I didn't look into this chart, but I read something that slightly worried me. Are you saying that if you were rich, you would place the stop loss somewhere else than what you're going to do now? If this is so, it would be one of the worst things you ...

Silent Service Method

Nice one. The price-action might have already occured in the form of an 8hour pinbar. At least the price went down 100 pips already!

Silent Service Method

Screencaps say more than words

Silent Service Method

You often see people posting possible trades on very similar pair. For example one posts a EURJPY and another posts a USDJPY trade. If one shows a pinbar, chances are great the other does as well. This time I'll post an AUDCAD chart, somewhat ...

Silent Service Method

Great indicator. I was about to program something similar myself, but you just saved me some time Thanks for posting!

Silent Service Method

Hey guys, I'm leaving for holiday tomorrow early in the morning. Just before I head off to Cannes, I want to notify you of a nice GBPCAD long possibility. A lot of confluence indicators, as well as PA, S/R and Fib support in my view. Have a look! ...

Silent Service Method

There is an "indicator" that combines bars. For example, it takes 2 4h bars and makes it into 1 8h bar. I don't personally use it since I don't lack the imagination but it might provide an opportunity for you. I can imagine it can combine 6 4h ...

Silent Service Method

In my opinion, price action is at its best when you look at the same charts most other traders do. Therefore I suggest you either stick to NY or London. If a broker closes the day at 10 pm GMT, and you're about the only one looking at that ...

Silent Service Method

Hey guys, have a look at this one... Pretty interesting trade - my only worry is the gap. I'm betting on the bulls.

Silent Service Method

I went long on EURGBP at .8583 and short on USDCHF at 1.0900 on my demo account. I just had to take some trades as I finished my last exam yesterday. They might not be ideal setups but I just had to take the pressure off

Silent Service Method

Hey, I never used the company, but I know it has been around for ages and should be pretty reliable. I'm not entirely sure, but I don't think cashing in the bet before expiration date will be allowed, at least not at the full profit. One of the key ...

Silent Service Method

What you thought makes a lot of sense. I'm convinced now!

Silent Service Method

I bet you can take your Pesos, go to the Central Bank and exchange it for cocaine then. I don't know where you got that rumor, or if it is a joke, but I'm affraid it is extremely unlikely

Silent Service Method

I guess this that if your analysis is correct, this also has to shine through in the GBPAUD charts. If we look at that chart we see that GBPAUD is around a very strong support level of 2.0500ish, and will probably have the tendency to move up again. ...

Silent Service Method

I have a pretty nice 4h EURNZD pin on my feed, touching 2.27.

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It is clear enough. Thanks!

Silent Service Method

Hi there, What do you mean by the 90 degree angle? Do you mean the angle at the 2.0 zone?

Silent Service Method

Hi nebuman, When I initially looked at the daily chart you posted, I noticed the 2 daily bars (see attachment). It's not exactly a BEOB, but those two bars together form a pretty decent pinbar if you ask me. Maybe this could have been an indication ...

Silent Service Method

Quoting clockwork71 "There are some traders that rely totally on fundamentals. There are some that rely totally on technical analysis. Then there are some that use both. I tend to use fundamentals only in the sense I know when not to trade." I ...

technical analysis -or- fundamental analysis

People tend to hold on to losing trades too long, and exit winning trades too early. Unless you have strong indications the price will move back to break-even or even profit levels, I personally recommend closing your position. At some point you ...

bad position - quit now or wait ?