This system works ok in trending conditions. When range comes it will hurt. I do not trust anyone who sells systems or webinars. No one of them showed their real trading and how they are doing. I traded this system in from October 2010 to the end of ...

Trend Trading All Pairs

How many hours have you spent watching charts and trading? Day trading is ok when you are ready. For beginning I would not advise to trade form 5 min let along 1 min. Watching higher time frames and then acting on lower time frames is a different ...

Jacko's Forex House of Pleasure and Pain

I have no idea what you mean and where did you get it. I lost no motivation and I do not need back testing at this stage. I am trading in the moment and after clocking as many hours as I have done it slowly starting paying off. what I meant is that ...

Trend Trading All Pairs

well, reading what I was doing makes me think how stupid I was looking for trading methods from others and doing something i was not supposed to do.

Trend Trading All Pairs

Absolutely crazy. It looks like the world is moving into some kind of crisis state. Middle East, now Far East.

Psych Levels, Pivots, and Trendlines - Resurrected

I noticed that people moved to 5 min charts for triggers. I guess the reason is narrow daily range.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi, Islander, I have not seen your old thread could you give the link? The only problem I see is that it is preferably to look for things that are obvious and everything see them. But as per your results you must be onto something

Psych Levels, Pivots, and Trendlines - Resurrected

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Psych Levels, Pivots, and Trendlines - Resurrected

EV, Hi, Could you explain this 2B thing? what does 2b mean? I see bearish formation but why everyone calls it 2b?

Psych Levels, Pivots, and Trendlines - Resurrected

That's pretty interesting way to draw fibs. i have seen few and all different.

Psych Levels, Pivots, and Trendlines - Resurrected

At that place I would not take it either. Too dangerous in my opinion. But there were two opportunities to go short below just above daily open and then below where consolidation was broken in both cases south. BTW, EV, these entries would be your ...

Psych Levels, Pivots, and Trendlines - Resurrected

Tried to short E/J at 114.75 but platform showed some kind of error. was late while reloading. I was also waiting for e/j to bounce from 114.50 which being support also is 50.00 fib retracement of previous up wave. it did and with good 15 min ...

Psych Levels, Pivots, and Trendlines - Resurrected

During break took this one. it was after 12:00 I guess. I do not think this trade was a proper one for few reasons. 1. I was thinking it was breaking through sloping trend line on 5-15 min but on second thought it was not the obvious one to get ...

Psych Levels, Pivots, and Trendlines - Resurrected

I think GU is developing good long opportunity depending upon price action. I would not short it anyway. it is hitting major support area along with fib retracement. gotta go.

Psych Levels, Pivots, and Trendlines - Resurrected

EJ 15 min trend line got broken to downside but I saw that daily PP and area of interest to the left were too close to go short. waited for PP to be hit and watched. entered long but price spiked lower than previous low, I closed trade at 12-15 pips ...

Psych Levels, Pivots, and Trendlines - Resurrected

This one is excellent looking set up. I did not notice it. You went against the trend but I see it really was a bearish flag after failure to break round number. You are a pip machine man

Psych Levels, Pivots, and Trendlines - Resurrected

I was watching this set up too during break, but thought that ATR is not enough and did not pull the trigger. well done! I actually do not like to trade New York especially after London closes. Always timid at this time.

Psych Levels, Pivots, and Trendlines - Resurrected

Yeah, unfortunately, start getting ready at 5:30 a.m. EST and leave at 6:00. Market seems to be very timid during London open not like before. It looks like warming up just by the time I am leaving.

Psych Levels, Pivots, and Trendlines - Resurrected

EV, I was watching it too, but time limit . I do not enter trades this time as I am leaving Picked few pips earlier on E/J when it broke above open price. target was pivot point but after it bounced down from 113.00 i quickly closed the trade for ...

Psych Levels, Pivots, and Trendlines - Resurrected

entered long after EU hit daily PP and got confirmation on 5 min. Thought also that momentum will carry EJ to 114.00 surrounding after breaking trend line but it did not. closed for -5 pips before news than reentered again thinking of momentum, but ...

Psych Levels, Pivots, and Trendlines - Resurrected