That's an interesting read! I do agree with GS on this one. Even though our reasoning is different, I agree with the end result. But unlike them I'm also sharing the direction that I believe the market will go no matter what news comes out today ...

Jay's High Probability Setups

Hey Superwolf, Thanks for your positive message. I sure hope to keep this running, I'm working on optimizing things on a continuous basis. Towards the start of the new year I will have something great & complete to share here that will make so many ...

Jay's High Probability Setups

Thanks Tnavi for you continuous support Fell free to share your market view around here at any time

Jay's High Probability Setups

Here's a recommendation for whoever reads this and is planning on buying into the recent GBP strength wave: I've been probably the most bearish person on GBP and I've been vocal about it since early July. On August 16th, I got out of all my short ...

Jay's High Probability Setups

As I explained before, I don't put time limits to my medium term trend trades. I let the market do its thing on its own time, and she always end up coming to my targets like a good girls This time, the signal is so strong that I expect the ...

Jay's High Probability Setups

Hope everyone's ready for the next wave of JPY strength. This is going to be good Targets for CADJPY & NZDJPY remain the same (we were just few pips away from the targets last time around, and the market decided to give an extra opportunity for ...

Jay's High Probability Setups

Hey HMSR, First, regarding the statement you mentioned (in green): I don't know where you got the 80% figure from. There are thousands upon thousands of settings based on different permutations of TFs, H values, and K vales. Each one yields a ...

Jay's High Probability Setups

Pretty interesting thread you've got going on here Despite the positives arising from a thread like this one, I couldn't but notice the same thing that a couple of members have already mentioned (here & here). It's weird that after 9 years of ...

Reality of FOREX: my experience with brokers + share yours

Thanks Rcubic for the positive support, I hope I'm being able to help in some way or another. As I've always stated, if you believe in your setups, just relax and let the market come to you. It's just a matter of time, whether it's hours, days, ...

Jay's High Probability Setups

This was/still is an extremely rewarding setup too, but unlike the GBP / CHF setups, this one didn't take long.

Jay's High Probability Setups

USDJPY at 100.50 as a first step DONE GBPJPY below 130 DONE NZDJPY at 72 - Today's low is 72.50, and we're currently trading at 72.65, so 65 more pips to go CADJPY below 77 - Today's low is 77.60, and we're currently trading at 77.85, so 85 more ...

Jay's High Probability Setups

Mission accomplished! This was one extremely rewarding setup. A bit slow, but perfectly profitable. Out of all GBP & CHF trades. The setup is over. Only still holding a small USDCHF position targeting 0.9595.

Jay's High Probability Setups

The next big high probability trade opportunities will be in JPY. A big JPY strength wave is just around the corner. I see: USDJPY at 100.50 as a first step (will reassess further downside once 100.50 is hit) GBPJPY below 130 NZDJPY at 72 CADJPY ...

Jay's High Probability Setups

Hey Hmsr, Yes I still do use these probabilities, and I don't believe I would ever stop doing so. They have become an innate part of every system I am using, whether it is longer term trend trading or short term anti-trend scalps/trades. Best, Jay

Jay's High Probability Setups

Seems that history did repeat itself indeed. The above post was posted on July 13th. We had retests of the highs on the 2 following days, but as you can see these were brief quick attempts. And as expected (& highly awaited) we have been drifting ...

Jay's High Probability Setups

Hey Zelo, This looks quite interesting. I've always been a supporter of Indices that are based on correlations / interlinking. I didn't see the Indexes that are on the above screenshots publicly available for me to test. As a general view, I do ...

Jay's High Probability Setups

The scenario I thought will play out for GBP weakness was the rate cut / stimulus program, but apparently the BOE decided to push that till next month. I'm trying to figure out what may be the trigger for GBP weakness now, given that the rates ...

Jay's High Probability Setups

The demo test went bust sooner than I hoped for. The max balance achieved was $102,000 & highest equity reached was $88,000. So basically the account went from 10K to 88K (780%) in a little less than a month & a half before crashing and going bust ...

Jay's High Probability Setups

It was a matter of when. I was hoping though that it would go higher before going bust, but we don't always get what we hope for

Jay's High Probability Setups

The next big project I have in mind is to try to turn an extremely small account into a large account with just a few trades. Example: turning a $100 into $100,000 in just 10 trades. This is a concept that many have discussed, but to my knowledge ...

Jay's High Probability Setups