That's the bulls isnt' it?? LOL - thanks.

Support and Resistance Method - Pharley

Hi Rover mate, Yes I'm still in that trade - I'm up all of about 10 pips or so! It just hasn't moved since I entered. Never mind - I'll keep an eye on it and if there is something better to enter, I'll close it down and move focus. Yes, the more I ...

Support and Resistance Method - Pharley

Can anyone explain to me what the Shouts thing is on your profile? What's it for? And while I'm at it, what's this little yellow flag thing by my name? It says medium impact member (top 5%) - I don't understand that either!

Support and Resistance Method - Pharley

Now I'm really just looking for my next good set up - I'll do some analysis over the weekend. I'll try to target a decent return and good pips (another 60% would be nice!), but you never know, might be better or worse! Cheers

Support and Resistance Method - Pharley

Hi JimbobJonez, I've had a look at the chart. I don't normally trade this pair due to lower volatility. But I post a week and day chart. If price breaks up from the trendline coming down, then I'd wait for a retrace to it and if everything is ...

Support and Resistance Method - Pharley

Hi Aud - same goes for you as well - welcome and let's share some good knowledge and set ups on here which would be terrific.

Support and Resistance Method - Pharley

HI GC Forex & welcome! Please don't be shy with comments, questions, charts etc! Cheers

Support and Resistance Method - Pharley

Hi T12, I don't think I understand your question. SL is determined by price action, so I normally place mine at swing highs or swing lows. I'ts not a calculated point, but a point where we think that if price get's back to there, then we're probably ...

Support and Resistance Method - Pharley

Sorry mate - End of Day

Support and Resistance Method - Pharley

Hi Orabi, I can't remember the exact pips - it was some time ago. But for sure the spike went down around 100 pips before disappearing. I immediately checked 2 other broker platforms - Oanda and FXCM and didn't see any movements the same as that ...

Unethical behavior by brokers

CMC markets - I watched live as a spike in price went down to where all the buy positions SL were. Then price went back up and disappeared off the screen as if it had never happened. They totally denied SL hunting of course. I packed in with them ...

Unethical behavior by brokers

LOL - snap !!!

Support and Resistance Method - Pharley

Anyone trading the cadjpy off support? Looks interesting,

Support and Resistance Method - Pharley

Hi Wattaman, No - not that support line, just where price had got down to previously on a horizontal line. Plus the 50's and 100's are psych levels, so I was just looking at that.

Support and Resistance Method - Pharley

Hi T12, Yeah, Nial sent me the same message a few years ago. I try and get as closely aligned as possible to that time as well. My previous broker had their day finish coinciding with EOD NY. My current one doesn't but I can set the server time to ...

Support and Resistance Method - Pharley

Oh no-one knows! We're all guessing most of the time, or using some basic PA principles to take a best guess at what price will do. Hard to do that, so just trade what you see. If it works out that's great! If not then let your risk mgt take care of ...

Support and Resistance Method - Pharley

Hi Wiz, Looks interesting mate - probably target 126.50 if you're going short.

Support and Resistance Method - Pharley

Hi Wattaman, Yes price has come down to that lower channel. It's come down a bit from major resistance (horizontal) on a weekly chart and just crossed back through a sloping down trend line. It's not clear to me yet what it may do - so if it's not ...

Support and Resistance Method - Pharley

Hi Wattaman, Just a quick look tells me it was in a rising channel previously - could be heading down to the lower part of the channel perhaps? Draw in some trend lines and look at major S/R areas to see where it might get to. Cheers

Support and Resistance Method - Pharley

LOL, well I like the look of it and as the first entry, it's at a minimal risk level. Cheers

Support and Resistance Method - Pharley