Pin bar on the Daily with MACD divergence and at near all time lows. Not the best set-up, but good enough to play to the First Trouble Area, IMO.

Silent Service Method

My long on the USDJPY never got triggered. I watched the charts as NFP rolled out, and the USDJPY just tanked, almost down to 85. I canceled all order and wanted to stay out of the mess.

Silent Service Method

Oh yea, there are entire forums dedicated to it, with great insight and articles. One older guy, who actually studies societal shifts on their said if he was forced to guess for Gen X and Gen Y in the USA, for every 5 great men, there is probably 1 ...

james16 Chart Thread

I can't imagine being a man in the USA and even considering marriage here, unless you have a few million dollars. I am 32, good looking, tall, athletic, and I avoid women at all costs, successfully never having a GF, because they cost WAY TOO DAMN ...

james16 Chart Thread

I did some back testing on P/A that formed a few days before NFP. I found that often the next day (before NFP Friday) often we would get a weak day, even an inside bar. Then on NFP Friday it would explode in the direction you had planned. I am ...

Silent Service Method

I put in a Buy Order for the USDJPY Daily Pin bar at 86.50. MACD divergence, near all time lows. I figured it was worth a shot. I messed up not getting in this morning with the 8 hour pin.

Silent Service Method

Adilius07, while it may not be an A+ set-up, it is certainly playable. I think it is a good spot. A lot of trafic, and the pin isn't the largest, so you will want to get to BE ASAP if you trade this. I personally like the USDJPY Daily Pinbar better. ...

james16 Chart Thread

Mike, I am kicking myself for not getting in the USDJPY Long trade this morning. Had a nice looking 8 and 12 hour pin, and I passed on it due to it being against such a strong trend. But we are nearing historic lows, and the BOJ will probably ...

MW's trading journal

Chris, that is an awesome experiement proving that just random entry alone, along with the trend, is not a viable long term solution. As for the EURUSD long, where/when did you get in long? I went long on the IB on the Daily chart of July 28, but I ...

Silent Service Method

Only 8% a month? LMFAO, that would be some amazing returns. Not saying there are not people here already doing that, but if you can average 8% a month returns, you are destroying the average.

james16 Chart Thread

Mike, Thank you for posting your 5 Min charts. You are such a positive and inspirational person. I have been fighting with my pyschology more than anything else, and I think I am finally winning. Lots of self help books, such as Tony Robbins and ...

MW's trading journal

EURUSD Daily IB at 61.8 Fib and 1.3000 BRN — My first trade in a month, wow! Been a slow summer for me, and I missed a few good set-ups on the daily over the last month. I am lucky I even got in this trade, I remembered back to Dan Gilbert ...

T.J.'s Trades

Awesome Chris. I saw the daily pin on the AUDUSD, but didn't like the size and the fact it didn't close below .9000. Now, I can see a sort of Head and Shoulders forming on Gold, but I still cannot see a reason this fell so quickly. Was there a ...

Silent Service Method

Awesome Mike. I read over RyanMCD and Phillip Nel's 5 minute system a few years back. I don't have much time in my life to keep an eye on the charts to trade the 5 minute range, but maybe I can get a feel for it by reading back over this stuff and ...

MW's trading journal

Yep, I have been learning to trade for 3 years. I have learned more about myself, than doing anything else, and it isn't even close. If I never successfully trade and make money, the journy would still be well worth while.

james16 Chart Thread

The size was small. The main reason I passed was all the play around the 1.3 level (could just be reaching the bottom of the area around 1.3 and then back up to it again). Being this is counter the very recent trend, I believed it was too risky. I ...

james16 Chart Thread

It would be interesting to see if the seniors did or did not take this trade, or even anyone else. One person did respond. I felt I offered a nice post to discuss this method. But no one responded, so maybe not.

james16 Chart Thread

LOL, I think my subconcious thinks like this, due to cutting so many winners short over the years. "I can't be right, no way possible, just take the profit and get the hell out before it goes bad"

Silent Service Method

I am over complicating it, it appears. I am by far the most uptight person I know.

Silent Service Method

Ah, the daily pinbar on Friday. Good call. I passed on it, due to the size and the fact it formed on a possible profit taking Friday. But the location was supreme, and often that is the most important thing. Here is a picture of the trade I passed ...

Silent Service Method