Favorite, I'm very surprised you are still posting on Al's thread. You have spent the last few days spamming and disrupting Calstar's work because you feel it in some way infringes the copyright of the Stairstep's thread. And yet you have clearly ...

Nice one Calstar - let's see if we can come up with something useful. PB

The height of the box doesn't matter at all. All you are doing is trading a breakout from a period of low volatility. As long as the height the indicator finds, or the manual box you draw, represents low volatility for that pair then it's fine. Or ...

time frame — Are you looking for trading opportunities across all time frames or focusing on particular ones? Just wondering whether any are working out the best. Guessing the H1 and H4 will be more reliable? Thanks, PB

Thanks Hugh - makes a lot of sense. By the way, had another look but I can't see the stop positioning on the 1st post (at least for people not using the EA). Thanks for clearing it up. PB

stop loss and trigger positions — Hi - A couple of questions for Hugh and turbo... I notice that some of the trades that turbo is taking are pushing past the 75% retracement before entry which is against the original rules. Where do you set ...

Why does it happen? I assume it's because when the oil is paid for at the end of each month the US traders and importers have to sell US dollars to buy Canadian dollars. This pushes the USD down and the CAD up at the same time. The pair that will ...

USDCAD — Hello - Just wanted to share a little tip I read about yesterday. I know most people following this system don't trade USDCAD because of it's range-bound tendencies, but put the 24th of the month in your diaries: Canada is a big oil ...

Negative buffer — Here's an idea you may want to explore with regard to the CZs. It was suggested to me in a PM from a trader who has a very good grasp of price action and a heck of a lot more experience than me. Change the buffer pips in the ...

Indicator settings — Hi Calstar - There are quite a few posts in the first half of the Stairsteps thread which detail better settings for the indicator than the defaults. Your time will be better spent searching for those rather than starting ...

Hi 60 - Would be very useful to know how you define a trend that's worth trading. I've had a scan through a few pairs today and come up with a list. I've only noted down pairs where the daily trend seems obvious and well defined. It would be good to ...

Thanks again Al for sharing your thoughts here...it's been quite an education! Good point about using this with gold and shares. You could apply the same consideration to different currency pairs. In other words, this method when used as a ranging ...

It will completely depend on how fast the market moves. The recovery trades I have done lasted between two and seven days. PB

That may all be true, but what you can get out of the market depends on a lot of factors such as luck and skill. I honestly don't believe I have spent enough time as a trader to have sufficient skill to reach those levels. And until I feel I'm a ...

I agree that we are here to make money, but I also believe that greed and unreasonable expectations are the key reasons why 95% of forex traders lose rather than make money. If you break even in this game you are doing better than most. I've traded ...

I have my emergency stop set at 250 pips (which equates to 1%) to handle the situation where the BOJ suddenly shoots the dollar up 2000 pips or whatever. You must have an emergency brake in this game! PB

My thoughts on, "the EURUSD isn't falling like the TMA says it should!", "Waaa! I'm 150 pips into recovery!", "my stops keep getting hit", "this system doesn't work", etc... 1. if you're not able to handle a 300 to 400 pip recovery trade and still ...

I think I'm going to test the following: 1. For each currency pair, define the weekly trend and use that as the long term direction. Nothing fancy in defining this. Just looking at the last twenty bars and seeing if it's up or down. 2. Use the three ...

I've noticed the best trades are often the first and second after a retrace. So the first one comes very close to the MA followed by another entry, say ten or fifteen bars later. After that price is often far away from the MA and likely to move back ...

It's a classic trend following pattern. I like the idea of the opposite break invalidating the trade. That plus the 50 MA should provide a good filter. I'll be following along with you on Skype. You could also use this same entry technique aligned ...