I’d be happy to see it run higher for you, my reading on it is clear skies until 1.2295 area then a run to the trend line and breakout at 1.2314. ..But not with my money on it. In this pair I’m flat and looking to rebuild short book. A push through ...

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Good call I reckon, I mentioned the same just before market closed on Friday technically for me at least everything pointing to a move to at least 1.2314. I've removed my sell limit there and just set up an alert.

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Waiting...patiently

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EU busted the shoulder and low then Digger, Now they've run the stops the odds are decent for the retrace eh and if it makes it I’ll re build the short play. Have a good weekend folks and try to give a little love back to those who are ...

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Then respectively your plan wasn’t good enough. Market conditions have got nothing to do with it. Be honest with yourself. Every one of us has to self regulate. if you wish to continue..go back to demo.make a new plan and try to break it - ...

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So you’ve taken a beating...welcome to the the business of speculating every trader who is where you desire to be has had the s**t kicked of them too at some point. Now, take a break and if you want to step back in the ring, analyse where it when ...

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When the markets overrun and have two liquidity zones that need re-visiting - price drifts (as it has since yesterday morning)..The levels are both above and below..the nearer being above at 1.2314 and the lower at 1.1910. Which is why I personally ...

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And that’s what keeps you in the game...”what if I’m wrong” is the difference between a risk manager and risk taker..you got it down ta fine art mbrown always takes entries right off the barrier levels too; so when wrong..pain is minimal. Me ive got ...

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Youll get 1.2314 mate that’s a no brainier but it may trip off the HL first for a dump to stop out longs orders first.

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That black horizontal line will be where I’ll begin selling this pair again...however if it sells off large without hitting it - I’ll take longs for the ride back to it. For now, I’ll step aside

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Usefull tool is that Digger I’ve used it too. Can offer an opportunity to get back in on a move with the trend when observing divergences that will draw in long orders...if like me you are awaiting a re entry play

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Buyers ready to fight back..

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Could be- rejecting the third Bear Flag..

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Mental note - don't get on the wrong side of mbrown

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We are going under 1.20 no doubt about it but I have a higher probability of going to 1.2314 first and that why I offloaded and am looking to reload shorts from above.

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Sell limit at 1.2314 - nothing from me until it gets there - and it will get there. If it drops to 1.1910 BEFORE getting to 1.2314 -Its done for me (possible but less likely). Initial target for Longs = 1.2314 Initial target for Shorts = 1.1910 I'm ...

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Fading the Flag? why not

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Thank you...No, not getting Long mate although this will go back to 1.2313 - there is no doubt about that. If it goes there - I'll start to rebuild short - if it drops another 230pips or so without going there - its gone.

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This post may hopefully be of use to 'newer' trader just starting their journey. Its not about being right - Its about managing risk and building profits gradually without having wild peak to trough equity swings. If you aim to 'trade for a living' ...

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Here is how I see it (you may see it differently) Current downtrend clear with the third Bear Flag (just printed) If it falls to target from here - its without my money on it. I'm looking to re-build the short book - the reversion target is still in ...

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