correct..my first trade died at b.e because of the news' pullback but gave me another "long" opportunity 10 mins before the news to do my second and last attempt for this 4hr bar..so now I have another free ride.I don't know if its going ...

Trading Major Lines

Speaking of sticking to rules.I have another rule which is about breaking rules in another way of saying "making exceptions". I trade some exceptional setups if its potentially worth to do that and only if it really tells me a story.. Following is a ...

Trading Major Lines

thats what I'm trying to say and this is totally up to your personal trading skills.nothing wrong with that. major lines to me are not only a tool for directions but also to keep me out of overtrading.

Trading Major Lines

nice to see you back vqtrader

Trading Major Lines

If you noticed that I posted only ej trade.Because it was the only proper one as per my method (It did test a major line of 120 and continued its down move)..Eu did not test that 1.5 level which makes me not eager to trade it yet..If I get a bearish ...

Trading Major Lines

Hey cfabian Maybe I'm already late to answer this message but the attached chart still contains fresh information

Trading Major Lines

I try to keep rules as simple as possible. So when there is a proper setup, only things that I consider before making an entry are the time (whether its close to a major news release or not) and spread( whether the spread is too wide for a low risk ...

Trading Major Lines

You can implement this method in anyway as far as you trade profitable.for more aggresive way of trading you can check out the building equity millipede thread of Graeme (pipeasy)

Trading Major Lines

hello everyone.. Last night when I was sleeping and probably dreaming too,some good setups occured in both eu and ej. attached is the example of ej. Remember you can always learn from the trades you've missed as well as the ones you took.

Trading Major Lines

I took a short on aj..I already posted my weekly hindsight(short) about this pair before. charts attached

Trading Major Lines

I would hold it "until" I get an opposite setup and low risk entry..

Trading Major Lines

closed my uj trade with 3 pips loss... I close it with small loss rather than waiting and hoping that it starts going in my direction..

Trading Major Lines

since I use very tight stop ,I don't place stop loss to prevent any possible spike.Instead I close it manually except the times I have to leave the computer.

Trading Major Lines

my first trade of the week.. went long on uj..lets see how it goes.risking 5-6 pips

Trading Major Lines

thanks sol. yes it does look similar.except au had also breakout along with the engulfing candle.

Trading Major Lines

Hi JS. What if it crashes that median line down?according to the last weekly price action this is what I expect.charts attached

Trading Major Lines

thanks extreme..great to hear that.

Trading Major Lines

ah ha..sounds like you got me but no,you didn't..I do that "only" when I get a conflicting price actions.If I had two different scenarios in my hands for a pair,I would tend to stay away from it except it has a potential of a great reward.

Trading Major Lines

Hi Jason.. just like you said,eu could've been moved another 500 pips easily if it played as per the fundamentals.But sometimes it doesn't and there is nothing you can do about it. Hedging is an important part to my trading method because when price ...

Trading Major Lines

So here are my favourite pairs and hindsight for the upcoming week. I've analyzed 10 pairs and these 3 were better among them.

Trading Major Lines