Yes and no. Believe me, I value your wisdom. Probably more then just about anyone on this forum. But if I took profits every time I wasn't sure about a trade and got a few pips in the bank, I'd ruin myself over time with the losses. I hope I'm ...

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Oh believe me, I know that. And this wasn't the perfect hammer, but at the same time, I took it anyways because of the fact I haven't seen anything to lead me to believe this is anything but a retracement. This trade is still in its infancy. ...

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Indeed... And Uncle Ben printing money puts the USD in bad shape.

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Yeah, still nothing that I've seen fundimentally that suggest the bear will be taking over. That down move to me is looking more and more like a retracement than a full on bear movement. I'm in long at the hammer yesterday. We'll see what happens.

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Congrats my friend!

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That'd be the one!

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Thanks again. That was very helpful.

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I got a question for you concerning the pattern. If there is a small move up here, say for a couple of days, bringing it back near the top, would that negate the pattern? Or would it stay in effect until the top is broken though? Thanks in advance

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DB, whats up... I took your advice on when to bail on my trade, and it worked out perfectly! Thanks you!

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Come on Mr market... Just give the guy his pipies!!! lol

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Very true... I'm not selling right now. I'm just noting that technicals are setting up the bear. Like I said before, there is nothing fundimentally right now to get the big move started.

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Good morning all... See we had another drop overnight... Would love to see a run down to 1.04 today, if not father. Even though there is nothing fundimental to see a significant drop right now, I see divergance on the daily chart, and I'm beginning ...

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Thank you! I feel like a million bucks today... Even if my account isn't that high... YET.

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If you would allow me too, since I don't get to do this too often... Allow me to brag it up for a second... Yeah, so last evening I closed out my aud/usd and aud/jyp longs. Total pip countage you ask??? How about.... 314 pips on the aud/usd, and 245 ...

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Great job! Congrats!

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I've turned to trading the daily charts. I tried the 4 hour charts before, but found myself losing more often than I was comfortable with and missing key times, like the 3am cst candle, due to living in a state of constant exhustion. I can't day ...

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Hey DB, where do you have your TL at? If it is at the same place I have mine below, hasn't it already hit it and been rejected? I'm at that tricky place right now... Do I hold my trade a bit longer and hope it breaks though for another huge round of ...

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Might as well keep going up... I'm plus 600 pips between my aud/usd and aud/jpy trade right now. TO THE MOON!

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Not sure quite what you're getting at there??? I just trade hammers... They are like gold to me. I'd trade bear signals too, but I just get trashed everytime I try. So I just stick with what I know... So sometimes I'll set back for a couple of weeks ...

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Unload, and take the next transport back to down.

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