Interesting, so if you were to add more on this type of rejection PA on the hrly, where would you place the stop?

Trading Price Pivots

A lovely run down from your entry overnight, i'm with you on the EU short but from 1.4432, as i used a closed 4hr candle for confirmation I'll certainly be looking at the 1hr for entry next time, still it's +125 atm but i have resisted moving the ...

Trading Price Pivots

Nice thread, Chantal. Ties in with how i'm trading the longer TFs these days, inspired by Nomask's Trading Major Lines thread. I have weekly hindsight as down and closed below 1.4500 level, i then use 4hr Heikin-Ashi candles to home in on an entry, ...

Trading Price Pivots

...a daily fix for me. Builds nicely. video

What kind of music you hear while you trade?

...interesting to note your 5min ema(50) method was on the opposite side, trading short today. Still, 34 pips up on the day is a good start to your live trade posts.

Riding the trend easily

...a quick in and out (EU short).

Flag trading the trend

GU — ...the short setup triggered...i'm cautious around entries, so i waited for the pivots to breakdown and entered just below the psych50 level.

Indicator Free Trading - Skunny

EU — ...EU hit both yesterday's T1 and it's wkly T1. Will it retrace for another setup long today?....who knows. edit: 11:12 - going to plan so far for the long entry...watching on the 5min for a decent setup now...back ltr. edit: 15:00 - ...

Indicator Free Trading - Skunny

Great discipline/patience, DL. Nice one.

Indicator Free Trading - Skunny

EU — ...DL long setting up, waiting for retrace price action to signal an entry, ideally around inner fibs but a bullish reversal may well print sooner. edit: 5min 123 long setting up, on break of 3770...i'll wait for the 75 level to break ...

Indicator Free Trading - Skunny

Morning mate...with your inspiration things are beginning to get a bit clearer.

Indicator Free Trading - Skunny

GU — ...not a rigid DL setup as the swing i've fibbed is across a few days, but the main principles remain the same. A long piercing, pullback to yesterday's lows and then a drill down to 5min, a 123 long off the lows which also happens to be ...

Indicator Free Trading - Skunny

Great example - thanks for digging it out. If only i'd had these lessons drilled into me years ago.

Trading Major Lines

Like your thinking on the counter trend setup...great discipline. If the next 4hr print looks bearish will you try the CT again, or is that it for the CT trade for you now?

Trading Major Lines

GU — ...TP1 hit to the pip, before backing off - not the best setup though, long pierce but no retrace to inner levels for the bounce. Too close to the BoE report for me, but encouraging to see the power of the 138 extension yet again.

Indicator Free Trading - Skunny

Agreed, looks bullish too lol....inverse H&S perhaps and of course v strong pattern today supporting longs..might begin to look clearer tomorrow.

Indicator Free Trading - Skunny

EU — EU 4hr fib template...just want to be able to refer back to this in the coming sessions.

Indicator Free Trading - Skunny

GU today — ...although i had the GU hrly fib (from Friday) still in play, i didn't take this setup today. A great day for fibbing across many pairs/crosses. 1st chart hrly set-up, 2nd chart 5min entry PA, T1 hit in around 1.25 hrs. Sweet.

Indicator Free Trading - Skunny

EU — Hrly reversal candle printed off the dominant (white) fib... edit:14:22 - still waiting for 5min pa to signal a short from current level...i'll only be following it though.

Indicator Free Trading - Skunny

EU update — ...zooming in on the 5min now for some short PA around the inner fibs.

Indicator Free Trading - Skunny