USDCAD — Spotted H1 swing low BUOB on edge of TL. Seems like it should be retracing to atleast 50% Fib/365 ema/hist resistance 1.02.

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USDCAD — USD/CAD heading for nice consolidation around the 1.02 level. Should get interesting in a few days.

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USDCAD — Could we be looking at a trend breakout here? (2 matching lows) What worries me is that the DBLHC closed above the .9600 level. But still it could be caught on the 23.6/38.2 retracement both lying on trouble areas. comments?

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Thanks for the advice supreme. Yes I am comfortable with what I do, but the 30% loss rate is still not good enough for me. i need to tweak my style a bit and I think ill take your advice to consider trading higher time frames more often. I'm going ...

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So I end my first month (22 working days) with a total of 62 trades, win-to-loss ratio 70:30. 12 percent up. All trades based on intraday PA, indicators and chart patterns. Avg. pips per trade around 30 to 40. I think I might be ...

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By bars 1, 2 and 3 i mean starting from the left bar (1), the inside bar (2) and the breakout bar (3). Thanks guys the links help. Appreciate it.

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IB — Hi All, For it to be a valid IB, does the open/close of the third bar have to break the highs/lows of the first and second or does it only have to break the open/close of the first and second just as long as its own high/low are greater ...

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Euro — So it seems that euro has taken the tumble due to ECB keeping key interest rate unchanged during the month. However, it intends to provoke inflation with this move, due to deflationary pressures from the Greek debt solvency issue, and ...

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Agreed. The PA's at swing high and lows are of lowest risk and usually the best setups. However I am trying to learn to understand ranging markets as well to see how price is reacting to such setups when certain indicators Like RSI, Stochastics, ...

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USDCAD — Sorry about that gunggriffin. I have attached the chart. Yours looks a bit different than mine. Time zones maybe? -HW

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FTA — If you guys don't mind me asking a very silly question, which of course is not silly to me, what does FTA refer to? Also H4 USDCAD has a BEOB with the nose through PPZ .9800+. Divergence as well. -HW

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EUR mayhem — Hi All, Is this first chart of any interest to anyone. Apologies of I missed this on any previous post. I'm thinking that if it breaks this PPZ, possibility of a trend change perhaps? In the second chart, I entered with the close ...

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USDCHF — Hi guys, Im Watching the 1 hour usd/chf. Any thoughts, given that the pin manages to form? -H

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Thoughts? — Divergence signal. Pin Bar, however in a congested area but testing daily resistance .979. Premature Triangle breakout signal. All combined within mild confluence. I might be completely wrong. Be critical as a baby is to it's ...

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Simplicity — I started s**t a couple months ago. Being a researcher for JPM, I thought fundamentals and micro-technicals' were everything. Then I read Jim, randomly as he popped up in a Google search. Spent a month reading this thread and ...

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