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Forum: Newbie Island 07-09-2009, 06:50 PM
Replies: 14
Views: 356
Posted By daydreamer65
Yep 1st brought to my attention on the...

Yep 1st brought to my attention on the http://forums.babypips.com/free-forex-trading-systems/6632-alternative-technical-templates.html thread.

The principle is that you enter a trade with a small...
Forum: Newbie Island 07-09-2009, 05:59 PM
Replies: 5
Views: 156
Posted By daydreamer65
Are you inferring that there is no homework...

Are you inferring that there is no homework needed to play high stakes
Texas hold 'em?



MT4 is the platform that the brokers use it cannot in itself
cheat you.
Forum: Newbie Island 07-09-2009, 04:50 PM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
The order goes in a close to the 0500 candle as...

The order goes in a close to the 0500 candle as you can put it,
I wait for the 0515 candle to appear, but I saw somebody looking
at the 1M TF, so 0501.

You are only placing a buy stop & a sell...
Forum: Newbie Island 07-09-2009, 04:45 PM
Replies: 6
Views: 196
Posted By daydreamer65
If price is having a problem breaking through any...

If price is having a problem breaking through any level (bouncing off
that level) then that level needs to be respected, whether 5M, 1H, 1D etc.

In fact the more times it visits that level the...
Forum: Newbie Island 07-09-2009, 03:51 PM
Replies: 6
Views: 196
Posted By daydreamer65
Once the price has cleared the 5M S/R & the next...

Once the price has cleared the 5M S/R & the next candle has opened,
T/P next level, S/L just below previous S/R, but always be wary of
the retrace as price always likes to re-test & go where it has...
Forum: Newbie Island 07-09-2009, 03:40 PM
Replies: 6
Views: 196
Posted By daydreamer65
Long term S/R. When you realise that the longer...

Long term S/R. When you realise that the longer time frames
are made up from multiple short time frames.

ie 4H = 48 x 5M

1D = 8 x 4H = 384 x 5M.

With S/R do not forget round numbers as well...
Forum: Newbie Island 07-09-2009, 01:19 PM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
Inclusive of the 1900 & 0500 candles, but as you...

Inclusive of the 1900 & 0500 candles, but as you say "each to their own"
Forum: Newbie Island 07-09-2009, 09:16 AM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
The reason was that Trev traded this on different...

The reason was that Trev traded this on different time periods &
found that he had best results from the 1900hrs to 0500hrs London
time, when the markets were at there quietest.

As has been...
Forum: Newbie Island 07-07-2009, 10:25 PM
Replies: 5
Views: 151
Posted By daydreamer65
No it does not need to close, just open...

No it does not need to close, just open above/below the S/R line.
Forum: Newbie Island 07-07-2009, 08:56 PM
Replies: 24
Views: 973
Posted By daydreamer65
I disagree with this statement gold medals have...

I disagree with this statement gold medals have been & are
rescinded all the time for wrongdoing, ask Ben Johnson et al.



Also if the rules are blatantly disregarded after numerous
warnings...
Forum: Newbie Island 07-07-2009, 06:23 PM
Replies: 13
Views: 693
Posted By daydreamer65
I can testify that it is not only feasible it is...

I can testify that it is not only feasible it is being used all
the time with great effect. Take a look through the 3 threads
below.

Okay I know they are a long read, mainly reserved for...
Forum: Newbie Island 07-07-2009, 11:00 AM
Replies: 5
Views: 151
Posted By daydreamer65
Take a look at the webpage below for more...

Take a look at the webpage below for more information on
Pivot Point Trading (http://www.margin-strategies.info/pivot-point-trading.html)
Forum: Newbie Island 07-07-2009, 06:24 AM
Replies: 24
Views: 973
Posted By daydreamer65
Well done phil welcome to the club. :)

Well done phil welcome to the club. :)
Forum: Newbie Island 07-06-2009, 11:44 AM
Replies: 26
Views: 632
Posted By daydreamer65
Also take a look at the size of the forex market,...

Also take a look at the size of the forex market, then decide who
moves the market.
Foreign exchange market - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Foreign_exchange_market)
Forum: Newbie Island 07-05-2009, 11:38 PM
Replies: 13
Views: 547
Posted By daydreamer65
Yep it's possible for a savvy, careful,...

Yep it's possible for a savvy, careful, experienced trader to
make £2k/month,

but

it's possible for a raw noob, with £10k burning a hole in their
bank account to lose more than that per...
Forum: Newbie Island 07-05-2009, 07:53 PM
Replies: 26
Views: 632
Posted By daydreamer65
Trade while there is a set-up that qualifies in...

Trade while there is a set-up that qualifies in your system.

If "I do not trade on a Friday" is part of your system then
don't trade on Friday.

I do not trade Mondays & do not set targets, I...
Forum: Newbie Island 07-05-2009, 11:27 AM
Replies: 3
Views: 242
Posted By daydreamer65
It seems Canadians are a special case because of...

It seems Canadians are a special case because of Canadian
legislation.

Looking through & trawling my memory as a resident of Canada
you are limited in the choice of broker, dependant upon where ...
Forum: Newbie Island 07-04-2009, 01:50 PM
Replies: 9
Views: 400
Posted By daydreamer65
All of the MT4 brokers I have been with only...

All of the MT4 brokers I have been with only allow a TS to
start after 10 pips profit has been reached then they increment
ever pip from there. So 11 pips = 1 pip profit
...
Forum: Newbie Island 07-02-2009, 09:05 AM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
No question just a statement, looking at the...

No question just a statement, looking at the chart below from our
friends across the road, London is still classified as GMT even though
we are in BST.

Not sure who 12.30 GMT would refer to,...
Forum: Newbie Island 07-02-2009, 05:58 AM
Replies: 6
Views: 227
Posted By daydreamer65
Questions like this never waste my time it is...

Questions like this never waste my time it is good to see
such a well presented question.

Carrying on with the theme a little I came across this piece
in another thread, it throws a little more...
Forum: Newbie Island 07-02-2009, 05:02 AM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
1.30 pm UK time, we are usually 5 hrs in front of...

1.30 pm UK time, we are usually 5 hrs in front of NY, except
around daylight saving time changes.
Forum: Newbie Island 07-01-2009, 03:10 PM
Replies: 6
Views: 227
Posted By daydreamer65
A trend can exist in all TFs, but the question is...

A trend can exist in all TFs, but the question is how significant
is each trend? Also an uptrend can exist in the 15M when a
downtrend is happening in the 4H chart & vice versa.

The difference...
Forum: Newbie Island 06-30-2009, 05:53 PM
Replies: 2
Views: 188
Posted By daydreamer65
From Babypips rules & regs, this person spammed...

From Babypips rules & regs, this person spammed the forum with at
least 4 posts that were advertising/spamming/promotion & as usual didn't
like it when they were banned.

__________________...
Forum: Newbie Island 06-30-2009, 02:39 PM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
Ok best of luck with that, you will probably find...

Ok best of luck with that, you will probably find that changing
pip value every week, month, or at a given monatory value (every
£1000 profit?) would be more beneficial.
Forum: Newbie Island 06-30-2009, 12:22 PM
Replies: 1,518
Views: 58,700
Posted By daydreamer65
Are you factoring the spread into your...

Are you factoring the spread into your calculations?

That may be the problem?
Showing results 1 to 25 of 500

 
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