EURGBP long with trouble at 8708

B.S. Trading with Kenneth Lee

Morning all, Think this thread hits the nail on the head, and would like to ask the experienced traders what they use as an entry signal. Do they enter on the price zone being hit, or do they look for consolidation at these areas, and wait for a ...

Supply and Demand trading with Fibs

Hi Alex, Have spent hours trying to sort out the OEC trader demo, looks like the footprint software is no longer available for the demo, and I'm also not getting the option for the ESH( contracts. I have the option for straight EUR/USD forex pair, ...

Principles of market movements

30 min chart of USCHF Stop at 8911, Target 9015

14 Year Old Forex Trader's Lessons

Am long uschf-reduced lot size as wider stop loss as based on longer TF charts. Was long earlier, target got hit, now rentering as pricer tested lower levels and bounced up again with good old divergence showing so let's see.

14 Year Old Forex Trader's Lessons

yeah they voted to expand the EFSF url In favour: 523 MPs Against: 85 Abstentions: 3 What more proof do you need that politicians no longer represent their people, but that's another topic entirely I should have added that I was also short the ...

14 Year Old Forex Trader's Lessons

Wow the price action on the 1 min chart was telling a story, price tried to break up over 3680 and got smacked down hard straight away, interesting to see who will win this tussle

14 Year Old Forex Trader's Lessons

Exited my positions at approx 1:1 RR as Bundestag vote is underway, might as well toss a coin with that news coming out. MLA, I draw the yellow horizontal lines to show areas of S/R that appear on the hourly chart. Dotted red lines are areas of S/R ...

14 Year Old Forex Trader's Lessons

Hey MLA, good work with the pips made already, you must be very happy indeed! Am short GU at 5700 and EU at 3670, not purely from previous S/R being hit but due to big stoch divergence on 30 min charts and divergence is forming on 1 hour charts ...

14 Year Old Forex Trader's Lessons

I missed the entry but USCHF looks good for a big push higher this afternoon (or morning if you're in the US)

14 Year Old Forex Trader's Lessons

Hey roughtrader, It is quite simple, Sam Seiden does over elaborate, just take the very basics of what he's saying, and then apply them to highsa and lowd which will become Support/Resistance. If you're a daytrader then it's simple, look at areas of ...

Sam Seiden's Supply/Demand zones

I'm looking at a retrace and break of the highs on eurusd and gbusd but with stoch divergence showing on the 15min chart, preferably replicated on 5 min and 1 min chart to fine tune entry. Price is at resistance levels on both pairs. Same with gold ...

14 Year Old Forex Trader's Lessons

Already there mate, shorted GBUSD at double top and went long GBUSD at .5534 Happy trading and good luck

14 Year Old Forex Trader's Lessons

Hi Buma, I draw my S/R levels on 4 hour/1 hour charts, and also have 15 minute charts for intraday levels. I trade off the 1 hour/4 hour S/R levels, and look at 15 min charts for intraday levels, and use 5 min and 1 min charts to fine tune my ...

14 Year Old Forex Trader's Lessons

[quote=bumapatria;4990775]You meant double bottoms my friend i get confused too sometimes.. Hi Bumapatria, no I wasn't confused, the double tops occurred at approx 7.30am UK time on the GBUSD and EURUSD. The main trading times are 7-10.30am UK ...

14 Year Old Forex Trader's Lessons

What time zones are you fellas trading in-what about the double tops in EURUSD/GBUSD in the morning session-are you fellas mainly in the USA?

14 Year Old Forex Trader's Lessons

OK I'm missing way too many sweet trading opportunities thanks to this blog-not sure anyone was reading anyway, at least I tried to help. Adios!

Simple trading with S/R levels and stoch divergence

Hmmm eur usd at 00 levels and good support level on 15 min, divergence on 15/5/1min charts....

Simple trading with S/R levels and stoch divergence

I have exited my GBUSD short at a 1:1 RR. The reason-HUGE divergence on the 15 min chart where price broke an intraday support level but the stoch remained a lot higher. These are your bread and butter-I was making breakfast when this occurred. I ...

Simple trading with S/R levels and stoch divergence

All this is just a very complex way of saying: Pick the highs and lows off the longerterm charts. Draw them across your chart. Then figure out a way to tell if price will reverse when it reaches them as it tends to do this quite often. The ...

Sam Seiden's Supply/Demand zones