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  1. W

    What are the advantages of the smart money concept? 5.00 star(s) 1 Vote

    Break Of Structure is a pullback continuation pattern where price continues to follow the main trend, whereas Change Of Character signifies a major reversal of the trend.
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    do you guys beleive in mentorships? 5.00 star(s) 1 Vote

    A good mentor can be very valuable, but only if their trade style fits your own personality, and they have provable success. Otherwise they can do more harm than good, costing you time and money - possibly setting your development back years.
  3. W

    Nasdaq killer software for free its a paid system 3.20 star(s) 13 Votes

    It is a 3 period SMA plus 5 period LWMA, place it on a daily chart and take into account support and resistance, and it can help you trade on smaller time - frames in the right direction.
  4. W

    General ACTION THRESHOLD SOFTWARE,,, found from some other forum enjoy if any one was looking for it 3.80 star(s) 38 Votes

    Yes it works on all timeframes, but for scalping 5 and 15 you may want to use 60 as `the anchor chart` for direction.
  5. W

    The Counter Reaction Strategy by Huon Fresne 1.00 star(s) 1 Vote

    Here is an example trade on m1 timeframe - Bill Williams plus.
  6. W

    The Counter Reaction Strategy by Huon Fresne 1.00 star(s) 1 Vote

    Click the book on this website for basic description of basically 5 bar fractal entries: https://www.currencyeconomy.today/2020/02/the-forex-strategy-of-2019-counter.html
  7. W

    moon phases indicator 1.00 star(s) 2 Votes

    Thanks for the information - have you tried overlaying it with daily divergence -it pinpoints some interesting turning points?
  8. W

    Are you happy with forex? 4.00 star(s) 1 Vote

    Are you concerned about the security of Eurotrader as they say they are fully licenced by the Marshall Islands Government - but with a population of only 58,000 some may consider it to be a risky proposition?
  9. W

    is it true to get 10 k out of 100 $ ?

    Theoretically it is possible, but you would need to take large risks and be extremely lucky. Potentially easier to win the lottery.
  10. W

    Market Profile Singles indicator mt4+mt5 which you will find on the mql5 market . Free test and complete strategy 4.00 star(s) 7 Votes

    The Peak Of Volume at Price indicator combined with VWAP plots in real time during the day as a simple line. As you can see it's easier and natural that it changes a lot in the first hours of the market where volumes are low and it gets stable as the session proceeed.
  11. W

    Market Profile Singles indicator mt4+mt5 which you will find on the mql5 market . Free test and complete strategy 4.00 star(s) 7 Votes

    Thank you an excellent strategy- when price re-visits such levels it can be a profitable method. While Market Profile indicates how long price traded at each level, Volume Profile shows how much volume was traded there. Since it's volume – and not time that moves markets,
  12. W

    Market Profile Singles indicator mt4+mt5 which you will find on the mql5 market . Free test and complete strategy 4.00 star(s) 7 Votes

    Excellent strategy - the re-testing of levels is a powerful way to trade
  13. W

    How to test an indicator to make sure it doesnt repaint

    The best test i have found is to place the indicator on a one minute chart and just watch it - you will quickly know if it is effective.
  14. W

    Which time frame do you use & why?

    You are correct that choosing the right time frame for your trading strategy is essential however it is not as simple as gaining the maximum amount of information as your trading personality is equally as important. The match of the higher time frame plus a `trigger entry` on a lowe5r time frame...
  15. W

    Suggestion Why pay for something you are not sure it'll work 4.70 star(s) 3 Votes

    Very few do, and the reason is that systems do not work for everyone and some work for no one.
  16. W

    Demo vs Live account trading

    Demo accounts are not the same as live ones as the Broker can widen spreads and adjust the speed of the feed -plus increase the impact of news trades - so don`t expect the same results.
  17. W

    General Please guide for 4k Monitor for Metatrader 4

    Try 1920x1080 works well on mine.
  18. W

    Best trading strategy

    It is theoretically possible - but overbought/sold is a flawed concept in Forex but works with stocks - so better to use it with price action for more stable results.
  19. W

    What do you actually get if you sign up for Forex Trendy?

    You are correct - it provides good study material and a wealth of updated signals. I have never been able to gain a trading edge from it over some years - so interested to hear if others have profited?
  20. W

    Which currency is safe to trade 3.30 star(s) 3 Votes

    The most popular pair is EURUSD during the London and New York cross over period due to it`s reasonable volatility, tight spreads and heavy volume. Test it out first and compare others against it. Also pay attention to volatile pairs like AUDGBP and GBPJPY if you seek a bit more excitement.
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