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cesare76fx replied Jul 31, 2008I think that's what Forexpower is saying.

The Truth about Technical Indicators
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cesare76fx replied Jul 31, 2008Hi ForexPower, excellent post! I am enjoying your views on Forex analysis. Would you be so kind to post some example of how you use and combine your indicators? One of the biggest issue I had while using them is the entry, whilst for a pattern I ...
The Truth about Technical Indicators
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cesare76fx replied Jul 31, 2008Temporary moved the sl to the 4hr setup @ 168.45, 61%fib of the DBLHC
Cesfx journal
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cesare76fx replied Jul 31, 2008Hello all, I have a buy stop at 1.5628, intraday trade, I will trail it closely, not looking for a home run or at least not expecting one before the news tomorrow. We have an Outside Bar formed on the 1hr, daily Pin Bar, Lower trendline area. I ...
EURUSD
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cesare76fx replied Jul 31, 2008OB forming on e/u 1hr Looking for a long at 1.5628 with stop around 597
Cesfx journal
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cesare76fx replied Jul 31, 2008I usually try to avoid Yen, but this-one looks to me like a good set-up and one of the few on the table: E/Y buy stop@ 169.05 sl @ 168.75 Price action set-up on the 1hr (IB) and the 4hr (DBLHC) I'm using the sl on the 1hr set up, I will monitor the ...
Cesfx journal
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cesare76fx replied Jul 31, 2008Good to see you are long, I'm planning one myself off price action of 1hr and 4hr so I had to check what's your view!

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cesare76fx replied Jul 30, 2008Thanks a lot for the support sonicdj!
I like to scalp, but I'm not that good at closing trade at -10, -15.... so I shouldn't even try! This time I was stopped by my trailing stop and it was frustrating as the direction was right so I ...Cesfx journal
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cesare76fx replied Jul 30, 2008
I was sure the news was at 1.30 gmt, but it was at 1.15.... $ positive, I'm still in the e/u trade, but the remain on u/f has been taken out at BE. I might consider to re-enter as the news was quite good ADP Non farm empl change at +9K!!Cesfx journal
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cesare76fx replied Jul 30, 2008I closed 50% on both trade for +10pips, moved stops at BE waiting for news in 10 minutes.
Cesfx journal
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cesare76fx replied Jul 30, 2008True, does not look good. I have read about it on the net as well. They were fined for that and it was last year, hopefully they learned the lesson. They also have to keep tapes of conversations and have it available to NFA upon request. I don't ...
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cesare76fx replied Jul 30, 2008Looks good to me! Price action is short, inside bar broken on the downside on the 1hr and th 4hr. I try to take it easy with the Yen because of their volatility and correlation with the market index. Happy pipping on that, I will check your entry in ...
Cesfx journal
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cesare76fx replied Jul 30, 2008short e/u @ 1.5577 sl 1.5620 reason is a DBHLC on the 1hr long usd/chf @ 1.0480 sl 1.0437 DBLHC Risky trade against the weekly trends, but that is what PA is showing me, I will trail the stops.
Cesfx journal
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cesare76fx replied Jul 30, 2008My longs are closed. I have tried to get back in the trend for the past week and the $ has been getting stronger and stronger. I'm short now, just following price action, I still believe we will see the uptrend again, but I'm now trading just what ...
EURUSD
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cesare76fx replied Jul 30, 2008Interesting thread and a excellent post. I am one of these traders who has chosen price action as I have experienced it is more profitable then indicators. I will look forward to your demonstration.

The Truth about Technical Indicators