It's a steep climb to counter trend though I can understand with UJ at the 100 mark and EJ may follow suit. GL I agree with 1min trading. I tend to find where I want to enter and then correspond my entry on lower TF's. My cadjpy missed it's target ...

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R:R was good though if you can pick them regularly.

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yah I like that support. It could be a good trade.

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I am demo testing this R:R 100%:50% on demo (lower risk on main).

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opened on cadjpy. @95.18. tp 26 sl 13 with break back above top TL.

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It is currently in the channel of the 2 daily TL's. Depending on pa at the time I may buy if pa reaches the 1st TL for the bounce up and beyond the second. 2:1 R/R with tp 25pips, Sl 12

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Hey. Thanks for chart. I like this sort of trade at the 100's marks. Pity this one didn't breach 1.3500. Would you still play a pullback if it came back up to take out 3500? I am currently looking for a trade with the cadjpy. It is at BO (or ...

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Thanks for this owl it's appreciated. I totally get what your saying and agree. I have just managed to get my trading into control over the past 8-10 months or so and started making some real money... (finally!). I am at the stage where I can spot ...

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nice wd. 1st step of R2R done on demo. $50 to $102... only about another 9 steps to go . If I get a few rungs up I will post it either on explorer or Mfxbook. I will start looking for another setup tomorrow. time to get back to my movie Edit: ...

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Its been a strange day for pa to me. I actually sat the entire day out aside from this trade. I am glad I did. EU is on a roller coaster ride as is AU, UJ is in a an expanding wedgy looking thingy. I prob would of lost money cos most of yesterdays ...

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This is the scenario I was talking about in the quoted post. If I had of entered upon B.O. my Sl would be in the zone that could be knocked out by a pull back bar. It means reading the trade a bit early and some stressful hours before hand but in ...

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Hey Kuro. I appreciate reading your posts in the eurusd thread. I think your strategy is similar to mine (except your better at it than I am ) I trade a fair bit of eurusd but I'm not sure I could do the 2:1 especially on a 5 min considering the ...

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Heres the same tick chart type with GU. Not sure if it's going to challenge the TL or drop. a lot of GBP news coming up in les then hour. I'm not big on news trading so will wait till the dust settles.

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At a glance there seems to be bullish divergence on your 4hr long term view. But bearish divergence on your 30min. I don't trade often with Divergence but just to clarify a reversal or continuation trend so I'm not sure.

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Hey Intrepid. Cheers. The Tick chart is a download and I can't remember where I got it from. It's called "iTick" search online and try youtube too. If you can't find it PM me and I will try to dig it up for you. It is unfortunately an offline chart ...

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Nice looking chart Redddz. I will be keeping an eye on this set as its my style of trade. Resistance TL's have kept USDCAD trade in play for now but is currently anti-trend.

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I'm not sure what the markets are doing atm. Just to show where I am I will show how I took this trade. The charts I am using are just over 1000 ticks per candle. I have found that the trend lines on these charts are more accurate than normal timed ...

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yah probably right. live and learn My entries have never been fantastic. I tend to jump in a few pips further out than I like but I have found if I wait for the full bo bar to be drawn my SL can be too far away from major resistance and hence ...

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Just to clarify I am trading this system on demo (lighter risk on real) until I get into the swing of the R:R.

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Ok I am in. UC. It's not a real strong move but it is correlated with other currencies. Asian session doesn't help. My personal system is like scalp at the beginning of these large moves getting the initial rush. TP 25 and SL 12. SOLD 1.0485. see ...

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