Just closed my USD/CHF trade for 2R. Now setting up pending orders

Price Action and Trading Discussion

Thanks Looks like some light profit taking at Asia open. I'm thinking there could be a potential reversal but I don't want to be too hasty. I'll keep my stop in place and let it take me out. If that happens, I'll most likely jump in a new trade ...

Price Action and Trading Discussion

Still trailing..

Price Action and Trading Discussion

That's interesting to note, thanks! I normally do it with 1.5:1 to 2:1 risk/reward on gap plays. I haven't been playing them directly in a while though. I decided to close eur/usd early, and trail usd/chf normally

Price Action and Trading Discussion

The Sunday gap of euro can be a profitable trade at times ! Stop moved; target in place. Good night all!

Price Action and Trading Discussion

Engulfing and gap

Price Action and Trading Discussion

Is this just trading inside bars on 4H time frame? If so, it is very similar to what I am doing as well. Looking forward for more!

Inside Assassination 4hr strategy by Enoc2g

I'm leaning towards resistance holding at 1.25. The current move up is just a small retracement IMO. I'm getting ready to short GBP/USD if it holds. 3 bar low on the pound gives me a nice place to short at the break of those lows.

Price Action and Trading Discussion

Definitely! Inside bars on S/R is quite a money making machine. Both trades out at 3R profit. Now, I'm particularly interested in how the current bar will close in EUR/USD and USD/CHF.

Price Action and Trading Discussion

Needless to say, I love inside bars!

Price Action and Trading Discussion

The anticipated short was stopped out. I deserved it for pulling a trigger ahead of time Price broke the inside bar to the upside. Went long instead of short, short order is still there though.

Price Action and Trading Discussion

Nice! I wished I was awake for that!

Price Action and Trading Discussion

Thanks and yeah 1.25 is holding for the moment. I "pre-fired" a short earlier today. Now I have another short order set-up at the break of the inside bar in H4. Daily bias has shifted to the down side.

Price Action and Trading Discussion

EUR/USD trade stopped out at 66 pips for a 1.5R gain. It's unfortunate that I wasn't awake to see the inside bar form. It would've been quite a trade. Oh well, next one!

Price Action and Trading Discussion

Trailing these by bars now. Waiting for the most recent bar to close and I may lock in 2R. Today's daily close formed further bullish bias.

Price Action and Trading Discussion

Based on the D1 bias, I made an entry on the H4 chart signal. Stop is currently at BE and once the current bar closes, stop will be moved to lock in 1R or to bottom of the bar whichever comes first.

Price Action and Trading Discussion

the king of touch trading is back

raczekfx chart thread

Definitely right about the trend here. This CT trade would be even more risky had it not been the strong support.

Price Action and Trading Discussion

My thoughts on the EUR/USD. The daily candle closed an engulfing bar with a rather long bottom wick. Stop was gathered here no doubt. This promises a potential upside move on the next bar. Looking into H4 for signals, the most recent bar closed ...

Price Action and Trading Discussion

True. I'm attaching a chart to show it.

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