On the breaks and full in reverse at 1.46 on the GBPUSD daily was likely after already touching top of upwards distribution/accumulation channel/flag and the EMA-200 on this time frame. Just to clarify 'being bull' in my previous post was all ...

PVSRA (Price, Volume, S&R Analysis)

Spread variation is an indi for me as well although I agree 2.6 pips is massive and I only trade the Beast on rare occasions... Oops lucky I hedged on the power spike. Didn't quite pull back as I expected and didn't really look like a down-worth ...

PVSRA (Price, Volume, S&R Analysis)

Wow the Beast powers through EMA-34 of 1Hr-4Hr-1D and 1.44 line in half a day. EMA-34 trend of 15Min to meet with price-line near 1.44250 and EMA34-4Hr highly likely. I love scalping.

PVSRA (Price, Volume, S&R Analysis)

Are we looking at a "negative or bear" BARR if it could be mirrored for the EURUSD? I am very cautions and wait to see which range line ultimately will be broken. Maybe the MM will use the old trend line for support now closer to par? Will back to ...

EURUSD

You are correct the word "likely" is way too strong in my reply

EURUSD

Yeah those facts only accelerate and amplify "the bounce" within the ranging limits in my view. We all wait for the catapult out of the ranging without panic being the cause... price action rules. With the FED likely to move in December now and the ...

EURUSD

That was a nice sell limit at 1.14 for the Friday.

EURUSD

Still ranging after downtrend from July 2014.

Cable Update (GBPUSD)

Hi Hercs, My view is the lower the time frame the bigger the influence of HFT. That's why those frames become harder and harder to trade. The daily is still sort of an anchor point for Forex although if I look at certain pairs e.a. The Geppy (the ...

PVSRA (Price, Volume, S&R Analysis)

For all just starting in Forex also keep an eye on the BIG picture of the daily. I've attached a chart of the USDJPY to show what I mean. As we can see the USDJPY pair is now ranging on the daily. It broke through the 120.741 level on the 20th of ...

PVSRA (Price, Volume, S&R Analysis)

Like this thread Keep an eye on those bloody MM's

PVSRA (Price, Volume, S&R Analysis)

Aren't the fundamentals of put and call's INSURANCE over a timed period? An European airline placed an order at Boeing for a new jet and come pay time 6 months down the track the price towards neither of them shifted? Whoever took the currency risk ...

Forex Dream Chasers - The 90% rule of randomness

One conclusion from the other high news impact thread on FF was that if there is DOUBLE high impact news on both currencies like USDCAD last (and most) NFP it is another ball game. As much as we absolutely need the 18/120 - R/R from Tony to stay in ...

Central Banks & Big Players

Hi Fez awesome thread I spend the latter of my working life in the gaming industry on several continents and this is exactly why hedging is not allowed in the USA but it is in Europe. American roulette has two zero's instead of French ...

Extracted Thread (per thread starter's request)

Nice thread! Happy trading all

As simple as possible: 00 level trading

Just been reading the thread of DO NOT trade the 00-lvl strategy... I implemented a lot from THIS thread into my trading methods on one of my DEMO accounts. Udine clearly states whatever works for you mate! I must say I am not a newbie in trading. ...

As simple as possible: 00 level trading

Hi ChrisGC, Beware that the 173 lvl is an "order flow" moment on the GEPPY as you can see on the many touches of the current priceline (4H attached). It can go either way from here. If touching the exponential MA20 on 4H was just a retrace it will ...

As simple as possible: 00 level trading

From your posts it looks like you got the bollinger bands upper/lower band pending stop order, the 00-level pending stop and the straddle news trade (GBP) combined. Well done but also lucky as the GBP can swipe all pairs up and down on big news ...

As simple as possible: 00 level trading

Any of you using the ADP payroll company "polling" figures from last Wednesday tonight for the Non-Farm payroll or are you all still going for the "buy" anyways on this one no matter what? Their difference with the forecast figures were quite ...

Central Banks & Big Players