Yeah I agree jav...the time change crap robs me of a big chunk of precious little daylight I had before..this adds to my available time problem..utterly ridiculous that they do that!..going into time change we ALREADY were losing daylight hours then these idiots rob us overnight of ONE MORE HOUR!!!IMO its not daylight SAVINGS time its daylight LOSING time!!Crazy

Yep...Roadkill for thanksgiving is all I wanted..guess I had too many years of eating my own "food"(LOL)..jav..I am sure glad to see some activity on this board which I dearly love..sdc..pennies..KIRBY ...Heavyweight...etc...Thats great!Would like to say I will be around more often but seems like its really hard to do..the twins nap at our house everyday from around noon to 2 o clock or so..then another hour or so helping the wife keep the little rascals corraled seems to be the norm...after that I have to scramble to get things done outside...after that I am tired and ready to call it a day really early.My trading time is more often than not if I wake up in the middle of the night and cant quickly go back to sleep.Usually up around 6 AM but by the time I have coffee and wake up good it seems the twins are back for the morning naps and the cycle begins again!Life was sure easier before retirement..or so it seems!!(LOL)

Am real late to the party jav but HAPPY THANKSGIVING...keep your little pink floaties handy..you always needed them you know(LOL)

Howdy DA...good to know I've had a positive influence and hope it helped a lot of folks through the years...this response to your post is my first post on the board in quite a while now..retirement aint what I expected(LOL)...no time for posting here and I hate that..sure do miss all the good times and friendships that have been made in past years.My twin grandsons are a year and a half old now and the little buggars are wearing me out!...I love them dearly and guess I wouldnt have it any other way.I still manage a spareing amount of trading in FOREX but now no time for scalping..just go in fairly small and ride longer term trends for a few bucks here and there..mostly on AUD/NZD...just trading its cycles which I've yet to make much sense out of..I dont argue with the market tho..I just try to get in and do what they seem to be doing..works out fine so far.I wish you and the board a HAPPY belated THANKSGIVING as well.Miss you all more than I can say!

Thanx jav..believe it or not I painted the tractor with rustoleum in rattle cans...did a lot of prep first of course...fine sanding...self etching primer..600 grit wet/dry paper..then topcoats.I was very pleased with final results and had intended to finish with clearcoat but instead found that the paint job performed better than expected as single stage paint so I finished it with mothers wax rather than clear coat.Just added new decal set and waxed it..I'm happy ...happy!

Howdy pennies..still real busy for sure..just finishing up on latest project..a 1964 Massey Ferguson diesel deluxe tractor that a dear relative gave me..got it looking like a new one and ready to install a new fuel pump..change fuel filters and oil and it will be complete.Heres a picture of it as it looks now..was pretty rough looking before I started that project but now she looks new!

Hey omar!!Dang its been ages since we last heard from you and seems you were having some health issues back then..hope all is well with you now.On my end of things I sold the restaurant and retired..but retirement seems to be keeping me so busy I trade only spareingly and as far as posting goes this is first time in a while since I stopped long enough to get on the board.I check it often but seldom steal the time to yak with the guys.Anyway its great to hear from you omar..dont be a stranger..as you know this is a great bunch of guys and they keep things alive and well here in the Green Room!

Yep jav..mainly H4...when time permits I trade M30 but just dont have scalping time lately so M30 is low as I can go now.

GM pennies...ah the blissful joy of retirement huh pennies(LMAO)..looks like you and I are in the same boat..my current project is the tractor thingy I posted to jav about...once its finished I have a much bigger one facing me...restoring or fixing up a 1988 Winebago Superchief RV sitting outside.Been waiting on it til I get title secrely in my name..dont want to throw cash or hard work before title issue is resolved.THAT is gonna be a long winded project for sure.Runs and drives good but needs a lot of work to get all functions operating as they should.
BTW I'm also looking for a turn on AUD/NZD...had been trading it quite a bit but waiting now to see what these clowns are pleased to call a bottom!

GM jav..I'm still around..sort of...sure dont have time for posting except in evening but by then I'm usually worn down and ready for early bedtime.Retirement is not what its cracked up to be(LOL)Lotsa projects going all the time.My son in law bought a stock trailer for $300 quite a while back and it needed a lot of work...we just finished it a few days back and it looked great...we put it by front gate after we finished and it sold for $1000 in less than a week.So that project is behind me.Now Im restoring a 1964 Massey Ferguson diesel deluxe tractor that a cousin who has serious health problems gave to me.He had been a super good mechanic most of his life so the tractor runs and drives like a new one but been sitting up a long time in the weather so needs a lot of cosmetic work...derusting..sanding and painting etc.I just got the Bush hog primed yesterday and if weather is cooperative we will shoot top coat today.Already have some of the tractor itself primed but need a lot more derusting and stuff to do on the engine and transmission case.Guess you can see how much "fun" my retirement turned out to be.Still manage to trade a bit but nothing like it was before I had all this time on my hands(LOL)
Hope youre doing well and hope everyone else here is Ok as well.I really do miss the old days here on the board.Great bunch!

