I'm thinking it could take off north within the hour. He has enough sellers trapped by now. It's a cat and mouse game now.

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I look for it to move north soon.

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Thanks, but I'm not great. Just a steady trader. Good night all.

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When the scales weigh 74 % sellers and 25 % buyers. The market maker will go after the larger herd 9 out of 10 times. He makes more profit. Always be on the side of the smaller herd.

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I went ahead and bought GBP/JPY at 152.360 Why now ? because sentiment tells me buyers are 25.6 % Sellers are 74.4 %

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GBP/JPY 4 hour chart. Okay here's why I said that I can see GBP/JPY drop to 151.860. Look to the left, I see Wednesday and Thursday buyers are still in profit. The market maker has already made his move heading south now. I think those Wednesday and ...

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I do prefer the 1 hour and 4 hour charts to trade with. I do look at the daily and weekly for more conformation before I enter a trade, and I always look at sentiment. (fxblue.com) before I pull the trigger. On the GBP/JPY pair I can see it dropping ...

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You're welcome Mistdraw28

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For all you traders out there around the world that want to learn how to trade forex. Please look at this chart, and see the entries and exits. Let this burn into your mind. This is 99.9% perfect. This is the best I have ever seen. You want to learn ...

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Excellent, I'm glad to hear that. We have to learn something new everyday, or we regress and end up treading water.

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Here2there, Thank you for the heiken ashi indicator post. Hopefully everyone uses it.

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Hello Mistdraw28, By looking at this chart, If you can trade like this on every pair your going to have money to burn. I mean that. I can tell that you are already almost perfect. Your entries are really really good. Your exit's really good too. ...

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You're welcome Mistdraw28. I think the Heiken Ashi will help you see the change of direction. Here is the Ichimoku indicator, I believe the Ten-Kansen and Kijun-sen is inside the Ichimoku.

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GBP/JPY daily chart. I look for this pair to drop, maybe 200-300 pips. You can see the developed Batman ears on the daily chart. It's a slippery slope.

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Here's something that I want to stress to all that trade for a living. When you are in a trade and you no the direction. The trade is going well. Your in profit territory, and you start thinking should I take my profit ? hell yes take that profit ...

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My system isn't perfect, but I think it's a safe system on the 1 hour and 4 hour charts using the majors. You can make your trades and close them and you'll sleep better. Traders need sleep, very important. The brain needs rest.

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Correct I also use the Ten-Kansen and Kijun-sen. I think you have everything covered. I would also mention that I only trade the major currencies. The reason for this is volume, we need volume to trade. Without volume we would become stuck in ...

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AUD/USD 1 hour chart. I will be a buyer, I'm looking for AUD/USD to drop down to about .73300 then after that move higher. I don't see the price going any lower because a suspect the market maker has sellers trapped below. The reason I think the ...

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That is the Donchian Channel, it helps with conformation. You can't have enough conformation in this business. Here it is below.

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NZD/USD 1 hour chart. When the Williams % R crosses above the 20 ma I will be a buyer. I'm looking for this move north to exhaust it self around .70700

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