Another simple trade — If you followed the COT report (9K increase of the commercials buying GBP/USD), price action suggestive of bullish reversal was still to be found until early today. PA pattern (pinbar) bouncing off the former daily ...

Another way to trade PA profitably

closing 1 trade of the week — that was a good breakout. I am closing this trade with 220 pips. it might be enough per week. I shall wait for a new COT till tonight. Good luck!

Another way to trade PA profitably

the COT report sets the market direction for me. I know and you should know that the COT is published with a delay, so wait for the price action that confirms time of entry. COT itself is a red herring. Read from the start of this thread and see how ...

Another way to trade PA profitably

I will be waiting for the next COT report to show me if there is a change of sentiment but so far I should thank the commercials. ..and the Elliot Wave Theory.

Another way to trade PA profitably

walking on a blade — I know I was walking on a blade 2 days ago with this long being 7 pips shy of sl but, hey, commercials propped me up and it seems this resistance line is due for a break - exactly the fifth elliot wave as we spoke. ...

Another way to trade PA profitably

let's get some fun back, folks. I've never indulged myself in Elliot wave's theory but here's the trick. COT saw a large increase of the commercials 2 weeks ago with almost no change reported last week. So, I know that looking at the recent price ...

Another way to trade PA profitably

anyone out there? — This was a good thread, why abandoning it? If Cateful is still around he/she is really welcome back. Time has proved that if you apply your knowledge of PA to advertised COT positions you may well find some grains of truth. ...

Another way to trade PA profitably

Great stuff, Mason. When I look at these swissie's wicks whatever the timeframe is, I always find myself fighting a precarious dilemma - when I am in profit, should I lock it or let the price evolve by itself until either I am taken out or reach the ...

Another way to trade PA profitably

hallelujah, Cateful! My short (meaning sell) instincts with euro are only growing based on this daily pinbar. The commercials again increased their long positions and these two signals are contradicting. So, I will short. I will buy usd/chf again ...

Another way to trade PA profitably

Ken, this is Cateful's strategy and mine, let me say, is some kind of adaptation, or rather free interpretation of COT reports. I am glad Cateful brought 2 components together (COT reports and PA) into 1. So, you might find through my posts that my ...

Another way to trade PA profitably

Seeking, just checked Traex's thread, excellent ideas there, lots of good stuff. I could not find any matches with my entries, on the contray I saw discussion to short usd/cad - I am going the opposite direction today (plus 20 pips as of now). Other ...

Another way to trade PA profitably

Mark my words. Market tells us what is happening. Dollar gaining stength, further frustration with euro (delayed or no rate hike). Change of trend to me.

Another way to trade PA profitably

I sold loonie, bought greenback, it's just the other way round. May sound confusing..Yes, targeting to the upside of this pair.

Another way to trade PA profitably

continuing the previous post... So, when looking at euro PA right now, I am asking myself: - is there a 1HR pinbar bouncing from 1.3660? Yes - Does euro fail to reach new highs consecutively for 3 days? Yes Does it mean I go short? That'll be too ...

Another way to trade PA profitably

Now, as I am stopped out from my euro short position with 30 pips up, let me get back to you. I do not copy anyone and glad my trades match someone else's - I will definitely check up Traex's (but only after I enter mine). Btw, me was 75 pips up ...

Another way to trade PA profitably

hold on so far. Let me gather some euro pips in the meantime . Up 60 pips from trade 4 (30 protected) and up 50 pips from swissie long (supplementary trade, 10 pips protected). Overall I am up 300 pips, 100% win rate. hmm, not bad. Let see what ...

Another way to trade PA profitably

I like "1000 pips a month" as it will sure generate a mass of views, or, you better you can call it "100,000 views per month". But we need to be humble and underwater. Somehow, I feel word "another" does not sound original and fresh. Like ...

Another way to trade PA profitably

very well, indeed! I was not here when the reversal happened (sleep is very important in my life ). Cateful, did you come up with a new thread name? I am adding a star to it. Here is my current state of mind:

Another way to trade PA profitably

no offense taken! I am still in a jolly mood over the last trades (260 pips). This is just a forex market, a place for everyone, bulls, bears, up and down...Hard not do anything and sit tight.

Another way to trade PA profitably

No rough feelings folks but the commercials seem to be abandoning the "euro long" ship. Feds are not keen to cut the rate - this is what happens when 90% of traders are betting on the contrary and trying to instill their opinion into the market on ...

Another way to trade PA profitably