Hi pipsplus, thank you and welcome if you're watching then possible trend continuation signals setting up in our intraday timeframes... in other words prepare to buy after consulting your lower intraday tf's... don't rush , wait for the setup to ...

When Price is UP, buy; when Price is Down, sell short...

here are the Daily charts of the Kiwi & Ozzie for those of u interested. buys rule... so i may pyramid in lower timeframes should the opportunity arises. Please Note: before buying check for yourself the following to make sure that we are following ...

When Price is UP, buy; when Price is Down, sell short...

hello Subrina and thank you for your kind words and observations. u will notice as u progress thru the thread slight minor adjustments to the strategy, that just shows how the strategy matured. i do hope that u find some value here, sometimes a ...

When Price is UP, buy; when Price is Down, sell short...

you know Bendz, i still make the same mistake from time to time and sometimes i have to force myself from not jumping in before the bar close. the only way i overcome that eagerness is by shutting down my trading platforms. by way of an example: the ...

When Price is UP, buy; when Price is Down, sell short...

just an update on the weekly candidates after one trading day... ..all pairs behaved as we thought they would but now i would love to see some distance one way or the other, but lots of reds news today so the one's we watch are just churning in ...

When Price is UP, buy; when Price is Down, sell short...

here are the Average Dly Ranges for 4 fx pairs. 3 of the 4 pairs had normal ranges for yesterday except EURUSD which had a range of about 60%. image

When Price is UP, buy; when Price is Down, sell short...

lots of red news today starting with EUR, GBP & AUD from London Open till noon then later in the day when New York open it's USD's turn.

When Price is UP, buy; when Price is Down, sell short...

most of the pairs formed reversal days yesterday but that doesn't mean the GEOT has changed, it only signals that for today, intraday trading is the way to go in the direction of yesterdays close. i won't have a chance today for counter [GEOT] trend ...

When Price is UP, buy; when Price is Down, sell short...

hi Bendz yes, this way of trading requires that u have patience to wait as a setup develops, then most important...we have to wait until the signal tf bar closes, meaning...if one's signals are generated by the 4hr tf then no entry must be made ...

When Price is UP, buy; when Price is Down, sell short...

and actual shorts and Limit Sells. as is my habit every friday evening or afternoon, depending where in the world u are, i open my trading station a few hours before closing time (usually from 3hrs to 30mins) and scan the trend setting tf's, mainly ...

When Price is UP, buy; when Price is Down, sell short...

one buy candidate and 1 sell...see the 4hr charts below image

When Price is UP, buy; when Price is Down, sell short...

below are some charts of my shorting candidates for the coming week. please note that all of them made daily ranges outside of their average daily range so i think that intraday retraces will be the order of the 1st trading day. the hourly chart in ...

When Price is UP, buy; when Price is Down, sell short...

ok, i understand Bendz i want to point out that in trading this way (with lowering protective stops in front of your entry) u will lose a couple of good entry shorts should the inevitable up retrace occur which may last several hours to several ...

When Price is UP, buy; when Price is Down, sell short...

excellent, marvelous...way to go Bendz, ok now that 1hr chart of you really warms my heart, just one question ? i see lots of entries protected by +breakeven when price is still relatively very close to your entries, can u please let me in on ...

When Price is UP, buy; when Price is Down, sell short...

red news coming up soon for the EUR and later when the North American markets open for the CAD

When Price is UP, buy; when Price is Down, sell short...

yes Bendz, what a beauty i have several accounts and below are my positions in one of them. u may notice i also have a Sell Limit order in place should it retrace. all my trade sizes in this account are similarly tiny and that is a factor of my ...

When Price is UP, buy; when Price is Down, sell short...

today's red news is on JPY, GBP & USD

When Price is UP, buy; when Price is Down, sell short...

yesterdays range was about 86 and the Average Daily Range over different periods u can see in the attached image below. so i would say that taking 50 pips out of 86 is acceptable. the previous trading month [22days] had a range of 158 so in ...

When Price is UP, buy; when Price is Down, sell short...

hi Bendz, yes u were right. the early short on EURAUD almost stopped out with that interbank sweep run-up but it eventually dropped. just as well i shorted wen i did because i would have missed that 4hr entry signal. at the time when i posted that ...

When Price is UP, buy; when Price is Down, sell short...

lovely short opportunity with decent entry setting up in NZDJPY

When Price is UP, buy; when Price is Down, sell short...