Yeah I mean ideally yes, but there's so much resistance up here its going to be extremely hard. What I WANT to happen is a push right up through to the 1.3200 area, but that's going to be extremely difficult to say the least. My best bet at this ...

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Up about +20 at most so far with some unwanted drawdown but, oh the woes of trading. I'm just hanging in there for the time being.

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That area is also the 618 retracement of this last move. I'm already in, executed at 1.2987 with a stop below your area here, so we'll see. Hopefully start off the week with something decent. Or not. We'll see. Just one of many.

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Its just one way of doing it but yes. You could use average true ranges, I suppose that are pair contingent, but the most important thing I would say is to make sure that your risk reward always remains the same, and never changes.

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FYI If by any chance this hits today I'm not going in on it or going to count it- I'm pretty much done for the day here personally fyi.

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Hi again - by the way the boldface wasnt directed at you I hope I didnt come off as an a$$hole , but my best recommendation is a short answer: Pick the major, major areas that serve as turning points OR a good area for trend continuation plays, ...

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Agreed-that IS a good one I use it often.

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Good point.

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I mean usually once a day something will get hit, and yes I've used limit orders from time to time. I just set price alerts, mainly, observe whats going on, and make my judgements from there pretty much. Because once you put on the trade you're ...

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Hi, hard for me to answer because I usually only start to notice them when other people point them out! Theyre just not something I look at too regularly. If anything just look for as much symmetry as possible, where the fall is equal to the ...

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Someone asked and I fixed it but the retracement level on here was supposed to be .764. All fixed now. Gotta stop planning trades drunk. I tell you it'll get me one day.

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If I'm seeing what you're seeing neckline was broken somewhere in the 1.4848 area. That was also a great resistance point when price originally retraced from 1.4787..... textbook move. It comes up and uses the bottom on the last wave, not the ones ...

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Oh, just a general statement based on any overbought/oversold indicators. You could use pretty much anything you want. I look at a stochastic rsi on occassion but never rely on it. If you search the thread you'll find one for metatrader. This isnt ...

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Hi welcome. No indicators used here, and you can find everything on the first post of the thread. Much much to discuss, but ultimately its pretty easy.

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Ha! Thanks, persistence pays in the long run, I suppose

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Short USD/CHF 1.1780 area — This one is a little different; a pattern we see happen a lot. Its kind of like the bottom of the bucket, for now we'll just call it a "spike base". It happens when price makes a huge spike, when the spike gets ...

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Long AUD/USD 0.6850 area — Its a ways away, but nonetheless a solid reaction point over time. Worth the attempt in the event of an approach. 10 pip range as always.

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url people have told me this has been working okay.

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If your broker operates out of an 'office' (straw hut) in Mongolia but is 'officially regulated' by the government of some island off of the coast of Africa you never heard of, chances are you're getting shafted. (no offense to my mongolian or ...

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Yeah bid/ask manipulation can be a whole 'nother story, and unfortuntely most of these guys say right in their disclaimers that they reserve the right to do as they please in terms of this....but who knows; could have just been bad luck. Everyone is ...

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