Been a month since the last post in this thread but here is a small account I'm having some fun with.
RC64 System | Myfxbook
Type: Posts; User: RC64
Been a month since the last post in this thread but here is a small account I'm having some fun with.
RC64 System | Myfxbook
IMO, any serious intraday trader would be trading at the times you specified. Longer-term traders would not necessarily need to be trading those hours. I don't see how it would have any impact on...
I don't know about any bats but it seems pretty clear to me that price is showing a Lower Low without a Lower High. :cool:
Maybe this will help:...
You seem to be the type of person who wants a lot of action (this can be a bad thing if you are trying to have discipline!). One suggestion would be to use a filter that will decide whether you are...
Well, can't say I'm familiar with the Swing Index System anymore (It's been quite a long time since I read that book!). What time frame do you use? Do you take every trade that the system signals...
If you are doing something you shouldn't be then why are you doing it dale? ;) New year! Time to do as you say instead of just saying it! Stop worrying about the profit you could have made and...
There is no way to really 'see' something like that coming dale. Unless somebody has a special crystal ball somewhere I don't know about? Worst part is that you can't even control your positions at...
Dale:
Sorry to hear about your gap troubles. If the occurrence of gaps can have such a catastrophic effect on your trading style/plan then why not close your positions at the end of the day or...
Hello pipsaday. I know I'm not Dale but your observations are correct. If you are using the daily as your higher timeframe and the hourly as your lower then if there is no confluence between them...
Instead of trying to combine the Adam theory technique with the Swing Index System, have you tried just applying the Adam theory technique to two different time-frames (Long and short)? I'm no...
Predicting one market's shorter term movement using another market's longer term trend. Definitely sounds complicated ;)
It seems to me that all the Adam theory simply does is take the current trend that is in place and continues it. Looking at it as a method of determining what SHOULD happen seems to be against what...
I have just been sticking to Eur/Usd since I started participating in this method/thread. It has offered me plenty of opportunities to steadily grow my account. Haven't tried applying it to any...
Just giving this thread a little revival. There was a great opportunity today for a trade on eur/usd off yesterday's high/asian high. I'll assume some others managed to grab this one as well. ...
Nope, not talking about the ADX. What I'm talking about is the average number of pips a currency pair will move within a day from the high of the day to the low of the day. Here is an example:...
I don't use any indicators myself Dyekid...so I can't offer you any help there. I do have a suggestion though and that is that you incorporate the average daily range of whatever currency pair you...
I definitely recommend trying it. It's proven reliable for me and offers clear stop placements for trades as well. ;)
I just observed the lower timeframes (This can be 15, 5 or 1 depending on how fast the price is moving) and looked for a change from a LH/LL pattern to HH/HL.
SL is Swing Low. Sorry, I should have clarified that too :( . Thank you for your reply Tess. Certainly adds some confidence :D
The Euro seems to have offered up a good opportunity today. It pulled back to a SL from yesterday (1.3710ish) which also coincided with last week's high. I managed to hop on board before it took...
By stair step climb, are you referring the the higher daily lows? Would the reason for the possible stops gathering around 1.3650 be because it is below yesterday's low and a big figure? Sorry about...
Yep, managed to grab a seat. Although, I got in with an eye on what I believe is the Tokyo low (around 1.3707?). I remembered it being highlighted on these threads before and it offered up a nice...
I have avoided taking on the pound for trades because it usually seems to be more "choppy" than the euro. It tends to be more difficult for me to determine a dominant bias to trade with :confused:.
I was actually looking at last Thursday's low around 1.3637 as a place to start looking for a long entry. Still managed to get a trigger for a long that has played out well so far. :cool:
I managed to grab this one. Moved down to the 1min chart and got triggered long in around 1.3675, just before the big push up after what I assume is a result of Bini Smaghi talking. Eur/usd sure...