Someone else who forecasts the imminent collapse of the US Dollar is Jim Rickards, an American lawyer and financial commentator who has written a couple of best selling books on the subject. Although it's crafted to sell his books and other material ...

I use Metatrader, cTrader, NinjaTrader and Quantshare which all permit user defined fib extension levels. This is a fairly basic facility so are you absolutely sure that your charting software does not?

GreatNorth, I was interested to read your assertion in Post #1 that there is no 50% Fibonacci level. Yet the Wikipedia page you reference states that "The 0.500 ratio is derived from dividing the number 1 (second number in the sequence) by the ...

According to CityAM, Alpari has appointed administrator KPMG. EDIT: Sorry didn't notice already reported.

The Wall Street Journal is reporting that online currency trader Pepperstone Financial Services, based in Melbourne, Australia, is considering bailing out Alpari (U.K.) Ltd.

My understanding is that the reason Alpari suffered such huge losses is because customers are only liable up to the amount in their account. So if a customer had a balance of $1,000 and a CHF position that resulted in a $3,000 loss, the account ...

I have Metatrader MT4 running on my iMac via Wine so you might want to try doing the same. A search of "apple mac metatrader" finds several explanations of how to do it.

I believe that, in Japanese Candlestick terms, the one in the middle of your chart that is making a low is called a Morning Star Reversal and the other two that are making highs are called Evening Star Reversals.

If it's mobile access you want when you're out and about why not use one of the smartphone versions (iOS, Android, Windows Pocket, Windows Mobile) of MT4 to login to your account? I've got MT4 and MT5 on my iPhone and, although the functionality is ...

Zelenko, as I just said to Darshanag in Post# 21, it is not possible to code this tool to work with MetaTrader because MetaTrader does not support the drawing of circles (only ellipses).

Darshanag, it is not possible to draw accurate circles on MT4 so there is no version available. Instead you'll need the overlay tool that I mentioned in my Post#7 above from which Starry created his own NinjaTrader version.

I agree with Davidb's observation that trends can be in opposing directions on different timeframes, which is why I rarely draw trend lines. They always look so accurate on historic charts but can be misleading on live charts. I prefer to stick with ...

Dimkata, my reading is that the H1 chart of USDJPY is not displaying a clear trend in either direction and spent Friday, Aug 16 trading in a tight congestion range. Once price breaks out of this range we may be in a better position to detect the ...

Starry, good work with your Gunner24 tool. Here's a chart of XAUUSD showing similarities between Gunner24 and Murrey Math Lines. The Aug 23 target date for the next high was calculated using John Crane's Reaction Count method as described in his ...

Yes, Starry, I'm sure harmonics underpin all markets. The "circular trend line method" is also interesting but, like so many on this forum, I use Metatrader which, as I previously mentioned, doesn't support circles. Maybe I should switch to ...

Starry, I believe you have discovered important market cycles with your circle tool. Similar work has been done by Eduard Altmann who has developed a tool called Gunner24 (a free trial can easily be found via Google) that makes an overlay on any ...

Richard D. McCall is a trader, psychologist and black belt and in his book, The Way of The Warrior-Trader, he cites examples of the courage, confidence and discipline of Samurai warriors and describes a detailed plan of how to use their methods to ...

I think you may find these two pages will provide what you are seeking: url url

Well goldcrash, if this is the first time that you have traded a live account I suggest you prepare to kiss your AUD330 goodbye because I would humbly suggest that you are about to be engulfed by emotions in a way you previously thought impossible. ...

My trend definitions are as follows: UP trend: Price makes higher highs and higher lows (staircase going UP). UP trend likely ends when price makes lower high or lower low. DOWN trend: Price makes lower lows and lower highs (staircase going DOWN). ...