traded exactly to the rules for 2 weeks and results are starting balance 1000 buy eurcad -92 pips buy gbpcad -212 pips buy eurgbp -155 pips buy audusd -154 pips 2trades open buy nzdusd -111 pips sell audnzd +17 pips closing balance 385

Easy no stress daily charts:)

Hey Rocky, what do you think about this zone on the NZDUSD level is in yellow, located on 4h chart. We have a 68 retrace of that latest move down, also the move up there is a 127 extension virtually on top. Only worry i have is my down trend line i ...

Extracted Thread (per thread starter's request)

im in too here, im also in euraud from 1.3 im worried about CHF pairs at the moment, because SNB is keeping the CHF weak on purpose, so im not sire of any strong move up. Whats your views Rocky?

Extracted Thread (per thread starter's request)

i found this on oanda, can come a little in useful as a little extra confidence i have a buy order on eurjpy at 107 according to supply/demand. and according to oandas order book, you can see a tonne!! of orders at this level to go long. url

Extracted Thread (per thread starter's request)

Hey rocky, have u got any advice for post number 317

Extracted Thread (per thread starter's request)

Excellent reply rocky thanks, I understand trade has more potential if it's first retrace , but many times It looked like first touch whn actually it was like the 6th, because mce the chart to the left and I see the zone again and again, so when I ...

Extracted Thread (per thread starter's request)

yes, and by your "laying your balls on the table" approach you one of the most genuine and trustworthy guys i found around these forums. The only thing i find that might trouble me which did when i tried Sam Seidens techniques is at one point price ...

Extracted Thread (per thread starter's request)

thanks for the prompt reply. im amazed how you picked a level where not only are you in profit today but got in profit fast!! Price moved away from that zone at a nice steady pace

Extracted Thread (per thread starter's request)

cracking trade right there!! whats your reasoning for moving stop to that position, so i can get a bit more of a grasp how you think while in a trade

Extracted Thread (per thread starter's request)

i undertsand rocky, but as you can see from my pic below, if i do exactly what you said, i have the 50% retrace of the larger fib drawn, with the 68 in the correct place But when i do the other fib u mentioned to get an extension, the 68 is on the ...

Extracted Thread (per thread starter's request)

HEY ROCKY, CAN YOU PLEASE ANSWE MY QUESTIONS FROM POST 296, MUCH APPRECIATED sorry for the caps didnt know they were on.

Extracted Thread (per thread starter's request)

i got you, do you move stop to BE at any point during the trade? also, looking at chfjpy i just placed the fib, now the 68 is on the wrong side of the 50, so i changed it so its correct. But now when i run a fib to look for an extension the 68 is ...

Extracted Thread (per thread starter's request)

nice setup, is the above highlighted area where you are looking to take profit, or are you looking at another area for profit taking?

Extracted Thread (per thread starter's request)

ha i wish, i got a micro account, it made me $50 lol i risked $10 so im happy

Extracted Thread (per thread starter's request)

SNB bought tonnes of euro today, hence all the uprises in euro currencys. To help the CHF get weaker. Its all over the news.

james16 Chart Thread

careful here that close is closing above those highest close of resistence turned into support to the left.

james16 Chart Thread

as far as im aware and been picking the zones, is find the candle where the move shot out the zone from, then the one candle before it is where i mark my top and bottom of the zone.

Extracted Thread (per thread starter's request)

excellent analysis, i took this trade before i saw this thread, and was taking according to James16 teachings, but now i can see the power of this way too just one question though, what would stop you from having a sell order in at that take ...

Extracted Thread (per thread starter's request)

thanks rocky i also got a demand zone highlighted where you have put number 1, would that be a demand zone too?

Extracted Thread (per thread starter's request)

i had a buy in eur chf. i woke up 7am bst to check my balance it was floating in the minus. Woke up fully at 11am bst, went back to computer to find the trade ridiculously and unbelievably in profit by a LARGE AMOUNT i had to close down oanda and ...

Extracted Thread (per thread starter's request)