Cloggie, I've just watched oil fall hard and close below the recent range base. Stocks still holding at support and not following it down. Was this an inventory based move that should be ignored? I don't feel like taking a long based on the current ...

EURUSD

Thanks Cloggie, good stuff.

EURUSD

That's my target too Mitch, I love fib extensions, especially when they line up with other key levels. I did take half off at 67 though due to the recent bottoming action on M5.

EURUSD

You've been on good form today Cloggie, appreciate the pointers as always. I entered on the close of that momentum bar away from the 62 level so got a fill about 73. Was a hell of a rocky ride though, waiting for something to happen. Perhaps I ...

EURUSD

Agreed, it's rare to see someone with the honesty to post both wins and losses. Keep it up I say.

EURUSD

Thanks William, that's great. I'll watch out for those missed prices if I can. Well done on that trade. I missed the boat on EU (as usual).

Following the big money

Hi Diceman, I'd be interested to know more about these "gapping holes" you describe. Are they big jumps in the quotes? I guess they can't be seen on any chart? Thanks!

Following the big money

Thanks

EURUSD

Hi Cloggie, May I ask what upper/lower line you're watching for an accumulation breakout please? 4380/4350?? Cheers

EURUSD

LOL. Thanks

Following the big money

OK, thanks for confirming. I just associate the "trick entry" with a 1 pip above/below entry method. Cheers

Following the big money

Hi srmfx, Did you enter 1 pip below the low of that doji for the STE please? From the chart it looks like your entry was a bit higher than that. Thanks

Following the big money

OK, in long from 1.4661 with initial stop at 1.46358 and target of 1.4750. Will reconsider if bearish PA forms below daily line 1.4651 No good, exited with 18 loss.

ABCD - My way

An H1 close below yesterday's daily break line (also last week's close) at 1.46513 would be nice and give me some confidence to hold further. Have you any positions open wannaberich? Update: Bounced off DP again. Moved stops down to 1.46684. Stopped ...

ABCD - My way

Agreed, seems quite risk averse ATM - stocks tumbling, oil down. I'm holding a short from 1.4679 (triple top bearish engulfing retest on M5). I do worry that we bounced off the DP and as you say, that C line is proving hard to break but we did close ...

ABCD - My way

Thanks for this, you're a star.

ABCD - My way

Sorry mate, can't see the 30M cycle ending at 1.4664. Any chance you can post a piccy for me please? Cheers.

ABCD - My way

Thanks srmfx, what a great piece of advice.

Following the big money

Thanks for all this great material srmfx. Your comments on quote watching have really got the old brain whirring. On this chart, may I ask why you didn't consider shifting the stop under the swing low after the first entry point (but before the ...

Following the big money

Correct - limit orders provide liquidity while market orders consume liquidity. A limit order cannot cause the price to move since it must be executed at a fixed price. A market order can since it is allowed to chase liquidity up/down the price ...

Orders consuming and providing Liquidity