most lose because they trade like sheep, they think their PSL is in a good place but its where the majority of traders are setting them. Most strategies are similar so we are all entering long eventually and just then they turn the price and we keep ...

Im with you on that long, would you say the same goes for AUDUSD Thats a stella R:R, dont you think SL is a tad close?

yeah sure just curious what did you major in? im not in a space to think your posts through, but it makes for interesting trading theory Also do you see XAU below 1200 and then with potential US default, metals back to 1400 area? and how ...

I havnt tried adding fib to this method, thanks for input. Ill give it some testing and see what i come up with. Rhodie, so we now have the velocity after doing some serious calcs then what? it would show the potential future momentum?

Come again!? your gonna have to expand on this. What is a swing point range average. I have a similar theory which goes like this: Take any time frame, but lets use H1 for this example. XAUUSD 13 Nov 2013 Now how quickly does a retracement or ...

thats it ive thrown in all ive got short now and probably no point sitting around as this aint gonna take a few days so ill go work on other things may the pips be with you all

Cheers Rhodie, ill take your advice. This is the only pair thats got me cornered, and its all part of an old strategy, damn shame

more and more bullish?

Im holding the long Venzen, news in 90 min may help my cause, but rhodie was right double bottom is on the cards, im in a pickle as my one strategy says after this mofo of a 4hr bar closes below 1269 i have to short till about 1252 i dont think i ...

Here are some other useful indicators

which is my favorite you ask, well the one simply named 'daily pivots' - its simple to change colors and type of line, just ask

end of pivots

more pivots

pivots continued

Here are all the pivot indicators i have, enjoy

yes, there is one trader, oztrader i think is his pseudo he seems to be away, the rest of us just marvel at the pretty colors he makes

Venzen and Rhodie thanks for your insight into Bitcoin I wont be trading it as it comes now third on my list of trade able products It looks like my strategy 173 could have a setup on the H1 I may not be online but could place orders via mobile ...

yiks! this is a scary, just what we need when the world is in a crisis with finances and nature. Would the yen, euro, sterling etc still exist and trade with the bitcoin on fx? one currency this certainly is end of the world banter