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Forum: EURUSD 02-28-2008, 02:41 AM
Replies: 16
Views: 3,135
Posted By topchess
The dollar sell off is severe, across the board....

The dollar sell off is severe, across the board. No signs of corrections even, we need better prices to ride this though.
Forum: AUDUSD 02-28-2008, 02:38 AM
Replies: 22
Views: 3,836
Posted By topchess
Common mistake. The trend is up until maybe 1.0...

Common mistake. The trend is up until maybe 1.0 usd mark. Just buy dips, not vice versa. Until, only until usd finds a bottom. (not seen currently)

There is divergence on hourlies, buy dips twd...
Forum: AUDUSD 02-26-2008, 04:19 AM
Replies: 22
Views: 3,836
Posted By topchess
I guess so. .9300 and 0.9400 options are not...

I guess so. .9300 and 0.9400 options are not easy, but you may consider buying dips like scaling in. As stocks surge, and high yielders can perform better only in the near term though, buy dips to...
Forum: AUDUSD 02-23-2008, 02:26 PM
Replies: 22
Views: 3,836
Posted By topchess
I do not know why jpy changed sentiment in last...

I do not know why jpy changed sentiment in last minutes, could be carry trades building?

Got to wait next week and see
Forum: AUDUSD 02-22-2008, 10:01 PM
Replies: 22
Views: 3,836
Posted By topchess
Strong pullback yes, and usdjpy also pullbacks....

Strong pullback yes, and usdjpy also pullbacks. do not know whats happening, but fridays. :)
Forum: AUDUSD 02-22-2008, 03:53 PM
Replies: 22
Views: 3,836
Posted By topchess
Cautious when going short on the aussie maybe for...

Cautious when going short on the aussie maybe for few months to come. There is really going to be strong moves to upside unfolding next week and or 2. Price action says it.
Forum: GBPUSD 02-22-2008, 01:54 PM
Replies: 8
Views: 2,514
Posted By topchess
This is my imagination of price action in cable...

This is my imagination of price action in cable for the short term:

Let us be certain that its strongly bearish (medium term)
But expect from here an eventual break to 2.0 levels where 50% fib...
Forum: GBPJPY 02-22-2008, 01:52 PM
Replies: 3
Views: 908
Posted By topchess
Try dailyfx.com they provide elliott waves...

Try dailyfx.com they provide elliott waves readings on crosses. They are good.
Forum: Rate my Software 01-08-2008, 07:06 PM
Replies: 11
Views: 2,600
Posted By topchess
Exclamation I want to move beyond metatrader.. help

Guys, seriously been looking for software that can be loaded easily with systems, whether custom or premade, and certain formulas that give sound alerts on chart as they happen. Metatrader have been...
Forum: Forextown 01-05-2008, 09:27 PM
Replies: 266
Views: 25,011
Posted By topchess
Today, I celebrate the beginning of my...

Today, I celebrate the beginning of my twenty-two.. 21 yrs gone. :)
Forum: Forextown 01-05-2008, 09:23 PM
Replies: 0
Views: 848
Posted By topchess
How to convert ASCII to MetaStock files?

Hello

I have an analysis program which accepts metastock formats only. How can I get historic FX data (end-of-day) data to be metastock compatible, and as a result work with my program? Any help...
Forum: Free Forex Trading Systems 01-02-2008, 06:59 AM
Replies: 88
Views: 16,823
Posted By topchess
As long as I am back to trading.. I will still...

As long as I am back to trading.. I will still contribute to this method. But can anyone convert the HAS to be for VT? would help us so much..
Forum: Free Forex Trading Systems 01-01-2008, 06:43 PM
Replies: 33
Views: 8,008
Posted By topchess
Bumping this great system up. Let us give it some...

Bumping this great system up. Let us give it some more time. :)
Forum: Forextown 01-01-2008, 06:27 PM
Replies: 1
Views: 240
Posted By topchess
Wink There you go. Chat room looks fixed

Hello

First time I could be able to join chat. Why not you join too? let us make it an active place and chat room for forex traders,

well, at least i am happy it works finally.

