This market is fustrating the heck out of me today. I guess the market acts this way sometimes, nothing you can do about it. On the bright side, my USD/JPY be + 1 wasnt triggered...not yet anyways...it is back to 90.00 area again. That area is ...

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On all the setups that i posted:All the setups that i was following moved in the opposite directions of what i want with the exception of CADJPY. It is fustrating. Watching a setup moves nicely, then, when it is getting really ripe, it breaks down. ...

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Bullish EUR/GBP(30mins/5mins) is setting up.

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aud/nzd, nzd/cad, cad/jpy — Well, it seems that the last line of defense, the 61% fib level on EUR/AUD, has been rudely disrespected. Nullifying the setup Anyways, the AUD/NZD(long; 1hr/15mins), NZD/CAD(short; H4/1hr ), and the CADJPY(short; ...

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Potential EUR/AUD bullish trade. — BULLISH formation setup in EUR/AUD. Keep in mind that we have orange-labeled EUR news in about 3hours time. ADR = 123. Anyways, EUR/AUD is setting up for a bullish upmove in the 1hr/15mins time frame. ...

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Price target determination. — PRICE TARGETS DETERMINANTS: RN, ADR, previous swing, price pattern projection

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Use of Fundamentals. — USE OF FUNDAMENTALS. Since we are talking about modified hector trading. Here is how i use fundamental info with my trading hector approach. I mostly employ fundamentals when trading slanted trend collapse system. Like i ...

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Modified Hector ENTRY — MODIFIED HECTOR ENTRY techniques I have read a couple of posts with each person having their modified version of HECTOR's trading technique. I guess i should share my own. The first chart i attached is the way i handled ...

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CUSTOS modified entry — CUSTOS modified entry suggestion. url I understand what you are saying here, but this requires PRECISE entry. Essentially, you are trying to pick top and bottom on a trigger chart, that is just too high risk for me. I ...

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Just checking in on the USDJPY weekly/daily short trade initiated at 90.40. Market close now at 89.846. The 90.00 area was resilient. We will see how it goes next week. How it handles the 89.50 and 89.00. My second 1/3rd target is 88.60 for ...

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Yeah. I read about this in one of those books on technical analysis...in stocks trading, sometimes they will form gaps after gaps, furious runs, then violently collapse. They call them exhaustion gaps. Since gaps rarely occur in forex(except on ...

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NIGHTMOVES, This is the slanted trendline collapse of your EUR/GBP trade. I have attached the H4(1ST CHART) AND THE 1-HR setup chart (2nd chart).

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Trendline Collapse — I agree with pretty much everything you wrote, except that i dont go lower than H4 with my major trendline collapse. I would have drawn the trendline in H4, then zoom into M30 for my 3SMA alignment going upwards. The below ...

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CUSTOS, that is too scary for me! I leave that to the jedi masters(custos and nightmoves).

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Nightmoves, are you talking about the AUD/JPY one from DEC? That one was glorious. The DOWNWARD moving slanted trendline on the DAILY collapsed on the 29th at 81.50ish. Zoom into the 1HR time frame to get an upward moving 3SMA. That baby didnt take ...

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I get your point. Solid reasoning. Of course, how well the price action breaches the 50sma and how long it stays above it are also indicative. Good points all around, nightmoves. I have learned a lot here in a couple of days. Thank you. Thanks too ...

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I have seen 600 pips gain within 2 days. The standard ADR doesnt apply. In fact, based on what i have seen, that is generally when ADR gets beaten senseless like a redheaded stepchild. The price pattern projection tends to work in setting TP, but in ...

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Absolutely. Those SLANTED TRENDLINE is the major clue. I mean, look at every major severe moves in the forex market...more likely than not, it is the breakdown of H4, DAILY, WEEKLY, MONTHLY slanted trendline(ESPECIALLY, if those breakdowns were ...

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Makes sense to me...i guess at some point, it boils down to finesse and how well each person can read price action. What i was talking about earlier, about trend collapse and trending the opposite of it when the SMA on the lower time frame gets ...

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Price pattern projection. — Nightmoves, On the issue of price pattern projection. I do not normally use it(price pattern projection for my 2nd PT.) unless i am trading the formation of new, new trend at a smaller time frame(m30, h1) against ...

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