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- trader.dan replied May 8, 2012
RSI and MACD Divergences can really be effective but one should take into account trend strength and support/resistance levels in combination with them.
- trader.dan replied May 8, 2012
Did you finally find the indicator that screens the currency pairs?
- trader.dan replied May 8, 2012
How did you come to this system? Was it successful for you finally?
- trader.dan replied Dec 13, 2011
Why don't you try this tool: url It's focused more on stocks but can be used for currency pairs as well and you can backtest the strategy itself Here is another one; but with no backtesting capability. url Happy Trading.
- trader.dan replied Dec 7, 2011
Divergence is a strong indicator, and MACD divergence is among the most popular divergence tools used. But to successfully trade divergences, it is essential to first define the broad trend, and then after a pull-back or range, use the divergence ...
- trader.dan replied Dec 6, 2011
Just came across this thread. Very useful compilation. A lot of traders think that flags are one of the most reliable patterns. Brief halting phase in an ongoing trend. Flags offer great risk: reward ratio and have precise stop-loss areas. I think ...
- trader.dan replied Dec 6, 2011
Help needed. I have been experimenting with the stochastic a lot. And i have really begun to like the clear peaks and bottoms, as compared to other oscillators; more so in the case of slow stochastic. Often i have noticed that in slow stochastic, ...
- trader.dan replied Dec 6, 2011
Thanks for sharing. I have watched numerous videos on candlesticks, read Nison and Morris, and have come to the conclusion that using candlesticks all by themselves do not yield good results. Some have suggested that combining candlesticks with ...
- trader.dan replied Dec 4, 2011
I really enjoyed Rogue Trader. Wonderful insight into the life of Nick Leeson, the man who singlehandedly brought down one of the world's largest financial institutions through inadvisable securities trading. The story is based on actual events and ...
- trader.dan replied Dec 3, 2011
Hi. This thread has been an eye-opener. Being a newbie, i have some unrealistic expectations. And unrealistic expectations lead to failure! The level at which we set our expectations is more a matter of habit and disposition, than conscious ...
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