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- lwoo034 replied Jan 5, 2007
Ironball, Drayco, I also had similar results when I went through a few weeks of data. Week starting 3rd of December. Eventually there is a nice run that would profit about 225 pips, but before that applying the rules as I understood them there are ...
- lwoo034 replied Oct 3, 2006
G'day Alex, I'm in Auckland as well. Which ISP are you with? I never had any problems with Oanda a few months ago but last night I was having connection problems on FXTrade about once every hour. Cheers, Linc.
- lwoo034 replied Oct 2, 2006
G'day, I just got back from a long holiday. I used Oanda before and this is my first trading session since I got back. For the first time I've been having constant connection problems, roughly one or two per hour - before I went on holiday I didn't ...
- lwoo034 replied Sep 14, 2006
G'day, I noticed one time that using Vegas' tunnel trading an entry was signalled significantly earlier than an entry using a pin bar (that formed after the 1D bar finished). So it may be possible to jump into a trend earlier. Pin bars seem to ...
- lwoo034 replied Sep 14, 2006
Hi Fxdm1, I have traded these mostly on 1D time frames and higher. This probably requires some patience but it will let you take trades that are generally good. Hope this helps. Cheers, Lincoln.
- lwoo034 replied Sep 2, 2006
Hi everyone, I am still checking on FF while I am backpacking through Europe. I am glad some people have found these documents useful. Please PM me about any comments or changes you think I should make in these documents. When I get home in about a ...
- lwoo034 replied Jun 5, 2006
Keep up the testing and I hope it goes well for you. It's always discouraging to hit a couple of losses early in your testing. I have found it VERY discouraging in the past when I test and find several bad results early on. I hope you have some idea ...
- lwoo034 replied May 18, 2006
Yeah, just throwing this in as message #100 hehe *if* if were a proper market they'd be OK. I'd like to sell, rather than buy, as Merlin outlined in the other thread on the Oanda box options. The arb. opportunities would be interesting if more ...
- lwoo034 replied May 18, 2006
I've done around 6-10 box options on Oanda. What Shan outlined is what I experienced. I was not very happy with the risk/reward ratio for the box options; I found it was better just to trade the darned reversal. I'm looking at options on forex ...
- lwoo034 replied Apr 23, 2006
Hi, I picked this up somewhere; it seems to do the job but I am not sure as it's not something I have really used before. Cheers, Linc.
- lwoo034 replied Mar 21, 2006
G'day Lindsay! The smallest I know of is Oanda which lets you trade in any $ amount. If your money management says that 2% of your account with a 79pip stop loss (using VWB) is appropriate, and would be a unit/position of $1,357 then you can enter a ...
- lwoo034 replied Mar 20, 2006
Mate, you're lucky having Bob nearby I caught Bob when he was in NZ. He gave a wee talk on socionomics (politics, social trends etc) coupled with long-term Elliott Wave counts. [It was a very small talk and I even had a relative who had come to ...
- lwoo034 replied Mar 14, 2006
Mate, are you saying that making a loss (of REAL money) each day is more FUN than making a loss (of monopoly money) each day? Well, I have to hand it to you ... you sure do know how to have easy and expensive fun Seriously, if you are not going ...
- lwoo034 replied Mar 13, 2006
Hi Lindsay, This is just an my take on the situation, but if you were concerned with the trade potential based on fundamentals, you might decide to take the trade anyway, but 'play the cards close to your chest'. I think that Vegas did this with one ...
- lwoo034 replied Mar 12, 2006
Nicely done So you trade technicals like this, using candlesticks, trendlines, support/resistance? *grins* that's the same setup and reasoning that I have (with the convergence of the trends and the position of the pin bar / doji here). A pin bar ...
- lwoo034 replied Mar 12, 2006
It is a doji. It also qualifies as a pin bar which has other constraints (in this case open/close are below the high of the previous bar and they are situated close to one another near the bottom of the pin bar). It's appearing at a swing high at a ...
- lwoo034 replied Mar 12, 2006
Hi Dof, I saw this post so I added some comments to the image file to make it clearer, then saw your next post. Yes, I would take a short trade on the break of the pin. Two possiblities on what is happening (I cannot predict which): 1) overall trend ...
- lwoo034 replied Mar 12, 2006
USDCAD pin — This is just a post of a pin on the daily USDCAD chart. I don't know if Jim would mind others posting examples here. This pin also bounces around the area that prices failed to move upwards past in early-mid Feb, so it could be a ...
- lwoo034 replied Mar 10, 2006
Hi CM, As Jim notes on the image it's the first time back to the 365 (a different technique he goes over in the PF). It is not a pin bar (you are right that the close is below the previous bars low, well spotted!!!). If it HAD been a pin bar it ...
- lwoo034 replied Mar 9, 2006
Personally I consider the use of bar charts or candlesticks to be an *aggregation* of price data represented graphically and not an indicator. If someone has an 'indicator' that reads these aggregated prices as candlestick patterns (Highway3000 has ...