Were these TTs then? If not, could you please show your trigger and also your initial SLs? In the previous USD/CAD long that I took, it was a TT as it & the confluenced USDx were FTBs, so I thought it was of higher probability and took the plunge. ...

LJ Forex Group

Attached are charts from your previous post. The daily S/R line is obvious, but an FTB to it, that I could not see. Could you please enlighten me?

LJ Forex Group

These are excellent trades! Thank you for sharing them. On such correlation trades, do you usually wait for USDx to have actually found support and/or EURx found resistance at the S/R levels before taking the AUD/USD & USD/CAD trades? Or do you ...

LJ Forex Group

BTW, LJ, do you mind telling me where I could get the EA for the BRN marker on your chart? Thank you.

LJ Forex Group

Most appreciated, LJ. It's crystal clear now and when you look at the current chart, you seem to have a crystal ball in your hand.

LJ Forex Group

I concur, going down to the 5 minute chart was just total ignorance on my part given the trade context. It's a good lesson learned now. I appreciate the detail trade management strategy. It makes a lot of sense. Just one question, please: So you ...

LJ Forex Group

Thank you, LJ. It's what one gets at staring at your charts . However, like you said earlier it's the trade management that matters. I moved my SL to 1.0402 (5 min S/R levels) as I had to run for a while and got stopped out. Indeed I had placed an ...

LJ Forex Group

Took an FTB TT on USD/CAD, had a supporting correlation on the USDX. Planning to exit before the unemployment claims data, SL now at BE+2.

LJ Forex Group

Yes, I can see why. It's on weekly support and after a bullish data for GBP. ... and I could not agree more that there's a whole lot more than just entry. Thank you for pointing me to the right direction. I look forward to learning more from you.

LJ Forex Group

More charts...

LJ Forex Group

FTB TT — Hi LJ, Thank you for this wonderful thread. It is so enlightening, insightful, etc., etc. Just can't say enough good things about it. Getting to the point: I am basically sold on your bread & butter trades - the FTB TT. Earlier today ...

LJ Forex Group

Hi white-tiger, what is the allowed minimum trade size please? thank you.

Which broker has the best conditions for trading gbp/jpy ?

Hi Ozziedave, Not your fault at all. I didn't state the supporting reasons in the earlier posts, so did Letitride. Just felt like adding them for what it's worth here. I hope I don't sound defensive to your inputs. Please do keep them coming. Cheers.

The System (Irony included)

Hi Ozziedave, Yes, it's not a good pin bar. The nose is a bit short relative to left eye and the right eye is a way off on the higher side. But I wouldn't call this a neutral or indecision bar either as the body is on the upper range of the bar. But ...

The System (Irony included)

Hi Letitride, I exit the trade when price closed below my uptrend line at 0.7468. All the best to you. Cheers.

The System (Irony included)

I think I see your point now. Once established on the daily, keep it simple and don't overcomplicate things, just try to find a discount in the 240 but make sure not to miss the bus if price should rally. Thank you very much, Feb.

The System (Irony included)

Hi Feb, Thank you for your inputs. I would appreciate more clarifications here if you don't mind. Do you enter the pullback in the 240 the same way you get established on the daily, that is when you get a bar with a higher high signifying that the ...

The System (Irony included)

eur/gbp trade — Hi letitride, I also took the same trade based on the daily pin yesterday at 0.7480. However, in the 240' chart there is a price pivot resistance at 0.7483 and the 38.2% fib resistance from the previous high is also resting ...

The System (Irony included)

Hi Feb, I agree. I think this is what high probability trading is all about. Thank you for explaining.

The System (Irony included)

How low a time frame would you go down to, Feb?

The System (Irony included)