FOREX TRADERS

[Ataglance2]

Im Back

[Ataglance2]

Meow......:)

[Capitalist]

I believe I recognize that cAt over there....

[Ataglance2]

Hello,wow..still here.came back to get some of the info that use to be here but i see someone took it down.?I leave for a minute and and someone took my stuff...?so hows life treating you?Ill surf around this board a bit to see whats been going on..not back for good ,just visiting.kinda forgot how to use this platform.

[Capitalist]

...and here's the last of the videos (finally).

So that's it. Have fun looking around the site. Check out the past year's worth of issues (free), get 3 research reports (free), check out the blog, read about me (ho hum), etc.

Come back and share your thoughts.

This is Cap, signing out for now.

[Capitalist]

...and it's tomorrow. We're live.

https://fxtradersweekly.com

[Capitalist]

Tomorrow's the day....

https://fxtradersweekly.com

[Capitalist]

As promised, there's a new video out today with much more detailed info about what's in the FX Trader's Weekly. Only four days to go before it becomes available to everyone.

[Capitalist]

"Down by the RIVER!!!!" lol

Looking around over at the EW site now. So you're an "Elliotician" then? I always liked the whole price movement fractal concept of that. It gets complex though, and there's that issue of subjectivity in the choice of start point for the waves.

What I'm launching on August 10 (which is only a week away!) is almost all related to fundamentals, so it might be a nice complement to that kind of uber-technical approach.

Well, it's still Monday, so I'm not late! Here's the promised video, which is #3 out of 5. The next one's on Thursday, and that will have a lot more detail.

[Jester_Vandalay]

Same screen name and living at my new home down by the river....enjoying life and still eating dry white toast and dring free coffee.


Homesteading @ EWT

https://www.elliottwavetrader.net/members/atchat/

[Capitalist]

New vid out tomorrow. 8 days to go...

[Capitalist]

Ahh, it all becomes clear.

Yes, you were #2 only because I subscribed from my personal channel to make it easier to pull up the new one, lol.

Yes, I've seen your posts over the years, as I actually check the board several times a week. I hadn't been posting for a long time because I had an old computer and all the flashy new stuff on iHub slowed it down too much. Got a new one a few months ago in preparation for this new endeavor of mine...

...which will launch in just 9 days now!

The YouTube channel is actually just one of two social media outlets for what I'm doing. With Monday's video, you'll see what the main site is - but it still won't be open to the public until...

...August 10, 2020.

Which is just because it's the first anniversary of the first issue of FXTW (whatever the heck THAT is, lol).

So stay tuned! And good to see your smiling pixels on this board again!!

[Jester_Vandalay]

Play on words, "whistle past the graveyard" and subscribing to your YouTube site.

It's amazing how many times I stopped by over the years, dropped a few messages (notes) for people to read, and hopefully brought back a few good memories of yesterday past.

Jester the wingless buzzard is earning his butterfly wings watching and learning to trade futures with the Wolf pack.

Looking forward to your YouTube site to also color me intrigued.

[Capitalist]

Only 10 days to go until the big day on August 10. Another video installment on Monday with more info.

[Capitalist]

Graveyard? Notes? #2? Color me intrigued!

[Jester_Vandalay]

Sometimes in Life one has to walk past the Graveyard and drop a few notes. Looks like I'm number #2.

[Capitalist]

I know this cAt.

[Capitalist]

What???? Someone's alive! Long time no see Jester.

Yes, only 11 days to go. But I said I'd put up another video on Thursday, so (finally) here it is.

[Jester_Vandalay]

I've been on the East coast for a year, looking to move further North. New Jersey area.

[Jester_Vandalay]

Only a few more days

[Capitalist]

New video coming out tomorrow on this with more info.

(only 12 more days until August 10...)

[Capitalist]

13 days until the big release on August 10, 2020.

Haven't posted my equity curve in a year, so here's an update.
(Note: This is a "model account" associated with the launch on August 10. More on that later..)

[Capitalist]

Cricket...cricket...cricket.

I posted a little teaser vid. Let's see if I can wake anyone up around here.

[Capitalist]

Wow, I posted this a year ago. It's been a long slog, but on August 10, 2020, all will be revealed...

This old board seems to be on its last legs. However, in tribute to its early glory days and all the good times we had back then, I'll be dropping in over the next couple of weeks to leave a few mystifying tidbits.

Let the countdown begin...

[Joe1984]

Been shorting it today

[Maxx5]

there are a handful of nice money making trends ongoing now...intraday

[Maxx5]

euro trades up 20 pips now

[Maxx5]

eur/jpy and eur/usd trending higher....buy point at the 13 ma

[Maxx5]

usd/jpy trending up at 108.83

[Maxx5]

eur/gbp trending up at 0.8917

[Maxx5]

10:00am usd and cad high impact economic data out

[Maxx5]

usd/cad sideways trend now

[Maxx5]

eur/usd trending up at 1.1204

[Maxx5]

usd/cad downtrending at 1.3527

[Maxx5]

aud/usd uptrending at 0.6892

[Maxx5]

Many great intraday trends happening this morning, more than I have posted.

[Maxx5]

gbp/usd trending higher now at 1.2557

[ford7319]

Yup.

[Maxx5]

usd/cad uptrend starts at 1.3535

[Maxx5]

eur/jpy uptrend starts at 120.78

[Maxx5]

usd/jpy uptrend starts at 107.857

[Maxx5]

gbp/jpy intraday uptrend started at 135.85

[Maxx5]

eur/gbp sideways now at .892...40 pip profit

[Maxx5]

eur/usd trend over 20 pip profit at high

[Maxx5]

eur/usd trending up now at 1.1123

[Maxx5]

EUR/GBP trending down intraday at 0.896

[210posse]

Are there anyone here who love the dollar/yen?

