- Search Energy EXCH
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steve2010 replied Jun 21, 2016Just noticed my charts dont line up with Davit's either, gonna have to dig through the thread now and find those settings. Broker candle is set to true, start and open time are set to the default
Pivot Trading
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steve2010 replied Jun 21, 2016EURGBP at 768, reacting to the S78 level. Some divergence on the indicator as well. Pin bars on the bull side are keeping me on the sidelines for now. Awaiting confirmational break, TDI cross over, and the US open. image
Pivot Trading
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steve2010 replied Jun 21, 2016USD/ZAR reacting to S61 level, most of the commodity pairs are slightly overextended right now and oil is turning lower so this could be a good long entry, awaiting candle close and start of US session to assess market sentiment before getting in ...
Pivot Trading
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steve2010 replied Jun 20, 2016Crude oil might hit a wall after this marathon run upwards, if it begins to show weakness its time set sight on those commodity shorts. Took short NU earlier, a bit premature, but fortunately I've learned where to put stops... image
Pivot Trading
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steve2010 commented Jun 3, 2016@z.abideen 1) Forex factory's calendar section has all the data a few seconds after the release, however most of the big banks and hedge funds have computers that automatically read the news release and make trades within milliseconds of the news ...
The US Employment Situation - May 2016
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steve2010 replied May 30, 2016This is amazing stuff... I looked over a few daily charts and my mind is just blown. Trading can really be this simple. Thanks for sharing!

Pharley Simple system - Get your levels right for trading S/R
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steve2010 replied May 30, 2016Looks interesting, I see you're using TDI. Although I do believe that it is a great indicator, I'm not sure about how useful it is on short time frames (or how useful any indicator is on a short timeframe, actually). Can you explain in more detail ...
A very simple system - trade with arrow
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steve2010 replied May 30, 2016That's probably too small of a target, since the spreads on most brokers will be far larger than that. Also I'm not sure what you would set SL too then? If you can find a broker that will offer spreads lower than 0.4 pips on the very volatile ...
Small Pip Target
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steve2010 commented May 11, 2016Stocks prices are a bit different, because they are more easily predictable. Weather patterns, fuel prices, earnings reports, etc etc can all be modeled using neural networks to yield good predictions of future prices. These are not generic ...
The computers have won, and Wall Street will never be the same
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steve2010 replied May 6, 2016Sounds good to me.... subscribed. What kind of unconventional indicators do you have in mind?
High Reward to Risk Trading
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steve2010 replied May 2, 2016I am always extremely skeptical of indicator based trading systems, however I always take the time to backtest systems I find here on FF. So far I'm impressed - I ran a backtest on 4H charts on USD/CAD using your system, and the results show 29 ...
Lower risk, stress free TDI system
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steve2010 replied Apr 30, 2016Can you elaborate a little bit on the details of what you want in the indicator, and post an example chart or two with the whipsaw count?
Whipsaw counting range indicator
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steve2010 replied Apr 25, 2016Put it the indicators folder instead, then it should work. Also make sure to restart MT4 after you put it in. Hope that helps
Simple, proven and profitable S/R system
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steve2010 replied Apr 25, 2016image Entered long here too, price turning at the EMA 21, we got some nice price rejection from last week Thursday's candle, and the previous resistance level now acting as support. Might see some short term pull back depending on what the oil ...
8-5 job, no bullshit daily technical system
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steve2010 replied Apr 23, 2016Yes, I'm using some similar concepts. I'm still experimenting with it, since applying it in real time is always a lot trickier than it seems, but it seems to work well, and most importantly it reduces your overall risk by ensuring that you don't ...
8-5 job, no bullshit daily technical system
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steve2010 replied Apr 22, 2016This system is pretty direct and no-nonsense, which is fantastic. Daily charts are almost certainly the best way to go, whether you're a part timer or not. Less noise, more predictability. I like how you use the moving averages for S/R instead of ...
8-5 job, no bullshit daily technical system
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steve2010 commented Apr 18, 2016@AussieForexM Well said, I couldn't agree more. Most of these indicators were developed in the days before we had computerized charting, and as such the formulas employed in them are highly oversimplified in order to make it possible for the math to ...
MACD: What you need to know
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steve2010 commented Mar 30, 2016@hatzius I think you may be right.... (laughing). We've been seeing solid ADP numbers from the US for a while now, in spite of other signs and warnings of a slow down, perhaps Uber is responsible.
ADP: Private Sector Employment Increased by 200,000 Jobs in March
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ZAR/JPY extreme volatility - anyone seeing this?
Started Feb 15, 2016|Trading Discussion|2 replies
As the title says {image} Anyone know what could be causing this?
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steve2010 replied Feb 3, 2016I'm not entirely sure whether I'm using this system correctly, but so far I've taken about 5 trades from it, using USD/JPY, AUD/JPY and EUR/CAD, and its looking pretty good so far with 4/5 trades won and the last one a breakeven that I closed out ...
The Paradox System