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- CodeMuncher replied Aug 20, 2008
image Looks like the shorts covered on triple payout Wednesday
No Brainer Trades
- CodeMuncher replied Aug 20, 2008
image Look at top left. Is that what you had in mind?
distance between ema's
- CodeMuncher replied Aug 20, 2008
image Watching then nearby support and resistance in real time on multiple time frames is helping pinpoint the entries.
No Brainer Trades
- CodeMuncher replied Aug 19, 2008
image The bar close was above the open according to your chart. Shorting on a green H1 bar is not usually a profitable trade.
No Brainer Trades
- CodeMuncher replied Aug 19, 2008
image CindyXXXX: To continue the scalp off of support break "lesson", if you look at the M5 candle, you can see the development of the trade: 1) Price put in support at the first Big "3" at the bottom. 2) Price failed to make a higher high - ...
No Brainer Trades
- CodeMuncher replied Aug 19, 2008
No and No. You can open the tick chart in MT4 but that's a separate chart.
No Brainer Trades
- CodeMuncher replied Aug 19, 2008
image CindyXXXX, I scalp trade GBPJPY so maybe I can be of assistance and end the confusion. You will notice that price either bounces off of or breaks those support levels in your chart. If you see price make a new level of support, that's bounce ...
No Brainer Trades
- CodeMuncher replied Aug 19, 2008
Hi BRV: Thanks for being nice. You are partially correct in what you wrote. - That forum is where you find the guy who wrote the code. He posts lots of free code and some code you get if you send him a donation. - Looking at the code the 3 Level ZZ ...
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
Someone said they didn't like 1-2-3 indicators. But looking at the charts BRV has posted, aren't the lines almost always drawn at a 1-2-3 point?!
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
What is "too late"? 5 pips? 10? And on what time frame? A simple pivot point trigger may be all you need to enter. Perhaps if you posted a chart, I would see what you see. Thank you.
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
image Earlier, I posted that some indicators are "wake up calls" rather than triggers. A trigger is a price point at which you enter the trade. One can use the pivot point (H+L+C)/3 of the previous candle as a trigger. You can enter when price ...
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
Don't you OBSERVE rather than PREDICT market type? No pun intended.
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
Unless you use tick data, how do you know what happened first, the high or the low unless you make an assumption. Perhaps I don't understand how you define "spike" and where price "spiked from".
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
On your trading platform there most likely is a HIGH OF THE DAY and LOW OF THE DAY. This changes during the day. Is that repainting? The problem lies not with the "repainting" indicator. The problem lies with how the trader uses it! Of course, you ...
No Brainer Trades
- CodeMuncher replied Aug 18, 2008
image Loudoniii, you like monthly data... there's 3,600 months of GBPJPY data analyzed in real time for nearby support and resistance levels. Also in real time how many bars closed above and below the current price. This does all the work for you.
No Brainer Trades