USDCAD — Bottom of a shallow bucket forming on USDCAD at 12271? Rim at 12236-12379. Better one on USDCHF 11400?

No Brainer Trades

Ah yes I have that from the last uptrend but since the break I am concentrating on fibs from the downtrend. 23.6 is at 13230 not a million miles away. 38.2 is close to 13535 s/r.

No Brainer Trades

How do you get a 61.8 fib at 13240? Can you post a chart? I'm just interested not critical.

No Brainer Trades

Cable — Damn it. I should have had more confidence in 14246 which is also a 50% Fib sell trade would have just made 80 pips. cliffedwards said cable was looking toppy - listen to the guy!

No Brainer Trades

I stopped looking into stock correlation,it was very useful but became a distraction. Now I just keep an ear on what the squawk channel says. Break of 13081 had bullish significancce for me on EURUSD, 33 handle will be tested today but I haven't ...

No Brainer Trades

Since Jan 5th using this system I have identified over 350 pips a day on average(net). I take around half of those trades. December was too erratic. Yesterday I deliberately overtraded to see the results. The biggest problem is managing 10 pairs and ...

No Brainer Trades

USDCHF — 40-50pips available at each level 418 and 400(23.6Fib) - too many bites. The best reversals come after a strong solid delivery to s/r, this was messy. Never mind, a tad under 400pips today even after after a couple of losses - hence ...

No Brainer Trades

I'll reply in the morning... too much wine!

No Brainer Trades

It's approaching lunchtime in the US so it does get quieter. Whether I carry on past this time depends on: - if I've made target significant levels are in reach how delicate my open positions are significant news announcements whether I've got ...

No Brainer Trades

Tidy trading kojak!

No Brainer Trades

Spot on. I still have 11390.

No Brainer Trades

USDCHF — Similar set up now on USDCHF. 418-384 there is a daily TL. 23.6Fib and a nice round number! EFA

No Brainer Trades

Here's the link: - url My entry should have been 12147(+6), the top of the range. You could include 12070, but 12104 is historically very significant and coincides with a daily TL so I am looking for an entry range above that. Have a look back ...

No Brainer Trades

I always work on price zones rather than a single level. As it is very rare for a reversal exactly to the pip. Usually I use 2 obvious s/r lines but sometimes wicks form a zone. 133 is the close and open of the lows on 14th Jan on a 1Hr chart. I ...

No Brainer Trades

The best price reversals happen when buyers/sellers are tightly clustered together. Some of the buyers at the lower level will have been tempted in at a higher price so the reaction at 12104 will be weaker than is was. A reversal within 40-50 pips ...

No Brainer Trades

12133-12104 I'm going long.

No Brainer Trades

USDCAD — Classic set up now on USDCAD

No Brainer Trades

USDJPY — bumasoft Look for confirmation of your levels from highs/lows, Fibs, TLs, and round numbers.

No Brainer Trades

Cable — It is also a FIB 23.6 level - maybe a nice bucket bottom is forming?

No Brainer Trades

Cross characteristics change of course but in the past I found EURCAD would eat up my s/l with it's larger spread and big hourly ranges. Look at the size of the body on some of these candles.

No Brainer Trades