Looking to sell EURUSD. Mixed signals today and trading range likely, but breakouts can be strong precisely because of mixed timeframe signals. Looking to trade 5MIN chart based on bear trend on the highest timeframes.

EURUSD MultiTimeFrame

This is a bit like a conspiracy theory. I used to believe in such theories before, but now I think markets are more complicated than that. Thinking that WIDE stops of weak players are just there to be hunted by strong players is a bit of a ...

The Only Real Edge: Trading from Breakeven

You were right. Yesterday's sell did produce a good scalp though, so no worries. Trying to fade those moves today again, still just below BE overall, but in a position already.

EURUSD MultiTimeFrame

Scalp in 3 pips and leaving for the night. Using a wider stop with ambitious crazy profit targets.

EURUSD MultiTimeFrame

Re-entered the short on 5MIN, but the signal was from the 15MIN timeframe -- bulls getting good signals to enter on better price, a possible trap.

EURUSD MultiTimeFrame

My 2cent on the EU from the price action perspective. 15MIN here, strong signal bars allowing chasing bulls to enter at bettter price than before -- a classicaly trap signal. There may not be much left in the bull move, perhaps a higher high or just ...

EURUSD

A nice range-based approach to markets! I also favour a range outlook, seeing trends and microtrends as occilations in ranges and/or trending ranges rather than the other way round (like in the "trend is your friend" or "trend following" approach). ...

The Only Real Edge: Trading from Breakeven

Thinking EURUSD could take a turn south from here. 15MIN shows a third push up on thinner volume, while overall Market Profile shows pretty good trading volume at the current levels despite what looks like clean swings rather than a range. So a big ...

EURUSD MultiTimeFrame

a combination of greed and fear :nerd:

EURUSD

Back to trading after a while, had to take care of other business activities. It would be a pity to let this thread stop here, so I'll add a few more ideas. Finished reading Jim Dalton's book on Market Profile and he confirmed a few other ideas I ...

The Only Real Edge: Trading from Breakeven

On 5 Min, had a perfect Always-In Short day so far, a spike and channel, which turned into a wedge and wedge breakout failure, now testing top of channel. Looking for opportunities to add to the long to a test above the channel top and possibly ...

EURUSD MultiTimeFrame

On 60MIN EURUSD, seeing a weak High 4 attempt by the bulls against a strong bear spike (caught the bottom, which cost me several bucks, but now holding from a good price, targeting the MA test), but the bear spike may be seen as a third push down, ...

EURUSD MultiTimeFrame

Didn't trade for a few months, had too much work elsewhere, resulting in poor concentration, nonsense trades and ultimately losses... The adage holds true: you can trade successfully when you are 100 pct devoted to it and your mind is crystal clear. ...

EURUSD MultiTimeFrame

Hi Don_xyZ, an interesting thread you have, I'll try to read it. It's nice to see ideas spreading across FF, e.g. I'm about to read skfx's threads from beginning to end. The only problem is I'm very busy with my other commitments now and have not ...

The Only Real Edge: Trading from Breakeven

Hey kore2, just drag the right edge of that window (where it meets your bar chart) to the left . One more thing, which I hope is just an anomaly -- the 2.5 pip spread there is monstrous, there's no way one can make money trading tight with such a ...

The Only Real Edge: Trading from Breakeven

Going Long EURUSD: on 5 min, bears had a second outside down signal bar for a short on a double top bear flag, but offering a better price. That second signal was reversed on bar 1, and two more pushes down failed on bars 2 and 4. If bears ...

EURUSD MultiTimeFrame

Back to trading after holiday, when time permits. Found a better way to look at the tick chart -- open the market watch and click "Tick Chart", so neat and simple. Used to have the New Order open all the time before.

The Only Real Edge: Trading from Breakeven

Next TRADE, switching to long: exited the swing short for 19 pips and reversed to long for a very low probability trade. Seeing Bars 20 and 22 as a micro double bottom, entering long for a Double Bottom Pullback, as sellers in the final flag are not ...

EURUSD MultiTimeFrame

Today, seeing EURUSD as a broad range day. We had a bull breakout and a value area was established at HOD, then sold off. Seeing the selloff as a breakout test for now. The breakout itself was on rather heavy volume and was from a value area ...

EURUSD MultiTimeFrame

Yesterday's trade, was good, though I exited just at the first profit target eventually. The take-away in terms of setup on 5 MIN was to wait more patiently for the setup. I did jump the gun and managed to stay afloat around breakeven, but this was ...

EURUSD MultiTimeFrame