I don't know... probably at least a few weeks.

Nearly Naked (Simple Trades)

Agreed, but I don't base my trades on fundamentals. I figure that the traders who move the markets (certainly none of us guys) have already based their decisions to include the fundamentals. I just interpret what I see in price action. How far down ...

AUD/USD

Yes, that is just above a strong resistance line

Nearly Naked (Simple Trades)

Keep it simple — I like to keep my charts pretty simple, just candlesticks. A clear signal for position traders on the AUD/USD on Monday was the sell signal on the weekly chart... solid up bar and solid down bar the last 2 weeks (referred to ...

Nearly Naked (Simple Trades)

AUD/USD going down — I'm surprised nobody has mentioned the obvious reversal signal on the Ozzie... the weekly chart gave us a classic sell signal at the end of last week, as can be seen in the attached pic.

AUD/USD

Quick update... — As the markets have been moving in a sideways channel the last month or so I've not posted any trades. I have only seen a couple at all, both on the AUD/JPY pair... but being away I missed them. They were on the 16 & 17th ...

Swing Trades using Price Action

As far as I know all brokers will accept offshore companies as clients as long as you supply them with the paperwork they require. They may require acceptable I.D. of the trader (photo id, eg... passport), the company (Memorandum of articles etc), ...

Brokers accepting Panama Inc/Foundations

Correct Loophole... I was not watching that chart myself. The eur and aud trades from 2 days ago stopped out

Swing Trades using Price Action

Stopped out on the usd/cad trade for a 100 pip loss. On my personal account I had closed the trade out in profit yesterday when I entered the eur/usd & aud/usd trades because with those trades I was hedging the usd. The other factor is the ranging ...

Swing Trades using Price Action

Nope... the doji candle never had a lower wick long enough and as you pointed out... no trend.

Swing Trades using Price Action

Loophole... As stated in the rules... the long wick must be at least ⅔ of total candle length. If the long wick is below the body then its going to be a buy trade and if the long wick is on top of the candle then it's going to be a sell trade.

Swing Trades using Price Action

Hi Dave... the trend appears flat in your screenshots, however 2 days ago when the qualifying candle closed the trend lines were both pointing up, but now with 2 bearish candles the trend is flattening out. Maybe we should use a longer period MA to ...

Swing Trades using Price Action

No trade... the candle body and upper wick are too long (or lower wick is not long enough).

Swing Trades using Price Action

SIMPLE... — For example of simple... I have posted 3 trades in the last few days and one of those is down 35 pips... HOWEVER the other two trades are up a combined 110 pips.. a net 75 pips plus on those 3 trades.. if I was tired, nervous, ...

Swing Trades using Price Action

Come to think of it, a simple system should never be coded into an EA. Simple sytems are for simple people... and we (who are simple... or CLEAR thinkers) are the traders who are hopefully part of the 5% ---- !! I did High School in the early 1960's ...

Swing Trades using Price Action

I'm sure something as simple as this could be coded as an EA... any takers? I don't write code, but I do know how to trade I think.

Swing Trades using Price Action

AUD/USD & EUR/USD Buy trades — There are 2 trades I can see today based on daily rejection candles at the close of trading EST (New York). BUY aud/usd - 0.8081 Stop - 0.7977 TakeProfit - 0.8279 BUY eur/usd - 1.4082 Stop - 1.3978 TakeProfit ...

Swing Trades using Price Action

Juicyt is correct — JuicyT is correct... below the bottom wick (of the qualifying candle) on a BUY trade, and above the top wick on a SELL trade.

Swing Trades using Price Action

Buy trade USD/CAD — I've been away from my computer so missed a BUY trade entry today. BUY usd/cad - 1.1539 Stop - 1.1439 TakeProfit - 1.1739 As price is still close to the entry (only 30 pips above) I consider it still to be a good trade, as ...

Swing Trades using Price Action

If the EA works best in consolidation periods, why not just use it outside the London/New York sessions? Just run it in the Asian session.

Semi automatic EA (Driven Version)