Recent content by pierre23

I think it's TRO2009_MPMM_CandleColor

Is the Gap Fill column the profit per share?

You can have your lines anywhere. That's why it's called psychological lines. I have worked with the 5min chart with the psycho lines every 10 pips away, trading in the direction of the H1 and strong trade if its in the direction of both H1 and D1. The easiest way is to trade only the open of a...

Did you not read the multiple posts explaining how each candle is NOT 50/50? Clearly YOUR statements are utter rubbish, as if it were 50/50, ALL STRATEGIES WOULD BE BASED ON A 50/50 CHANCE OF WINNING, CORRECT? I DOUBT all these "professional" traders with their 5 indicators all lining up showing...

Whats to say he didn't go long? Can you not see the long upper wick on the 4th red candle? At some stage after 3 red candles, the 4th one was green, and price was going up. Using the buy zone/psychological lines you would have entered and exited with profit, long before price came back down.

I agree with fxwinner22. Having an edge means the odds are in your favor. If there has been 3 green bars in a row 50 times, and 4 green in a row 1 time over, say, 1 week then the odds are not 50/50 when it comes to determining the 4th bar. If you had those stats would you go LONG on the 4th...

The charts don't lie. It's the users of the charts that don't understand what they're doing and therefore push the blame on the charts or methods used. If you follow the rules there is no reason why that trade Barry posted would come out a loss. As sweetpip said, you have 3 Green before the...

Yes, after 3 same coloured bars, you can assume a reversal of colour. Of course, thats not to say it won't continue with the same colour for another 5 more bars.. But if you trade the buzzard reversals with the BuyZone you'll have more opportunity of taking profit. Remember, the point of the...

UKTradergirl what is your successful method of trading? Do you have a thread where you share your strategies? If so can you link me

You DONT have to enter at those levels.... There have been posts on other forums where Tro plots a few RANDOM lines and trades from them profitably.. But it has already been discussed that 00 25 50 75 are those levels where you may, more than normally, see more price action. I can't remember...

For me personally, I'm defending this "nonsense" because it's changed my trading from these squiggly lines and messy charts to simple, more effective trading. So I get annoyed when people are writing off this method and saying it doesn't produce the results. And then we have people (I'm not...

No, I'm a multimedia developer. Is your day job jumping from thread to thread blatently trying to take what people say and turn it into an argument?

NO I do NOT think that a couple of trades will determine if a method is profitable or not. I say do a handful of trades because a handful of trades already seems too much for any of you do to yourself manually. I'm trying to say to put into practice the method YOURSELF and not a damn robot...

Why are you still testing this EA? EA's ARE NOT ACCURATE and DO NOT PRODUCE 'HARD COLD FACTS'. WHY can't you just apply the rules YOURSELF and not have to code them to a bot? IT'S NOT HARD. Pull your finger out for half an hour and trade yourself, following the rules, and POST the charts. You...

Why does it need "improving"? Today with the normal setup - checking for a decent hourly range, trading with the candle colour and determining where price is going - I've already made +31pips in 26mins spread over 4 out of 4 winning trades. You don't NEED to only have a tp of 5.. if you can see...