fxtrader12

On fx forums one can get criticized for giving good ideas on trading, and many entries are talking pure BS. Maybe you shouldn't get discouraged by that, accept that as normal and join the party. Suggest, don't reply to attacker, he has no right to do attacking, neither the right to tell you what you should present as fx material, he is just a naughty punk and not worth to reply to. So, if someone reject you for innocent and good entries, simply don't reply

Forward testing, good idea.

[....] Never forget that we are trading traders. If it were math, then 2 + 2 would always = 4 and that just doesn't happen in the market. Finally, on the 11th try one of the signalling services arrived en plus. The record is: +60; -60; -60; +30; +67; -67; -43; +56; -51; +53; +59; (total +44) Perhaps trading math is: good + bad = futile (?) or good + good = wait a little longer (?)

Asking for extensive fx proofs of prior performance looks like an invasion of privacy. Some individuals never discuss personal finances with strangers. I'm pretty satisfied with Wshahan affirmation of 3.5% growth and don't need any more proof. Looking forward to learning more on new elements of technical analysis.

I don't mind suggesting good returns on investments to adolescents.

[...] Please continue posting whatever you have [....] Yes, post whatever you like, don't limit yourself by parameters suggested by some forum participants. I like to listen to any ideas on trading, even those that are difficult to justify on terms of holy grails or standard technical analysis. Good intentions to help others score merit in heaven. Enclose image of "fx horse".

Both RSI and MA's are valuable as momentum indicators. Oversold and overbought levels concept is working very well, and can be used as signals. Maybe try to analyse the issue at low settings.

I fully agree. "Patience" is different than "price action" as method of trading and can be more effective. Recently one of the signals service based on "price action" gave these results: +60p; -60p; -60p; +30p; Don't know the future series, but above short series one ended negative.

Today's (4 April 2012) spindle - 55 pips. AUDUSD 2.00 am WA time, news. Enter early at own risk.

Re: [...] The underlying argument for this method is that price activity tends to be explosive at major psychological levels and scalping opportunities can be seen when risk to reward ratios are inverted on short term time frames. Adding to the validity of these trade examples is the relationship of price to its moving average, as the buy entry occurs when prices are above the 100 and 200 period EMAs, while the reverse is seen prior to the sell entry [...] ...

Today's (22 March 2012) spindle - 70 pips. AUDUSD 10.30 WA time, news. Enter early at own risk.

[...] So do we take your word for it or that of some famous traders like LBR, L. Williams, Michael Harris and so many others? [....] What is your problem?

Won't be? Why not? Is this forum accepting only 50% methods as true and any better than that as fake?

[...] You can safely assume as fact that some people trade better with indicators and some trade better with watching pure price action, while yet others trade better with a smattering of both. Opinions one way or the other don't change that one iota so don't ever accept other trader's "opinions" to the contrary. Opinions are pretty much like derrieres (your posterior heh, heh) and pretty much everybody has one. Some traders may think they have "graduated" beyond the need for indicators and that is fine as there is plenty of room in the markets for all types. There is no such thing as a pure best method of trading no matter how much some may wish to protest to the contrary. [...] Yes, I agree Some trade with indicators and win Some trade without indicators and win Some trade with indicators and lose Some trade without indicators and lose I don't see the problem at all. I rather think that traders criticising indicators, can't make a good use of them - hey don't experiment with different settngs and have no patience in finding their true help. I visited seminar yesterday that explained elliot wave and some another obscure oscillator giving 100% winning trades at all times. (????)

Fresh News candle today at 17.30 pm wa time (4.30 am US) News hour = manufacturing production news GBPUSD 15m charts Enter market order in direction of spike. The method is fresh, probably needs following for some time, looks good for a time being.