Happy new...
Forum: Forextown 11-04-2007, 04:23 AM
Replies: 0
Views: 304
Posted By topchess
Lightbulb Any MT4 Coders around?

Hello,

Any MT4 coder available to do some indicator changes / updates?
There is an indicator that shows smoothed heikin ashi candles, would there be a way to show the candle colour on all tf's in...
Forum: Newbie Island 11-03-2007, 02:11 PM
Replies: 1
Views: 269
Posted By topchess
The majority of traders use New York close for...

The majority of traders use New York close for pivot calculations, so that is what I want to use, and stick with the majority.

BabyPips described amazingly how to plot fibonacci drawings; please...
Forum: Free Forex Trading Systems 11-03-2007, 02:05 PM
Replies: 88
Views: 16,823
Posted By topchess
Any MT coders here? I would like some indicator...

Any MT coders here?
I would like some indicator created.

BTW regarding risk/reward, I do not think even though you miss some of the move, you still get most of the move, it depends on how do you...
Forum: Free Forex Trading Systems 11-03-2007, 06:25 AM
Replies: 88
Views: 16,823
Posted By topchess
The R/R ratio is a concern to all traders, thanks...

The R/R ratio is a concern to all traders, thanks for your appreciated contributions. Thanks every one! :)
Forum: Free Forex Trading Systems 10-31-2007, 06:08 AM
Replies: 88
Views: 16,823
Posted By topchess
GBPJPY made 160 pips from open (entry price) in...

GBPJPY made 160 pips from open (entry price) in the daily candle. So I closed my position and leaving one part open with a stop tightened to cost in case of any bounce.

This is what you can do...
Forum: Free Forex Trading Systems 10-31-2007, 01:14 AM
Replies: 88
Views: 16,823
Posted By topchess
I missed this trade as I sleep in NY close plus...

I missed this trade as I sleep in NY close plus Asian session, but it should gather momentum.

USDCHF setup for short. I only post the 4hr chart, but If you go to daily, weekly, monthly, they all...
Forum: Free Forex Trading Systems 10-30-2007, 02:47 PM
Replies: 88
Views: 16,823
Posted By topchess
I also bought dips below the open in EURJPY....

I also bought dips below the open in EURJPY. Well, I didn't mention this in the strategy but I am way agressive when the trend is confirmed.

Look, lets make it easy ..

The trend is your friend,...
Forum: Free Forex Trading Systems 10-30-2007, 02:42 PM
Replies: 88
Views: 16,823
Posted By topchess
My entry is the daily candle open normally, btw--...

My entry is the daily candle open normally, btw-- I want to tell you that different brokers can cause problems giving mixed signals, for me gbpjpy daily smoothed candle is blue and if it closed blue,...
Forum: Free Forex Trading Systems 10-30-2007, 12:50 PM
Replies: 88
Views: 16,823
Posted By topchess
I have entered a EURJPY long trade on the daily...

I have entered a EURJPY long trade on the daily setup turning bullish, weekly, monthly are bullish.

ATR is 150, I have taken EURJPY from earlier dips and still leaving 2 parts open.
Target set @...
Forum: Free Forex Trading Systems 10-30-2007, 01:30 AM
Replies: 88
Views: 16,823
Posted By topchess
Hi ! :) Taking profit can be a percent...

Hi ! :)



Taking profit can be a percent of ATR, while you open your position as 3/4/5 parts and close one by one to lock in profit. This decreases profit but ensures you lock in profit.

So I...
Forum: Free Forex Trading Systems 10-29-2007, 10:05 AM
Replies: 88
Views: 16,823
Posted By topchess
I am in no way involved in that, I just used...

I am in no way involved in that, I just used ImageShack to upload images since babypips allows a maximum resolution that is not suitable for best view.
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