Hi, Can anyone please suggest me a broker with MT4 platform that closes the daily candle at or neat the EU/UK session close? Thanks.

Hi Dreamliner, Do you know anything about how the two charts are overlayed? I mean, both charts have a different scale, and they must be somehow fitted together, but it is not obvious how. (Which values of the scales are matched). I suspect that it ...

And when do you exit?

I backtested this system for January. It produced 980 pips on winning trades and it lost 1770 pips on losing trades, so it lost 790 pips altogether. I think I've never seen a system before that performed so horribly

Hi Alfa, The PF chart looks differently on different timeframes because it is calculated based on the actual candles. Time is eliminated for some degree, but not the timeframe. Please read the link provided before to see how a PF charts is plotted. ...

Can you please explain what this Point and figure indicator does? It seems it has nothing to do with the price. Also please expalin this: "Buy at one box above the starting point of the first box in a downtrend" What shows the trend and where is the ...

Here is my theory: When you buy, you do it because you expect the price will go higher. But you can buy only if someone else sells you. And why does he sell? Because he thinks the opposite way. Now who is right? Who is smarter? Why do you think that ...

Ok, birdt, you are right in many respects, and I really do not want to be cinic. I am just curious. I have been reading such forums for some time, and I simply do not understand why there isn't anybody on these forums who clearly dares to claim: "I ...

And how about you? Are you a winner? Did you make consistent and significant profit on Forex during lets say the past year?

Ok, ok, but you forgot to answer my question. Do you use that system in live? Are the charts from a real account? Is it a too hard question to answer?

Hi Tjpld, Yes, it is very nice. Is it a real account? If yes, would you mind let us know which system?

Hi birdt, No, my assumption is not exactly taht. My assumption is that there is no such thing as a successful system architect or successful forex trader. Are you one?

Yes, it is the old drill, but does it have any meaning? Most trends are born form a range, and most of them end in a range. If you stay away from ranging, you have a good chance to miss most of the trend. And when you "identify" the trend and enter ...

Tested, or used on o live account?

Could you be a bit more specific? How long has it been working for you, and how much have you earned with it? (in percentage)

And have you made a fortune?

No it's not true that 95% of people lose on Forex. It is 100% of people who lose. : ) Even the big dogs! What do you think the reason of this global economic crisis is? What did the big banks do? They risked money on forex! And they lost. Ok, maybe ...

Thank you Forexlion! I edited my post, first the arrows did not appear on my chart, but after switching the TF they appeared, so I have no question