Thank you for sharing your opinion with me. However, what i fail to wrap my head around is how one defines risk or low probability trade. So if you and I are using two different systems wouldn't the probability of success or failure be different ...

EURUSD only

It would be a stretch to say the price will come back down. We have alresdy seen 3 weekend gaps by EU the last 5 !Months have passed which have yet to fill the gap. Imagine a trader who keeps adding to his lost or in your case, waiting for the price ...

EURUSD only

Would it be safe to say that refining your entry for counter Trend trading woulf be the best solution?

EURUSD only

Would you agree that 1.20817 & 1.20890 are resistance for EU ?

EURUSD only

good morning. Why is it not recommended?

EURUSD only

Would you please define risk rate? I ask because the word risk seems to be used loosely and almost like a boogieman to scare people away from taking a position.

What was your "holy grail"?

I saw an article once which caused me to start my "holy grail" journey. However, what we fail to realize that our bais or the system we use is exactly the dynamics that goes against price action. I would think the grail would start with the lower ...

What was your "holy grail"?

Alot of cup and handles formations. image I was able to enter into the long before the breakout.

EURUSD only

Hello everyone. Have a look at the following teade and tell me where the 1,2,3 connection are. image

Predicting the bottom of the "Cup and Handle formation"

The price action leading up the London open appeard to have been the top. To think that it didn't look like it would drop at all. However, not only did the price drop but it turned out to be a very nice !ove down. Yen has been doing very well the ...

Dragon or Snake - GU, UJ, GJ, EU, EJ

Hats off to you. Nice call. Have you taken profit?

EURUSD only

It works with any pair on any time frame. If you want higher frequency then lower the tf. More pips increase it. However, the rules never change. We still have ALOT of work to do. Including a bit of coding. The alot of work deals with variations of ...

Predicting the bottom of the "Cup and Handle formation"

Look here to see how after the tp was hit how we had yet another cup and handle formation on the same tf. image

Predicting the bottom of the "Cup and Handle formation"

Let us take a look at the setup described yesterday during today's price action. image Notice here we have number 1 representing the start of the left side of the cup. Here our baseline is the low of the first candle to close at or below the lower ...

Predicting the bottom of the "Cup and Handle formation"

For right now focus on using those rules on any Time frame. However, depending on how the candles trade at the left side of the cup will determine how your stop loss is honored. Examlple. In the picture you notice that no candle closed at or bekow ...

Predicting the bottom of the "Cup and Handle formation"

Which is why i recommeded fxblue in which it creates a leaderboard of all the live accounts. I am not sure if the O.P. Would be interested im doing so.

Verbal diarrhea matches trading skills?

Here is what we are going to look for as this illustration shows "an inverted cup and handle" image We highlight the number 1 as it represents the crossing over of the two MA lines given. We then allow the currency to make whatever move it will ...

Predicting the bottom of the "Cup and Handle formation"

Let us get started. First you will simply need two moving averages. Period: 20 MA method: Simple Apply to: close Color: Red And Period: 10 MA method: Simple Apply to: close Color: Green

Predicting the bottom of the "Cup and Handle formation"