Summary — I still cant post any charts but here is a brief summary of the trades that occurred today EURCHF: 51 pips USDCHF: 31 pips GBPUSD: 22 pips EURJPY: Currently up 10 pips USDJPY: Currently up 10 pips 5 trades 5 winners - 124 pips! Still ...

Simple Simon Balance Line Trading

EURJPY — Anyone catch the bounce off the blue line for the EURJPY?? Another strong move. I tell you i have never missed so many trades. I could be up well over 100 pips today! Codemeister if you are reading this, can you help with the alert ...

Simple Simon Balance Line Trading

GBPJPY — GBPJPY has movd off the blue line and is now coming back. Heeeeerrreee pricey, pricey, pricey....want a piece of candy?

Simple Simon Balance Line Trading

Sorry I cant post any charts, I am down to posting from my iPad. The internet in my room is terrible. Live on a military camp and have to rely on VERY SLOW internet. Thank god MT4 doesn`t require a lot of bandwidth. Anyway potential bounce onEURUSD ...

Simple Simon Balance Line Trading

I am so sorry I missed your question YES it was valid and I hope you took it. I missed ANOTHER ONE - Calling all coders - WE DESPERATLEY NEED AN ALERT INDICATOR for this method!

Simple Simon Balance Line Trading

I didn't cover the AC or AO oscillators in this thread. They can both be read about in Bill Williams book's or do a google search. Alpari has some good coverage on the oscillators as well.

Simple Simon Balance Line Trading

I set the stop at the high/low +(plus the spread for buys) - (minus the spread for sells) plus or minus 3 pips Bounce candles in big trends are alot of fun!

Simple Simon Balance Line Trading

EURCHF — Stop still intact after brief upswing. We'll see +74 pips locked in from 2 trades.

Simple Simon Balance Line Trading

Thanks again Adam! Yes I have been watching the EURUSD all day but am leery of it because of the bank holiday. I've got 74 pips locked in right now from the EURCHF trade, i think I might just call it a day and let the EURCHF finish doing what it ...

Simple Simon Balance Line Trading

Guitarbloke, Since you are demo trading now is the PERFECT opportunity to learn patience. Let the trade progress. Set your stop loss and let each new candle form and finish. If price hits your stop loss, then the premise of the trade was wrong and ...

Simple Simon Balance Line Trading

Stopped out — So the USDCHF would have been stopped out at 31 pips! Good, now I don't have it watch it keep going down in disgust!

Simple Simon Balance Line Trading

EURCHF — I guess having 50 pips locked in on one trade and 24 on another is some consolation from missing the USDCHF trade. Still not ready to move my stops yet. Would be too tight and PA has slowed a bit, besides I think it will still go down.

Simple Simon Balance Line Trading

Why - o - Why couldn't I have been in on this trade?? I would have 31 pips locked in now, and just sitting back and watching it - stress free

Simple Simon Balance Line Trading

EURJPY — EURJPY setting up for a potential bounce off the blue line

Simple Simon Balance Line Trading

Price action feels weird today - I'd put a trailing stop on that if it were my trade. Just seems like it is struggling upwards

Simple Simon Balance Line Trading

GBPUSD — GBPUSD was a good call - moving upward nicely! Wish I would have caught it@

Simple Simon Balance Line Trading

That is good advice. If my AUDUSD doesn't trigger I think I'll just ride my trades from EURCHF and call it a day!

Simple Simon Balance Line Trading

Entry looks valid. Keep stops tight due to bank holidays!

Simple Simon Balance Line Trading

AUDUSD — AUDUSD bounced and closed below the blue line: Sell stop at: 1.0550 Stop at: 1.0585

Simple Simon Balance Line Trading

Cancelled — I cancelled this pending sell stop. USDCAD is going rangebound.

Simple Simon Balance Line Trading