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lookin good. how much of your account are you risking on each trade?

can you post that thread's link?

mark: thank you for the links. they are helpful indeed. acronym: to me it still looks like a good healthy uptrend, unless 2100 is "taken down" and it fails to make a higher high now. however, the new high had good momentum and i believe cocoa is heading higher for the time being. just from...

i respect your opinion, but i will have to disagree that the forex is inefficient. it's anything else BUT inefficient. due to NO slippage and large capital going eitherway, trends are much more rare and much harder to trade than individual stock trends. this is just my 2 cents and bear...

and i've been draggin' my ass to the office with the flu since thursday... well, seems a trader's gotta eat! :) seriously guys, whoever uses price, price patterns, trendlines, pivots, s/r levels of any kind... PLEASE post on this. other indicators are welcomed, but mainly price first...

Mr Black. Thanks for your post, but please do reveal your approach towards chart patterns since this is the thread to do it on. Speaking of eurusd, i had some work on it too. :) Here is it. 4 hour clear higher high, higher low pattern showing bullish strength. 1 hour shows a...

"oh shit!" about 90% of traders, 90% of the time!

Ok. Here is one example of what i was writing about, being my approach. I like the USDJPY pair and it has been moving extremely fluent for the past couple of weeks. This position has drawn me further into the pair. I am not sure if it will still move like this is a month from now, but right...

ok, let's say fibs are in for the moment, although i wouldn't quite consider them chart patterns :)

can you develop on this? the reason, your current approach, the market, the timeframe? thank you

i know man. :) that's why i need to post some charts. hell, i didn't enjoy writing that much either :) if you have your charts at hand, let's not waste a weekend.

Ok. I will first desribe my approach in general, and then, as i progress, hopefully starting monday i will process some snaps in the diary and post them. But do not wait for me. I daytrade currencies. I first look at patterns on the 4 hour chart to establish a bias. I then look at the...

absolutely. i just didn't want to come off as some sort of know-it all that wants to show others how stuff's done. i need other people to do it too.

rosy2: well, that is exactly my point. you can't "precisely" define a double top. Your eyes see it as being attractive or not. If you get technical, of course you can look at how steep the valley in between is, how sharp or not the peaks are, how long, and so on... but just like with human...

Instead of stupid contrarian talk, those of us who use chart patterns to identify market setups are invited to post their way of PLAYING the actual setups. Timeframes, additional tools for execution or setup, anything is good here. My intention for this thread is to really become an...

sam mcgee: i'd love to compete with an automated chart pattern trading system. really. i would love to humiliate it. will it also do position management and be aware when to do it and when not to? like, you know, news is coming and you'd better seal your shit tight? anyways, just show me ONE...

forex-forex: you must be joking!

because intraday has a VERY high degree of chaos to it, i say price and chart patterns w/wo central pivot point and multiple timeframes. learn to sepparate the wheat from the chaff and you are ahead. the idea is to trade only very good looking patterns intraday, otherwise you will be...

Well, here my opinion about correlation. You will never know when they are in sync and when they are not. Correlation also varies across different timeframes and in some cases it even goes 180 degrees from daily to 5 minutes. i think that judging the level of supply or demand for each...

i'm goin' to the bank! see ya tomorrow. anybody comin' wit me?