Hey Tiki sorry about your recent lapse of common sense. Hopefully it is the last! Otherwise I am coming in here with a paddle next time and it won't be pretty

Tiki Trader Trades

Hey Jon That bar is actually a neutral bar(which indicates indecision). The reason being the open and close are near the middle of the bar. For that to be a pinbar, picture everything below the close as not there. So basically we want the open and ...

james16 Chart Thread

that is why you have multiple brokers, and use each for their strengths

MB Trading really an ECN?

thanks for this!

Any Good Market/Forex Movies?

The volume indicator in mt4 is a measure of ticks based on that broker. There will be no accurate indicator to measure volume in forex as it is not a centralized market. Take care Mike

best indicator to measure volume

Unexpected. What can be unexpected? You enter a position, you have your entry, you have your stop loss, and you have your exit method. Price move against you and hit your stop, you are out. Price move in your favor and you implement your exit plan. ...

What's with this Anti-Hedge Thing?

Yes I agree with both, especially longer timeframes Have a go through all the sticky beginner information here. Make sure you learn proper MM ! Best of luck on your journey Mike

NEWBIE Tactics!

after much thought to this subject and finally deciding that since some failure needs to see this, I have decided to post my statement. I hope those that believe no one can be profitable because they can't now realize that they can be. Please do not ...

Why is nobody willing to post their live account statements on here?

you can reduce your risk per trade. 2% risk per trade and a 15% potential drawdown, could become 1% risk per trade 7.5% potential drawdown. Seems obvious, but to most I assure you they don't think of it like this. I am glad to see someone looking ...

Best way to reduce DrawDown

So a good spot to either look to book profit on longs, or too wait for PA to confirm as back in short

james16 Chart Thread

on the short term, or for now maybe but don't forget the overall trend is strongly down, which means, there will be bears lurking around a lot of corners :

james16 Chart Thread

One isn't really more reliable then the other. Most people tend to gravitate towards pinbars. For good reason. But it is always where these bars are appearing. As for lower timeframes, yes PA works on all timeframes, but one must understand the ...

james16 Chart Thread

Right on

whats with this "hedging" thing??

Haha I like that BUOB stands for Bullish Outside Bar BEOB = Bearish Outside Bar

james16 Chart Thread

From Fxsol Hedging with Margin Exclusions FX Solutions is one of the few FCM’s that offers hedging. This function allows the trader to be both long and short in the same currency pair at the same time without incurring additional margin. ...

whats with this "hedging" thing??

nope forex is not a centralized market Mike

Volumn indicator?

Pring on Price Patterns Market wizards/new market wizards Inside the House of Money

Recommended forex books

what he means is you treat a monthly pinbar the same as any other timeframe. So that means placing your stop at the bottom of the pin and entering on a break. Yes your stop will be 600 pts, but all that means is that you adjust your position size, ...

james16 Chart Thread

yeah there really is no standard. Some will say that having a closing bar at 5pm est is the unofficial standard (since this is when NY session ends). I find some validity in that, but in the end the charts are the charts, and price is price. If you ...

james16 Chart Thread

do you plan on making a video of that for the private side LOL

james16 Chart Thread