100 MA and Round Number — Saxon (Marc & Co) ...nice thread going on here guys. I haven't posted here until now but I've been keeping tabs on your goings on I know you like the 100ma and round numbers ...Would you typically have ...

Nearly Naked (Simple Trades)

GU Short — Let's see

Intraday price action trend trading

Sho, Two points ... 1) I notice your 2 x SLs are not quite the same. 2) Also I would normally put my SL 1 pip above IB / Pin. Yours is higher. Can you explain? Thanks for your help. Rob

Intraday price action trend trading

A Requote is basically when the price of the underlying pair you want to trade is no longer the price when you submitted your trade ticket. Mostly occurs for market orders but can happen with limits and stops. Most systems allow you to specify a ...

Intraday price action trend trading

Yes Sho, I was not focused enough to move to BE. And that cost me 11 pips. Still a lot of wok to do.

Intraday price action trend trading

That's an 11 pip loss Can't and won't ever win 'em all.

Intraday price action trend trading

Pin at S&R & Fib level — Take note of this current set up (1 min ago) Remember - price can go either way but I'm short. Rob

Intraday price action trend trading

Support & Resistance Zones — The chart below shows why it is very important to mark up support and resistance zones on our charts. We might get momentum, IBs & OBs that suggest to us that we open a trade, but we need to take special care ...

intraday trend trading with price action

Consolidation before news — I posted this chart in the other forum and Sho has asked me to post it here also. It's 5 May and we have (potentially high-impact) news coming out of the USA in a few hours. It's important to be aware of the pennant ...

intraday trend trading with price action

Pennant forming before US news — The market is awaiting US news and therefore we see a pennant forming. This is time to take care and preserve our capital. Read more about pennants Rob

Intraday price action trend trading

GBPUSD short — This trade was not with the trend so it was riskier. But price reached a support and resistance zone that I like to have marked on my chart. The entry was also at the 61.8 fib level and the IB triggered the trade.

Intraday price action trend trading

Have a read through Sho's recent post on profit targets Rob

Intraday price action trend trading

Beautiful OB at fib zone — This is a very nice OB at a Fib level. Take a look at the 1hr chart and a head and shoulders can be seen. Can price break down or will it be rejected? EDIT: This is GBPUSD 15 min chart

Intraday price action trend trading

Potential GU set-ups in today's choppy waters — City, I did a similar exercise (before that recent nice move down) and below is what I saw (in hindsight) today. To keep the chart clean, no S&R has been used, but in practice it would be. With ...

Intraday price action trend trading

GBPUSD 15 min pin — The market painted a pin this morning at support and resistance and gave us a clue as to what might happen next.

Intraday price action trend trading

It'll be a long time before any man in British politics has bigger balls than Maggie Thatcher. Rob

Weekly COT report Analysis + Trade Ideas

Beautiful GU move to start the day — Here's a beautiful GU move I caught as a pin formed in a support & resistance zone this morning.

Intraday price action trend trading

I set TP (as above) Had to leave PC Came back to see price missed my TP by 1 pip and I was stopped out at BE In hindsight, I can see that I made an error as the "trouble zone" marked on my chart started at 1.5150.

Intraday price action trend trading

Great - please go ahead Sho.

Intraday price action trend trading

I also took that one Sho. Was your TP based on RR 2:1, 3:1, or different? (I've set TP at 1.5145 based on 3:1) SL now at BE Cheers Rob

Intraday price action trend trading