I think that looks like a good bet on your part. Also, it validates the pin that never broke yesterday on AUD/USD. I don't worry about the pin not breaking as Friday was May Day, and most of Europe wasn't active. Because of this, it was low volume. ...

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I am currently doing a video series on stocks for the J16 area, and WMT happens to be one of them. But you can look into a site called stockcharts.com url They have a screener you can use that looks for daily candle formations, etc.

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If you make those two bars one.....as in a 2-week bar - it actually forms a pin. And yes, I plan on entering at about $51.25

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Set up I noticed doing my weekly review video.

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Ahh......and this is where trading gets interesting. To be honest though, there are worse problems to have!

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I personally think it's still trying to make up it's mind. This happens sometimes, and you are doing the only thing you can or should - let it show you what it wants to do, and follow! Good chart.

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Flav reserves the right to make an appearance at any time.

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I would consider this trade, but think of it more like baseball: Not all pitches are worthy of swinging for a home run. Sometimes the pitcher throws a decent pitch, but you are aiming for a single. The gold one is more of a single or double. I am ...

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The one thing that scares me is a pinbar going against me. I typically will place my stop about 20 pips ABOVE that pin. The thinking being that if it gets up there - I would have a signal to go long, and therefore, no reason to be short. As far as ...

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I promise you, if your trade works out like this - you will never look back. Trading will have changed for you, forever. Congrats.

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It's possible. I know that several pairs that are "stock positive" went right up, yet didn't hold above major levels. Interesting. I am still watching AUD/USD myself......

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One I am watching.

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Yeah I saw that one. I didn't take it either. Ugh.

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Update on booklet — I have the first 5 pages done, trying to finish it over the next couple of days.

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That's good. I know that at times I have to do the exact same thing. I hope you put it behind a nice cluster on the chart so you have a chance to keep going. Sometimes life gets in the way - that's fine. Have I ever had a trade taken out while at ...

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This is a psychological question more than anything else. Here's the answer: Do what you are comfortable with. NOBODY can tell you what's right or wrong. There is no right or wrong answer here. It comes down to what you can sleep through. THAT ...

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It's a fair long, and in fact - has already triggered......which brings me to the next post.....

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Post away, by all means. I don't have an issue with people trading IB or IB4's, it's more of a personal preference for me is all. And yes, I use most if not all of what you do. My biggest break through came when I started to use less of it. (For ...

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Right.....I re-shorted as well. To be honest, I think that until 1.25 gets taken out - I am looking for shorts.

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Wow. That's absolutely horrible. I hear that there was similar things going on in Eastern Europe for people taking out loans in CHF for mortgages, etc.

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