Yes its last week high. Earlier this week price poked up through it and rejected back down now if it is retested from below it will be a good place to short.

Ramblings of a Forex Junkie

Even if you find something it won't be right.

Ramblings of a Forex Junkie

I bet if the price on EU makes 1.3135 on this retrace it drops like a rock from there.

Ramblings of a Forex Junkie

Ha, Ha, maybe I should have taken it.

Ramblings of a Forex Junkie

Sorry that was to KK007 The weekly open is my Monday daily open price. For me the daily open is the price three hours before London open. Normally midnight Eastern.

Ramblings of a Forex Junkie

Sorry Snowbird I missed your post somehow. The ORB trade is largely a trend following thing. It is a shame that you didn't start three weeks ago because the method was terrific during that time, almost no losers. That is sadly the murphy's law of ...

Ramblings of a Forex Junkie

KK this is for you. No I will not go long here at the weekly open because it has already been successfully tested from the long side today. I would only short it now after it has gone down enough to provide some separation. I would prefer a four ...

Ramblings of a Forex Junkie

I like my line more than yours. Yours went up nineteen pips mine went up 106. Just messin with ya. There is a big secret in trading and here it is. What works, is what you believe in strongly enough to apply consistently and with discipline.

Ramblings of a Forex Junkie

Tantum, are you out there? I saw something today on EJ vis-a-vie our discussion about the NY option cut.

Ramblings of a Forex Junkie

Seriously my method picked the top on all three yen pairs (EJ, GJ, UJ) yesterday and they moved down how far? Zoom out to a four hour or daily and you will see entries in the wicks, the mark of a great entry trigger.

Ramblings of a Forex Junkie

Come here..... Smell my finger

Ramblings of a Forex Junkie

Pivots work sometimes and don't sometimes. My problem with pivots is that they were really a floor trader tool. There aren't any floor traders in FX in the traditional sense. There is no central exchange where all prices are derived. No two brokers ...

Ramblings of a Forex Junkie

I am a huge fan of his and know the method I just haven't figured out his PA triggers. I should probably ask.

Ramblings of a Forex Junkie

Excellent guys. Lots of people reading this thread that get it. I spend many hours trading every day and I spend at least three times as many hours going back over charts. I go over every pair on every timeframe looking for patterns. I spend almost ...

Ramblings of a Forex Junkie

I love Gleneagles, if I could figure out his triggers I would add his trades to my arsenal. I also like Xhale.

Ramblings of a Forex Junkie

I don't think I could answer this any better, but I'll try. There are plenty of simple "systems" out there. Wait until x, y, and z all line up and the entry is set. Problem is all these things are losers. As I said early on in the thread I use some ...

Ramblings of a Forex Junkie

No, I wouldn't know what to do if I had to wear a suit every day. All the information I have learned has been found in on line searches and through researching the mechanics of the market. I do not have first hand knowledge of trading practices at ...

Order Flow Trading

I don't disagree. I think it is far more important to me to have a pretty good idea where large blocks of orders are going to be sitting and also have a pretty good idea which direction to expect those orders to send price. I want to know where ...

Order Flow Trading

I wouldn't say the media has any useful information. All you need to know about market microstructure and liquidity needs of large traders is out there in cyberspace. Tier one banks definitely have the power and money to move the market to a place ...

Order Flow Trading

The world is full of people who refuse to take responsibility for their actions. Blame the broker, they are crooks after all. BS.

The Trader Behind the Trade™