EURCAD — EC trade is up 92 pips. I'm going to trail my SL at the low of previous M15 candle. Yes, I'm too chicken to hold on! But this way I won't lose money, and I won't let a winner turn into a loser. With my luck it would retrace ...

Trading Price Pivots

Wow, you are right, and I had not checked weekly TF! Thanks for that heads-up! I'm trading a $100 micro account, and I'm setting my trade size so SL is always $1 no matter how many pips. I'm shooting for 1:2 or 1:3 RR right now, too. This is ...

Trading Price Pivots

Oh yes, too early on GY. On the other hand, if BOJ intervenes, it will spike up like CHF pairs a couple of weeks ago. But I'm not going to play that game! I was already looking at EURCAD at double bottom. The lows are close but 16 pips apart, and ...

Trading Price Pivots

OCO script — Andri, EmptyEternit posted an OCO (Open One close the Other) script a while back. I just downloaded it. That's a good step toward a solution, except for the fact that you don't know where the second candle will close. But I use ...

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AUDNZD setup — Now the Daily candle on AUDNZD closed above the candle 2 days ago, so I think we have a valid PP setup. I put the fib on low of pinbar to high of next (yesterday's) candle, and then zoom to H1. I have marked what I think should ...

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Failed email alert — The email alert didn't fire last night. I even tested the MT4 email setup before going to sleep last night. It should have emailed me at 2:45am. The BO signal arrow and extended box did not appear until I changed TF and ...

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Yen spike — From DJ newswire: Apparently there was a big order of about $.5B by a non-Japanese bank. They were trying to imitate Japan MOF's intervention to attempt to scare other traders and banks according to a couple of major Tokyo bank ...

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So far this is all I can find. They don't yet know either. url

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Busted boxes — More insanity. At least I'll get some sleep tonight.

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GU CZ formed! — Ladies and Gentlemen, Just moments ago we had another CZ box form on GU! I have again set the email alarm (it emails a text message to my phone) because the breaks always happen right around London open when I'm in deep REM ...

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GY Box — TPC you beat me to it! I'll post my chart anyway. Can't have too many good-looking CZs! I drew this box manually when it was about 19 bars old, hoping the indi would kick in, too - and it did! I set the email alarm so it's probably ...

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GY Daily — Portfirio, this is GY Daily with CCI 14. I don't use it but I saw you are using it. Is this divergence, and is it a possible buy signal?

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Messiahua, I am not an expert on Survivor's method so I will only tell you what I see. You went short right on a support line - I added it to your pic. Price bounced right off that support TL and went up. I'm not saying I would have taken that trade ...

Price action momentum trading

Swissy spike — Rumors on Asian open, SNB was silent, people panicked and bought it. Link to new story on FF: Swissy spikes versus major counterparts url

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AUDNZD PP forming — Guys, how does AUDNZD look to you? Nice pinbar. If today closes higher than 2 days ago open, we draw fib and start looking for retrace and good PP to enter. Is this right? Not sure whether today has to close higher than ...

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Kapybara thanks for asking Chantalb to elaborate. One picture is certainly worth a thousand words! I'm a visual learner, so this is really good for me. I edited your picture a little, Chantalb. I'm still getting used to the PP terminology of 3,5,7, ...

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Aha! (need a smiley face for a light bulb). Now I get it! I did not look for the higher high on the confirmation candle. I was only looking at the pattern formed by the lows. That would have automatically solved my fib problem, too. I like this way ...

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I see, thanks for helping. Whoa, hang on a minute there! I'm maybe good at imitating what I see but so far that's the best I can do. I'm still struggling to make any money at this because I don't make good decisions yet. Then when I do see a good ...

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Forget to ask you about this last night. Once I zoomed to H1 I put the fib on the swings for both days. I wasn't thinking about the two different candles at that point. So are you saying I should put fib on high of confirmation, even if lower than ...

Trading Price Pivots

Every word you say is great stuff! I get it all and I see everything you mean on that trade. I took it long this morning, moved to BE and got stopped out in a few hours. But I kept my #1 rule: don't lose money. Thanks! Mega pips to all!

Trading Price Pivots