Yes same the stop is just beyond the nearest swing. Tp is most visible SR. However trade off higher tf 1h+. The cross can also be used in both daily and weekly for a sense of price direction.

The Pouria Method

Some don't use a stop but its advisable. System been working for 14 years now

The Pouria Method

Many of you have mentioned a big fall. Let's see if momentum keeps. Big daily trend line about to break south. Trade well folks

EURUSD

A daily close around this area would send this pair low towars parity

EURUSD

Forgot to share this one too. Aussie. He looks heavy plus broke the trend line. Let me know if it works

Daily Trading Ideas

Hello It's looking like a nice short formation. Targets monthly lows. Let's enjoy the ride.

Daily Trading Ideas

Watching closely around this area.

GBPJPY

It's done in sequence Hard stop, break-even, stop moved to take profit, exit at desired r:r or key s/r.

How do you time your exits?

Keep an eye on today's daily close. Let's see if the momentum can keep it going further. For now it looks like a breakout to the north.

Cable Update (GBPUSD)

If any shorts are placed around here probably best to use a very tight stop as we near potential breakout/bounce zone.

Cable Update (GBPUSD)

Small gap now, 1.2920. Let's see if it keeps going.

Cable Update (GBPUSD)

Pair a tad quiet, however getting closer to the top again. Week end could indicate bulls in charge along side previous 2 months. The pair will have to break past the 140.50 barrier to be taken further up.

GBPJPY

There appears to be a break up towards the top. Not to usual for a Friday however for a weekly close this has a very upside potential. Have a good weekend folks and happy Trading~

Cable Update (GBPUSD)

Looks like a potential Breakout to the top in the next few mins here. Cheers folks

GBPJPY

Towards 1.30 test A breakout could lead to 1.33 and higher based on simple momentum. Happy trading

Cable Update (GBPUSD)

Seems like if 1.2840 is taken out there is plenty of short potential towards 1.2600

Cable Update (GBPUSD)

Price penetrated top line but couldn't continue and it has now fallen below 1.40 Looking bearish now with a possible bull trap. Let's see if Asia can pound it lower.

GBPJPY

It's amazing how this strategy is still working till this day

AMAZING Strategy!!!

After all that noise the pair has finally made a choice. South and retest of 1.36 as 1.40 cannot be handled. Always remember money management is key as old friend Merlin use to say.

GBPJPY

There seems to be a clear break-out to the top. If momentum keeps up this is a great long opportunity towards 1.30

Cable Update (GBPUSD)