Thank you aztrader. sometimes price doesn't bounce back but most of the time it does. among those two pairs ,eu seems better than au in terms of shape and close of the candle.

Trading Major Lines

Thanks zusch. I'm glad to hear that. There will be more pages by the time but only "wash,rinse,repeat" of the first 20 pages

Trading Major Lines

Hello AlienFrog welcome to thread. Thats pretty much of it.. you got it right.

Trading Major Lines

thank you for the indicator.(I can't believe I just said that for an indicator hate em all) but seriously It seems handy.I think Ill use it. Thanks again.

Trading Major Lines

you're welcome.I'm glad to hear you enjoying the thread What I tried to explain in my previous posts is that there is a little difference between managing an existing position from 1.35 level and opening a new position around 1.4 level to target 1.5 ...

Trading Major Lines

Hello all and sorry for being away for some time.. I'll start reading posts and answer them as fast as I can.. stay tuned.

Trading Major Lines

Good morning everybody. Its been long since the first entry I made in this thread and now you guys can see the benefit of "waiting period". Our main direction never turned down since we had no weekly signal as method requires. That saved us from ...

Trading Major Lines

to be honest I don't like hanging man formation.I think of them unreliable price action. btw If I had to interpret that price action I'd say that its bullish to me (I know its considered a bearish price action but doesn't make sense to me).Because ...

Trading Major Lines

[quote=dmostpips;4473889] thanks a lot. so you'll be feeling 10x better than this as you catch your first +1000 pips I don't expect anybody following the exact method of what I'm showing here but using this information/technique to develop their ...

Trading Major Lines

Thanks a lot...We all learning from each other.. First of,I ignore the timeframes out of my favorite three (wk,4hr,5min) Its more important to keep things simple and clear rather than trying to combine or consider all timeframes when trading. I ...

Trading Major Lines

All I need in order to make my hindsight is one weekly candle at a major level.nothing extra needed. Its just a direction I need to choose and I don't try to interpret market via fundamentals as I simply trade the odds with low risk entries. Some ...

Trading Major Lines

Thanks Michael.. not so many good things happen on mondays and fridays just because they're usually "pullback days".. most of the time they go opposite of main direction because of that pullback/retracement attitude. However I try to treat the ...

Trading Major Lines

Here is recap. Hope it all sounds clear and easy to catch up.

Trading Major Lines

what I did with the latest countertrade example was that I pretend as a day trader or a gap trader during the journey, taking advantage of their first push down but not targeting their take profit level but something possibly a lot bigger. But the ...

Trading Major Lines

Good morning everyone.. Here is something little bit off the method just to point out that anything/any price action on higher timeframes can be traded in lower timeframes with low risk entries. Although I'm biased long on eu I just took a ...

Trading Major Lines

Not very clear but still holding long bias due to the last rejection of support.

Trading Major Lines

1 standard lot for each 50k and every other position opened only after previous position/s moved to b.e... I don't even know what leverage my broker offers because I don't need it. However every trader has a different way of trading.Some use tight ...

Trading Major Lines

Thank you Steve..Its just big major numbers and their median lines.You'll find out the info in the earlier posts. Hello Frank You're on the right path If you don't feel sure about gu.Because I did not like how it played on friday either.I have to ...

Trading Major Lines

very good example of why we should wait until the weekly candle fully formed before taking any action or making hindsight. this morning things seemed that eu was going to establish a bearish engulfing candle that might signal short for the next ...

Trading Major Lines

and I also think this is why gbpusd is faster than eurusd..gu has a strong level that needs to break if it wants to move down but eu already tested major level and reversed so no rush for eu..

Trading Major Lines