We were talking about those familiar patters we see happen over and over again with this strategy - heres one GW posted a trade of the other day that I'm long on right now - happens a lot.

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CHF trade seems to be holding orders up there at the highs pretty well. It nailed that monthly fib level and what has me thinking possible continuation of a short is a clean bounce on eur and GBP showing signs of reversal here as well. I'm in a long ...

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hahahaha.....yeah pleeeeeeeeeeeaaaaase be kidding on that! and to all the 'thank you's: you're welcome! .....its good for me, too....nothing better than reinforcing this stuff into my own brain and coming up with better strategies as a result

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Hi GW, I think this bounce is going to be good for a decent run here....the S&P is getting kicked in the butt today but consumer confidence from the eurozone and US is telling us otherwise, and either way looks like it wants to remain in ...

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Hi there.....we're at some crossroads here in terms of price....EUR just bounced from its local low at 1.2525 and CHF is moving lower after hitting the 1.1850 mark you were talking about - also CHF, if need be, has its monthly 618 retracement at ...

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Hi Tori, needs to break this diagonal trendline still and I'm only a little skeptical due to the bond markets being closed and any "suprises" in terms of today. I would lead to think that if it breaks it its heading lower, though. Overall this pair ...

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np...yeah I havent been posting much lately because Ive just been so busy - also Ive been working on getting this whole thing set up....been eating up a ton of spare time. will when I can, thanks

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ok I'm done now.

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Taking Profits — In order to set a reasonable profit target, we need to know the following: 1.Is it a countertrend trade and against market sentiment? 2.Is it in the direction of the trend and in line with market sentiment? 3.Is it a reversal ...

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Stop Losses — In my experience, and as I have discussed in other articles, I tend to focus more on what can go wrong rather than what can go right when it comes to taking a trade. Because of this, I always start with risk as my primary ...

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Intro to Stop Losses and Taking Profits — When we enter any trade, we have two basic goals: 1.Obtain the maximum amount of profit 2.Protect ourselves from losses It starts from the beginning . Look for the most profitable opportunities in the ...

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Position Sizing — Tied to risk/reward, the size of your positions dictates how much you are willing to risk per trade versus how much you will gain. As a general rule of thumb, I risk no more than 1% or 2% of my portfolio on each trade. That ...

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Mechanics of Risk/Reward — A newer trader is likely to overlook or disregard many discussions on risk/reward because they are either busy fantasizing about millions in profits or too inexperienced to understand the importance of maintaining a ...

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Intro to Trade Management — One of the biggest myths about trading, and what is usually stamped into the heads of traders from the very early stages of their careers, is that successful entry techniques will lead you to consistent profits. ...

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All Sorts of Stuff — Hey guys, I've been quiet the past couple days because I've been busy writing the final portions of the trading strategy stuff, which will hopefully put to rest many of the common questions I receive.....so hhhhheeeeeeeere ...

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Hi Guerillawar, My take in terms of fundamentals are as in line with my style of trading as anything else. #1 I'm a short term trader (positions open for only 1 hour - 1 or 2 days) so all I really care about is what's driving price over this ...

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Hi verno and welcome! I actually stayed away from this volatility this morning pre and post NFP - as you can see there was an intentional run on the levels above right after the announcement - it happened so fast and unexpectedly, and with all of ...

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Sticky zone up here — .

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wasnt following aud today actually but looks like some decent reactions around here.

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There are yeah, like the one here url for instance......and yes you seem to be getting them.....this post has 60 from all over buried in them: url

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