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about the stochastic proccess you r using on your trades, did you have to fully undesrtand all the theory and maths that stands behind? or just the basics? i ask that cause the available material is huge and endless i could say. thanks

Hi HTR, i just read this post about stochastics. I allways though you meant the indicator! lol Anyway i had a look on wikipedia and other google links about stochasticks. Thats really pure maths, full of functions etc. I though it would be more simple to understand. Got any links to...

banks rules the world... taxes on the futures/forex etc willl always be 0 or very very low... its a very big big business

Its really amazing how useful is a two-three days break out of trading and some good sleep. I can see S charts much clearer and from another POV. S mate, honestly you really have helped with this thread. I m not sure if you re planning to retire it on about 2 pages from now but it would be...

S, thanks for your comments. So far I didn't pay attention on how the order the EMAs were lining up. May be I should. You say that my trade was a "retrace on a long". To be honest I thought we were only trading retraces and generally for some reason its easier for me to trade retraces...

ok this is a winning trade I took today after a v stupid loosing trade yesterday... but i need them to learn from my mistakes. On 1H TF there was a DT forming so there was supply right above and with clear divergence on the 2nd leg. On 15M TF there was no divergence on the 2nd (1H) leg or at...

S, why have you marked the cross of the money line? is it so important?

S, thanks for your notes. As you say "you need to define trend". Exactly! But is SO subjective at least for me! I suppose even if we make a poll here on where trend starts and ends on the very same chart i m pretty sure we will get too many different answers. I suppose thats...

the chart

ok here is a trade i made today. I show a DT with divergence on the 1st rectangle (without any fib) where i entered on the white line. Then price reversed but didnt hit my SL and formed another DT with divergence and hit 423 i though it could go lower. Well it didnt. I was lucky i...

S, thanks for your answer. I didnt see that. Another lesson learned... The last few weeks I ve learned a lot. Its so amazing how an experienced eye will look at a chart... The reason I didn't see that DT was because I just keep looking for diverge DB/DT patterns away from the ML. Not...

hahaha :D ok here is another SL... bad day!

ok... hit SL... :( divergence away from money line slingshot can't figure out what went wrong. it was near news time but i had 10 minutes before news release.

you always make it look so simple :) i m studying your charts and looking for relations between DT/DB, trend and the 3 EMAs. Is there any point of researching this?

i couldn't find any DT/DB trades to take today...

a trade i took today. ok there wasn't lot of price action but after London open price moved away from money line. A DT with strong divergion formed. Histo bars were just bellow zero line on the 2nd leg so buyers were moving out. My only doubt on that was that fib on 2nd leg was near 61.8...

S, thanks for your answer. As I have noticed fibs are flexible. I took a trade on Euro this morning... and i hit SL. Everything looked fine. There was hidden divergence on the uptrend that formed a DB and macd was heading north so I went long after the 2nd leg. A 3rd leg was also...

here is the chart

S, on this is one (27th of Dec) there is a DB with clear divergence. But the way you ve drawn the fib, although its a perfect fit on the trade, i can't understand, where the 100fib level snaps to? on which bar? I attach the way i would have drawn the fib. Athan

Happy New Year everyone! Holidays are over so ... Back to trading... I need to catch up few pages with posts...