London session - clean pattern — Hi everyone, I have been focusing on my univeristy studies and work, so trading is a low priority. Quite refreshing actually to take a break from it after years of studying the markets. Looking at yesterday's ...

January NFPs — I must say I am glad that NFP week is over. This usually means we can settle down for the next three weeks with some sensible trading patterns. EURUSD London bulls "paddled against the current" stalling near 1.28 A small bearish ...

Withdrawing from contest for now — Thanks forexsaint Yes I have been on holiday and now ready go again in new year. I would like to use FF Trade Explorer but they do not support FXCM Trade Station so I am a bit stuck because MyFxbook publisher ...

London session — Happy New Year Only during previous two days can I see proper trading volume and sensible patterns. That is 4th and 5th January. Before that is just a mess. EURUSD pullback from point 2 at 1.2909 London Open above 50% fibo ...

V7 beta2 has no ZigZag — Hello davidtrader V7 beta1 uses zigzag. V7 beta2 uses no zigzag. I wrote my own fractal code instead of zigzag. If you want to see the price points set ShowDots=true.

London session — EURUSD Bulls continued a push into overbought territory. Reactions to targets suggest profit taking + bearish interest. I'm not drawing conclusions from what I see as essentially low volume end of year holiday trading. In ...

reply to davidtrader — Your broker is sending you a little bit different price and volume data compared to my broker. I use IBFX demo for my charts. This is the best MT4 data feed in my opinion. See my previous post on this topic post #2078.

London session — EURUSD Asia had a bullish run then London opened near 50% fibo. 7:50 Buy signal (near price point 3) failed to reach first target. Resistance found inside previous day sell zone. 14:00 Sell signal (near price point 3) ...

reply to Zeb_Sailor — Welcome Zeb_Sailor, yes that is the question! They are all valid 123's, so which one is the right one for drawing the fibo. As you say, while the structure unfolds (live in real time) it is not easy. We should keep an ...

Week 5 — Forexsaint et al Sorry my FXCM account publisher stopped connecting to MyFXBook. I can't see what is causing this. This is Week 5 of my trading plan No trades, no change. $486 current equity. (-10%)

Alarms for V7 — If you are already using 123PatternsV7 then you may be interested in this.. 123AlarmsV7 Immediately after 123PatternsV7 paints a signal, 123AlarmsV7 plays a WAV file. There are options to show popups or send email messages. ...

Indicator arrow properties — Hello handy148, Arrow colours and size are set in the indicator properties dialog... image Options 4 and 5 represent the arrows Options 6 and 7 represent the dots

Fibo entries and targets — This chart illustrates the use of fibos drawn correctly from 1-2. image Please click on the chart multiple times until you see the full size image. These fibos provide consistent entry and exit targets.

V7 does not wait for valid 123 - by design — Welcome grovnus, you might be able to see a 123 on your chart if you set ShowDots=true. V7 beta is focused on aggressive entries. This means that by design it does not wait for a valid 123. If you ...

Clark & Dawe - European Debt Crisis — Clarke & Dawe Australian comedians European Debt Crisis - youtube

Three entry options using 50 fibo — Option 1 (more safe) 1 2 3 break (red arrow) draw fibo 1-2 now place order on 50 fibo Option 2 (safe) 1 2 3 (no wait for break) draw fibo 1-2 wait for Vantage signal candle (small wick) now place order on 50 ...

V6 reversal with entry on 50 fibo — Hi David, your chart looks good. Nice to see someone (other than me) using fibo targets. See my analysis below (using V6 only). image Robdee

reply to Halba — Welcome Halba, good questions, yes I agree there are longs, if I had more confidence in the bulls I would have been buying right on the 50 fibos. I use V6 dots to draw the fibos from point 1 to 2. I then look for price action ...

Two different versions of V7 beta — Hi handy, the (3) dots show me you are using the original V7 beta. That original used zigzagdepth=1, a cci filter, and (3) dots. That older version can be found in post #202. The newer heavily modified ...

London session the bulls fight back — EURUSD Before London, Asia found support along 1.2980 (50 fibo) London Open picked up the bullish push at 1.3000 This lasted only 1/2 an hour reversing at 1.3035 (fibo target) Four hours of battle found ...