The charts are showing "Short"?

Here is a hint. It is a top 3 Discussion thread, but it's not the No. 1! Its not a trading system and that is probably why it may be unattractive to newbies. Once it's understood, it's really quite simple and logical. Good trading! EP

To save others wasting time finding out the hard way, here is the current status of this thread with quick reference links. It is now about SMART MONEY Long Term Trading. As hard1head1 says in Post #1 and repeated several times the thread is no ...

Funny... I stumbled on that same video, while searching for solutions to get my Metastock local data working. It is a most comprehensive explanation on the use of the Stochastic Momentum Index, which is referred to as SMI. And, Hanover, you will ...

Try this.

Yes, the entry was a bit reckless and would have been different if it was a live account. I see the ideal Long Entry, but that was about 2.5 hours after my bedtime! Really need to go live to get the pschology right.

Thanks for the feedback, Dadas, At the time I was focussed more on the decreasing size of the 15M candles and the PA turning back from the 15M Trend BO. As you noted, I was also just looking for a quick trade to the edge of the band. Here is another ...

Two more successful trades using the latest technique. I suppose, the tp could have been better, but I have found that being too ambitious can result in large drawdowns. Prefer to set a small tp and walkaway instead of babysitting the trade. Thus, ...

True. Unfortunately, will not be able to test it for the next 3 days, but will have feedback by the end of the week.

Needed to practice a bit, but I can see now, what you are saying. Use the Trend Candle BO lines to confirm Trend changes. This is great for smaller tF trading. For example, the H4 has the current Red/Green BO lines and the Pteczs. On the M15 the ...

Thanks for explanation on points to be considered when deciding X value in Body_ATR(X). Must admit it was on the chart, but had not used it. Was focussed more on entering in the right direction. Beginning to get a better understanding in use of ...

I had the exact same problem and had to exit with small loss. Was looking to see if it was possibe to detect change in PA on the 1M. Your analysis gives a much better clarity. Applied the technique today, very small tp and got 4 consecutive wins! I ...

You have some unusual pairs there. Doubt that many brokers would even have the Hungarian Florint or the Czech Koruna. Can see a definite pattern though, most of them, like the Aud are trading the lower band against the USD.

There are many custom period separator indicators around. Here is a link to one: url

Its almost like you have arrived at Nirvana! Will have to try that. Thanks for the explanation. dp

Yes! I see your point. Thanks for taking the time to present all the examples. True. There are no definite Zones, and treating them all as Supply/Demand is a bit simplistic. Will remember to henceforth look at them as Potential Zones. Have to look ...

Quite often I would read that it was important to look at certain price levels as supply/demand and not as support/resistance, but the reason was never explained clearly. When I finally understood the difference it really changed the way I looked at ...

Looking at the PA the bands highlight areas where price has reversed. On the weekly, it has been rangebound since 2011! It is now just approaching the upper band and based on bullish/bearish candles, we could see a reversal, but would depend on ...

It was quite funny yesterday, got an email from another forum. The analysis was: "Cautiously Bullish" on EURUSD 1H,. support at Fib.. trendline..100 and 200 SMA. Anyone who looked at the Weekly chart would get the real picture!

The reason you went long can be seen very clearly on the Mn chart and also W1!