Hi Forexpinbar! First of all, I would like to congratulate you on the great system you have built. It seems to be profitable and I hope it stays profitable in the long run. It was also very kind of you and the other developers to share it free of ...

You, Sir, are awesome! I've been scouring the internet for a similar indicator for the past several hours. In the process I've found dozens of indicators with all sorts of extra features, but none of them had the simple function of calculating the ...

Hi Eagle Trader, In my opinion, all these trades qualify. I guess it all depends on your risk management and where you want to place your SL. Most of them do look like a "bounce" set-up and, yes, that one on the previous page does look like a proper ...

I suggest you be quick about moving your SL to BE, because GJ stopped on a powerful support at 135

I've been testing this method on demo for the past two months. I've tried both the initial approach of trailing 2-3 pips below/above each freshly closed candle, but I used to catch one or two big moves during a month and then miss out on 10-20 pips ...

TC stands for Top of the Central pivot range, while BC is Bottom of the Central pivot range.

I'll give it a go. Judging by today's high and low, either TC or BC will be at roughly 78.600. Depending on the closing price, the CPR will either be Higher Value or Overlapping Higher Value, which are both signals for bullishness. Today's fade ...

I want to use this post to sum up everything that I got so far and I hope Dennis will point out what I got wrong and what is correct. So we have X key elements: Initial Balance (IB), Central Pivot Range (CPR) and Pivot Points (PP). IB - the width of ...

retracement to IB low and then continuation of the fade. Nicely done!

Plus the daily pivot point that acted as support earlier but was broken and was then re-tested

Busy weekend in this thread. Lots to catch up with. Nicely done!

Great! Thanks for clearing that up!

Thanks for the visual explanation! 1. What does CPR stand for? 2. Would you please explain the logic behind every trade (conditions for entering the trade, calculating TP and SL (if you use any)? Except trades 3 and 4, they are very clear

Question: as daily resistance points change on Monday, do you shift to those targets or keep today's levels?

Was just checking to see how it went. Well played!

Fair enough. So let me make sure I got it right: Investors and Position Traders are long-term traders and use monthly pivot points as guidance. Swing Traders use weekly points Day Traders - daily pivot points. One more thing. The initial balance: do ...

Interesting thread, subscribed! Might I suggest you gather all the key points into the first several posts? As the thread grows, it will be very difficult to follow your train of thought across dozens of pages.

I'd suggest you use a larger stop loss next time, especially for pairs with large spread and high volatility. By the looks of it your stop loss was about 10 pips and it was just above the 15min 50EMA. I would have risked a couple more pips and moved ...

show you what?

I'm surprised to see so many folks lash out at bagXpert given the fact that there are many threads on the topic of compound returns and how one can generate a large return in a small number of days. It's a shame that, rather than encourage people, ...