This has been a good 2 hour battle here. Plenty on the thread though have taken trades in anticipation, hmmmmm.

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They are going to stuggle holding the next test...

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They are still hanging in there. This is fun ain't it?

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Yup, get a few thousand trades in using your strategy, know your average loss, and adjust your size and stops so that you risk no more then 1% of your equity.

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That's enough for me on that pair, let's see how 1.02 reacts.

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Mr. P giving us a boost again here. Don't you love it how the Greeks are running the show this week. It took them 2,000 years, but they are running Europe again. Just like in the past though, it won't last... Let's see how the boys at 52 respond to ...

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I am a big pattern player, just not the retail kind.

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I don't follow retail invented cr@p, I only look at what the big boys look at and I never ever anticipate, I trade the 99.99% confirmed setups, fine I give up 5 or 10 pips, or even 20 at times, but my R/R ratio is staggering by doing that and I ...

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uCAD

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Bingo, and that kids is how you play resistance plays, that's how you pick the tops and bottoms, just pay very close attention to the story the candles are telling you. They are very clear in showing the net result of the behaviour of the crowd.

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Not a lot of momentum on this try here, some of the speculators must have given up and gone home, so this is telling me that 52 is holding. Now just see the momentum/breakout to the down side and we are in full retreat mode.

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See, told you, no retreat. See how obvious it becomes when you look at it this way???? Doing this will keep you out of anticipated trades and setups that are not confimed, it should do wonders for your win/loss ratio. Simples. Time for some more ...

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No momentum, no price pattern, no range break, so this is not a full blown retreat, just a regrouping.

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See, we saw the little bar where the fight was getting tired that was blatantly obvious and we are now back on a retreat again on this momentum bar, now again we need to judge if this is just a regrouping or a full blown retreat, how do we know ...

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Not me, I am not going to scalp this, there is no larger trade setup to be seen anywhere on this pair just yet so I will pass. If the landscape changes and there is a stampede forming, I will change my mind and join the runner.

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I use a bit of a different analogy, but it is a really good way to look at price action as it describes really well what is going on and you can easily relate that to your charts. The key for the whole battle though was knowing that 52 was up here ...

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We are getting tired though, that last little bar on the 5 has little left in her, are we going to give up the battle here? Don't know yet, no momentum yet on the retreat, give it a few minutes.

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We are ranging, so I don't trade much, I only like the bigger 100-200 pip runs, not the puny stuff, and the muppets are sitting down in the back so I am enjoying this here.

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Darn they're big'uns, they put up a good resistance here, we are not giving up though, no momentum in the retreat, we are still knocking on the walls of the fort here.

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2 momentum bars in a row on the 5, not looking good for the stop holders, we got quite a few speculators joining the battle here, let's see how big the boys are holding those stops, we still can't tell the size of them, they are hidden inside their ...

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