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Rsi Breakout
in
Experienced Traders
Nov 25, 2009 at 11:17
finally we see some movement.we'll probably see some new highs today in both the eur/usd and the gbp/usd.
inverted head and shoulders, anyone?
in
Experienced Traders
Nov 25, 2009 at 11:16
the move completed, and although it wasn't perfect, it was still possible to get about 180 pips from this move.
ECN Live
in
Trading Systems
Nov 24, 2009 at 22:57
not sure i agree with your statement completely. they're probably the biggest community of traders, but who said they're experienced? i only see there traders claiming to trade, but i don't see any real results, unlike here on myfxbook.
Rsi Breakout
in
Experienced Traders
Nov 24, 2009 at 20:08
the market practically didn't move today - i hate it!i guess everybody's waiting for tomorrows jobless claims.in the mean time i'm just looking for trade setups..
forexeabuster
in
Trading Systems
Nov 24, 2009 at 20:07
not sure why's everybody here quick to yell 'scam'?he does in fact states this is demo. and as we all know, you could be making millions with a strategy in a demo account, while loosing your shirt with the same system with in a live account.
Rsi Breakout
in
Experienced Traders
Nov 24, 2009 at 11:32
looks like the eurusd is ready to resume it's uptrend.take a look at the previous candle, like before, it signals a possible up movement, so trying here a long with a stop just below the previous candle's low, and the target is the resistance of the channel.(4h chart)<a href=http://www.myfxbook.com/files/biz0101/45.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/45.png /></a>
Rsi Breakout
in
Experienced Traders
Nov 24, 2009 at 10:56
missed the entry several times, but got in with another long near support levels.<a href=http://www.myfxbook.com/files/biz0101/44.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/44.png /></a>
Which broker could You offer?
in
General
Nov 20, 2009 at 16:14
i would stick to Oanda and IBFX/Alpari.
inverted head and shoulders, anyone?
in
Experienced Traders
Nov 20, 2009 at 16:11
yeah, maybe 😄i'm still keeping an eye on it, looking to see if it completes as expected.need to spot some more of these occurrences, to see what's their probability.if you find something similar, feel free to post it here.
Rsi Breakout
in
Experienced Traders
Nov 20, 2009 at 12:09
closed the eurusd position for +80 pips.the gbpusd is going down currently, but i'll try another long at the next support(original trade still open).
Rsi Breakout
in
Experienced Traders
Nov 19, 2009 at 17:57
trying a quick short on the eur/usd, aiming for the support:<a href=http://www.myfxbook.com/files/biz0101/43.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/43.png /></a>
Rsi Breakout
in
Experienced Traders
Nov 19, 2009 at 14:08
trying a long position in the gbp/usd.here's a 4h chart:<a href=http://www.myfxbook.com/files/biz0101/42.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/42.png /></a>looks like it's going to continue the uptrend and break upside.stop-loss and target are not set yet, will see how it develops.
AnyTime v1.4
in
Trading Systems
Nov 19, 2009 at 08:23
well, why do you test it on a live account? as you might have noticed, mine is on a demo.so far, after all of my tests, i've just found how to slow down the margin call, but can't find a way to eliminate it.
Rsi Breakout
in
Experienced Traders
Nov 19, 2009 at 08:07
just exited the eurusd at breakeven, too bad as it was developing nicely.the price failed to brake resistance, and now looks like it's heading down.will wait for another entry.<a href=http://www.myfxbook.com/files/biz0101/41.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/41.png /></a>
AnyTime v1.4
in
Trading Systems
Nov 19, 2009 at 07:27
hi jriechers!no, i'm don't share the ea - it's still being developed though.i haven't had enough experimenting when going against the trend - that's why it worked so well; so far the trend was overall up.
inverted head and shoulders, anyone?
in
Experienced Traders
Nov 18, 2009 at 22:55
hi darren, thanks for the comment.i haven't made the trade yet, just something that i'm exploring. i don't really like formations like shooting stars, dojis or any of the several candle patterns - i just find it too random.the right shoulder is too low if you look at it horizontally, but as i've shown in the image, the head and shoulders formation is occurring inside the downtrend channel, so if you were to look at it after rotating the channel to be horizontal, you would see it's a perfect head and shoulders formation.just testing it though, i really hate making trades aga...
ECN Live
in
Trading Systems
Nov 18, 2009 at 22:49
yeah, i really hate those guys..i was also posting there some time ago, started to talk with someone about another website, and guess what? i've been banned also - no warning of any kind.never gonna go back there..glad to have you here! 😄
inverted head and shoulders, anyone?
in
Experienced Traders
Nov 18, 2009 at 19:45
just a follow up - i've noticed a very interesting symmetry, and i'm eager to know how it plays out! take a look and let me know what you think:<a href=http://www.myfxbook.com/files/biz0101/40.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/40.png /></a>
Rsi Breakout
in
Experienced Traders
Nov 18, 2009 at 14:01
Jenks, this is a correct observation.whenever i have a wide channel, there is a natural support/resistance going right through the middle of the channel:<a href=http://www.myfxbook.com/files/biz0101/39.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/39.png /></a>my theory is that price only moves straight when there are no support or resistance blocking it, or else it will just move to the next support/resistance area.so that's why i will exit at the nearest major resistance (if we get there).
Rsi Breakout
in
Experienced Traders
Nov 17, 2009 at 12:53
great.moving to my next trade - looks like an excellent setup in the 4h, eurusd :<a href=http://www.myfxbook.com/files/biz0101/38_hK.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/38_hK.png /></a>as you can see, the entry point now lies on a double support - the support of the primary channel, and the support of the broken secondary channel (resistance becomes support and vice versa) - which increases the probability of this trade.take profit is the resistance of the the channel on the daily, and sl is about the the same distance as the take profit...
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