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Merlin Its almost impossible for a novice to come up with a good premise because they dont understand whats going on behind those little candles. instead they look at the candle itself, just seeing the surface, and making little patterns in their head or with a computers. but behind the candle...

Here follows is a few quotes that I found to be relevant to the discussion over on forexfactory; Topherhk88 I do want to make it clear, though, that my only input is price. I don't use volume or any sort of fundamental analysis. I don't want to give you the idea that my screen is cluttered...

First of all I am really looking for responses from the following ET members listed below. My reasons for selecting like this is after reading many of the posts generated by these posters my perceptions are that these traders are successful on a day trading timeframe. Should you consider to be...

With some brokers I believe it is possible to change your account holding currency. So if presume that the euro will weaken and the dollar will strengthen you could change your funds over to dollars and benefit from the dollar strength.

Sorry Chuck I was going to post sooner but was busy. The answer to your question of what to use to short the Euro against is obviously going to be a stronger currency than the euro. Easier said than done perhaps... In my opinion it would be best to trade something where perceptions around...

Remember that with the euro you also need to take account for what the U.S. is doing.

Seeing as Robert Yanks never showed up for work here are a few ETF´s :-). These are the ones on my radar as they have all reset and I am now waiting for 30 day confirmations. XLP UUP SLX SHY OIH JO

Thanks for your posts "Ghost_of_Blotto" and "experiencedjoe". Judging by the negative feedback you guys receive I am quite certain you are doing very well. Everyone is aware of the 95% statistic and it is threads like this that reinforce those statistics.

A few FX pairs on the radar screen this week however we are in the last week of the month. EURJPY: Confirmed negative 30 day on the 17th March but made a weekly A Down last week but have an A down on the monthlies. EURCAD: Confirmed negative 30 day on the 12th March but made a weekly A up...

Sorry RY You beat me to the post. What I want to try and assemble is away of recording news impacts against instruments so that I can spot the signs of weakness and strength in relation to this. The A levels and OR can certainly be a component to this. 12/15/2011 No, I'm not referring to Al...

Maverick spoke about using an OR that can perhaps be based on volatility or news events. What I am trying to do is to use the number line to score how an instrument responds to news that is applied to it. For example and this is way out there but if Yellen at the FOMC said that data is looking...

Hey ACDr´s I just thought I would let you know a couple of things that I am currently looking at to try and personalise my ACDing. First of all with the Fx markets there has been a lot of discussion into what OR to use as FX is a 24 hour market. I have been tracking number lines across around...

There are a lot of answers to this that you can find in the thread. I know that there is some mention of using the ATR as guide. Maverick used time stops a lot. I'd have to hunt through my notes I know that he said he would trade on a confirmed A up by taking the break of a new high and use a...

Yeah all very valid points King. I´d say the fund squaring positions are going to cause some long macro trends. Certainly worth watching the levels.

Hey King, I actually believe a lot of this has already been priced in especially across European indices with investors already positioned for the relaxed credit conditions ahead. Most indices this morning are in the red at the moment which may be due to heightened expectations of an early rate...

Wow Gold really is taking a hammering. Crude could turn out interesting especially if the everyone is still bearish.....

Jeese Rob, You beat me to it. I take it your in Europe somewhere to be posting at this time? It would be really good to have some constructive criticism from the older guys from this thread. I am up to page 700 at the moment and have read the book around 3 times. It is the best thread in this...

So it was a big week in the markets with the ECB announcing a start to QE and the NFP adding to the probability of an early hike. I am only following FX at the moment but intend to add more as I get more practice in. Pairs I am watching at the moment: EURUSD confirmed an A Down at 1.10487 on...

Did anyone notice the dislocation in the number lines on the US indices? As we were making new highs the number lines were getting weaker.. Maverick talked about this a lot.

Last post for sure this time as I was going to put this in a separate thread. So many guys on here get angry when the successful traders don't release details of an edge they are exploiting. Let me make an example. I give you guys my trading style that says buy when x and y align exit when y...