Further to this I have placed sell orders. We could go a little higher before breaking down but I like the PA presenting here. Bar1 - Very convincing bear action closing below Jan 4th Low. Bar2 - Inside Bar (not surprising given the size of the ...

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this thread is D.E.A.D. I feel stupid for even checking back in on it...... I'm always glad to be proven wrong though......"flash in the pan comes" to mind...... Time to hit the unsubscribe button......

Trading FX for a living - finally

Precious Metals I have had bearish bias on PL and PA for some time. They have now hit resistance are look to be pulling back (or reversing....unconfirmed at this stage). I have a bullish Gold trigger now too. This is amidst Gold taking a bit of a ...

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AUD AUD/JPY - No changes to stop position over the weekend. There were a number of bullish signal bars on Fridays close across the XXX/JPY crosses. This is like the good old carry trade when it started back in 2000. It also started off with a ...

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Olu, Thanks Olu, I see it like this: The Wheat trade was a bad trade that ended bad. The Beans trade was a good trade that ended bad. These things happen and its part of this business. It's unfortunate because I could/should have avoided the Wheat ...

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Stopped out today for 1R Loss. Still like it from the long side but will wait for new signal despite the pin bar that dropped today.

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Olu and Ja, Thanks for you supportive comments......sometimes its hard not to take things a little personally.....who said this is not a mental game!! Mike

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AUD/JPY Daily swing low made at 0.95, previous resistance appears to have now become support. Stop raised to 94.95.

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Wheat Price paid for the early entry....1R loss

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I'm with you on this one......I have waited so long for this to move up and will keep waiting. Price must clear that trendline then we could be off.

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Crude Sell orders cancelled as at the close I now have a buy signal. I am not taking this buy signal. The 102 area is not too far away and not enough risk to fade my bias. Gold Long orders cancelled as we have now broken strongly down through the ...

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True.....I would now guess that after today's close it would not have stood up to your scrutiny. Basically if I call long get short......I'm in the hole a bit on the Grains atm too.....

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Crude Shorting below 2 with stop above 3. Energies are looking a bit overdone. COT favours the short side. Looks a bit like a H&S pattern? [email protected] [email protected]

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Gold Looking to buy a break of 2 with stop below 3. The break above 2 would be a break above a significant trendline. Plenty of upside available resistance at 1700, 1750 on the way to 1800. Orders - [email protected] [email protected]

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Hey Stu, That is supportive also. For me its speculative as the trend is not confirmed up yet. Got long last week also. Despite weak prices on Friday across the Grains.

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Sure a bit....if orders get filled up there I am happy to be long (false break always a possibility though), if the low breaks first then orders are off. Its all about the order in which it happens and this is always the way when trading pinbars ...

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The weekly pinbar in formation on the GBP/NZD has my attention. Not that I am bullish the GBP but the NZD looks to be running into some heavy resistance at the same time. These two charts are in agreement. There could be a nice opportunity on one or ...

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Wheat ZWH13 Although a new bull trend is not confirmed yet, I have placed long orders above the 6th Feb high (pinbar). This is a pretty aggressive entry for me but I have no reason yet to not still be bullish (despite the recent LH and LL pattern) ...

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