Not really jav...epsom salts has little if any value as a pesticide..heres a link to what it does for making healthier plants...google epsom salts..theres tons of info about it

Good afternoon jav..,I had the same issue with SMI and finally just took it out..SMi is pretty good as far as indies go but couldnt feel it could be trusted because of the failure to refresh thingy.

BTW stargate...I will be ready to defend my AUD/NZD gains thus far if the unexpected happens and RBA cuts 25 bp..entirely possible you know since CPI numbers came in well below expectations a few days back...that really surprised me BTW and the CPI fuels rate decisions as you well know.Fingers crossed for a hold tho and NO dovish BS outa the RBA.

Good afternoon stargate...hope youre right on no cut from RBA..am long AUD/NZD and nice profit at this point but a stronger move north would sure be sweet on top of gain I already see!

Hey jav.next time you water your garden I suggest you also mix up 2 or 3 tablespoons of epsom salts per gallon of water and sprinkle this on all your plants when through watering..sprinkle it right on the leaves and to base of the plants...you might be amazed at what this can do for your plants..whether veggies or ornamentals.
Youre right about rainwater..its hard to beat the benefits of the pure stuff..the epsom salts treatment might help some tho.

If weather report holds true this mess should start clearing out by about 11 AM my time and nice weather should return for next several days..since you need more rain maybe this current system will work its way to Alabama...take it with my blessings(LOL)

GM jav....yep I'm fine but the flooding has been horrible in our half of Texas from Houston and everywhere north of Houston into NE Texas..not sure I've ever seen such devestating rain and storms over such a long period of time..just wave after wave of this crap and I'm sick of it.

Good afternoon pennies and all..market psychology is hard to put a handle on for sure...good case in point is the recent decision by BOJ to withhold their money printing campaign.Its wreaking havoc on other currencies as well as stomping Japanese exporters into the ground the way I see it.It seems an open invitation to be long on Yen..which IMO is ridiculous..face it..the Yen has a long history of being a total POS!And yet if BOJ doesnt drve it down the market seems hell bent to drive it up!??!!Have seen this numerous times through the years and always confuses the hell outa me when the yen becomes the favorite chew toy of the market and is bullish!
These Yen bullish runs effect all pairs and tend to last a lot longer than common sense would dictate.This crap has me sitting on the side more than jumping on "bargains"Am patiently waiting for either BOJ to yield to exporters pressure to intervene(dangerous scenario for a trader) or simply the brain to begin functioning again in the market and the market begins putting the Yen back into the toilet where it belongs.Crazy..crazy..crazy huh?

Howdy people...just thought I should check in to let you all know I'm still alive and well..just always pretty busy with project after project plus helping with the twin boys..theyre a year old now and are real handful to say the least.Still trading of course but dont have time for scalping any more..just a swing trade here and there...nothing to write home about but making a few bucks when opportunity knocks...most of my action has been coming from AUD/JPY and a little on AUD/NZD.Hope all you characters are doing well.

GM pennies..guess its not just me then..looks like if I close and reopen platform that the advanced chart comes up blank and stays that way..appears I have to close the chart and open again with the advanced chart button..it reopens with only part of what I closed it with...not very user friendly when with Oanda I am used to having charts fully intact from last session!

Yep jav..the advanced charting is a big improvement alright but at same time I find it irritating that I seem to have lost all MAs etc from the standard chart..got a bit of a learning curve I guess..also it seems that the advaced has to be reoponed instead of automatically coming back up when going into the platform...thought it was supposed to autosave on exit from platform but maybe I'm NOT doing something right

Hey jav..setting them both on candes looks a bit confusing to me but with comparison chart as a lineI see a clear distinction between the 2 pairs..guess it just a personal preference thingy

Got if figured out jav..now I have nice thicker lines that can be seen easily.

