Great thread. Analysing daily candle specially on S/R leads to profitable trading signals.

Daily candle chart

Agree.

AUD/USD

Bullish. If it passes 0.9000 then 0.9166 the next resistance. On friday, there was a typical hammer which gave reasonable signals of this week bullishness.

AUD/USD

Salute to your pivot points trading structure.

EURUSD

Hammer on Friday and Monday on monthly support 1 This is a bullish sign. I am long from 1.3650- Target is open. May be even it can go to test monthly pivot at 1.41.

EURUSD

I agree with you honey. I myself is looking at 1.27 as yearly support 1.

Jacko's Forex House of Pleasure and Pain

I will watch the PA around 0.9000 before deciding to short or long. I need a candlestick confirmation (like shooting star for short) around 0.9000 to find out the pattern.

AUD/USD

You are violating FF- Rule #1 Violation (Respect Thy Fellow Trader). You are not respecting your fellow traders. I have reported your post to site moderators and they will decide the course of action within 24 hours.

Making a living trading forex

You are a great trader helping other traders as well. 10 + vouchers which you have earned within few months at FF speaks for you in high esteem. The guy who is defaming senior and popular traders at FF is a new joinee (joined in jan 2010) and has no ...

Making a living trading forex

Since you have joined FF last month only, you have no idea who the Razor trader is. He is a successful long time frame trader who is helping other traders to learn the 'real trading' through his journals, threads and other posts. If you want to ...

Making a living trading forex

Is this system working?

The Only Pivot

Good Luck. I trade daily candlestick with a monthly perspective using pure price action. Trades are opened for an average of 3-10 days- Position trading to grab large pips.

Zen Trading - $30 to $50,000 by 1 August 2010

Yes high quality analysis based on price action. But are you converting high quality FX analysis into a small bank?

High Quality FX

Welcome back Xaron. Great trade. 1.35 is coming. At last you are now shorting eur/usd I think PA needs to be watched at 1.35 and then may be long or may be short depending on candlestick pattern around 1.35.

$5k to infinite

Non-Commercial are net long on Aud but the last week flipping was done and they have added more short positions and liquidating long positions.

Weekly COT report Analysis + Trade Ideas

Great thread. I am also trading daily candlestick on monthly pivots/support/resistance zone. I look for candlestick patterns around monthly pivots/support/resistance which i call them as 'key points'. I try to look out for large pips trade by ...

Psych Levels, Pivots, and Trendlines - Resurrected

I want to short this pair next week for ride to 0.85 in 5-10 trading sessions- Position Trading.

AUD/USD

1.27 is yearly support- e/u should hit 1.27 in few months.

EUR/USD going to fall BIG

This is the reason IMO, newbie traders meet failure. Day trading is incredibly tough. It is not means for new traders. A new trader should start with position trading.

Making a living trading forex