Really interesting. Do you know how that type of strategy works over the longer term? I mean, does that symmetry type stuff show up a lot and happen the way you think it will? Looks interesting. I've never seen that type of geometry before applied ...

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Good stuff mate Let the green pips roll

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What sort of method do you use? Are you longer term trader or day trader? Trend follower? btw, welcome to forex factory

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I am short entry=4177 stop loss=4205 take profit=4152 May have to adjust the t/p level if price moves in my desired direction.

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you could be right...I have no idea where price will go, lol--I can't predict the future

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if it goes under the 4120 then it will probably go to the 4100 or lower level. But yeah, I'm just saying that I expect a bounce at around the 4120 level.

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we'll probably see a bounce at 4120 or before....but if it breaches the 20 then...

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well I've been stopped out edit: I did learn something from this so it isn't too bad at all for me

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I am Long Entry=4186 Stop Loss=4148 Take Profit=4218 As usual, I have have to adjust t/p depending on how I see price move, if it moves in my desired direction.

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nice

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Trade worked out nice. +32pips

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lol

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well yeah, you say that this is about business and work and that if you can be consistently profitable you will buy her stuff and take her for a trip around the world etc etc. Ask her to imagine what it would be like to travel the world in luxury. ...

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hey dude. I have some ideas. Switch on Bloomberg and CNBC during the day and when you trade and try to look at it seriously (even though you won't trade based on their information). But do it because there are lots of important looking people in ...

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I am currently going short. entry=4284 stop loss=4325 take profit=4252 I may have to adjust the t/p depending on how i see price moving--that is IF it moves in my desired direction. I wanted to enter the trade higher than 4284 but was a little late ...

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Did you change your strategy to a scalping method recently? I thought that you used to trade more longer term type strategies?

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I've just taken profit now at +34pips. I was thinking of waiting longer and I still think it will hit the 4237 t/p level but I didn't want to hang around for the 'new home sales' news, so I figured I'd get out now

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I'm currently short using my method. entry=4283 stop loss=4324 take profit=4237 I may have to adjust the take profit depending on how price moves if it goes in my desired direction. If I get stopped out then I get stopped out. edit: I changed the ...

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It's a hard thing, I know. I struggle with it at the moment as well. But we need to remember that this is a game of speculation and not something that you do like a 9-5 job. Just because we watch the market every day doesn't mean we have to take ...

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Very true, and that's exactly what I was thinking. I do have a time element thing that I look at as well and it too was doing what I expected, so that plus the pivot point gave me confidnece that it would move down--although I didn't know how far ...

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