Nice system. I use engulfing candles often but I like this 3 candle variation as it makes sense. Something to explore this weekend. I see this system and when I see it embedded in the W on this chart, I am very excited to test it. image

High Level Accuracy Method With Little To NO Draw-down

I am good, just need to close out and wait for NFP. Dragonfly or hanging man on monthly. buy low, sell high Edit - I predicted I would get over confident in a post last week. Strange - like a moth to flame, our primal instincts still come to haunt ...

EURUSD only

I am average short from 1.1387 and have been wrong since 1.1348 so I have missed a lot of this move. I did not lose much money because of small size. But I missed big on opportunity in build long position and bank this move up. I got hung up on ...

EURUSD only

Sorry Tech, just saw this - FF did not log this as quote. It's important to do trading plan and year in review analysis. As example, May 2018 was fantastic for me as I knew to short EURUSD from monthly cycles. And I had it written in my trading ...

EURUSD only

Still short but took half of position off. I actually had a straddle today for FOMC and the buy orders got triggered. I completely forgot about NFP and would be carrying large position into the day I don't trade so was for the best. Anyway we are ...

EURUSD only

I have soft stops at 1.1485 and 1.1525 (My soft stop is an evaluation area where I may close if I don't like price action) . Hard stop above 1.1560. First targets in the 1.1311 area.

EURUSD only

Trading around the 50% of recent swings. Could go either way? I am still holding shorts in this pair. image

EURUSD only

image Same area as last night so not looking for much movement. up, down, or across. Ready 5

EURUSD only

Still holding short - average 1.1379. I have soft stops at 1.1485 and 1.1525. Hard stop above 1.1560. First targets in the 1.1311 area. Fundamentals are not good as there is overflow buying of EURUSD from Brexit. Technically, we are still range ...

EURUSD only

Moty, The moves make sense. Yesterday move down - Draghi's presser and his dovish tone. Today's move up - weekend covering by the mover's (gravity). One look at your chart can see the oscillators overbought so next move is where? Down if we are ...

EURUSD only

Done for the day. After doing my weekly analysis (a day early) I came to same conclusion I had earlier. This is covering by the movers from yesterdays plunge. image A quick look at sentiment and retail appears to be heavy long so I feel safe with ...

EURUSD only

[quote=Dingoman-two;11927436] Ah yes. Shirley Hudson, I could not remember the name. Anyway, not looking good as 1.1410 area is it the cross hairs now. It's not a hard stop for me as it's not a swing high. But it is an area I may want to consider ...

EURUSD only

I am ok being uncomfortable. My view of markets says range trade and buying lows/selling highs is against prevailing move. Always uncomfortable

EURUSD only

[quote=engweijie;11927230] There is a strategy called the London Close. It's based on ADR and after ADR exceeds the average, you go against the direction into the London close.

EURUSD only

I'm seeing same as Moty right now but different reason. This looks like movers shaking the trees for weak shorts before for weekend close and reacting to the rumored end of govt shutdown. I am often wrong but that's my view today just like that ...

EURUSD only

Will add at 1.1377 and stop above 1.1410 for today if seen. TP and reverse in same 1.1310 area

EURUSD only

I manually closed and reversed at 1.1348. Now short .3 lots.

EURUSD only

Covered shorts and now long again at 1.1311. Looking for 1.1360 or end of week to go short again. image

EURUSD only

Super lucky today. I think I am going to buy a lotto ticket. Had a close and reverse on my short at 1.1311 and then I manually closed and reverse again for short at 1.1362, right where I started 2 days ago. This is first real trading week for me ...

EURUSD only

I did the same. No reason not to squeeze some pips out of this before ECB tomorrow. Right after I closed shorts, it went up 30 pips. I'll sell back in when trade wants to give me better position in range bound trade

EURUSD only