Waiting on that area as we type.

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Waiting for next bounce @ 1.2971 area.

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Thanks. Yes, this market will teach you a lesson in a heartbeat. 1.3010 is what I'm eyeing on, too. With 1.3182 as my tp.

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Thanks. Now itching to go long, but waiting out.

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Whenever I do that, the market comes back and teaches me another lesson. But am waiting on next signal.

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Out +53. Nice bounce.

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That's never really bothered me. Ever since I've improved on where to enter, I just let it ride. Nine pips to go.

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Oh, on set and forget trades, I leave it alone. Scalping, I just leave it alone, because of the (price comes back up and retest) type scenario. Got burned too many times messing with the SL. If I were to leave it alone, I wouldn't have gotten ...

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I put my sl two pips above the current hourly high. I make them tight for scalping. If I'm wrong, I'm wrong, then move on for another set up. With tp I just look at the next horizontal line on my chart, based on squaring price, for possible next ...

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Sorry. Just woke up, not enough coffee in me yet. After subtracting -0.25 or whatever increment number, then square that number, and you'll get your next price line.

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Agreed. When I place my stop orders, I have at least a 1:4 RR, trying to move it to 1:5. Set and forget is a lot less stressful, too. Plan your trade, then trade your plan.

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Thanks. After finding the square root of the high (13200.7) the decimal point has to be moved four to the right, for this to work on currencies, then I have 114.894. If it's a top, you subtract on down. A low, you add on up. Subtracting two from ...

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Google "Square of nine." That will get you started.

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Great advice on limits. What I've been doing lately is find the range, then put a sell stop a few pips below yesterday's low, and buy stop a few pips above yesterday's high. Then just scalp the range during the overlap. So far, so good.

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Thanks. And all I did there was find the square root of the swing high on 4-16, then subtract in increments of -0.50 on down. Then square it. Price went down to 180 degrees, then came back up to the 90 degree line and shorted from there. Now ...

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I've learned the hard way with buy limits and sell limits. Trying to pick tops and bottoms. Ever since I switched to buy/sell stops, much better results. Let price come to you.

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short @ 1.3083 sl @ 1.3095 tp @ 1.3028

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Yep. Just waiting on a signal.

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Same here. I've got 1.2971 as the line in the sand.

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