I use basic trendline setups on Daily charts, i don't even usually draw trendlines on 4H charts. I usually only do this to look for the general trend and make intraday trades based on what direction to bet in (i.e. not taking short positions in an ...

Mouteki/Demark Trendlines

All the way from 1.2663 to 1.2424. YEA! man I had two trades on this for a total of 4 lots, even though it was a mini, still....i'm quite happy. So it if breaks it's previous low from today at 1.2414, I may short again, not sure. I'm looking for a ...

USD/CHF

yea....just don't listen to most of what FXCM says. Sometimes they say some valid things, more often than not they don't. Also, I'd like to know how they find some of their Pivots, Support, and Resistance lines.....However, if trading were as easy ...

FXCM news feed ?????

This is some crazy stuff. I've had a short on USD/CHf since it was 1.2663, at time of this weekend posting it is 1.2485. I have my stop set up to keep me well into the profits, and I've been riding this one for a couple days, I think my longest ...

USD/CHF

I also use a combination of both. A lot of the time you do find that the pivots and fib retracement levels coincide.......I've found that recently I've done the best trading to date just trading using pivots, basic trend lines, fib retracements, and ...

fibs or pivots

Thanks a bunch!

Mouteki with other time frames?

Twoblink, I've read a bit of your material, and regardless of how old you are, you seem like a very intelligent person. I too have the thirst like you to learn, and I was wondering where you read your ebooks? I've found a couple of forex ebook ...

Mouteki with other time frames?

Yessir you are correct. I really need to find a broker who allows hedging so I can just hold a damn position and buy or sell inbetween when I see some short term trades.

GBPUSD

Also that was just my scalping intraday type trade. I have had a short in position for a while now and I believe we still have room for it to go a little lower.

GBPUSD

I have a couple of fib retracements set up for longer and slightly shorter term (like 4H charts). the 61.8% retracement of 1.8180-1.9145 is 1.8550 approximately.

GBPUSD

I think that news provided enough momentum to push down the Pound, but now there is support at 1.8850 area, to which the price has bounced. I personally longed when it got close to that area. On my chart I have a perfect Fibo support line and the ...

GBPUSD

I've been long since about 1.8850 (should have taken a little sooner) and am holding until 1.8740 near term, 1.8795 will be next big resistance. Then hopefully it will go up to around 1.9000 again in a couple weeks.

Shorting the cable (Is London Bridge Falling Down?)

Even the Canadians are on break. I did not know today was their Thanksgiving.....Happy Turkey (or whatever you all eat up there) Day!!

Holiday, holiday, holiday

GBP/JPY too!

Nuclear Test

You think that Kim-Jong-Il did this just to wake George Bush up out of bed?

Nuclear Test

Actually, I think it's a lot lower than that sorry, around 119.15 is probably closer.sorry

Nuclear Test

If you look on USD/JPY Daily chart there is major resistance around 119.50 area coming up. Is it going to penetrate and start a huge uptrend, or get bounced back down?

Nuclear Test

Come on you all, I'm in english class, this is boring, let me know what my money is doing, help a brother out! I get out in 20 minutes.

Mouteki Trading

I'm at school right now and have a trade open. Has GBP/USD hit 1.8895 recently? I don't know about this pair right now, but I believe the overall trend and feel is bullish. My stop is at 1.8845, and I'm really not trying to get closed out while at ...

Mouteki Trading

Don't long, it didn't break supply line. The price penetrated it, yea, but that's not enough. It's VERY important to get that confirmation candle opening up above/below the supply/demand line. Now it shall continue it's trend and the price will drop ...

Mouteki Trading