Whilst I have time, here is a lovely diagram of how I decide to enter. At BE now but PA isn't looking too good on the 5 and 15 min.

Pete's Forex Trading Journal

GU long is doing well and as planned

Pete's Forex Trading Journal

Looking at EU daily earlier I saw that it was highly possible it was just a retrace. Now daily is about to close with wick and the tail wicked 50% line and also H4 demand. High prob of a long day when daily closes.

Pete's Forex Trading Journal

GU H4 has reached H4 and daily demand, will see how this closes to see if I have a trade going on. Normally market bounces from supply and demand but this last swing short has been bugging me all day. I know with trading, anything can happen, but ...

Pete's Forex Trading Journal

If we switch to EU, I see the weekly moving a nice trend, right now price is coming down, I switch over to H4 and market could possibly go south to H4 demand in green then continue its journey north. As I'm typing this EU hit weekly 50% line and big ...

Pete's Forex Trading Journal

Just stepped out for a bite for an hour. h4 close and price is still moving down last hour, not convinced it heading south as it's more like a trickle than like a flowing river. Still, I will trade what I see.

Pete's Forex Trading Journal

Mmm looking at PA now, H4 is going to close in about 35 minutes, looks to me like it's this is a retracement of a move up. I'm making no conclusions yet, just keeping things in background and trade when I see something concrete.

Pete's Forex Trading Journal

I was caught napping on this short. If I looked at the weekly candle to see tough fight between the bulls and bears then I may have thought "mmmm could be short" bah If I thought that then I would have likely took this from the 4 hour. Hate ...

Pete's Forex Trading Journal

I didn't like the pa on the 1 hour and I knew that it could blow hard down so close when I got the chance. It did blow down hard. I've a feeling that it may continue up so best I close out and reenter when I see something good. Out for +218 pips RR ...

Pete's Forex Trading Journal

Ahh one other thing, I think GU is a professional gap up according to Sam Seiden recorded webinars, if that's the case then even more ammo for the long. H4 will close in 3 min, nice pin, will see what happens. Anyone looking at aussie ... nice gap

Pete's Forex Trading Journal

First for me, I normally close my trades before weekends but feeling confident these days This is nuts, I didn't have one loss last week. Long is still looking good, targeting 6600, big number and close to 50% and close to daily supply.

Pete's Forex Trading Journal

Can you answer my question please Justin?

MB Trading Futures - Introduction

Good news on lowered commissions, about time! A question on China accounts, this affects accounts opened in China or ...? Can you be a little more specific please Justin.

MB Trading Futures - Introduction

That was a long wait. Moved stop in profit, wouldn't be surprised if it moves to 653X-ish

Pete's Forex Trading Journal

Nice move south maybe over for now. Nice wick on H4 almost close above demand. But a finger on the button just in case

Pete's Forex Trading Journal

Another trading day. Had a short feel all day yesterday, not surprising really So here is what I see for today. Daily level is down to daily and weekly demand so I'm not shorting anywhere near this area, gonna be patient and wait until (if) markets ...

Pete's Forex Trading Journal

mmmm scatching head — Guys, every time I'm reading a new thread here, I hear from a lot of people that 10K is a low trading amount and under-capitalized but is this really true, I'm finding it hard to believe. But with a 10K account, risking ...

How long to be profitable?

Nothing's guaranteed in trading, trend may continue or not, just have to close out when you see it go against you imho

Trading with Deadly Accuracy

Clearly long from H4 demand

Pete's Forex Trading Journal

Can I dare say that if H4 closes here above the H4 demand, then I can look for longs? Need to be careful here, looks like a falling knife scenario.

Pete's Forex Trading Journal