[210posse]

Anybody here robo trading?

[dennisadller]

Four key reasons to use the RSI indicator

Indicators can be very useful tools for retail traders. If you learn the proper use of indicators chances is very high you will be able to make a huge profit from this market. The majority of the new traders in the United Kingdom often makes things complex by using too many indicators. They think by using more indicators they will be able to find the very best trade setups. But in reality, they make things confusing and thus they lose money by executing low-quality trades. Though there are many kinds of indicators in Forex market, in today’s article we will discuss the RSI indicator. To be precise, we will highlight four key reasons why you should use the RSI indicator.

Overbought and oversold condition of the market

The best way to find the overbought and oversold condition of the market is by using the RSI indicators. There are two basic levels of RSI indicators. The upper reading is bounded by the markets 70 and the lower reading is bounded with the markets 30. So if the RSI curve stays at the 30 markets level you can assume the market is in an oversold condition. This means you can look for potential buy signals in this market. On the other hand, if the RSI curve hits the 70 markets level, you can look for potential short trade setups. When you use the RSI indicators make sure you are not using the lower time frame data. The lower time frame will always generate low-quality trade signals. Stick to the higher time frame to achieve better results.

Saving yourself from the trend reversal

The experienced traders prefer cfd trading at Saxo since they can easily ride the market trend by analyzing the data in their robust trading platform. But does this mean they never lose money? The simple answer is no. Even the long term market trend can change due to the event of high impact news. So how do you save yourself from such conditions? Just by using the RSI indicators you can easily get early signals about the trend reversal. Let’s say the long term market trend is bullish. If for some reason, if the RSI indicators value stays near the 70 markets for a prolonged period of time, the chances are very high you will get a trend reversal. The best way to ensure the reversal of the trend is to use the simple Fibonacci retracement tools. If for some reason, the price manages to break the 61.8% retracement level, consider this as a trend reversal confirmation signal.

Scalping the market

It's true that using the RSI indicators in the lower time frame is extremely risky. But this doesn’t mean you can use it scalp the market. For this, you need to master the art of multiple time frame analysis. Once you find the RSI indicators in the overbought or oversold condition, switch back to the lower time frame and look for the potential trade setup. If possible, use the price action confirmation signal to execute the trade. Though this system is very risky, by using the price action confirmation signal you can easily increase your winning edge.

Trading the major breakouts

One of the easiest ways to trade the major breakouts is by using the RSI indicators reading. Most of the major breakout occurs when the value of the indicator reading lies near the 30 or 70 markets. But to spot the true breakout you must use the higher time frame data. It’s true that higher time frame trading is extremely boring but once you understand the importance of quality trade execution you will never use the lower time frame data. Being a new trader, make sure you not risking more than 2% of your account balance in any given trade. If required, stay in the sidelines for a long period of time until you get a clear signal.

[dennisadller]

Four key reasons to use the RSI indicator

Indicators can be very useful tools for retail traders. If you learn the proper use of indicators chances is very high you will be able to make a huge profit from this market. The majority of the new traders in the United Kingdom often makes things complex by using too many indicators. They think by using more indicators they will be able to find the very best trade setups. But in reality, they make things confusing and thus they lose money by executing low-quality trades. Though there are many kinds of indicators in Forex market, in today’s article we will discuss the RSI indicator. To be precise, we will highlight four key reasons why you should use the RSI indicator.

Overbought and oversold condition of the market

The best way to find the overbought and oversold condition of the market is by using the RSI indicators. There are two basic levels of RSI indicators. The upper reading is bounded by the markets 70 and the lower reading is bounded with the markets 30. So if the RSI curve stays at the 30 markets level you can assume the market is in an oversold condition. This means you can look for potential buy signals in this market. On the other hand, if the RSI curve hits the 70 markets level, you can look for potential short trade setups. When you use the RSI indicators make sure you are not using the lower time frame data. The lower time frame will always generate low-quality trade signals. Stick to the higher time frame to achieve better results.

Saving yourself from the trend reversal

The experienced traders prefer cfd trading at Saxo since they can easily ride the market trend by analyzing the data in their robust trading platform. But does this mean they never lose money? The simple answer is no. Even the long term market trend can change due to the event of high impact news. So how do you save yourself from such conditions? Just by using the RSI indicators you can easily get early signals about the trend reversal. Let’s say the long term market trend is bullish. If for some reason, if the RSI indicators value stays near the 70 markets for a prolonged period of time, the chances are very high you will get a trend reversal. The best way to ensure the reversal of the trend is to use the simple Fibonacci retracement tools. If for some reason, the price manages to break the 61.8% retracement level, consider this as a trend reversal confirmation signal.

Scalping the market

It's true that using the RSI indicators in the lower time frame is extremely risky. But this doesn’t mean you can use it scalp the market. For this, you need to master the art of multiple time frame analysis. Once you find the RSI indicators in the overbought or oversold condition, switch back to the lower time frame and look for the potential trade setup. If possible, use the price action confirmation signal to execute the trade. Though this system is very risky, by using the price action confirmation signal you can easily increase your winning edge.

Trading the major breakouts

One of the easiest ways to trade the major breakouts is by using the RSI indicators reading. Most of the major breakout occurs when the value of the indicator reading lies near the 30 or 70 markets. But to spot the true breakout you must use the higher time frame data. It’s true that higher time frame trading is extremely boring but once you understand the importance of quality trade execution you will never use the lower time frame data. Being a new trader, make sure you not risking more than 2% of your account balance in any given trade. If required, stay in the sidelines for a long period of time until you get a clear signal.