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Absolutely, that was in my mind, but you use those big words better than me! Only have to look at the previous monthly candle of GBP-AUD, now that screened out trades for 3 weeks now, because it was up And yet weekly / daily are giving good signals, 10 + 20 MA crossed over

Yes, take a break on Daily at recommended 20 pips below or above, so it has to be good move Myself, I reckon using the Monthly is too much, data will be from 5 to 8 or 9 weeks out; I think looking at the previous 5 weeks gives current situation of trend Is last week's Close higher or lower...

Don't worry about alerts, got a Dashboard for that, O look, there is ADR also :) On Steve Hopwood forum they have robot to trade this strategy

Yes, but he didn't share here :(

You can go to this website and look at the recent market volatility for all the currency pairs. https://www.mataf.net/en/tools/02-01-volatility as per this example

Sure no problem, I stopped using it, seems to have extra text on top of the writing, I deleted Objects and saved new templates but still it appears You can try it and see

The EUR-USD never worked out, I can't find any pair that did, and now with an UP week, it will be out of contention for next week Which is how this method keeps you trading with the trend only, March will never be an UP month So if first week of April is Down Week, opportunity may present...

In other words....

A Scottish couple took in an 18-year-old girl as a lodger. When she asked if she could have a bath the lady of the house told her they didn't have a bath, although if she wanted to she could use a tin wash tub in front of the fire. "Monday's the best night because my husband goes out to...

How easy is this? This is a longer term method folks !!!

Interesting, are you still active there? Can you check if they are claiming any sucess? As it turns out, EUR was up on Thursday, gives another breakout entry point. Disappointing that this method excludes EUR/JPY for this month due to the last UP month Maybe back with vengeance next month...

Dale / others, Has anyone heard of this concept? Look at previous Month candle e.g. Up or Down Look at previous Week candle e.g. Up or Down IF Month candle was DOWN and Week candle was DOWN Don't trade Mondays, but if that candle is UP, then trade the breakout to the DOWN side If no entry...

Yikes, losing trades and losing bets !!! :eek:

Speaking of failed trades.... :oops:

I would look at EUR / JPY right now for long term, just enter small position on each signal, every few days or so, it could go for 1,000's of pips

I meant to post this as disclaimer

shooting fish in a barrel today

See if you can figure out what's going on here o_O

You know in Metatrader, when you drag the Stop Loss line, it tells you on the left side how many pips & how many $ it is set at? So, just monitor the trade on 15 minutes chart, look at 4H or Daily for levels, check the ADR, what is the news / fundamental? Keep moving the stop loss to a point...

for relaxing trading I use this :cool: