Hope so Eric. I'm being more patient and conservative which has helped. Don't think I'll ever be as quick and aggressive as you though!

Intraday price action trend trading

Second trade GU. A little more risky and took a quick +10

Intraday price action trend trading

Welcome on board. All you need can be found here: url This is Sho's thread by the way. He's a talented scalper and a very nice and generous guy. No hidden commercial interests here.

Intraday price action trend trading

Cheers Eric. I still find it hard to see all those extra pips slip away though. Big daily resistance above 5781 on GU me thinks.

Intraday price action trend trading

1st trade of the day GU +18 (2 x risk)

Intraday price action trend trading

Thanks matlobien, good to be back here.

Intraday price action trend trading

Thanks for the great explanation Eric. You truly are a master of this method. I'll keep this in mind for later but for now I'll stick to the basics until my confidence builds. 100 pips a day will make you a very rich guy before long my friend.

Buildcity's Trading Journal

Yeah, I think you're right. I was waiting for some decent bullish momentum to get in on this but it never materialised. No worries.

Intraday price action trend trading

Nope, looking too strong for a turn down now. Did I miss any early signs of bullish momentum that would have got me into this recent move up?

Intraday price action trend trading

Thanks Eric, that would be interesting.

Intraday price action trend trading

EU and GU both look like bearish flags to me and are currently bumping into prior support turned resistance. Let's see how it reacts to the prior demand zones. HOWEVER, this is far more than a 3 bar pullback which is the max we should be looking for ...

Intraday price action trend trading

I don't know how you do those multiple entries Eric but it sure looks impressive.

Intraday price action trend trading

Is that hidden bearish divergence on both pairs too Eric? Anyhow, they're both sitting on demand zones so I ain't jumping.

Intraday price action trend trading

Momentum still seems to be downward on both EU and GU don't you think?

Intraday price action trend trading

Yes, sorry Rob, your posts have been invaluable.

Intraday price action trend trading

Yep Your constant referral to supply/demand zones finally got me thinking the right way. Thanks for that.

Intraday price action trend trading

Thanks for the advice Sho, great stuff.

Intraday price action trend trading

Thanks Sho. Could we have entered at the close of the momentum breakout bar or is it best to wait for a pullback first?

Intraday price action trend trading

Ha ha, think I better ignore my gut feel. Good job price action is my master now.

Intraday price action trend trading

Hi Sho! I've been out of the game for a while to make ends meet but have been reviewing trades on a night and I hope I'm coming back a little wiser and a LOT less trigger happy. Thanks for your continued input. It really is a great thread.

Intraday price action trend trading