Recent content by Sequence

When a trader puts on a position in FX, say long eurusd and his strategy in this case is incorporating MACD and a couple of SMA crosses as his direction indicator to put on the trade, He must have. 1, An entry point 2, Exit ,Take profit. Target 3, And a stop As the books all tell us after all...

Is it possible to post a chart or sample trade, as you seem very proficient in Fibonacci trading.

Trading levels using Fibonacci is a craft on its own, it is a predictive indicator used correctly, adding other indicators ( which are all lagging ) is a pointless exercise. All indicators .RSI.MACD, SMA, and the rest tell you where you are NOW or have been in the past ,what is the use in that.?

Another snake oil salesman.

If you are new to Fibs , Its a place to start. Fibonacci Ratios with Pattern Recognition By Larry Pesavento,

As you may be aware Tick charts are not based on time, but are based on how many trades in one bar ,before the next bar opens . So if i am trading 100 tick candle chart a new bar will be drawn after 100 trades.

I trade 50 and 100 ticks see the trades so clear, if not just wait,sit on your hands and wait, like London buses they come along sooner or later.

I only trade tick charts, as i find it shows me a clearer wave sequence than time charts, but the strategy / edge is still down the individual trader. I trades fibs on a short time frame, with tick charts,so this suits my strategy ,also quite important my personality. Pashaev, just google tick...

I trade using pattern recognition with with one indicator and used to use short time frames to trade ,but when i switched to tick charts i learnt that in a time chart obviously one bar is one time period 1-2-5-10 min bars. But when there is a lot of activity on a tick chart i find it shows more...

Site re-above is financefeeds.com look under retail FX

Hi, new member. i use the 50 Tick chart on eurusd on c-trader. any one else trading with tick charts