GBPUSD Longs — There were a number of bullish tell-tale signs on the higher time frames. Generally speaking there was a lot of support holding price up. Waiting for 15 min entries using Sho's method, we had two very good opportunities to go ...

Intraday price action trend trading

City, I think we had a very good momentum bar, and if I had listened to the method instead of my emotion, I would have won some pips. But alas I didn't. Rob

Intraday price action trend trading

Milton, In my opinion, the biggest reason not to enter a trade this morning was NEWS. The markets are random and a trending market is best suited for any edge which works on a trend. When the market is awaiting news, there is often no clear trend. ...

Intraday price action trend trading

Milton, what is the direction of the Keltners? Up, down or flat? The market is awaiting news.

Intraday price action trend trading

The market is awaiting news. It's risky to trade until news has been released and we can see direction. Also look at support and resistance at 118.25 area EDIT: Note that the gap has not been filled yet

Intraday price action trend trading

You're welcome. Just in case you haven't seen it, there's a TV interview with the man himself here All the best, Rob

Intraday price action trend trading

GU offered 2 great trades on a plate — GBPUSD offered two great trades on a plate this morning. The only thing stopping some from profiting from these is "not enough faith in the edge this method provides". Trading is a probability business. ...

Intraday price action trend trading

Moving stop loss to break even — Sho, do you believe that either of the following trade management approaches has an advantage over the other, and if so, why? When the trade moves in my direction I will move the stop to break even when ... 1) ...

intraday trend trading with price action

Great trade Francis!

Intraday price action trend trading

Nice one City

Intraday price action trend trading

GU Short — Another GU short

Intraday price action trend trading

Hi Sutts, I have been using Sho's method for a few weeks and of course it takes some getting used to. An exercise that helps me is to look back at the charts and see how this method works. There will always be losses, but with enough discipline to ...

Intraday price action trend trading

Hi Sutts, My 2 stops were just above the bar highs. Short 1 SL was 28 pips and Short 2 was 25 pips. The risk was larger than I usually take, but we have seen stronger downward momentum in this last 24 hrs than any day in the last 13 months. With the ...

Intraday price action trend trading

Ha ha ...yes nice tip Sho. Thank you my friend. Short 2 is currently +218 pips. We have broken 1.45.

Intraday price action trend trading

These worked well Normally I would have opened only one position but Sho explained yesterday that we need to act on EVERY signal. I got two signals so I opened two positions.

Intraday price action trend trading

Anyone watching? - will it close as a pin in 1 mins? — GU 15 min chart below. 15 min bar closes in 1 min. Pin Round number Fib Rob

Intraday price action trend trading

Nice work Marc!

Nearly Naked (Simple Trades)

Then again ... Over 300 pips range today! Britain's new Prime Minister has some work to do when he gets elected to office tonight!

Nearly Naked (Simple Trades)

GU rejected by weekly S2 — GU might have finally found some support at weekly S2.

Nearly Naked (Simple Trades)

Yes I remember Daz. He hasn't been around FF in a while. I got short but not until 1.5070. Still I took 30 pips off the table so it was still good. But as my school report used to say "could do better if he put his mind to it!!!"

Nearly Naked (Simple Trades)