Shazaaammmm!!!..dang jav I'm so glad to have that Oanda advanced charting!!Its awesome..first thing is its a goldmine to a correlations trader like me..instead of looking at 2 charts to see what AUD is doing as well as what EUR/AUD is doing I can now have them overlayed which is ultimately better..now I can simply watch for correlation crossovers!On tech indies they have KST(Know Sure Thing)..I havent seen that in years and always liked it as far as oscillatoes go.Havent figured out how to increase line thickness on MAs but maybe I cant...if you find a way let me know..the MA lines are a bit too thin to my liking...this thing is awesome..I'm in LOVE (LOL)

YW qui..using the various MAs on a chart can be good although in some cases irritating..its almost like various TFs or pairs cause me to have to customize the set for varying conditions to get the set being totally respected...one has to be patient with that....hard to say any set of MAs can be set and forget...A/U for example has been trading firmly between EMA 400 and SMA200 on an M15 chart and has been trapped between the two since about 8:30 last night...I keep looking for a break below that M15 EMA400 with an expected dive if it does since I feel lots of stops are now just below that MA...right now tho its trading between those two goal posts.

Yes you are jav...I guess Ihub trys their best to make posting so difficult with a free membership that folks will just give in and say its not that much and decide to pay but its not gonna work with me.What theyre doing is turning Ihub into another Raging Bull which is disgusting from end to end.Its a shame what Ihub is doing in the name of commercialism..used to be that even freebies had a good alternative to the POS Raging Bull.Cant really blame them if they make big bucks pulling this $hit.Just a damned shame that Ihub has become what it has become compared to its major competitor.Theyre obviously making money or they wouldnt do this crap but it wont be MY MONEY theyre making...I'm obstinent enough to refuse what they are trying to force down my throat!!(LOL)

Hey jav I would post more but as a freebie they load video garbage here on Ihub and it hogs all the damned bandwidth..or so it seems.When I try to post a reply it will often just kind of lock up and I have to kill the video crap that Ihub is putting up..once I find and kill them I can post with little problem but today has been a total pain in the ass with the video garbage.Sorry!

My zigzag is 6,5,3

Howdy jav...I think youre like most in thinking the M5 chart layout is for scalping...on a good trade using M5 I net from 22 pips to as much as 200..thats not just scalping for 3 to 10 pips at a time.The main thing is to be sure entries are from consolidation after all MAs have caught up to price action..that requires patience but the patience is rewarded.The M5 is NOT a scalpers chart TF although most traders think of it that way..its the beginning and end of a either a short term or long term trend!For example if I want to walk 100 miles I can only start with the first few footsteps then the miles will follow..if that makes any sense.
Face the truth about one thing jav..if you try to trade H4 or daily without knowing what BUILDS the H4 or daily(which is M5 or even tick data) then for most trying to trade the long term TFs becomes a losing proposition unless your really sharp about it and have an acct that can withstand 50 or 100 pip stops without pain.Most of our accts are small compared to the big boys so we are forced to compound gains with the buying power we have.its very difficult for guys with small accts to trade in the big boys game of daily or weekly candles and survive.

GM pennies and all...for last week or so I have been working with a study in moving averages mostly tailored for M5 or M1 trading..M5 is my main bread&butter TF BTW..most consider it a scalpers TF but I beg to differ.Dont just take my word for it but try reading a book by Greg Michalowski called Attacking Currency Trends..Greg is a guy I became casual friends with on Twitter a long time back and he's chief currency analyst at FXDD brokerage.His main TF is M5 because every trend begins with the shortest TFs...his main thing is a bit dfferent than mine on MAs..he uses SMA100 and 200..whereas my study uses 5 MAs....all are EMAs...169...440...720...1440...and 2880.My pupose for posting this is I see a lot of posts talking about entries that are way too early or or entered not with breakout direction but against it and my efforts in this is to try again to stress again that early entries can be eliminate to a large degree by always allowing moving averages to catch up to price and to consolidate.To enter a trend thats in progress is fine if one enters in the direction of the trend but if you dont go in with the crowd then its imperative to only enter on break from consolidation.
Consolidation BTW does not guarantee a trend is exhausted so thats why one must allow consolidation then buy or sell the break.Anyway...I have been trying to use MAs tailored to M5 that distictly show consolidation and breaks from consolidation at the TF that shows when the race car was taken out of park and put on the track so to speak.Heres an M5 of A/U as it stands now and its trying to consolidate after a nice drop friday...tonight might see if its going to turn back up or if its going to base more..OR if the uptrend has really exhausted itself for now.The yellow MA is EMA169..blue is 440 and red is 720...continued rejection of the 169 could see a break below the 720 and more downside but we wont know anything til it breaks out of this tightening price condition we see in progress on the chart..will stop for now...M5 A/USD

Hate that pennies...AUD started the week as a short but at the moment its beginning to look more like a long again.. a close above about .7530 might confirm long again...sure expected downside on A/U and A/J so I took some nice pips early today based on what I was seeing..right now tho all bets are off on continued dive and AUD is looking pretty good again to the upside.Of course it IS an offtime so that may be why its acting against the grain I thoght would be started.As we always say..time wil tell!

