I'd be interested to hear from any of the James16 traders what the predominant timeframe is they like to use, which one is most focused on for their training?

VHands Trading Simulator

When you have the Objects list open, highlight the "fibo" line and click "edit". When the editing box opens, don't do anything...just click "ok" and that will become your default fibo model. Whenever you stretch a new fib it will reflect the ...

Indicator Free Trading - Skunny

Well, I found out one thing. I'm much better at discerning price action on a four hour chart than on the one hour chart. This is too cool.

VHands Trading Simulator

Thanks for these instructions blueruby. I had this stuff all installed last night but had no idea what to do with it until your thread here. Thanks for making it plain for us. Now if I can just figure out how I'm ever gonna get away from this ...

VHands Trading Simulator

Looking at historical crosses in Metatrader, MAs, Stoch, RSI, whatever is deceiving. If the bar is already closed it can show a different picture than while the bar was still active. In other words, crossed indicators on the current bar can always ...

the key to the mint

Sorry, I wanted to ask if noise weren't factor whether we believe trends are "real" or not? I just thought noise was one of the occupational hazards of trading.

Bash that system!!!

We hope there's a tug of war, otherwise there would be no volatility...hence as you imply the price would just go straight to where they wanted it. The volatility provides our chance to enter the market- it's just up to us to figure out who will win ...

Bash that system!!!

In all seriousness, if banks are just reacting then you have a plausible theory. But I tend to think otherwise, that banks, in combination with governments have a vested interest in controlling the value of their respective currencies to the extent ...

Bash that system!!!

Well now you just burst my bubble. If there's no trend then I have no friends in trading. Just say it ain't so, so I can bring myself to trade another day.

Bash that system!!!

I'm not a huge MA fan, but isn't the principle that when certain MA's cross it shows the establishment of a new trend- i.e. the new direction the market has taken, however badly it lags, tends to remain the direction the market will continue to go- ...

Bash that system!!!

Dow "officially" entered a bear market on Wednesday, according to this guy's explanation of Dow Theory.

Daily GBP/JPY analysis

Valid point. I have a tight stop on my long. Just like I did last year. I won't try to "force" history to repeat itself.

Cable Update (GBPUSD)

Maybe learn from history here? Lots of people on Thanksgiving last year thought the first surge on cable had hit "top". Have a look. Of course, we're looking at a completely different pattern this time...or are we?

Cable Update (GBPUSD)

Check out GBPUSD on the day after Thanksgiving last year... nice volatility that lasted into December....

Simplicity is the Key

You're welcome.

Closing all trades?

You sure you opened the right ea? I don't have those on mine. I have a tab called "Input" with the default profit set at "30". You double-click it to set whatever whole-dollar figure you want it to close at.

Closing all trades?

This EA will allow you to set all of your orders to close at a predefined dollar amount (profit or loss).

Closing all trades?

Boy, I remember it too! I was sitting long on both euro and sterling...still wet as I could be behind my ears (it's still pretty damp back there). Friggin' market went ballistic in the middle of the night- I watched my candles melting UP! Next trade ...

Thanksgiving Trading!

I think based on this, the Japanese are playing heavily in the markets right now.

Breeze....Update on GBP/JPY

Roughly 650 pips above us.

Auslanco - GBP/JPY and GBP/USD (newstrade)