Looking at the higher timescales and being aware of trends IS part of the system. It won't work without that knowledge. You need to chill a little.

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Nice Jim, might be worth adding this to the first page. I know you don't want to teach the forex basics, but these are good questions to ask for this system to win consistently.

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There's some major see-saw action on GBPUSD and other currencies this morning. 70 pips up, 70 down, over and over.

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IB on USDJPY

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Lets not get too evangelistic, even Jim bends the rules at times.

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Nice, that's what I lack, the experience to see these - and then the experience to take them!

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Jim, where you already in this, since the IB had already broken short, or did you have a trade set up and waiting to go?

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Thanks! I never even noticed this site's news calendar.

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Not at all, I was groaning because the joke was bad - sorry, my English humour (or lack of it )

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Three cheers for Lynnette Hi-PIP, hooray (groan - I'll get my coat)

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What are people using to get the news? The news in Metatrader is not filtered and is just lots of noise with big items buried away. I've looked at BabyPips ( url ) but it's not that good. There's a bloke associated with this site url , who does ...

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Thanks! There's some tall shadows on the candles indicating a lack of buying pressure too.

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IB on EURUSD, but it's within the larger one from earlier. Trend of the moment is long, but this trend has been running for a while and is hitting the upper Fib levels. Any thoughts from the more experienced folks?

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IB USDCHF and USBJPY This will be interesting for me as I've been using a Trend Follower system ( url ) with limited success. They've both kicked in on USDCHF so an ideal opportunity to compare.

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Whilst I bow to your greater experience in this , even GBP hammered the Yen whilst getting hammered itself. Guess you've got to pick on someone but 'tis a strange game.

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OK, it might have been this: My guess is if people think the Japanese will prop up the Yen, then they'll run it down and force the issue. Such an innocuous news item but I can't see anything else.

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Any takers for the IB on EURJPY ;-)

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OK, what's the deal with the Yen? It's off on EURJPY and USDJPY, much to my regret. ;-)

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Yeah, went the wrong way for me. It's early days and I'll stick with-trend trades.

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IB on USDCAD - 55pip spread.

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