Weekly rehab!
Here's how to display intraday range using DYO (drinking your own?! haha!)... wow, how about in your face (boys and their toys!)... Ok, now w/some updates on AB stats as of Feb. 18, 2005....
Through the rubbles emerges a nice chart on Voldq patterns....
Also found some nice sites (I think dbq and rosita will like) and professional trader's diary/blog about Forex and Euro 3P (product) trading where he mentioned being mentored by Peter Bain and that Osci's suck! Here's a sample from his diary (he got a nice blog too):
I have found that MACD, Bollingers, Stochastics and EMAs generate dangerous trading signals for Forex. It hasn't been lost on me that those who advocate them don't trade Forex themselves!! Pivots help identify the day's hotspots, candles help with reversals and EMAs give some idea of bias, but close up and personal only the three products work. Time and time again, in my experience and in my reading, I have noted that technical indicators are just too slow for Forex. Anybody can look at a historical chart and show the Stochastics did this and the Bollingers did that, BUT it is only in hindsight. These patterns form after the price action. They are no good in real time.
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