Box — The Zone Box must be drawn manually by going to the insert and selecting insert shapes and selecting rectangle. Where you draw the box is more in depth and you will need to read the first page and the last few pages of this thread to ...

PowerTrading/The River

Yes — Very well put darko80, I was the biggest fan of the G/j but have found more consistant trading by eliminating it. I am not advising anyone else to follow but that is my finding. Thanks, PT

PowerTrading/The River

Explain — Stay tuned! I am going to break down todays trading for you and show you where you could have made pips and where we actually did. I will be explaining our method in relationship to fibonacci and support and resistance (The Zone). ...

PowerTrading/The River

Today — See where we ended up today. Notice we broke the Zone on both sides. I normally do not take trades so late in the day on Friday so I did not take the break at the top although it was good for some pips. Good day today. PT

PowerTrading/The River

Drawing Box — If you are using MT4 charts you go to insert and then shapes and select rectangle. I hope that helps. PT

PowerTrading/The River

Trade — I took too long with that last post. Here is a better picture of what is going on now. Both fib areas and the 2.0400 are holding for the time being. PT

PowerTrading/The River

Trade — Tested the 38.2 which will now be short term resistance. We tried to come back through the 23.6 which will now be short term support. There is not much price action at the moment so no reason to act. PT

PowerTrading/The River

Trade — Watching this move. The 2.0400 has held on the first attempt to go through but we could have another. That area was also the 38.2 retracement of the the high to low of today. Don't jump back in without confirmation. PT

PowerTrading/The River

First Trade — I am out with 40 pips profit but looking to get back in if we turn of bottom of the Zone. You can understand my thinking if you look at the fibs for today. When we broke back through the 23.6 of todays move, I took my profit and ...

PowerTrading/The River

Good Job — Good Job again you are catching pips with this strategy every day now. PT

PowerTrading/The River

Trade — We just broke out of the Zone. As usual I am in a little bit early because I jumped in on the last Fib swing and then it broke.. This is a good break. I am currently up 70 pips and have locked 40 in with SL. PT

PowerTrading/The River

Very Good — You have a very good understanding of what I am doing and it does work on many pairs. I will be posting some 4hr charts in the future so people can see the total PowerTrading method. It is never just one move. Nice Post, PT

PowerTrading/The River

Sorry — Sorry XS, I am not going to promote anything on this site. The folks here at FF have rules about that stuff. I will be posting here as always, for free. PT

PowerTrading/The River

Yes — Yeah, it is okay. Let's not post a lot of them, but they would be good for discussion. Thanks, PT

PowerTrading/The River

Setting the Zone — I am setting up the Zone for the next day. We have made two trips back to the 38.2 of todays move and we could possibly see another. If this Zone holds for the day, it will be a great move when we break it. PT

PowerTrading/The River

Thanks — Thank you, PT

PowerTrading/The River

Yep — You are exactly right. If you look back at my posts you will see there are many times I enter early. This comes with time and I have been developing this method and trading it for a long time. But, I do not advise getting an early start ...

PowerTrading/The River

My trades today — I took the one short at news time at around 4:30 am and took exactly 50 pips (see entry on previous post). I should have taken the reversal back to the 38.2 but I am not comfortable with price action today and I will wait for ...

PowerTrading/The River

Your Trade — I think a micro account would be a great next step. You are doing very well in demo and you should go live when you feel comfortable. Great move today. PT

PowerTrading/The River

Good Idea — I think it is a good idea to wait for the candle to open. I don't always follow that way. Sometimes I will go ahead and jump in if we break a fib level. PT

PowerTrading/The River