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- notouch replied Oct 7, 2021
Hardcore pivot action on crude oil this week. R100 straight down to the weekly pivot. Do you ever trade it directly? image
Pivot Trading
- notouch replied Jun 1, 2017
Thanks for the suggestion. I'd like to do that because that indicator is definitely something that would help me visualise my current strategy better, but it would be a massive hassle and probably wouldn't even work. I think the indicator must be ...
(binned per thread starter’s request) Simplified Indicators by DR
- notouch replied May 31, 2017
So it's a bug that doesn't affect everyone. That doesn't mean it doesn't have a bug.
(binned per thread starter’s request) Simplified Indicators by DR
- notouch replied May 30, 2017
Nice idea but TDI RED GREEN BAR.ex4 causes my MT4 to hang. No other indicator does that so must be a coding issue.
(binned per thread starter’s request) Simplified Indicators by DR
- notouch commented May 30, 2017
This isn't an opinion poll but an analysis of 'microdata'. Wait for the short covering back up to the weekly pivot.
YouGov poll: UK Conservatives projected to fall 16 seats short of overall majority
- notouch commented May 26, 2017
A hung Parliament would be a disaster for Brexit negotiations, which is why the pound is in freefall.
The pound drops towards $1.28 as the Tories' poll lead continues to shrink
- notouch replied May 24, 2017
The problem with trading GBP/USD at the moment is that different brokers have different prices for the low of the flash crash, so it's difficult to draw long-term fibs. Some brokers have their low as something like 1.1425 but this was just because ...
Cable Update (GBPUSD)
- notouch commented May 24, 2017
This is the guy who can create £ from nothing on a computer. God help us.
Bank of England governor falls for email prank but maintains his composure
- notouch commented May 18, 2017
Good trading. That situation where a round number is acting like a magnet and price keeps bouncing near it is one of the best trades because it suckers in a lot of traders who have to cover after the breakout. It happened a few weeks back when the ...
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
- notouch commented May 18, 2017
I would call it a short squeeze rather than a hunt. With all those stops above 1.3 you'd expect it to accelerate so I don't know where UOB are getting their 1.3030 resistance from. I don't see any real resistance until 1.3440 but the 50% fib might ...
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
- notouch commented May 18, 2017
GBPUSD neutral: '1.3030 is expected to offer solid resistance' Really?
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
- notouch replied May 11, 2017
How much time do you spend staring at the screen each day? I think the more time you spend staring at the screen, the higher the probability of 'losing the plot' and entering trades just to relieve the boredom or because you're worried you'll miss ...
Lack of willpower, or something deeper?
- notouch commented May 9, 2017
Everyone except the clowns at CNBC. Buy the rumour sell the news. What's unexpected about that?
The euro just did something that few expected
- notouch commented Apr 30, 2017
This is a total non-story and posters saying this will cause a big gap down are clueless. Everyone knew the EU would take a tough negotiating stance. No one thought they would just give May everything she wanted. If GBP does gap down it's because ...
Theresa May rejects Brussels's hardline Brexit demands
- notouch replied Apr 16, 2017
Comparing treasuries to forex is not comparing like with like. Notice this website is called forexfactory, not treasuriesfactory. If you want to talk about treasuries go to elitetrader. I made it very clear my comments were comparing fx futures to a ...
5 years and still no strategy
- notouch replied Apr 16, 2017
For scalping it does but for trading the 4H charts it makes very little difference. When you're looking for a 500 pip move trade placement is more important. Also the liquidity isn't there in the futures market, especially on crosses, so you're not ...
5 years and still no strategy
- notouch replied Apr 16, 2017
You're the one who has no clue, that's why you keep backtracking. First you claimed you could see 'someone' i.e. one trader placing large orders, now you're just talking in general terms about order flow. Of course you can use order flow to scalp. I ...
5 years and still no strategy
- notouch replied Apr 16, 2017
Not really true. You're instantly down trading futures too as you have to pay a commission to your broker that's typically equal to about 1 tick. Some forex brokers have favourable spreads so you only need the market to go 0.5 pips in your favour to ...
5 years and still no strategy