Hi Does the EA trade real money automatically for you, even when you are sleeping? Would you say the optimum TF for the EA is the 30 minute? May I ask why the EA is set to the 62 ema high, low, and close? Does that mean it opens 3 positions? Thank ...

Using the DASR for successful trading

Please enlighten us with the missing element GS

Using WM/Reuters Benchmark Rates in trading

hi GN Thanks for sharing Great thread for me and others who had no idea these benchmarks even existed. SC

Using WM/Reuters Benchmark Rates in trading

if you go on H1 TF and put in the Bill Williams Alligator, you can see the waves clearly. Then add Fractals. It's beautiful. As the price consolidates, waves 2 and 4, it gets intertwined with the alligator. When the trend resumes the UP fractals get ...

Elliott wave for beginners

Hi Big A I exited my last position as I needed to stop for a total of 110 pips. GJ moves really fast! I will trade the next time with as much care and patience....that's difficult for me as I am quite impulsive. I have no problems entering, but that ...

Every system can work

hi Big A I did a CCI H4 trade- sell GJ - net 60 pips I made sure price was below 50 SMA on H4 while CCI was above +100 on H4. I waited for trend to resume, however, getting in early as usual, I put my trade to B/E ASAP, and then got back in 3-4 ...

Every system can work

UJ is carving out a Wave 4 triangle on the daily chart, whereas UC just finished its 5 waves up, do you think, pls feed back thx

USD/CAD

Hi Do you mean 1.1872?

USD/CAD

thank you so much I shall start my trading day anew

Every system can work

Hi Big A I now understand why the trades did not work. The bigger trend was overlooked, and I did not confirm that the trend has resumed. I blindly entered upon the CCI being over/undersold. Stop loss was useless. May I ask: 1. If the daily trend is ...

Every system can work

Hi Big A I posted before I read your last post. Thanks for your analysis and for confirming that price needs to be above 50 MA to be bullish. Also I got the answer I needed about time frames, which has been quite confusing for me. I have always ...

Every system can work

Yes, I will redefine what kind of a trader I am and want to be. It's difficult to turn it inwards. Trading has been a most fascinating and emotional journey for me, but nevertheless I am still optimistic. I did not know that oscillators were more ...

Every system can work

This recent GJ buy trade did not work out for me. This is what happened. I guess the trend changed

Every system can work

Hi Big A Your questions are thought provoking 1. On the 4 hour I noticed sometimes that a better entry is when the CCI crosses back above -100. (On uptrend) On the 1 hour I noticed that there are several divergences on the CCI before the price ...

Every system can work

Hi Big A I have tried this strategy many times, but I am unsuccessful 1. on 4 hour chart, use 50 SMA to find the trend 2. If trend is up, buys only when CCI dips below -100. V/V for down trends. 3. Exit when CCI goes to the other extreme I often get ...

Every system can work

There are many complex corrective wave types. They will not help you trade, except in the current price action. For example, wave 2 is usually a simple zig-zag, so you would trade the break of that trend line. Often there is divergence accompanying ...

Elliott wave for beginners

I love Elliott Waves. I know a lot about them, but trading using EW is very difficult. My favourite is Bill Williams. elliottwaveinternational.com's Jim Martens and Jeffrey Kennedy are excellent. Sid Norris from elliottwavepredictions.com is good ...

Elliott wave for beginners

I subscribe to Jarratt Davis as well. He defines what are some of the more important fundamental events of the week and then suggests confluence zones to watch for. Very helpful, well thought out, and expressed in a way that anyone can understand.

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SRT thanks for that chart It illustrates S/R nicely!

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Hi Fez I'm already getting separation anxiety I hope someday I can have the mental discipline to trade the way you do. This instant gratification of taking profits is a temporary fix, but not what I really want. Thanks for everything. Look ...

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