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What kind of music you hear while you trade?

Funny, but with real intent. There are a few days every month that I sit out. 1) Last Friday of the month. Every Friday is a wild card because traders like to clear up their desks before the weekend. Last Friday of the month especially wonky because ...

M&W-Trading

This is the last day of the month y'all be careful out there on them charts, hear? LAFF

M&W-Trading

OK so my S&R was triggered at 119.95 for a loss of 13 pips. I just closed it manually @ 119.62 for a net gain of 17. MEANWHILE - if I had kept my eye on the AUDUSD there was a CLASSIC W setup right after I exited earlier this AM. But I would have ...

M&W-Trading

OK I have a candle close above 120.30 and an "oh shit" formation so I am going back to bed. See y'all later.

M&W-Trading

Looks more like inverted head & shoulders to me but that's still a valid setup. LAFF

M&W-Trading

I'm out on the AUDUSD @1.0536. LAFF

M&W-Trading

OK guys I am long the GBYJPY @120.09 S&R @ 119.95, [email protected]. If my S&R is triggered my target for that exit will be 119.58. LAFF

M&W-Trading

Also waiting on GBPCHF to form 3rd leg of a fat W - has potential. Let's see. LAFF

M&W-Trading

Looking at a possible big fat W setup on GBPJPY beginning Friday. LAFF

M&W-Trading

Yeah I see that but I think they are reaching for the 200MA on the 1hr chart @ 1.0517. If another candle or 2 closes north of 1.0569 I'll exit the position. LAFF

M&W-Trading

Sorry. Thought it was obvious. I'll try to be more timely next time. Just FYI I find that the AUD and JPY pairs often have a rhythm that isn't necessarily hooked to the rest of the market - I don't take a position during the asian session on any ...

M&W-Trading

Anybody else short the AUDUSD last night on that M top that formed late Friday? I am +93 right now. Got in 20 pips from the high. Target 1.0525. LAFF

M&W-Trading

@hart3000 - Thanks for this: LAFF [/FONT]

M&W-Trading

Close. Here's the process for an M formation: 1) Identify M formation on 15min chart - confirm with higher timeframes. 2) Enter short if price is <25 pips from the M high. 3) Set stop and reverse to trigger on first 15 minute closed candle 5-8 pips ...

M&W-Trading

No - not breakouts. Sorry - I should have said I set stop and reverse beyond the high OR the low - depending on whether it's an M or W. The object of the game is to enter as close to the top or bottom as I can achieve it. If the price gets away from ...

M&W-Trading

I went short the EURUSD this morning at 8:45amEST and closed at +50 pips a few minutes ago. I do not like to overthink the MW - if the pattern is there on the 15 minute chart and there are no obvious barriers or counterformations on the higher ...

M&W-Trading

I know you didn't ask me but here's my 2 cents. I didn't trade this pair yesterday but the setup on the GBPUSD was nearly identical. On the 15min chart, a lopsided W formed yesterday between 7:15am EST and 10:45 am. It was a good setup because it ...

M&W-Trading

This right here. I'm probably one of the slower learners, but it took me 5 years to finally be able to "see" the market correctly enough to be consistently profitable. For me personally it has been a psychological process. Your mileage may vary. ...

M&W-Trading

Yes. Good, solid and consistent results. I'm very happy with it. Whatcha got? LAFF

M&W-Trading