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    • Akhh replied Feb 21, 2012

      Look on 1 thing - that wont be a rule in market behavior but its better for odds in trading. I gave v close SL. More logic Stop Loss was below last low and all this support levels i show in analysis. But first: SL would be about 12pips bigger (that ...

      High Probabilty Trading
    • Akhh replied Feb 21, 2012

      GBP/USD is near 50% - it "likes" this level. I will look at it. But no decision yet of course - if i get strong signals on both time frames (slower DT = stronger) i can open long 1 more. But only with little SL.

      High Probabilty Trading
    • Akhh replied Feb 21, 2012

      Targets: image Minimum is 38,2 of this wave down - this is target for short term - after reaching trend line and somwhere near 38,2 i will defend position closer (can be below last 5min bar) Target for long term is somewhere between 50 and 61,8 - ...

      High Probabilty Trading
    • Akhh replied Feb 21, 2012

      If You want to follow - i recommend after i post position put buy/sell stop on my entry price - it almost always hit it at least 1 more. If You take it far from price Your Risk:Reward ratio will be much worse than mine.

      High Probabilty Trading
    • Akhh replied Feb 21, 2012

      image There are few reasons why i opened this postion. 1. 78,6 Fibo of last last up move. 2. Trend line (im using them sometimes when they fit - just like S/R levels, sometimes some AT formation too) 3. Down move has lenght of almost 160pips - and ...

      High Probabilty Trading
    • Akhh replied Feb 21, 2012

      GBP/USD situation: image GBP/USD is probably in correction wave 2. Level marked on blue is: 1. 38,2 of wave 1 Fibo 2. Support level - price bounced twice just after first impulse up 3. Its 90 - 96pips from top and correction waves 1-2, 3-4 and 5-A ...

      High Probabilty Trading