Yep ...same here Heavy...what a wasted day...damn I hate it when they SORT OF consolidate...nothing firm..just squirrely undefined moves.Seems that when London closed it took opportunities with it.Always makes me wonder if US traders have sense enough to come in outa the rain!(LOL)Guess I'll be forced to trade the London session tonight.

Well is it just me or doesnt it seem most of these pairs are stuck in the mud today?Was hoping to get back in short on AUD/JPY after closing earlier for a nice profit..but theyre just stale now..not getting the bounce I expected on that one!

Hey pennies that caused a HUGE move north on AUD/NZD..didya see that?

Howdy stargate...been a while!...RBNZ seems to have put up a nice surprise by cutting rates 25bp..consensus was hold steady at 2.5%..might send a shockwave to our pairs down under..hard to say what the longterm effect may be..this IS FOREX you know(LOL)

Hey jav...at this point E/A is looking like it might still be a long after only 22 pip pullback..another reason I had for setting TP at .14808 was expectation that short stops would be above double zero of 1.4800 which would easily trigger my TP but I see no indication of stops being triggered there so must begin to assume the market is long..not short at these levels..absence of stops is a possible clue to that statement.Thats not set in stone but a possibility to be watched for..we DO have a red M5 candle just now but if retail traders stops it wont amount to much..you retail traders are always wrong(LMAO)

Yep..still use SUPDEM..kinda like the Quad Tunnel...wont trade without it...BTW on that live demo trade with E/A I realized a moment ago I gave my reasons for exit but didnt elaborate on my reasons for entry..if you look at the M5 I posted you will see several factors..number one was SUPDEM support..number two was the Smoothed Heikin Ashi had caught up to price action and was fizzled down due to lack of selling and turned sideways..number three was there were as many buy candles as sell candles so equilibrium had been found and so at bottom of a move I expected tha the buyers were stepping in!>never forget one basic fact..if more buyers than sellers price will rise..if more sellers than buyers price will drop..plain and Simple(LOL)My expectation was more buyers would step in and they did.
A lot can be learned from a live excersize like this and between me and you and the fencepost I did make 22 pips on live account in the process but I posted info as if purely a demo trade...reason being is I seldom if ever take chances on someone entering at my call or my word ..have never liked the feeling of resposibility if I call one wrong and someone lost money because of it..I just dont do it and take that chance.Traders ALL must learn..and stand...alone.

Final post on the E/A demo experiment jav...its so far come within 2 pips of my original TP of 1.4808 there were 2 obstacles to reaching the 61.8...the Quad Tunnel and at the TP level the SMA200...they are stalling it for now...remember..this is an M5 chart but good pips can be had if chart layout is good..my call was good on entry since its thus far gone up 67.1 pips from bottom..heres the chart..BTW my entry was the bottom green line..my exit on green line up higher and original TP price I set right after entry is the uppermost green line..gorgeous chart huh jav!

Ok jav..just closed the demo experiment for 26 pips on E/A...M5 Quad Tunnel is getting hit and could stop it short of my TP at 1.4808 I had set...chances are good it may still get there but thats not the way I trade..if I see an obstacle between my profit and my potential profit I take the profit in hand.If Q Tunnel does stall it I can compound my profits by getting back in later.Everyone wants to "look over my shoulder" and this was an example of my methods..the TP area I had set before was just below 61.8 of latest move down so that was my original TP point.If Quad Tunnel had not been in the way I had every confidence that the TP would've been hit>I always take the bird in the hand tho so I took the easy 26 pips..in looking back at M5 E/A as I type it appears I couldve easily hit original TP I set right after entering but I dont lament on early exits...I just enjoy the comfortable profits from a technically sound trade.Of course we know this was only a demo trade but the methods I used are the same on live trades.

Howdy jav.good chart on E/A..I moved down to M5 and see 2 possibilities..one is it will have a minor baseing period then move back to about 1.4815 and other is that this latest move down is only first wave of selling in the cycle meaning a much deeper dive.For grins&giggles I just took a long on MT4 demo with TP at 1.4808..not used to trading E/A so demo is all I will give it BTW but my guess is the upside move from this area..we shall see if I'm right or wrong.