I guess if you figure the last high was October 15th, then a breakout outside range seems expected.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

I still show price wayyyyyy out of bounds, so keeping stop tight.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

GBP news appears to be no news concerning rates, if I read it correct. Doesn't seem to have effect on EUR, other than pushing down USD.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Concur no longer 30M breakout. Now 1Hr breakout

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Still showing breakout, so holding

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Good trade

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Did you mean stop at 654? not 554?

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

GBP just took off!

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Still very high above the ground. A retrace seems likely, or a flat zone. Above the high limits, so anticipate a reset, but likely to be weak.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

It is only a 30M breakout right now, so there might be a reverse opportunity at some point, however the strength is 6.4 to 2.4. Big mismatch.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

It would MOST LIKELY need to consolidate before it would fall. It is beyond the range at the moment, so needs to go straight to hit decision points of whether to keep going up, or go down.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

That makes sense for s/r line traders who are scalping. Since I do not do that, I will not be one of the 10. Been in swing HIGH for a little over 4 hours now.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

CAD just jumped to the new sheriff

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Two high impact USD news releases for NY +30mins, so perhaps then?

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Hate all the waiting around on continuation trades, but on the positive side it means the house I am thinking of buying in Europe is getting cheaper by the hour GBP news coming. Want to stick with EUR or do some GBP?

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

You are welcome and thanks. Do your thing

Another simple system - Time-Frame 15

Not a problem. There is nothing wrong with innovation. You are smart to maintain an income stream while you explore alternatives. Good Luck.

Another simple system - Time-Frame 15

I am not part of your thread. I do not know your strategy. I was browsing FF, saw your post, and it didn't make sense to me. That is all. Since there is no compounding interest in trading Forex, you compound by increasing lot size, increasing ...

Another simple system - Time-Frame 15

Hmm. A few things. First, I saw you post that you were having success, but wanted to use a different method to expand profit. So, that makes no sense to me. Secondly, I am not attacking you. That is nuts. I have a business mentality and expansion is ...

Another simple system - Time-Frame 15

No response from the OP in 12 days, so was it just whining? Which half of your trade is flawed? The entry or the exit? Start there.

What happens when you have a flawed trading system