Recent content by da-net

if by "diagonal line" you are referring to a trend line, that function is built in and can be drawn on price action or any indicator.

Re: Gold Continues To Turn To Dust For Retail Longs Thank You bar jon for removing his advertising link from his sensational headlined post! Mr. Soloway, Since when is a 10% price retracement a "collapse of gold"? I don't think so! if you will show me how the current retracement is...

I like your rule ideas! Recently (can't remember where) I read a study that found most traders can't tell which way the market is going. So how about a couple filters; Use a SMA on 4Hr charts to confirm what stage (Weinstein) the market is currently in; position of SMA relative to price (above...

From reading the article I believe that there were quite a few rules left out or not explained enough...position sizing & your trailing stops that allow too much profit to slip away. As to your losing trade (AUD/USD buy) being a small loss of 57 pips...Did you check the charts? At no time during...

Jason, I appreciate the answer. I have never seen spreads that wide with other STP/ECN brokers @ that time of day, even on Wednesdays when traders close positions to keep from paying the extended swap or during the JPY unwind a year or so ago and that was extreme volatility So that leaves us...

jason, just looked @ my wife's fxcm platform and the spreads as i type @ 5 pm est ; GBP/USD 16, USD/CAD 20, EUR/USD 14...that's enough examples, you get the idea what gives?? edit: correction USD/CAD just went to 28 pip spread

I have seen where the prices can be both a blessing and a curse from FXCM, sometimes traders gain a little sometimes they loose. Where I have a problem with FXCM is their support. case in point; my wife has a little micro account with them and one day a couple weeks ago (best i can recall) she...

oiltanker, i agree completely. i have tried to find TRO's book that he said he was going to write, but haven't found it yet. those that sell "hopes & dreams" EAs are just snake oil salesmen, most will never make a profit and have such huge drawdowns that most retail traders would blow an...

Thanks for the strategy you picked up @ the webinar. Could you share the webinar name or site so that they can get credit for it ? A few things that I have done to make this a little better for me personally. I trade it using 5 min charts currently but considering 3 minute charts. I do not like...

Pat, you may be right about "emerging markets", but as i recall every time that card has been played it was a lead in to other bubbles and not the bubble itself. What would make this time different from previous times whereby the "emerging markets" are themselves the bubble? North, military...

Have been thinking about the next bubble for a bit, but haven't come to any conclusions. Hopefully this thread will get some people thinking and pool the knowledge and bring about great discussions. Mostly what has been discussed in this thread is the next trend, not necessarily the next...

Thanks rw, i was aware of it as James disclosed it in a video a few months ago; Created by Camtasia Studio 5

i was wanting to help someone asking for help with that post, it never crossed my mind that that trying to help i would upset people. i almost wish i had never posted. i can certainly appreciate the negative points of view that have been expressed thus far. hopefully i can answer the negativity...

hi, perhaps i can point you and others like you in a direction that can help. for a couple years now i've been recieving emails with lots of trading advice, videos and more from a former fund manager that blew up and has since turned his trading around and is using a system that he originally...

You have had some excellent replies to your inquiry. Perhaps i can offer a little insight that has not been presented yet. TRDR gave you a very good definition on the beginning and ending of waves. His answer should take care of one question you had. His answer takes in all time frames and wave...