For what it's worth, the only use I have ever found for a trend line is on a weekly chart - it shows trend in my opinion.

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Look what I found today.....I probably will get involved tomorrow. (I don't normally on NFP Friday, but this is a long-term set up.) This is what I mean by "knowing the pitch being thrown to you".....this is one that could be a home run.

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Free advice for Friday's trading. — Friday is a Non-Farm Payroll day. Let me give you this great trading tip: Trade sitting at the computer trying to make money for time well-spent with your kids. Or maybe that project you need to do? How ...

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Yeah....I got stopped out at b/e as well. I have to admit though....I got back in at 1.74 - on the "pinbar" (15 min) being broken. Like I said earlier - if I know I want in, I will do it on smaller time frames sometimes. So far got 42 pips back. CW

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Yes, I add only when there is a separate reason (new trade) to get involved in. I only keep the size smaller so it doesn't overtake my original trade, thus making a winner a loser.

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Yes, exactly. With a little luck, it will run hard enough to add to the position as well. (But that's a whole other type of trading.) In a nutshell, I like to add when I can.....but smaller positions than the first. (That way draw downs don't kill ...

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Actually, had I taken that trade, I would still be in it. I would set my stop at LEAST 10 pips below that pinbar. I would also probably put it behind a round number as well. (00 or 50) SO to be honest - if I were in it.....I would still be. In fact, ...

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I do like that bearish outside bar mainly because it breaks below a pinbar. However, I also know it's common knowledge the Swiss National Bank is presently intervening in the markets to weaken the Franc. I never go against a central bank. When I ...

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At one point earlier in this thread, I mentioned that I sometimes will enter on a smaller time frame than the 4 hour chart. (If, and only if I know I want in.) At the break of this triangle, I was waiting. I finally got that signal this morning on ...

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so what are you naming the new yacht?

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would look for a bounce, but not necessarily a trade

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GBP/CHF has broken 1.75.....now it's time to see if we get a bit of a pullback, and some Price Action. This is a trade that I will be taking for more long-term, if it pans out that is.

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Based on what?

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A trade I got in on Friday. — Attached is my chart, sorry it sucks - it's the Interactive Broker's charts.....great broker, horrible charts.

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I HIGHLY recommend John and Wade's videos. A great place to learn general knowledge on several markets. A great place to start on options, stocks, etc. There forex videos are really good as well. CW

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nice trade!

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I might add 1.47

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Yes, except NFP is always on the first Friday of the month.

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Raghee Horner's stuff. Ugh.

the worst indicator and system that you used before!!

I have mentioned a few times in postings and the primer for reading, Martin Pring on Price Patterns.

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