Eur/ USd broke retracement trend line. 80 pips in 15 min move. I am waiting for pull back.

Trend Trading All Pairs

Here how I see GBP/USD. Previous retracement line got broken, but there was no follow up. Now second retracement line formed and it got broken, some kind of probably news induceed down spike pull back. News in 2 hours. so, no trading for now. But ...

Trend Trading All Pairs

Ok, support has held and the price already almost reached retracement trend line. I am watching but feeling is it is going to break. Aud/ USd uptrend is showing weakeness especially after rate drop. Aud has had a lot of bad news recently so, it ...

Trend Trading All Pairs

I think if I am not wrong the price should clear 1.3750 level according to this set up: image I wonder, NightMoves, am I right regarding this set up? I mean did I draw it properly?

Trend Trading All Pairs

Daily ATR on GBP/ USD is also exhausted.

Trend Trading All Pairs

I understand now that I need a lot of patience to trade this way.

Trend Trading All Pairs

Admirable patience. i am also watching Eur/ USd and GBP/ USD . GBP/USD made pull back finally on 1H chart, but I do not think it is a good time to enter trade even if it tries to break above 1.5871. Time is not good for this kind of trade. Now I ...

Trend Trading All Pairs

MktScape, thanks for response. Unfortunately it is not answering my question. What I mean, I have set up on 4H, then I go to 1H chart trigger chart and watch retracement contra trend line getting broken, but on 1H chart candles that broke it are all ...

Trend Trading All Pairs

yes, and what is the maximum stop loss we can accept. if pull back- entry distance is 50-60 pips, should we pass the trade? I am sorry to ask so many questions, just I have not see any information related to them in prior posts. Thanks to all

Trend Trading All Pairs

also, should only trades when price retraced to MA30 on main chart taken if it is within 38-61 Fib area and other ignored?

Trend Trading All Pairs

Should I stay away from thos trades when my trigger is on 1 H and I see no finsihed pull back candles on 1H time frame or I still can take trade even if finished pull back candles are on lower time frame? This style requires a lot of patience.

Trend Trading All Pairs

I have been carefully reading this thread from the very start. I am on page 45 right now. What i really cannot understand what we expect as pull back. On what time frame it should happen for us to start looking for entry. For example, i have been ...

Trend Trading All Pairs

You can check page 1, I am following those principles to find s/r areas. At the moment i am working on trade management. Used to close all trades completely but now I am trying to let my trades run and close profits in increments.

No Brainer Trades

Yes, I usually watch 4-1H charts. Anyway, even reliable set ups fails. I entered on retracement to 1.5650 just broken level. It broke below and started using it as resistance again. From what i see on daily time frame I interpret that G/U is in ...

No Brainer Trades

And here is my Eur/ USD plan image

No Brainer Trades

Eur/ Jpy and GBP/JPy are still in downtrend as I see it But I am not that sure. here is my plan for these 2 pairs for next week. image image

No Brainer Trades

Here is my plan for the next week. From what I see on daily and weekly chart GBP/ USD is in up trend and recent drop was a retracement. I do not want to short but would love to go long. I actually bought it twice last week, first at 1.5608 breaout ...

No Brainer Trades

My trading started turning around after I started following BRV method. I am sure Steven helped quite a lot of guys by posting this thread. Best luck to him.

No Brainer Trades

I love this thread. it is actually easier to understand for newbies than say James16's thread. both are excellent threads and this one although not as big as James16's but equally good.

No Brainer Trades

The most important E/U is not in down trend. it is a ranging market now. I am waiting to see another reaction at 1.2665-1.2658

No Brainer Trades