Expensive is only relative to your income......

Advice Only. 1 Liners Concise.

TheHedge, I personally use the break of the peak of the average line.....I rarely even have any bars on my charts...only 1 line...the average price Hope this helps. I also like Kevin have been absent for a few weeks and the reasoning for me was very ...

Peaks and Valleys (Trading Naked)

Thexder, Again, You seem to be fixated on the "non-normal" times of E/J pair. There have been and always will be times in any trend following system where it gets whipsawed and that is simply part of the game....nothing you can do about that. ...

Peaks and Valleys (Trading Naked)

Anybody else get all of these great signals — Hi All, Once again this method is ringing the cash register in a BIG way. I may be hard headed about discussing the merits of trading this way, but it is hard to argue with results. I was just ...

Peaks and Valleys (Trading Naked)

Thexder, first off, I have been through where you are at mentally...trying to rationalize this or that system......I went through that about 15 years ago.....What I am telling you is that if you trade this system on a 4hr or higher timeframe using ...

Peaks and Valleys (Trading Naked)

Hi All, I just want to throw my 2 cents in here if I may. I would like to address all of the intense scouring for a way to cut out whipsaws, get the perfect entries, perfect exits etc. etc etc The part that a lot of guys seem to be missing is that ...

Peaks and Valleys (Trading Naked)

JustCatalin, Move up to a 4hr chart and see if you notice the difference. MUCH clearer picture with the larger timeframe. Many Pips, Swingtrade65

Peaks and Valleys (Trading Naked)

Jared, You are correct, it says that there are 3 sections. I have decided however to not publish the 2 other sections. I think it is extremely important for each trader to design their own trading system within the framework of "Peaks and Valley". ...

Peaks and Valleys (Trading Naked)

Peak/Valley spreadsheet — Hi All, I have been trading with peaks and Valleys for quite some time now and find it to be the most effective method of trading out there, if you will let it be. I personally keep a spreadsheet of several pairs. It ...

Peaks and Valleys (Trading Naked)

ATR — You can also use the prior peak plus some multiple or fraction of the ATR for a stop as a way of dealing with the spikes above the peak.

Peaks and Valleys (Trading Naked)

Hey SL, anyone who thinks the bigger timeframes don't drive markets has their head in the sand....when I traded for a proprietary trading firm several years ago, my std lot was 400 CME currency contracts....you simply can't move those on a 1 hr ...

james16 Chart Thread

Hey Raczekfx, who is this mystery man with the system that you are talking about?? You don't really expect us to believe that this mystery man would really sell the break at every level like that and just keep adding until it gave him a reason to ...

Peaks and Valleys (Trading Naked)

Hi All, Just a thought about the pin bar failures.....in my opinion it had more to do with the fact that those pairs are in the middle of severe downtrends driven by much larger timeframes...go check the weekly and monthly charts.... I just prefer ...

james16 Chart Thread

Yeah raczekfx has a way of doing those things...I emailed him yesterday to make sure he already had them short so he wouldn't mess up the 1500 pips in open profit I had in the crosses....I guess he just HAD TO DO IT.......

james16 Chart Thread

I am in complete agreement with the automated trailing being a load of Hooey....The we are in agreement after all...

james16 Chart Thread

Hey SL, the really cool thing about trading is that it is indeed such an individual endeavor.....what has been your experience and works for you can be totally different from how I trade and as long as we both make it work for our style.....thats ...

james16 Chart Thread

I agree with the TP if you are trading multiple lots and are going to let one go in a trend following mode.....that makes perfect sense.....I just notice that a lot of folks are taking their profits when there is so much more to be had.......this is ...

Peaks and Valleys (Trading Naked)

Hey Melpheos, I would like to offer my opinion as to why I disagree with the TP. When you limit your profit potential you are forcing yourself into a position where you have to be right much more. Everyone seems to get to caught up in these 30 pip ...

Peaks and Valleys (Trading Naked)

Hi All, I still sit here day in and day out reading all of the posts in this thread and one glaring point keeps popping its head up. Why is everyone so adament about picking "targets" and exiting their trades at this predisposed point. If there is ...

james16 Chart Thread

Tiki, You CAN and WILL pull these trades off if you discipline yourself to do so......One of the ways that I trained myself to do this is to take the trade off the 4hr charts and set my stop.....I then wait until the end of the next 4hr bar to look ...

james16 Chart Thread