For me, it's basically just reading about the markets, and using what information is publicly available (bloomberg, etc.-- we've been through these before) to try to figure out what the market is thinking, combined with the charts. If the EURUSD is ...

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I think GW nailed it. But yes, I think higher timeframes help, and basically the idea that you should be able to post a chart on a wall so to speak and be able to instantly identify key levels. Anything else and it could be looking into the market ...

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The one thing about TLs I can offer advice to is watch to make sure they are legitimate, obvious trend lines. It's very easy to 'connect the dots' to see a trade when they don't actually exist. Same thing with fibs. It's very easy to place them in ...

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Little bucket on the UJ around 97.00

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I got out at 1.2580, 60 pip profit (had trade execution 10 pips away from support). I still feel like it would go, but I'm not too concerned about it. I have to get to bed and I'd like to take some profits with me.

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I've moved my stop to break-even, and since my target is relatively small, I'm just going to let it go. If it does make it to close the gap, I'll be watching to see if it breaks the gap level, for a further target, but we'll see in any case. This is ...

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I think they key is, like Tori said, every trade is different. In terms of this trade, here's what I had in my notes, to give you an idea of what I was looking at: 1.2510/00 H4 bucket/ previous H1 bucket level Stochastics are oversold on H1, 30, 15, ...

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I took a similar trade on the EURUSD. It gapped just short of my first support, and then touched it to the pip on the next hour. My target is to refill the gap, stop loss is at 1.2480, 30 pips away. R:R is roughly 1:2.5 By the way, just started ...

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Nice catch. I just grabbed 50 pips on a small down trendline on the EURUSD H1.

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My key levels are basically support & resistance levels on the chart drawn up which I think are going to be appropriate given the environment. For example, yesterday I was looking for some retracement from the dying out downtrend, so I highlighted ...

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Hi linalm, Here is a (admittedly messy!) scan of the first page of my notes. There was a second page, but this gives you the basic idea of what I was doing, and what I was thinking. To give you a little more information: I clear my charts nightly, ...

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I believe the rule is after three consecutive down closes you expect a fairly large bounce. Don't think anyone expected that after the market started off so poorly, though... Also, the links Moxy_UK posted were good in terms of in-depth technical ...

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Sure, linalm. I'm at work at the moment and won't be home for a few hours, but I will try to scan the page from my notebook last night if I can to give you an idea of what I'm looking at and thinking. It is a little hectic looking and if it is too ...

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Ironman, who contributed a lot towards the pdf, used fibs a lot. He hasn't been around in ages though, and his blog appeared to be down last time I checked it. I use them sparingly, but always check them to see any confluence on longer term levels.

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BRV, last night was the first night I began writing down a plan, highlighting key levels and what I'd be looking for in other markets, targets, contingency plans, everything. Suffice to say it did wonders for my confidence as almost every level I ...

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Ah man, I had that 1.2400 level marked up and set an alert for it and even woke up for it... and then when I was waiting to watch it bounce (I set my alert at 1.2420) to confirm a fade, I fell back asleep lol. Missed out on a quick and easy 150+ ...

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BRV: after big moves (2-400 pips, depending on the pair), do you shift focus to short-term S&R/pattern opportunities that arise within consolidation? An example of what I mean is the trade you posted a few hours ago, long on the EURUSD. They ...

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So many opportunities this morning... and I can't get on my trading platform! There's a bucket on the USDJPY at 94.82, if I can log on I will be watching it for a counter-trend bounce.

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When playing reversals I think you're looking for a quick bounce off the price. However, that doesn't mean you still won't get a reversal. I'd be watching the Nikkei open to push it towards where ever it is going.

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I exited my trade at 1.2540 for 125 pips, as it's quite clearly in consolidation right now. Also, nice post on the blog BRV. Very insightful and encompassing considering it's just a few pages. If you ever go broke trading, perhaps you could become ...

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