Hi Steve, Im assuming that you noticed the falling three method that formed here (not exactly, since there are only two candles in between). That could suggest further selling. Although I agree, there is support right at the current level and ...

Steviet's Live Trades!

Try this one

Average daily range in pips

Hi, I haven't forward tested this yet, so I dont know if it repaints. Just by looking at it, it looks good though. I would assume that it doesn't if it's something like CCI or MACD. Well, I'm gonna have a look at this over the next week and will let ...

London Calling . . . Various strategies focusing on London Open

Thanks for the link, I'll definitely have a look at this over the weekend.

Momentum Bars

I completely agree with brentmack. A moving average system depends on trend following, and if you have a take profit that is less than the stop loss, it is a sure way to lose money in the long run. Instead of waiting blindly for two lines to cross ...

The Pouria Method

No need to predict anything at the moment. Just wait and see what happens next week, and react. Have a good weekend

Daily GBP/JPY analysis

Here's a piece of information from Saxo Bank's analyst: "FX strategist Kristian Siggaard-Jensen says it's "crunch time" for Asian carry trades ahead of Monday's Asia-Pacific session, and the key level to break is 116.80 in USD/JPY. "We are looking ...

Daily GBP/JPY analysis

Ok I think I understand. But in that case you need to be prepared to handle drawdawn of >1000 pips at times, and it may take a very long time for you to recover this. For example if you had a short position opened in october or november 2006, you'd ...

Daily Cable Analysis

And here is the indicator

London Calling . . . Various strategies focusing on London Open

As far as the FX Fish goes, here's an indicator called RAVI FX Fisher. It gives pretty neat signals once a breakout occurs outside of the horizontal lines. It could be a really good filter for breakout strategies. Hope you like it

London Calling . . . Various strategies focusing on London Open

So do you just keep two trades open in opposite directions and close one as it reaches the top/bottom and wait for the other one to reach its target? The obvious question then is, if you know when the price will reach a top or bottom, why bother ...

Daily Cable Analysis

Awesome, let us know how that goes.

Momentum Bars

Alright, now I get it. Thanks for clarifying!

Momentum Bars

Check these out, they all appear to be very similar.

Momentum Bars

I think that's exactly what this guy is using. It looks sweet. But 1300$?? Damn! Thanks for the link

Momentum Bars

Actually in 98 those were the carry trades unwinding. Geore Soros' week was in 92.

Daily GBP/JPY analysis

Pivot Resistance/Support indicator

London Calling . . . Various strategies focusing on London Open

This is not directly related to LO, but here's an indicator called Pivot Resistance/Support. The price seems to obey it often enough, and can be either used as a reversal point or a breakout. Take a look

London Calling . . . Various strategies focusing on London Open