Hi bpola, Looks like a good trading method. It gives you a definite direction to trade [which is about 90% of any trading method] and a simple entry. What bothers me about it is many of your trades are correlated. Risking only 1% sounds safe but, ...

The broker "BlackBull Markets" in New Zealand give Australians 500:1 margin if you are interested. David

Hi Soultrader. Not clear. How does this "teach you that you never have to lose if you trade the right size" Thanks, David

Hi Birdland, I think you might benefit from reading some of Alan's posts about money management. See attached. David

According to Minotawr's first post, All you need is: 1/- a strong trend - this is the most important thing. 2/- a 100EMA - this is a visual aid to help us view the trend. 3/- common sense - my observation of people and life, in general, has shown me ...

Hi Fantuz, Both these trades go against the main teaching of Minotawr. I suggest you have a good think about Post# 1 and Post# 106. David

Thanks dazjw. Both you and Mr. Magic 100 are following the same age-old proven strategy that has been around since trading began. 1/- You establish that a trend is in place 2/- You enter on a recovering pullback Thanks for your input, I really ...

Hi Alan, I've just read through your thread on trading with the Quartile. It seems you used to use this on the AUD/JPY during the Asian session. I'm curious, why did you change to the GBP/USD using your current system during the European session? I ...

Hi Alan, Please forgive such a basic question, but today, are we looking for signals that lead price to head towards the ema turns at either 1.2487 or 1.2341? I don't see a bias yet, although, it has been going up [on H1] and is now in a holding ...

Hi 00PIP, Try post Post 2,760 David

Great Explanation Alan! Thanks. David

Bottom left of the Home page url Click the folder to the right of GBP/USD.

How about these on M5?

Looks like Forex Factory GBP/USD has reached 50:50

Not sure without seeing the M5 chart as well, and also not sure exactly what you are trying to tell us? As I see it, on your H1 chart, the 26 ema has gone up, paused and now looks like it wants to continue up [the next swing high of the average is a ...

Hi blessedchuck I suggest you re-read post #4412 "I can't make any sense of your charts" Why? 1/- "Dark blue on black", solution - choose better contrasting colours. 2/- High low EMA's, solution - use ema's/sma's of the closing price. 3/- "Zoomed ...

This is an image of last weeks COT Data for the Pound. Although the retail traders have been wanting to buy the Pound for quite a while, the large speculators have been heavily short. When they change their mind, they will start closing big-dollar ...

Thanks Alan, I'm still at the 1+1=2 basics; but thanks for expanding it (be sure to thank Polly for me as well LOL!). David

Hi Alan, Thanks for sharing a remarkable trading method plus all the time you have put in to help people. Re Money Management: As I understand it, - each of the 3 entries are placed with a 10 pip stop-loss. - each of the 3 entries are placed with a ...

So ...... Draw lines on 4 hour chart to determine trend direction, then draw lines on 15 minute chart & just take trades in the direction of the 4 hour trend? Is this correct?