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Matts Micro replied Nov 12, 2013I am looking at one trade atm. usdcad is stuck between a rock and hard place that should react with a bo. The yellow line is a weekly TL and the red lines are a hourly rising wedge. if pa breaks below lower red I will be looking for entry point with ...
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Nice. Keep those charts coming it's appreciated. I will reanalyse the charts tomorrow morning (today? only 3am atm) but usdcad and usdjpy are starting to look interesting and eurjpy is still on the cards.
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Very nice sweep, looks like it's your next shout at the bar (I mean buy us drinks not scream at it)
I must have passed over this pair a few times but it's definitely not one of major currencies I use. Going back over the history I can't believe ...High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Hi Intrepidpips. Interesting idea. I use divergence just mainly as a backup signal of a reversal or continuation. I will be watching my own signals from here onwards. The next time you get a possible signal happening for a R2R setup perhaps you ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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Matts Micro replied Nov 12, 2013Hey Owl. do you still have any of those shorts still open? Nice call

High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Hi. I'm not sure exactly what your talking about. I'm sorry if I'm missing something here but I haven't come across this before. 1. Random entry testing? Does it flip a coin like you were talking about earlier to enter a trade? Because if it is you ...
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013It is true 2:1 is difficult. It is why I made this thread in the first place. It isn't so hard to find trades that can be taken with a 2:1 ratio. What it's really about is not taking the other trades in between.
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Hi sorry missed this post before. If your trading is like a coin toss then I'd suggest you save the dollars and open a long term savings bank account. To understand completely how the MM system works you should probably read url The MM doesn't ...
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013heh yes. Im a TA'ist n I believe it is the crystal ball to the future. Will be following PA closely. I can relate your levels to S/R zones on my chart. Thanks again for time.
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013Hey Max. Thanks for the chart, muchly appreciated. I have a question. I noticed the GBP CPI is due in the next half hour, would you recommend these levels once the news is dealt? I have to admit here that my fundamentals aren't the greatest so I ...
High Probability Trade Setups
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Matts Micro replied Nov 12, 2013An interesting setup pending news. There's a lot of fresh air topside.
EURUSD
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Matts Micro replied Nov 12, 2013It would seem the euro is taking a beating but even more so the yen. I think it has breached back into the daily channel. I will keep an eye on this but I think it's a no trade. The search continues.
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Matts Micro replied Nov 11, 2013Yah I like my scalping. My main account (axitrader) can have 400:1 and another live broker im with is ic markets which has 500:1 I like these setups using 25:12. It's tight but on the BO trading it is a good amount before serious pullback.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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Matts Micro replied Nov 11, 2013A H&S formation on lower TF's suggest that the trend is changing.
High Probability Trade Setups
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Matts Micro replied Nov 11, 2013The zoomed out look of EJ. It is challenging to re-enter the daily channel. If it breaks into it there could be a high spike on the upside. otherwise it may have a opposite reaction with a continuation of the BO from the daily channel. I will only ...
High Probability Trade Setups
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Matts Micro replied Nov 11, 2013I am currently watching the movements of this pair. I can see a divergence that may be a sign of a BO on the lower TL on its way.
High Probability Trade Setups
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Matts Micro replied Nov 11, 2013Hey owl. Thanks for chart. I like this pair for our purposes of H.P.T. It is a strong trending pair with reliable B.O.'s. It appears that the 30 minute channel is caused by a weekly/daily channel B.O. I like the look of it with only a 30pip range. I ...
High Probability Trade Setups
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Matts Micro replied Nov 11, 2013Thanks FerruFX. I will fix the intro.

High Probability Trade Setups
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Matts Micro replied Nov 11, 2013ha, yah I did look at that twice but nm, at least the doctor is in
Thanks for Q. Yes the 2:1 R/R isn't be all end all ...at all. I am looking for trades that will fulfil a predetermined move that can be safely traded. Whatever the setup; if good ...High Probability Trade Setups
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Matts Micro replied Nov 11, 2013Cheers bud. It will be a working progress I'm sure
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