USDCHF Fib 50 level high march, low april is worth paying attention too also already overbougth on my bands.

$ Millionaire Traders Golden Price Mining

Yes it is very nice when it happens . New opportunity for short now at fib 38.2 level last leg 4H . Nice confluence with triple bottom from April .

$ Millionaire Traders Golden Price Mining

Took 75 pips on this countertrend trade. R:R 1:2 so it is nice.

$ Millionaire Traders Golden Price Mining

GBPAUD Level to watch fib 50 weekly , oversold . Macd Divergence 4H. Possible double bottom. Next level is the fib 61.8 that is even better ( Not marked in attached chart. ) @Disker23 The forex market is a big dark pool market . If you can see the ...

$ Millionaire Traders Golden Price Mining

Seems like that can be a successful trade. You took entry based on the trendline and 76.4 and also based on London close ( Took timing in consideration? ) Curious how you took entry, lower TF, lower highs on lower tf ( I see them on my 89 ...

$ Millionaire Traders Golden Price Mining

Great. Must the Golden level line be named something special? I could not find any instructions. Wieved the mql file and if I understand correctly level should be named Pipalert?

$ Millionaire Traders Golden Price Mining

Hi Quinton and traders Look what happened with eurusd . To the pip for 123.6 fib extension . IME fib extensions is good levels for targets but more risky for countertrend ( depending on the reason it reach the level, news or just normal movement ++ ...

$ Millionaire Traders Golden Price Mining

ATM I am flat and neutral. I will not take countertrend ( long ) from this level before it makes HH HL and new HH then I will consider longs ( if it not bounce some golden level again .

$ Millionaire Traders Golden Price Mining

Nope . Taken out. It is ok. R:R is good for all trades I take and I do not expect statistical to win all off them even if that would have been nice . If I manage 50% win rate with R:R 1:2 it is excellent imo.

$ Millionaire Traders Golden Price Mining

Thank you for the PM. Yes I was thinking about the way the fibs was drawn on 4H chart. IMO fibs works because it is commonly used in trading and the levels becomes like self fulfilling prophecy because the traders see the same levels as S/R . I ...

$ Millionaire Traders Golden Price Mining

USDJPY Short open again. I was taking the golden levels from the thread here. Think it was Quinton posting them. I have not been writing what they are and has forgotten. But that they are on my charts shows that I liked the analysis done and has now ...

$ Millionaire Traders Golden Price Mining

Good morning traders. EURUSD and Cable Protected my trades and taken out at trailstops just before the nice moves. It is ok to . Irritating of course but I got some pips and my entries was taken risking only a few pips . Has for now changed the tik ...

Ratios & Harmonics: a Different Way to Trade

Thank you . More mining to come .

$ Millionaire Traders Golden Price Mining

AUDUSD I also find it difficult to find the previous post for some instruments. No search function for the specific thread that I know about for Forexfactory. But as you do to start the body of the text with the instruments name makes it easier to ...

$ Millionaire Traders Golden Price Mining

Got one trade countertrend last week. No trading the level bearish. ( It was extending the level but I took it). got appr 1:2 Risk Reward for both trades. Hope other was getting this ones too.

$ Millionaire Traders Golden Price Mining

Take the rest off the day off. Loosers happens. ( I trade a different way then you guys so I take losers all the time but they are mostly small compared to my winners so I am maybe more used to the losing trades, Anyway I only need 1 winner to take ...

PVSRA Scalping with Cigarguy

I was in to the short. But to nervous in the morning and took it out ( it was running in parallel with the cable so I had double risk ) . Got an nice countertrend on Eur/usd now . Risk was 7.5 pips and got 15.7 pips so close to 2:1 . Happy with ...

Ratios & Harmonics: a Different Way to Trade

Good morning traders. Cable short at Frankfurt open taken with morning coffee before I will prepare for my travel. Still trading inside the 1H wedge. Services PMI in 1 1/2 hour is normally moving cable strongly so will probably get out of range up ...

Ratios & Harmonics: a Different Way to Trade

Thank you .

Ratios & Harmonics: a Different Way to Trade

If you get many enough BE with +5 pips it becomes pips from that too . I got some losses before I understood cable ( and eurusd) is ranging inside an wedge on 1H TF. Pitty I didnt see before. Much more difficult to get pips in ranging market then ...

Ratios & Harmonics: a Different Way to Trade