M and W is quick and easy and works, if you know the bank traders model. It's like a vapor trail the high flying jets leave in the sky. They cannot avoid leaving the trail, that is nature. There is not a lot of time when things are moving to ...

EURUSD only

Yes, the M and W that form but are not at previous accumulation levels are 50/50, maybe worse. Has to be at good accumulation or reaction level for me or I do not take the trade.

EURUSD only

I trade much differently than most here. I have 4 different trading strategies with 4 different accounts (from my yearly planner), 2 are idle now (no signals.) My 2 accounts that had signals were trading against each other for most of the day until ...

EURUSD only

A close above 1.1494 will signal to me that I need to get busy (no longer lower highs)

EURUSD only

Yes, this is bullish short term and I am scalping longs in my scalp account. Look at the W that formed. Also has a sloppy inverse head and shoulders. image That is why I qualified this is long term trade and only 4 conditions to stop out or take ...

EURUSD only

Why are you going short after 6 daily candles down? Looks like you are selling the bottom? Experience! Look at the chart I posted below. image The arrow at the 10:00am candle shows the London movers driving price hard down. This move was to hits ...

EURUSD only

And there it goes It's like ringing the dinner bell image Bucket shops

EURUSD only

Got shorty at 1.1292. .1 lot. I will be adding .1 lot every about 1/2 cent down or every 1 cent up. Stop and t/p are the same 3 events. Expectation change for a rate cut by FOMC, or expectation for a rate hike by ECB, or some time in May TBD. This ...

EURUSD only

Most recent 6 day run was a downtrend at the end of September 2018. Before that, an uptrend in August 2018. Before that, a downtrend in November 2016. It is rare to see these. Just an observation for anyone following my posts as I was looking for an ...

EURUSD only

So This is day 6 without a pause in direction. This does not happen often and when it does, it is meaningful,

EURUSD only

one sees 3 year old drawings, another sees a roadmap. I remember having 3 year olds. They will mimic you, teach him/her good habits.

EURUSD only

It's not often that the trade goes down for 6 days in a row. I expect a bounce today. Not sure if the up move will continue, or even if there will be up day. image

EURUSD only

This week has been a real letdown. I thought I had direction right (long) after recent FOMC and ECB talk but speeches but price action is saying go short. I have a feeling not being in a trade. I stepping down to scalp mode (1-5-15 minute triple ...

EURUSD only

Still no signals for me on the range trade (long) but I am now getting signal for trend trade (short). Ready to trade either way. Have sell orders in, little below 1.1400. No buy orders yet as prices keeps trending down. Waiting

EURUSD only

No trade yet. I am looking for long trade and it is slowing down. But no signal long yet. image

EURUSD only

Ok Thanks. I will look at this system this weekend but honestly I have 2 trend trading systems in place already. I was looking to incorporate this setup into one of my counter trend systems so I probably won't be able to post much for your students.

High Level Accuracy Method With Little To NO Draw-down

Closed shorts but not long yet. I am going to wait and see as numbers for US look weak to me. Maybe something else going on that has not hit the wires yet.

EURUSD only

It should be up on Powell put. Should be nice run to 1.20 between now and May. Expect some slow grind.

EURUSD only

The Jedi knows not of the envelopes indicator. The jedi looks for the bearish engulfing or the bullish engulfing. Patience you must have. Always two there are. The master and the apprentice.

USD/JPY Discussion

Still waiting to buy low. Still holding shorts and waiting to reverse to long side but not full lot(s) anymore. I need money for other pairs that are actually moving so I can pay the bills. image Look at the ATR how low it is. Can't make (or ...

EURUSD only