I've been telling people for decades the markets are corrupted and "fixed", well, now here is some proof: url Quote "A group of global banks will pay more than $5 billion in penalties and plead guilty to rigging the world's currency market, the ...

Any other Canadians get an email telling them their account is officially CLOSED? Canada has the STUPIDEST rules, worse than USA believe it or not

Indeed, its a very important point that I know escapes many many Traders (me included from time to time) and even some that have been around for some time. I believe that was the exact point Sonic was making with his two posts on the last page as ...

Well I am no 'expert' here either, but this is my favourite pattern Technically, I guess it qualifies, angle isn't too too steep, and it has a valid shoulder on each side. What doesn't sit well with me is HOW it formed, the big badass candle on ...

Can someone tell me if the Renko EA's can be backtested? I have not used Renko charts before on MT4, so have no idea about this. I am going to try and get Renko working soon, so hopefully I can back and forward test soon TIA

Well, if you know a good programmer, get a hold of a good "EA" or have one made; trades 24 hours a day, follows ALL the rules, 100% disciplined no emotions or headgames, and can watch 20 things at once if you like and not miss a beat, sky is the ...

Let me make my opinion clear here, there is nothing wrong with GOOD regulations, if they work and do what they intend to do, without restricting someone's opportunity or choices and they actually protect them. As I have expressed, that is exactly ...

I actually don't care about the hedging, but that is a personal thing, since I try and take my losses and cut them short, rather than trying recovery, hanging on and hedging etc. The leverage is a big issue though on multiple fronts, especially for ...

I think it is unclear at this time, since it looks like there have been "recent" changes, and I have not found them cited anywhere. I am planning to call them Indeed it should have been only a joke, I have never seen anything that ridiculous to do ...

If you want a REALLY good laugh, read the requirements on what it takes to trade Forex if you live in Alberta, and note the highlighted parts. (note this is from a post at BP) =============================== You, or the undersigned on your ...

Nice spot on the Triangle. The thing about Triangles, if they occur in an impulse wave (versus a correction) as it did here, it is usually a wave 4 and only one more leg is remaining. That being the case, the prudent thing to do is wait for ...

Well I'm not sure of the entry logic, and more importantly the exit rule if the trade is losing (MOST important rule imho), but it was clearly a not a good entry when that big spike appeared 19:31 and the bot should have punted to keep the loss ...

Hi Seller. Been following this thread a little here and there, new to coding but have jumped in with both feet (and have a few bots on the go, much work to do though). Been trading and designing methods for long time. Anyway on this chart it looks ...

There are a few things wrong with these charts, biggest issue is the last chart in particular, where he says wave 2 was a Triangle, that is NOT allowed. Also the wave 1 does not count as 5 waves. My view is wave 4 is not over, but the market may not ...

Hi infinitus. Interesting thoughts on Inflation, I've seen so many views on this. So, you don't think Gold standard is coming back? ----- Hi Luis. Only an amateur would "count" on a pattern completing, AND executing, before it really does. A pattern ...

For the record, I don't see any right shoulder on this H&S, this is kind of what I was getting at in my post... *-) ps - EW DOES help somewhat with knowing which are good, but truly there is no crystal ball here. If the pattern has good form and is ...

Hi infinitus. I wouldn't trust a damn word that FED says, for starters, but also there are many misconceptions with H&S patterns, including how to make them, when is it invalid, etc, etc I have been doing this a long time, and can tell you from ...

Here is where I think EU wave 2 is heading, one way, or the other (Gap fill and W1 Trendline test [purple overhead lines]) Afterwords, we have a dandy wave 3 to which will break through the Monthly Neckline (usually how it happens)