That's approx where my 2nd short for today is. Target is at least 413

Carpe diem: Intraday tactics for Dax and Dow

Nice. It was touch and go for a little while. I shorted at 13495. Now we're battling a confluence of Daily, Weekly and Monthly pivot points. Still nursing some underwater shorts from yesterday's pivot. 13447 proved the mid point which looked as if ...

Carpe diem: Intraday tactics for Dax and Dow

I have a few shorts (currently under water) triggered on the breach of daily Pivot Point (DPP), Monthly pivot point (starting Sunday, on IGIndex) R1 is 13447. Previous month pivot point R2 is 13416. If close remains under these, then I expect ...

Carpe diem: Intraday tactics for Dax and Dow

this is one of the best pieces of advice that a trader here called Cloggie, got me to start doing and I took to it.

The sacred edge 2.0

When I can mate, I'll try and post. Pivots are known world wide..... like Fibs. What I like about them compared to Fibs is that they are based on a fixed calculation based on the price of the day or week. Which means, you could even ...

The sacred edge 2.0

Looks like EU Daily S1 has held. Usually this means that Daily Pivot becomes target.... or 50% between the 11280ish mark.

The sacred edge 2.0

Just been looking at 1H charts. The DAX and EU plays are starting to form a different shape since London open. I think short term, EU could be changing direction for a retrace and Dax looking to go short. I've cancelled all open trades EU shorts -20 ...

The sacred edge 2.0

As I read your perspective here, I can only say congrats and you are right. This principle is over-arching. Small losses are better than big losses. It's the continuous challenge of trend trading.

The sacred edge 2.0

Nice work on the GA short. I was tempted to long yesterday but thankfully I didn't. LOL Currently got longs on UCAD. I pulled the plug on GU shorts early morning yesterday which I am kicking myself for.... they were right at the 14208 mark but I ...

The sacred edge 2.0

G'day mate. I think your bias on EURUSD is correct, but your SL are real tight. I have shorts @ 11251 and 11236. I took +50 off Dax but it's choppy right now so it was easier to go with EU The target on EU is 11050! So for 200 pips, the SL can be 66 ...

The sacred edge 2.0

Trying to understand whether to long until Daily R3 10048.9which should coincide with your levels or even MMLines. Or to just sit aside until then, then short. Edit: I took only 20 pips as I was too busy managing my UCAD longs post news.

Simple trading: levels and price action (mainly on DAX)

It's only a theory of mine, as I have no way of testing this. But the idea is this: The ebb and flow of Dax comes mainly from Europe and USA sessions. On occasion, Asia can also be the leading session. For the same of the example, let's say that ...

Simple trading: levels and price action (mainly on DAX)

Great stuff. Keep it going Billy.

Simple trading: levels and price action (mainly on DAX)

I think I get that approach. Is that what your UC chart was showing with the order lines?

Jay's High Probability Setups

Hey J, Great analysis as ever. If this setup were to play out for EU, then a deep dive to 1.33ish would make sense for Bulls. That isn't far away.

Jay's High Probability Setups

I want to actually short it. But looking for a counter trend LOL. It's all relative. I may just give it a miss and look at others. Got a signal to short AUDCAD, so will look at that later.

The sacred edge 2.0

112 is also a monthly pivot point for April

The sacred edge 2.0

Not looking like it will do a counter trend at this point. YEN too strong at the moment. Dollar is interesting against Yen though..... starting to show signs of a slow bounce. Your 112 level is a nice level for big shorts for further moves down.

The sacred edge 2.0

I'm late in the game with UJ but I think there's more south side. Looking for a short entry at any pivot retest or even at London open

The sacred edge 2.0

I'm looking for a long trigger. Not there yet though.

The sacred edge 2.0