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Alorente replied Dec 21, 2017Hello guys, I have been reading the entire thread in the past few days and I have to say I am greatly impressed by the system created by mrdfx. Time will tell how profitable the system will be, but from my past 30 years of experience I already see ...
Simple Daily Trend Reversal Trading System
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Alorente commented Nov 16, 2017Wrong... It is all about growth. Debt is measured by rating agencies as % of GDP. With a higher GDP the % will drop considerably. The dollar will soar if this plan is signed into law.
House Republicans pass tax reform bill
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Alorente commented Nov 14, 2017It has to close today above 1.1760 to consider the trendline broken. It is still early.
Euro Approaching Key Test
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Alorente replied Sep 16, 2015Hi, do you have text or manual that explains the inputs in the Forex Hacked Pro EA you posted? Thanks.
No Loss Martingale Strategy
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Alorente replied Sep 15, 2015Hi, do you have something that explains what each input does?. Most of them are pretty clear but there are some that are not. Thanks.
SWB Martingale EA (with best setting)
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Alorente replied Sep 9, 2015The real bad one is the record trade deficit for the month. GBP will need to fall to 1.40 to be able to fix that. I expect a big fall coming in the next few weeks.
Cable Update (GBPUSD)
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Alorente replied Mar 19, 2015Im sure you have noticed that the market in the end, rarely acts according to the factual news. Sometimes it even moves in an opposite direction to the news and you end up scratching your head... I firmly believe there are inherent forces in the ...
Cable Update (GBPUSD)
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Alorente replied Mar 19, 2015I am mostly a technical trader. I donīt give much importance to the news, one way or the other, even though I stay up to date with fundamentals. The chart signals an uptrend right now (In H4), so I only Buy. I try not to condition what the chart ...
Cable Update (GBPUSD)
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Alorente replied Mar 19, 2015It is not that difficult to determine direction... In H4 we had a downtrend composed of lower highs and lower lows. Yesterday we made a higher high, breaking the previous high at "A". Today we tested the broken high at "B". We now have an uptrend ...
Cable Update (GBPUSD)
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Alorente replied Mar 18, 2015In my view, I have no doubt we are in a long term bear market in GU and anything else paired with the dollar. This may be time for the much needed 61.8% retracement. EU could go to 1.22 and gu to 1.62 and they would still be in a downtrend. After ...
Cable Update (GBPUSD)
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Alorente replied Mar 18, 2015OK, thanks. Here is another way to arrive at a 1.6400 target: The potential inverse Head & Shoulders forming on the weekly gives an implied target of 1.6400. Of course, it is not yet formed, but it is a good possibility to be aware of...
Cable Update (GBPUSD)
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Alorente replied Mar 18, 2015I more or less agree with your 1.6400 target. Mine is 1.6240, which is the 61.8% Fib retracement of the 1.7185 to 1.4640 drop. How did you arrive at 1.6400?
Cable Update (GBPUSD)
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Alorente replied Mar 18, 2015Inverse Head & Shoulders neckline broken in M5. Minimum Implied target 1.4732.
Cable Update (GBPUSD)
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Alorente replied Mar 12, 2015I couldnt have said it any better. I agree with everything you said. I feel there is a "surprise" drop in USD Index coming to around 88 (Healthy correction). GBPUSD should test the recent high of 1.5550. I believe GBPUSD is in a trading range ...
Cable Update (GBPUSD)
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Alorente commented Dec 1, 2014Spoken out of ignorance. The medium salary in US is 80% higher than that in the EU.
Aging Europe needs the migrants it doesn't want
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Alorente replied Nov 24, 2014Thanks steve. Yes. That is how I thought you used it in your trading. With your description, USDCAD should have been bought at the bottom of the Control Candle box in the direction of the prevailing trend which is up. I didnīt understand all the ...
Nihilist Forex Indicators
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Alorente replied Nov 24, 2014Hi steve. Can you please explain what determines the dimensions of your control candle indicator box. Thanks.
Nihilist Forex Indicators
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Alorente replied Nov 24, 2014My system indicates a retest of 1.1460 is probable with a very possible break to 1.1630 in the next few weeks.
Nihilist Forex Indicators
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Alorente replied Nov 23, 2014I agree with you, Ferru. For me. the ideal method is to decide on the balance you want your account to reach. Letīs say you decide to increase the account to $50,000 using 100% compounding. Once that level is achieved, you withdraw every month 1/2 ...
Nihilist Forex Indicators