Hello all.. This thread is very interesting, because the O.P. is clearly frustrated as to the lack of stability of his entries. I would like to point something out to you which may change your opinion on this setup. 1) If you are trading the 1m ...

Price Trap Eur/Usd 1 MIN

Hello Mr Chicky. How has your trading been thus for in 2015?

EURUSD

I have a question for those of you who use support and resistance to enter in a currency. Could you please tell me on the 5M of USD/JPY today. That huge spike down, How many supports did it close under?

Are support and resistance levels predetermined?

Just to reiterate what you have mentioned. Martingale is simply a portion of the money management with a trader can implement. In no way shape or form, should it be used as the SYSTEM in which you enter a buy or sell position. I found a very ...

Martingaling - Looks so good until the inevitable

At the current moment, I am simply testing fibs out with fractal setups. Once I find results worth posting (results which have a very clear outcome for a scalp trade) it will be my pleasure to share it with all here.

Are support and resistance levels predetermined?

What would constitute "over-bought" or "over-sold"?

EURUSD

I have found it very interesting that you have decided to use martingale with what you call "cat bounce". I for one stay away from those cat bounces, as from my P.O.V. It is a coin toss. Although the price does usually bounce off previous ...

Martingaling - Looks so good until the inevitable

None volatile? Did you not see the price action we had on UJ and EJ about 7 hours ago? Swing traders appear to want to see 300 pips per day. Those days come once in a blue moon, and volatility would be or should be judged not on the range, but the ...

EURUSD

Good morning, Would you please be as kind enough to tell me how price action suggested that the price would go to 1.23 - 1.24 The meer calling out of numbers which we see on forums has nothing to do with price action. As price action is what you see ...

EURUSD

Thank you sir. I will be sure to look into it.

EURUSD

Many people plan on shorting it as the higher tf says to, but pay attention to the 5m on the EU. Although this move up was not a super strong one, and the highs continue to get lower on EU, watch out for the accumulation here at the main pivot, as ...

EURUSD

Hello sir. In one of my previous post I attached a link in which you can get the daily pivots. url

Are support and resistance levels predetermined?

Could very well be true, but what confuses me is why EU has not broken out even 20% of what the other pairs have. Usually EU moves 1 pip for ever 3 EJ and UJ moves.

EURUSD

R1 is now less then 20 pips away from being hit.

EURUSD

This move has most certainly made me confused. You correlate for 24 hours. Then you stop correlating, and then when the other pairs tank, you stay completely still.

EURUSD

Then again these moves on EU to the upside are always met with an even stronger extension to the down side. The unexpected move would be a cup and handle formation with yesterdays high, as many people have pending orders to sell. The last major ...

EURUSD

EJ and UJ both left nice long wicks at the S3 pivots on that spike down.... EU maintained a full bodied candle.

EURUSD

Market moving before the news. I have not seen anything hit the wire yet, so now we will see if my theory proves true. We missed the s1 by .1 pip and now we rallied to touch the main pivot. Can EU make a cup and handle from yesterdays drop?

EURUSD

EU so close to touching that MAIN pivot now.

EURUSD

Oh my word. Did you guys see that candle on UJ and EJ. If only EU would of spiked like that in the opposite direction. 60 pip drop in less then 20 seconds for UJ

EURUSD