usdchf — update on this...did break down. Opened* short and moved to b/e..stopped out. Opened short no 2 at 1.2383...moved stop to b/e....now 20 odd pips up * trades are very small test trades. Not part of original 'plan'. That will wait till ...

Slow and steady using patience and discipline !

Hi Renasdad, the orange one is the 100 SMA, the purple is the 62 EMA - I have a thing for fibs ...but yep...good spot...adds to the tale

Slow and steady using patience and discipline !

Gbpjpy — wow...this really does look good. look at the confluence of the fib, strong uptrend, and previous strong resistance level. bounce off of here and through current downward 4 hr countertrend could make for a really good long ...

Slow and steady using patience and discipline !

usdchf hourly — 4 hour trendline. if broken down, with close below blue line, and the confluence of the channel top and the fib, one might consider a short trade ...

Slow and steady using patience and discipline !

usdchf — two charts...first is daily with daily channel forming. Also 38% fib reached from previous big drop

Slow and steady using patience and discipline !

Hi again NIFX, sorry for the delay in getting back here. Been working somewhat. I have decided to take WTB's advice (which no doubt is excellent advice...he is somewhat of a pro). But I will post some charts and ideas...not necessarily daily, but ...

Slow and steady using patience and discipline !

Hi J, I'll compromise !! Will post charts and ideas, but not trade till Sept... Thanks for the advice. John

Slow and steady using patience and discipline !

Hi soso Do you wait for break of the lines, or a close above/below the t/l ? if a close - is it a daily close ? if a break, do you set a limit order above/below the t/l - if so, how much above/below ? cheers John

Daily EUR/JPY analysis

eurcad if it drops below the green line and pops back up it'll hit a confluence (thanks JH) of resistance/support - bounce down from there would make a fair short trade...

Slow and steady using patience and discipline !

A bit of number crunching... — Whatever we use to trade..the bottom line often will be - how much can I make? How many pips? What % of my capital can I make a month? etc etc. I'm going to give my answer to these based on the way I believe this ...

Slow and steady using patience and discipline !

AUD JPY Another nice setup...coming back to a confluence of support/resistance... blue downward TL that go broke and might now be supportive red countertrend line that might be supportive 50% fib that might be supportive. turnaround on shorter time ...

Slow and steady using patience and discipline !

audusd nice setup being created for a short trade...

Slow and steady using patience and discipline !

Hi all...new thread taking over.... http://www.forexfactory.com/forexforum/showthread.php?t=5890 See you there...

Slow and steady

USDJPY This is a daily chart...main red up TL broken and now being retested as resistance ?

Slow and steady

EURUSD Same idea as yesterday...

Slow and steady

gbpusd shorter time frame turnaround with longer time frame bounce off green line ? might be a fair long trade ...

Slow and steady

USDCHF not much happening...maybe a horizontal channel, but bottom line not strong at all...

Slow and steady

We'll learn it together....but the mind killer thing is too true. Have also chatted to a very experienced and very succesful trader who has a limit regarding the trade sizes. If they get too big, then his mind plays games with him and emotion etc ...

Slow and steady

Pleasure re the charts. Just remember others may draw the lines differently, or on different timeframes Have a look at this gold chart...not sure where to draw the daily trendline, but 2 of them seem to be about to be tested.... fib low also a ...

Slow and steady