Thank you for the response.

Simple Fibonacci Trading

Hello, thanks for sharing your system. I'd like to know if I'm understanding the entry requirements correctly. Based on the chart of AUD/USD, I've a sell stop order lined up below the 38.2 value and my stop is set above the 61.8 Fib value. Please ...

Simple Fibonacci Trading

Thank you, I'll look into Sam Seiden's work.

How to determine SL on limit orders

Cloggie, in your experience, would you please advise on how soon should we move our stop to BE on m5 TF? (as in after price move how many pips in our favour) Thanks, MG

EURUSD

url Is this the one that you meant on your post?

NZD/USD

Hi, Jarroo. Thanks for sharing that chart. It seems that the swing high in the chart that I posted was not big enough compared to the one you posted. Next time I will look for a bigger one just like on your chart. Regards, MG

james16 Chart Thread

Thanks, Dan. The ID that I used is of a character of a comic . For my question earlier, I attached a chart of EUR/USD. On the 4H chart, it is obvious that it has been in an uptrend and currently entering consolidation period. In such ...

DanUK's Advanced Trend Trading Strategy

Thanks for your reply, Jim. Yes it answered my questions. From reading earlier posts, I learned that PA set ups on a good location is the one we are advised to take. However, I am a bit confused about swing highs. For example, on the chart, could ...

james16 Chart Thread

Dan, When the prevailing trend is up and afterwards sideways happened, do you still trade during this period? If so, do you only enter the trade if price is at the bottom range of the sideways range?

DanUK's Advanced Trend Trading Strategy

Possible inverted head and shoulder forming? — Greetings everyone, I looked at Damien100's 1H chart and noticed that the NZD/USD might be forming an inverted head and shoulder (Please CMIIW)? Anyone thoughts on this? Regards, MG

james16 Chart Thread

I see. If a clear story for long is a big bullish PA at support, then for short, it would be a big bearish PA at resistance. Does all this happened at 0.7500? Or would another level be watched for short, e.g. 0.7550? Also, assuming the short set up ...

james16 Chart Thread

Greetings, Everyone, I have a query. When we spotted a trend on a big time frame (D1, W1 or M1) and managed to join on the retrace with a PA set up, when do we exit? Should we exit after a given amount of pips that we are satisfied with? Should we ...

james16 Chart Thread

Thank you for the link, Jaroo. I am reviewing it now. Considering the daily trend, wouldn't it be dangerous to short?

james16 Chart Thread

Greetings, I am looking for advice on entries. For example, I spot a DBHLC or DBLHC. What is the appropriate entry method? Would putting a buy/sell limit be best? Looking forward to hearing input from other trader regarding this matter. Regards, MG

james16 Chart Thread

Thank you, Jaroo. Pardon my inexperience, but what does it mean when you said that you are expecting a re-test of 0.7500 with some bearish PA? Does it mean you would look to short at 0.7500?

james16 Chart Thread

DBLHC? — Greetings, First of all, thank you for starting and maintaining this great thread. I am looking to learn more about price action set up from the senior traders in this thread. I just started a demo account and am eager to try the set ...

james16 Chart Thread