Example of using an alternative to channel on 15 min. Should work well. Again, not sure about the 2 bars for pull-back on the 5min entry. d

Price Action Observations

Thanks Skynet. That makes sense. That only part I do not understand is the importance of the requirement for the pull-back being at least two bars. Yes, a live set up would be great to look at. In the same way that you use the channel on the 15min, ...

Price Action Observations

Hi findcount, I trade US futures using optionsxpress. It's there java web charts. As far as web charts go, they are good. I have seen some people in FF showing dollar index on MetaTrader. I am not sure what MT br0k3r platforms have dollar index but ...

Trading with Deadly Accuracy

Possible, though I think further breaks north on the Euro would be the market participants buying on exuberance. Lets see what happens. I think we could get a small push up, followed by a stall, then a fall. d

Trading with Deadly Accuracy

Will the sellers be punished?

Trading with Deadly Accuracy

AUDCAD.. sexy lines.

Trading with Deadly Accuracy

That AUD chart has me thinking... we might be good for another long on kiwi, from the trend line and s/r.

Trading with Deadly Accuracy

I really like the 'over throw' technique Will uses for entries as well. Very sturdy for precise entries. Often freakishly pip perfect.

Trading with Deadly Accuracy

Hi Jay, This was a nice trade, using the 3rd touch of the underside on the hourly. Classic Wmd. You also had the 1st touch of the underside of the daily as well. Nice confluence. I do notice we potentially have that mega phone thing happening on the ...

Trading with Deadly Accuracy

How do these slip through the cracks...

Trading with Deadly Accuracy

While on the topic of dollar index. I have found it useful to follow. For example, short on Cable and Long on CAD was partly based on the idea of dollar strength. However, entries are always a Wmd entry technique... for the precision and the timing. ...

Trading with Deadly Accuracy

Euro. Up or Down? I have no idea. But, I do have a (Wmd style) plan for both options, so I am not fussed. Story for up? Trend Story for down? Dollar Strength (including taking a long on the index) d

Trading with Deadly Accuracy

Euro. Decision time... d

Trading with Deadly Accuracy

(edit.... I just saw the post above...) Hi needtolearn, I wanted to make sure I had my facts right, so I went back and checked my notes. I have point F wrong. Point F should be on the 12 of June, that's earlier than what I show above. Here are my ...

Trading with Deadly Accuracy

and look at what happened..... the monday range is important

Price Action Observations

Below is the picture that was posted. The reason is pretty clear (TL retest and S/R flip). However in saying that, credit should really be given where credit due. Althoug the up move was pretty clear to me, Will has been pointing out how EURGBP will ...

Trading with Deadly Accuracy

Roger, Also start observing the Monday open as well - as already discussed. As you can see in the previous pictures, I mark off the Monday open price for the last current week. You want to go with the market flow. On up days, you want to (have a ...

Price Action Observations

Roger, Monday range high broken. I have marked the Monday range for the last two weeks. Look at what happens when price breaks out and breaks into the Monday range. This happens on every pair, over and over. Of course, the market will not behave the ...

Price Action Observations

Yes Roger, while the conditions are met, bias is long. Break below month open, monday high, trend line and s/r level would mean stand aside (unless something special catches your eye).

Price Action Observations

CAD — Hi R, Above, you asked about the Monday range and I gave you an answer. I also mentioned the monthly open and the daily open. CAD right now provides a good example to place a picture on the words. Pic 1 A: In this region, the CAD ...

Price Action Observations