Yes but not yet.

My view journal

Got a hint yesterday to look att AUDJPY... — and this is what iIsee. Approaching a region of historical resistance as well as a trendline. Both the trendline and the SR line is drawn from daily closes not lows. If I was JOB ready to intervine ...

My view journal

Just closed a short fibre from 1.3768 for some pips. Think we are going down to 1.35 but dont like open trades when I sleep.

My view journal

Well and now its closed.

My view journal

And this is also true about gaps between sessions. eg london opens at 1.32 and closes at 1.33. Next day we open at 1.335 then we have a gap. This gap is also likely to be filled. The problem is that in Forex we never close (not even on weekends ...

My view journal

I agree with you on the news. The market behaviour around "news" is not always what I expect especially not now. I generally try not to pay any attention to news (just the market reaction) and try to avoid being in trades when important news are ...

My view journal

I see, interesting. I guess you are not going to trade this before the monthly close? There seem to be a lot of negative "news" in the EZ right now do you take that into account before placing a TA-trade?

My view journal

My View — image

EURUSD

Yea I think I can se why. Spinning top/Hammer. Was this also a good enought sell signal for you?

My view journal

Hello! When you trade this where is your TP? Do you just let it ride until you get a reversal or something like a spinning top?

My view journal

Goals for next month — Build a catalogue of reversal patterns Read trend trading again

From Muppet to Bastard

Closing this months book — Everything done except 4. So that will go into my goals for next month.

From Muppet to Bastard

Look at his old post and you'll know, been going on about a level here for a month . Guess the only thing that can stop that is the 1.42/1.46 dnt option.

EURUSD

@1.4282 — as I predicted. + all your stops now triggered. Now lets wait for confirmation up or down.

EURUSD

Not even at the small TFs that engulfing on M5 sure invalidated everything + I dont pay too much attention on lower TF reversal patterns if they aren't at S/R areas.

EURUSD

Why is everyone longing here? 1.4282 should be hit first. Have you never seen this before? Round number PA and then down to a major S/R? Wait get confirmation and then maybe take a long.

EURUSD

Ok, So lets see if we after this round number PA gets down to 1.4282.

EURUSD

Thanks heard about that beore. Isn't demand and supply zones just the same thing as S/R? Will add it to my list of things to study.

From Muppet to Bastard

Maybe its a good idea to also look at the 1M timeframe after all the patterns emerge on all timeframes. To really study PA you might have to. But I don't like trading from the 1M TF. Too me it happens to fast and since I'm now only trading basic ...

From Muppet to Bastard

Chart with roll levels — Here is a chart with the roll levels. I'm still not 100% sure that I got everything right (daylight savings and all). My broker is 3 hours of GMT. image

From Muppet to Bastard