Good Week — Good week everyone. I am finished for the week with over 340 pips in the bank. Non-farm was pretty dull but now it is time to stop trading and enjoy the weekend. PT

PowerTrading/The River

Today — Remember my friends there is much news out this week and it affects the price. Some times people only look at technicals (the charts) and forget about the news. It is important to know when a major announcement will be made and ...

PowerTrading/The River

Reversal — Hey DD, Netwise may be a little early with his long position but you will probably see me take a long position later in the day. After a drop of 200 pips you will get some retrace. I would imagine a minimum of 50 pips but probably ...

PowerTrading/The River

4hr — This is the same 4hr chart I posted before. The bottom of the box or 4hr Zone had been tested and touched by 16 4hr candles until it broke today. The angled trend lines below were strong support and two went back months with multiple ...

PowerTrading/The River

Total — Hi all, closed out my positions this morning with 272 Pips for the night. Amazing night. What a drop. I will post some other charts later. We broke long term support and by using the 4hr chart with trend lines, I was able to identify ...

PowerTrading/The River

Trades — The Powertrading break out worked and allowing the trade to run by moving stops up as we kept breaking new ground allowed me to get the maximum pips. PT

PowerTrading/The River

Huge — I had a huge night. I am still adding the pips but on this trade alone I had 150 plus. I am over 200 for the night on same strategy as before. If you looked at 4hr chart it was an amazing break of support. I entered at the break of ...

PowerTrading/The River

Current — We have currently broken yesterdays low and I took a short but let me tell you what is happening. There is a horizontal trend line on the 4hr chart that has 15 4hr candles touching this area since it has be broken short. It is a ...

PowerTrading/The River

Cool — No Problem! I have given this thread 10 times the exposure it deserves by commenting in the first place. Anyone who wishes to trade Magic Numbers I wish you well. My whole point in the first place was to get people to learn the basics ...

GBPUSD Magic Number

Never said anything about the vast majority, and it was a joke from me too. Did you even look at the strategy behind the comment. I was trying to help! So you lighten up!

GBPUSD Magic Number

yes — The point is, they should learn to trade as if they are trading big accounts. Some are trading more than they can afford and do not need to lose their money. Oh, and by the way, I know many people here who trade for companies and some ...

GBPUSD Magic Number

Hey — Good to see you. I was wondering where you had been. Good trading, PT

PowerTrading/The River

Are you kidding — I normally do not comment in anyone else's thread especially in a negative way, but in this case I will make an exception. Are you kidding? People, please learn to trade. There is no great secret or magic numbers, only ...

GBPUSD Magic Number

Price Action — I am talking about activity. You can not make decisions when there is no activity in the market. If you take trades too early or late in the day there is nothing to tell you the direction. We had two breakouts of the Zone today ...

PowerTrading/The River

Entry — It is important to wait until there is Price Action. Sometimes the wrong time of day will kill you. This week is difficult because it will be non-farm payroll on Friday and that always makes the week crazy. My pips are coming from the ...

PowerTrading/The River

Here you go — I just took a quick short position for some quick pips.

PowerTrading/The River

4hr Chart — I know this is a little different than what we normally look at in here but it is important to the entire method. The 4hr is a good way to see what is happening in the big picture. Sometimes things are happening too fast in the 15 ...

PowerTrading/The River

Current — Good setup for tonight. The high of the day and the 38.2 retrace. Be careful that we have good Price Action when we break through the Zone. If not wait a little before placing your trade. Better to be late, than be wrong. Just trade ...

PowerTrading/The River

I do not have a pdf and will not create one. This method is understand the basics of trading. There is not any one trade the will make you successful in my opinion. You must be prepared with knowledge to tak action under any circumstance. You can ...

PowerTrading/The River

Great — Fantastic, You guys are really getting the method. You are doing very well. Keep up the good work. PT

PowerTrading/The River