Not too much happened overnight (for me). I see a Mavin signal bar post with the close of the 0930 GMT bullish bar. Orders would have filled on the next bar, with the market largely marking time after that. Bigger bullish bar completed at 1300. I ...

TSF Mavin

This is just me talking. Believe me, I make plenty of mistakes in my analysis, okay, so don't start thinking of me as some kind of guru. So, with that caveat, let me hazzard these comments... European markets have opened. They took the edge off the ...

TSF Mavin

TSF Mavin posted another winning trade sometime during the 0600 GMT bar. Not sure what's next. Wait and see....

TSF Mavin

Stevewide, thanks for the feedback. So what happened through the day. Well after the win from the London open price couldn't really commit, and somewhat predictably meanderd up. But unfortunately a fully qualified even bar formed at about 1400 GMT. ...

TSF Mavin

So, London bit too. Bit hard. Hard enough for that trade to be a winner. Good job to those who stick to the rules. Now, shall I remind you that every market so far has bounced back up after the initial shock of the news. So maybe we go up from here? ...

TSF Mavin

So, we were cruising along ready to move and take our profit, and at 3:30am the Aussie Bank says they are holding their interest rate when the market was expecting a cut... at least that's how it looks to me... Anyway, result -- we dive hard. Who ...

TSF Mavin

Actually, you haven't really missed it. It is still under the entry point. So, if I was you I would at least put the order in at the proper level and wait for the price to move back up and get you in (or not). More aggressive? Take a market entry ...

TSF Mavin

TSF Mavin posted a fully qualified signal bar at the close of the 1600 GMT bar. The next bar managed to exceed the signal bar by one pip allowing us to open or fill our trades and so we are in the market waiting for a follow through to take profit ...

TSF Mavin

Happy to report that we had an easy win on a sell trade earlier. Market seems to be trying to set up for another trade. Don't know which way it will go yet. Now with regard to my account. I am with IBFX. I have an old account. I thought everybody ...

TSF Mavin

That is really excellent news! And thanks for the complements... I assure you the beast has bit me plenty and spit me out a few times too. In fact, it has swallod me whole more than once to be honest. Looking back there are some situations that ...

TSF Mavin

Stevewide, thank you for your contribution! You have captured most of what I have been posting about. I have recently (from mid this week) been placing trades with 30 pip tp objective and 36 pip sl... However, I'm not sold on these limits. I see ...

TSF Mavin

This is where the new rule for not qualifying a bar if it is too close to the high or low of the day saves me. But of course the market could develop more "courage" and push through now, or in a little while from now. But my rules are meant to allow ...

TSF Mavin

I'm on IBFX, so I'm on GMT. Midnight was almost 7.5 hours ago on my platform... which was 2pm here in Hawaii.

TSF Mavin

Cashcalf, this is where your MTF and fibs might give you more options than I have with my straight 30/30. I see resistance around 144.57, and I think price might die at that point. Your approach would allow you to take profit earlier and close, ...

TSF Mavin

Oops, actually this isn't a qualified trade because you notice the qualifying bar is not equal to or higher than the high of the day and is not 20 or more pips lower than the high of the day. So I should take this one off and wait... but it looks ...

TSF Mavin

Here is my current trade. I just placed the pending order, waiting for a fill.

TSF Mavin

My "injury" is old age.… though I'm not THAT old. I am interested by your multiple timeframe take on this, as well as your application of fibs for tp and sl. When you have a chance to mark-up a sample 5 minute chart I'd really like to see that. I am ...

TSF Mavin

Glad to see you are having some success too. I am nursing a back injury and am on some "good" drugs so my focus isn't so great at the moment. But I did manage to get 3 wins today (Thursday GMT). I'm now thinking that 30 take profit and maybe 30 + ...

TSF Mavin

Sell stop order is in place 1 pip below the close of the last bar. Now we wait for the fill, or possibly an improved entry. It is always possible that the market will just run away from this setup too. And that is perfectly fine. This order will ...

TSF Mavin

The TSF ribbon is currently oriented to allow a new sell signal. TSF19 is also below EMA 20, allowing the sell signal. Price has climbed back up to touch the EMA 20, allowing us to take new signals as they might form. The missing piece now is a ...

TSF Mavin