thanks yeah that trade went ok. I may end up re-entering at some stage if it goes close to the mid-point of the IB. (and go long again perhaps)

The DIBS Method... No Free Lunch continues

I see a potential head and shoulders pattern forming on the 30min TF.

EURUSD

i am long on that one

The DIBS Method... No Free Lunch continues

Heading up to the Daily pivot of 2650?--maybe

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hello, have you read the tutorial at this website? If not then I suggest you do so. It has all sorts of great things there to help you understand forex and develop a proper trading strategy. No one knows for sure where the market will go. You must ...

EURUSD

i'm looking for the 2600 level at the moment

EURUSD

You're right. Thank you BoredToLoose. I am out for the day. I have lost 2.9% today. Man, it sux. Maybe I should have avoided today given that it was a US bank holiday. Usually breakout of the 1hr inner bar works good for me but today it was a train ...

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I hate the price action at the moment

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I drew a symetric triangle on the 30min TF. We closed under the triangle and it broke out to the downside and went down to 2741. I'm still in the trade waiting for it to reach 2730. I trade Inner Bars normally on the 1hr TF. My stop was triggered ...

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bah i got stopped out

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I am curious about today. Anyway. I have a long limit buy at 2788 with a t/p at 2820. Stop is in place as well. Anyway the way I see it is that if it moves in my direction and takes profit successfully it may bounce off the 20 and head down again ...

EURUSD

whilst I am currently flat at the moment, my bias is down currently. I think we may get close to 2700 level IF we break the daily pivot going down. Having said that I do have a limit sell at 2869 with a t/p at 2800. The stop loss is in place as well ...

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I'm flat. I have been stopped out in both directions. Too much uncertainty for my trading system.

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quite possible but we'd obviously(most likely) get a pull back first.

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down we goo

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Hmm...im temped to change my t/p to 2800 now on this sudden burst down. I'll see how we go as we approach 2850

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I have been stopped out on my long. This for me is signal in itself. I am now short until 2850 edit: the only danger for me though is if we keep ranging. That is what i think my system is not good at.

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if we strongly break 2920 level then i'm going in long until 2940 or 2950 as my first t/p level. If this does not happen then I have other plans

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It feels weird to quote myself but yeah this trade worked out well. I'd like to think that this new system is working but I've got a long way to go. I need to test this for at least another two months so that I have some degree of confidence in it.

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Today like yesterday I am doing an almost identical trade. I am long until 2980. I have a stop at 2888. I'll see how things pan out with the trade and modify if necessary. My strategy is based around pivot pts and psyche levels.

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