Butted up against resistance on the 1hr chart in the form of the 10EMA, so a safe place to exit for a little over 10 pips.

Predicting Short-Term Direction and S/R Using Indicators

A trade off the CHF/JPY 4hr chart. Should be good for 10+ pips when the spread tightens back.

Predicting Short-Term Direction and S/R Using Indicators

I've already written off my GE Puts for tomorrow....still have time on my others, though.

Let's Trade Options

This is what I mean about high confidence, safe trades. Including the two pips lost, still over 160 pips in profit out of the nine trades so far on this thread. No big mathematical formulas, no staying at the computer 13hrs every day or anything ...

Predicting Short-Term Direction and S/R Using Indicators

Goal was reached. Resistance level off the 1hr chart used to determine a good exit point.

Predicting Short-Term Direction and S/R Using Indicators

A short trade on the EUR/USD 4hr chart that should be good for some pips

Predicting Short-Term Direction and S/R Using Indicators

I do use very different techniques for CHOOSING the options than I do for currency trading, but I still use the BB and EMA to determining support/resistance levels.. With currency trading, choosing a trade is nearly all visual technical analysis of ...

Predicting Short-Term Direction and S/R Using Indicators

Not much feedback on this stuff. Let me know if any of this is useful, because it is pretty time consuming to find, annotate and post the trades, so if no one is getting anything out of it, I think I'm gonna go back to the options thread and maybe ...

Predicting Short-Term Direction and S/R Using Indicators

Here is a pretty safe, high confidence trade on the EUR/YEN 1hr chart with another setup I like to use. I didn't even have time to annotate the charts, take a shower and grab something to eat before it finished, so I'll just post the results, too. ...

Predicting Short-Term Direction and S/R Using Indicators

Butting up on a support level of the EUR/AUD 4hr chart, so a good place to end a trade. A safe, high confidence trade for around 50 pips.

Predicting Short-Term Direction and S/R Using Indicators

Here is an option concerning the EUR/AUD Daily chart trade. The original Daily chart reposted for reference.

Predicting Short-Term Direction and S/R Using Indicators

Here is a little bit about how I trade, which I'm sure breaks just about every "rule" you can find on this forum: 1) I don't like to force a trade. I've found that's the easiest way to lose money. If there is nothing that matches my setups ...

Predicting Short-Term Direction and S/R Using Indicators

Here is a trade off the EUR/AUD Daily chart:

Predicting Short-Term Direction and S/R Using Indicators

Well, it didn't materialize on this one, so obviously no trade taken. Original chart included for comparison.

Predicting Short-Term Direction and S/R Using Indicators

This is what the RSI Divergence trade look like:

Predicting Short-Term Direction and S/R Using Indicators

A potential trade shortly in GBP/AUD off the 1hr chart, if the setup occurs:

Predicting Short-Term Direction and S/R Using Indicators

Well, that trade didn't materialize. If it doesn't do what is expected by that third candle, time to move on, because the EMAs (S/R levels) all repaint too close by then, so the initial pip goal doesn't exist any more.

Predicting Short-Term Direction and S/R Using Indicators

Another small one again, probably a little less than 10 pips AUD/USD 1hr chart

Predicting Short-Term Direction and S/R Using Indicators

Not a big trade, only around 5-6 pips, but a pretty high confidence trade......

Predicting Short-Term Direction and S/R Using Indicators

Here is one on EUR/JPY 30min, but it is probably going to be less than 10 pips...

Predicting Short-Term Direction and S/R Using Indicators