Don't trade GY. I don't even look at it.Its expensive spread 1st second highly volatile and unpredictable. Many years of experienced traders simply avoid this pair.

Another simple system - Time-Frame 15

As you noticed EJ is ranging with the Euro so decision is yours. I'll advise do as the system is set up to do but be mindful of sentiment,momentum.

Another simple system - Time-Frame 15

Was waiting for this bounce London open +12.5 pips +36pips total so far +48.5 pips Just heads up.I think its not wise trading AU or GU both pairs are going nowhere. AU has become "safe heaven" so be careful. Times like this I avoid pairs that don't ...

Another simple system - Time-Frame 15

+36pips EJ short Will be looking for more EJ shorts once PA bounces up again

Another simple system - Time-Frame 15

True real test is what London will do with Euro pairs.Its at critical level break 29 and we could see 2850 or even lower.What Draghi said about rate cut could fundamentally alter Euro price in general.

Another simple system - Time-Frame 15

Check EJ now on 15min about to break 10EMA Waiting for confirmation.Price must close below 10EMA to be valid short Patience...

Another simple system - Time-Frame 15

Drop either 50RN or 5190

Aussie Trading Room and Cartoons Gallery

Hi This is from 1st post "This strategy is based purely on price action" Last 50pages and 250 pages+ have been about price action and how that relates to EMA's, Round Numbers etc. In my opinion nothing has changed fundamentally about the system but ...

Another simple system - Time-Frame 15

She is patiently waiting. image

Aussie Trading Room and Cartoons Gallery

she is waiting for the right moment on AU Probability PA reaching 50RN is good if breaks 5190 next fractal is target for reversal

Another simple system - Time-Frame 15

I think in probabilities.I hate forecasting Probability of PA going to 1st 50 RN then heading south is great.and If breaks 50 next target is second fractal at 5190 area.

Aussie Trading Room and Cartoons Gallery

I agree I see more Down side as greater probability.I like to think in probabilities rather forecasting because forecasting develops bias. To supplement your chart. 12345 pattern complete on h4 and could start another on down side. Price was ...

Another simple system - Time-Frame 15

Fallacy of lot of beginner traders think trading many pairs is profitable.Opposite is true. It takes time mastering 1 pair knowing its cycles,fundamentals (interest rates,micro-economics,news etc) and once understanding Euro other correlated pairs ...

$500 to $100,000... The Inspiration Thread

Just except that you will make mistakes.There is no way around it however how one deals with mistakes makes the difference. Let me illustrate an example.Probably everyone has done this at some point. formed a wrong bias Entered a trade short Price ...

$500 to $100,000... The Inspiration Thread

This may seem strange but lions are great traders.We can learn few pointers url Experience Lions wait for the prey and wait for perfect timing to strike and successful hunt requires certain planning. Rookie young lions often chase away prey by ...

Another simple system - Time-Frame 15

ATR does not change based on TF but it can change if your period is large and you are looking at monthly. I use 14period because two weeks of data is enough to illustrate average range.Anything more and you will have more smoothed out ATR which ...

Another simple system - Time-Frame 15

Hi Arjun! I did post my chart with arrows showing Entries and Exits.I believe chart are useful because they confirm that we take trades according to system. Having said that here are few of my recent trades Regards

Another simple system - Time-Frame 15

As another trader already mentioned mathematical models can't predict news and events hence entire promise is useless in practical terms specially the fact that lately range has narrowed significantly and only move once Draghi or another pinheads ...

Extracted Thread (per thread starter's request)

Lets look at probability in real trading terms This breakout just happened few hours ego. Look at the grey box. Let me state reasons why probability price breaking lower is greater then up. Price after dropping 70 pips went sideways since 11am to ...

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I've been reading this thread with interest because I like thinking in general. I am an artist a painter and much of my hard-wiring is visual. Lot of concepts are discussed here however in practical terms how can probability be used in profitable ...

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