Welcome to the forum Switch. Three weeks in to FX? I remember it well for me. I was studying, reading, studying some more, then re-reading what i just read. I did that for at least a month before i even demo traded. Then i made the mistake of ...

Help drowning in a sea of Indicators and systems

Hi Hagadol, i edited my post, Thanks for pointing that out! I meant to say A to B to C then onto the extension D. Cheers, Thom

Fibonacci Extentions For Profit Taking Targets In FX

Greetings hagadol, My FIBO tool is set up with the following %: .382 , .5 , .618 , .786 , .86 , 1.618 , 2.618 , -.18 , -.27 , -.618 , -1.618 , -2.618 Those in blue would be considered "Extensions", I.e. they are marking areas beyond the current ...

Fibonacci Extentions For Profit Taking Targets In FX

I did a search on the FF for any info pertaining to interest/swap being included in the decision making process for entering a particular currency pair/trade and this was the closest thread i could find... So here goes my Q: I am slooooowly moving ...

Interest

a 2 pip's worth ramble... — The above posts have been insightful and a pleasant read : - ) Mike, your comment on the concept of trading without "any stoploss" reminded me of my recent read & reread of B W I L C, certainly not for the faint of ...

My experiment hurts my opinion of tunnel/swing methods

This is an interesting thread as i've not traded the JPY out of self imposed fear from my reading. . . but a Pip is a Pip no matter where it comes from so i'm all ears. That said i have a Q. Nader, you stated: Could you enlighten me a bit more on ...

Trading JPY pairs

Hi TB, actually the fibo-pip-extension lines are based on the 28ema above/below no matter the trend. In some recent models the 24ema has been eleminated altogether...it's just there as a bit of a quick-look trend indicator. : - ) Thom

Vegas Weath Builder question

Greetings Monzulu, I agree with East, Ro, and Peter that it might not be the best idea to look at other's actual figures, especially for the first several years of your trading experience. My first year was a success in the educational process...and ...

pls share your journey

Great posts guys and gals ; - ) I have been utilizing the FxSol station since last June and while it took a bit of getting used to over the prior station i'd been trained on (FXCM) i'm so used to the goodies now that other platforms pale in ...

Anybody trade with this broker?

I'd have to do some more research on the subject but reading through the B W I L C book heard (i "read" the PDF file via a nice UK english female voicewith a pillow speaker under my pillow at night : ) that Leonardo Pisano, the founder of the FIBO ...

What's really behind fib levels?

Hi there, in the image below you will note that the price is playing off the "outer fib line" on the Vegas model set up for this particular currency. It has little to do with the "Fibonacci Tool" and more to do with the peculiar common occurance of ...

Vegas Method, "fib line" confusion

The chart-in-thirds method sounds similar to what i was taught and many had adapted to longer term charts. The method was called a "momentum channel". Basicaly what i would do is take the 1hr candle high and low over a 30ish day period and draw a ...

Trade decision components

Interesting indicator RoBiK, easy & quick reference as to movements without changing charts. Cheers, Thom

Mt4

LOL : Lou !!!! I just finished reading BWILC minutes before my original post and IT was what prompted my question! BWILC was a very thought provoking read, and i'm reading it through again tomorrow. Thom

Time in the Market, Beats Timing the Market? Does this work in FX??

BWILC, a real eye opener for me... — Well i'm just about through the book (about 2 doz pgs to go), calling it quits for the day but have to say that in my library of books on trading, that for me, BWILC was a real whack on the side of the ...

Trading Without a Stoploss--BHILC

I've now got the link as a shortcut in my "current reading" folder on my desktop and will go through the videos. I can tell you that Kathy Lien's book "Day Trading the Currency Market" was a worthwhile read and gives a good overview of the FX ...

Raghee Horner and Kathy Lien method

Yea, i don't want to hear that you got your arm or leg melted off in the pool of acid Scott. I'm sure the wife and kids like you w/all body parts intact...even if you've lost a few marbles over the years ; - )

Scalping is the doorway to real trading

Yea, but it is still real fun to see your "post" count go up. image And it's a Friday and all my trades are closed in profit so what's a guy to do but doodle or blow bubbles? And i've got a long way to catch up to you on posts Scott! So i gotta ...

Scalping is the doorway to real trading

Many with more exp. than myself with hopefully add their 2 pips worth, but for me studying counter-trend-line breaks after a retracement and currency continuing in the direction of the original trend has been helpful. For choosing tops/bottoms? If ...

Reversal