No go on the AJ, time to wait for the next setup.

Buy sell line trading

Most helpful and insightful, thanks California. Here is one to keep an eye on this morning, price has made a double top at the resistance level above, a break through here could potentially be powerful and signal a resumption of the daily uptrend. I ...

Buy sell line trading

Sure pipfirst, Check out the first post by 60MM, specifically the "ALTERNATE SIGNAL CANDLE", also check out the webinars that have been kindly uploaded recently, they should help make things pretty clear. MA is the 50SMA also as per the first post. ...

Buy sell line trading

Trade Updates — Closed EJ at breakeven, did reach 1:1 at best. Still in eurgbp, currently at 1:1 at .7984, strong support here, will wait to see if it can test it again. Regards.

Buy sell line trading

EJ Trade — Have also taken EJ short trade, T2 as per below. Regards.

Buy sell line trading

Thanks Mannai70, just following the rules ! Another trade ready to go, short eurgbp T2 entry, lets see where this gets to. Regards.

Buy sell line trading

EJ Closed — Out of the EJ at 98.80 for 2.8:1, it might well go further but I am happy to exit here. These T2 entries are really starting to grow on me, thanks again MM. Regards.

Buy sell line trading

EJ Update — Have reached the 2:1 level at 98.89, but keeping open as this was strong support level that is now broken, stop is now at b/e.

Buy sell line trading

EJ Trade — Short at 99.18.

Buy sell line trading

EURJPY Setup — T2 setup on EURJPY, will short on a break below signal bar low.

Buy sell line trading

Not at the moment, I stick to the 50MA rule to dictate the direction to trade in. Have not looked to closely at CT trades as of yet, is something to monitor going forward. That last AUD T2 entry reached 2:1 without much difficulty. Regards.

Buy sell line trading

Mannai, Very good point, in all honesty I dont think I would have managed to maximise the profit in this trade, may possibly have exited at 2:1 level. This is something I need to test more, would be interested to hear if anyone has a better approach ...

Buy sell line trading

Trade Entry — Hi Mannai, You are perfectly correct, that was indeed a valid entry and a very good one too. Need to sharpen my eyes a bit !! Regards.

Buy sell line trading

AUD Trade — Closed at 9977 for just over 2:1, would have let some of it run but have to go out. If anyone likes the longer timeframes check out the weekly AUD chart ! Regards.

Buy sell line trading

AUD Short — T2 short entry on the AUD M15.

Buy sell line trading

Update — Closed cable at b/e, had the chance to take it off at 2:1+ but elected not to because of the EB on the 1hr.

Buy sell line trading

Worked out very nicely for 2:1. Not sure that I see the earlier T2 entry on the chart ?? Thanks.

Buy sell line trading

Update — Closed eurusd at 1.2478 for 2:1, cable approaching the 2:1 also. However, leaving this open as the 1hr has completed an EB and the low of the bar has been breached at 1.5541. If we had used the 50% of the signal bar as the stop level ...

Buy sell line trading

M15 entries — Not much opportunity on the 1hr so far this morning, couple of T2 entries on the M15 though. Will update on the results later. Regards.

Buy sell line trading

AUDJPY Closed — AUDJPY closed at 80.58 for 15 tick loss, will be interesting to see if the high of the signal bar at 80.65 remains intact, all part of the forward testing. Stop behind the bar high at 85.70 would have been taken out too, the ...

Buy sell line trading