To be honest, even I can't understand what you're saying. You're saying the "farthest away pivot" which would be the very first one, no? Do you mean the closest one? What's with not believe in posting charts? Don't think it can happen, or just too ...

How can I draw trend lines correctly?

Well, there is no "correct" way to draw trend lines, as they are imaginary. However, I do like drawing some lines every once in a while. I'll pick a top/bottom that is the most obvious. Then, I draw it out horizontally and then drop/raise it until ...

How can I draw trend lines correctly?

Why not?

Your view please- Why Keep a Trade Journal?

First trade of the year. 1m Aud/Usd 60 ema/120 sma

A Gnarly Journal

Missed my chance. Gotta get my sleep back on track.

AUD/USD

What's really scary are the people who don't grasp this.

World debt and who they owe money to

I have no idea how that's not clear, but I don't understand what you mean with 1.04949. When did price reach this level, because I'm having a hard time trying to find the level.

Aussie Trading Room and Cartoons Gallery

Like, just now?

Aussie Trading Room and Cartoons Gallery

I'm still waiting on 1.0515. Wanted to wait for something that's been broken already, but it's been broken already.

Aussie Trading Room and Cartoons Gallery

1.046

Aussie Trading Room and Cartoons Gallery

We've outgrown gold.

World debt and who they owe money to

I think we just outgrow out debt.

World debt and who they owe money to

Yep. They had me shakin' in muh boots. /sarcasm

Aussie Trading Room and Cartoons Gallery

What if he ended up needing hiking gear? Not to climb down, but UP the cliff!

Aussie Trading Room and Cartoons Gallery

The structure of the market changes? Are you serious? Like, there's a new hierarchy for a few moments that one has to detect through indicators or something?

Looking at Exchange Rates in a Scientific way

Not to keep the pressure on you, but I kind of realized where the text is supposed to be for the chart you posted. I don't know the TF, but it looks like 4-8H chart? If so, then on every single bar you see, retails are trading. The entire retail ...

Looking at Exchange Rates in a Scientific way

I feel like there's going to be a gap, but I'm not sure why... Oh, and on the daily, looks like there will be a cross over around 1.0435~. This level will be useful when price gets to it, suffice to say. Daily 4H 1H

AUD/USD

Now, why would brokers or whoever is stopping out "retail" traders do such a thing?

Looking at Exchange Rates in a Scientific way

Do you have anything to back this up? The only way the "market" will know if someone is using TA is the broker. If they see a bunch of orders from retail traders at a certain level, they can't move price to take those guys out. They can manipulate ...

Looking at Exchange Rates in a Scientific way

You're saying that because it isn't true that all participants place the same order the same way every time, that TA is useless. That's asinine. Brokers have to facilitate trades at times, so they'll be at the other side of an order. For every order ...

Looking at Exchange Rates in a Scientific way