Recent content by misterboy

I'll try it. What TF do you use it for?

Yeah. IT would. On the 4 hour chart each period will be 4 hours.Same for all timeframes

Looks great and simple. No complicated indicators with charts overflowing with indicators.

How many pips do you go for and how many do you risk when trading using trendlines? Thanks:cool:

I dont think thats a good idea at all. Even if you used a little bit of strategy (without indicators)rather than trading randomly you would do better. For example, check the daily trend, move to the hourly, if its up, wait until it too turns down (add an indicator if u want) and go with the...

Yup. Thats very true

Sure. It was on FXSTREET.COM Heres the exact link: FXstreet.com Live Sessions Archives: Day Trading in the Forex and Related Markets: A Profitable Trading Strategy for the Futures and Forex Markets If this is not the one, jsut look through the archives. Its one from the day trading series...

Hm..how about this: open a 5 minute chart, wait for the price to reach the 25 EMA (use 50 or whatever you want), make your decision accordingly (whether it touches upward or down). And close it after it hits 1 pip. Now im not a pro so dont jump on me anyone..just my 2 cents

Heres a strategy that I got from a webinar and I've seen it works quite well. Now to make sure it works, it has to be non-trending market. So its best to trade during the slow hours. Here it goes: Open a EUR/USD charts (I like EUR/USD because I know when its quiet) and put bollinger bands with...

You guys are right. I am still demo trading so just looking at various options. I am also looking at a bollingerband system right now with the same profit target but on a 15 minute chart.

Can anyone point me towards a free software where I can backtest my strategies. Thanks.

Heres a system that I’ve used a few times and has worked really great for my 10 pip target/trade It might sound awfully similar to other strategies but what the heck Here it is: Long :- buy when the price closes above the 50 EMA on hourly chart (I think 15 min will also do) and RSI is above...

Hello. I just downloaded and installed metatrader 4. But I am not sure how to use it to back test. Can someone please direct me the right way. Thanks

Stock Investing for Dummies by Paul Mladjenovic Trading for a Living by Dr. Alexander Elder The Warren Buffett Way by Bill Miller, Robert G. Hagstrom, and Ken Fisher The Intelligent Investor by Benjamin Graham All About Market Timing. :-)