent Service Method

That's my kind of day out.

Silent Service Method

Actually I can see the value for stocks and futures.

Silent Service Method

Has anybody got any thoughts on TradeStation? I'm reading a book which mentions it and just took a look. It seems to me an expensive hobby, pay for the platform, pay for a strategy, no guaranteed return.

Silent Service Method

Still don't like trendlines? I seem to remember I spotted this one just before Chris did. For me it just "feels" right for it to reach that bottom trendline and reverse. I'm not in the trade at the moment so I can afford to speculate on a hunch!

Silent Service Method