Recent content by markjames

I also bailed out in August 07 and stuck the proceeds into an off-plan development in Dubai which has seen huge increases in cap appreciation over the last few years. People say the UAE economy is insulated from the world economy based on oil revenues but I'm kinda wondering whether to cash in...

Mr Nasdaq, I completely agree with everything you've written regarding S & R. The thing which is interesting me at present is the idea automating trades once support and resistance levels have been defined. I guess S & R levels are best identified by lines - ie pivot levels or angled...

Have you guys seen the Pivots module supplied by Home Page for Metatrader. It works out your daily pivots automatically and draws them on your charts. I downloaded it recently and it saved me loads of time every day messing about calculating pivots and drawing lines etc. According to the web...

I think Pivots are good when used in conjunction with other strategies. I think bounces off S2 and R2 have more probability of success than retracements from the M levels, PP, S1 & R1. Also, once a pivot has been broken price action does not normally respect that level again. I use an MT4...