- Search Forex Factory
- 107 Results (1 Thread , 106 Replies )
- WickedDaddy replied Mar 23, 2022
Just a quick note to all in this thread: I have been consulting to an asset management firm I was once associated with and it is taking up all of my time. So, I have not been here for a while. I should be done with them next week and can answer ...
- WickedDaddy replied Mar 1, 2022
Another thing to consider is the current price is consolidating at previous support, now resistance - the launch point of the previous uptrend. NZD could certainly weaken and be sold down to a new low. But this recent uptrend is coming off a ...
- WickedDaddy replied Feb 28, 2022
Looking at NZDCAD, the weekly is in its 2nd cycle after the cross (week of May 10). It has not completed this cycle yet and is nowhere near BB intersection yet. The daily is in a weakening down trend, with the latest uptrend extending for a longer ...
- WickedDaddy replied Feb 28, 2022
it's not clear what you are asking. NZDCAD? You posted an NZDUSD chart. The entries look clear based on the rules in Post #1. But I drew them on your chart anyway - freehand, so please forgive the amateur mouse control... I'm showing 1st, 2nd, and ...
- WickedDaddy replied Feb 25, 2022
I don't trade that version. It was just to make a point. But just for fun... I would add a BB and put the SL just above (short) or below(long) the deviation at the time of entry. I would set a TP for at least 1.5 times the stop in pips if I couldn't ...
- WickedDaddy replied Feb 25, 2022
First, the 15 EMA crossed back over the 50 SMA, upwards. That negates the trade. Second, I was asleep at that time in the morning. But even if not, refer to the above. That drop happened out of fear of the Ukraine invasion. Sure, the short ...
- WickedDaddy replied Feb 25, 2022
Buy set-up on 4 HR EU? I don't see it (at least, not by the rules). There was a 2nd cycle buy set-up on 4 HR AU that looked pretty good. I didn't take it because the 100 and 200 SMA were holding the price at the time and I had to go to dinner with a ...
- WickedDaddy replied Feb 25, 2022
A Guy's Gotta Sleep... Below is an example of a trade I set up before going to bed last night. We're looking at EURUSD on a 1 HR chart. I went to bed during the second to last green candle before they turned red. I estimated that price would ...
- WickedDaddy replied Feb 25, 2022
I see that what I thought would happen, unfortunately has happened... as it does in probably every thread on any forum, regardless of topic. Someone hijacks the thread with their opinion or whatever. Some jump on board while others reprimand the ...
- WickedDaddy replied Feb 24, 2022
We're having fun now, eh?
- WickedDaddy replied Feb 24, 2022
I'm going to throw something at you that is completely unorthodox. But it proves a point. The chart below is USDJPY 4HR. We focus so much on candles that for this exercise, I have removed them. There are 8 vertical lines on the chart. Red is to ...
- WickedDaddy replied Feb 24, 2022
A beautiful trade indeed. Congrats!
- WickedDaddy replied Feb 24, 2022
Nice chart. Looks like all good trades, if managed well.
- WickedDaddy replied Feb 24, 2022
My chart looks different than the one posted: image All the arrows and comments should explain it well. Typically, a cycle is above 80% or below 20%. But if it gets close I'll count it. Another thing to consider is the price action of the cycle. ...
- WickedDaddy replied Feb 24, 2022
Clayton, Please feel free to do whatever you want. You don't need my agreement. Sharing my method here makes it public domain and I hope it results in profits for those who use it. Personally, I will not be starting a telegram group or otherwise. ...
- WickedDaddy replied Feb 24, 2022
It sure was tempting. But my rules don't include trading during geo-political events the magnitude of the Ukraine situation. I'm 100% in cash and sitting it out. There is always another trade.
- WickedDaddy replied Feb 23, 2022
I don't use MT4 so I don't have any. But I believe someone posted MT4 indicators/template earlier in this thread.
- WickedDaddy replied Feb 23, 2022
That UJ trade looks good. Fundamentally, if the Ukraine situation gets ugly, money will move to JPY as a safe haven and make that a really nice trade. It's on the second cycle, but I'm watching it as well. Congrats on GU trade. Well done. I missed ...
- WickedDaddy replied Feb 22, 2022
Excellent work! Somewhere in here you may have read that in my testing, I realized an 87% success rate. I am curious what you have found in your research... Have you analyzed 100 set-ups and logged the results? Or perhaps more? If so, what ...
- WickedDaddy replied Feb 22, 2022
Are you in Russia? True, I don't expect it to just go away. Either it will become something more than the current situation, which will send markets one way. Or, it will dissipate into a political quarrel of rhetoric and markets will treat that by ...