Hi Mongolian, Thank you for starting this thread and sharing your method, I plotted the 12.5pip lines on the two pairs I trade EU and EJ since i first read your thread around mid last year. What i love about this method is once the trend is ...

Make Money Everyday - A Guide to Short-Term Trading

Hi Cloggie, When you build a position like this one how do you trail your stop? Thanks

EURUSD

Cloggie or anyone else, Where do you guys get this information on when, date and time FI auctions are held and also the yields and spreads of each govt bond? Is it form your data provider or from a website?

EURUSD

Hi Cloggie, you mentioned 1.4284 as your target for your short position which played out. Can you explain how you came to that figure if you don't mind? S1 is 1.4292 A fib expansion of the previous up swing at levels 68% and 76% are close? or a ...

EURUSD

.....if a market’s price is going to make an exceptional move in one direction or another, it must first make a moderate move in that direction, leading to the conclusion that if an initiation can be made at that moderate level, the remaining ...

The PDF useful sources thread

easily seen...lol...for you and Medici I still have another 8,000 hours to go to see what you guys see automatically Thanks for the detailed charts and explanations as always

Psych Levels, Pivots, and Trendlines - Resurrected

Agree, thousands of ways to trade, the trick is to find the method that suits your psychology and perception of the market.

Psych Levels, Pivots, and Trendlines - Resurrected

Hi EV, yes I do bbut I also have the 3min 5 min and 15 min timeframes up. i sometimes take signals off the 3min. I use VSA also as I try to read the realtionship between volume and price range/formation. The longer MA is a 250wma Here's ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks mate, learning from the best I also took the same trade in EU you just took, however i exited a little too early....see attached chart.

Psych Levels, Pivots, and Trendlines - Resurrected

short eu — Hi guys, just closed this trade for +21 pips entry reasons: 1st pullback after fast MA's cross to bearish bearish flag, also clear on the 5min chart price tests the daily pivot point and the 00 psych level trigger was ...

Psych Levels, Pivots, and Trendlines - Resurrected

Not a typical trade based on this thread but thought I'd post it as it combined a couple of methods. Note. didn't take this trade, just example GU formed a 28 pip range bar on the 1min with highest volume for the session (using IB volume) signaling ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks Medici, I kind of suspected that Islander and your trade management would be as you both have described however guessing is never as good as knowing. Thanks again

Psych Levels, Pivots, and Trendlines - Resurrected

I find it amazing how price turns right on these levels, in this case 1pip over (on my charts). Thanks again to all you experienced traders for continuing to post

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks Islander, double thumbs up mate

Psych Levels, Pivots, and Trendlines - Resurrected

Trade Management Rules — To Islander and Medici, Is it ok to ask you guys what your trade management rules are once you're in a position or some guidance? I believe the entry is important but having terrible trade management will ultimately ...

Psych Levels, Pivots, and Trendlines - Resurrected

flag breakout trade — posting this only as a flag breakout trade, and rejection of Rmid just closed this short trade on the EU for+15 pips, all 3 MA's confirm trend, the entry was at 1.38075 target just under the previous swing low of 1.3795 ...

Psych Levels, Pivots, and Trendlines - Resurrected

To eyevoltage & Islander — thanks guys, just trying to join the 5% club and the bounce off 50% fib and the 50psych level as Islnder just posted has occured

Psych Levels, Pivots, and Trendlines - Resurrected

1st post — Hi Guys, 1st post in this thread, been lurking for a while..lol Learning everythin I can from Islander, Medici, eyevoltage, Vantage and some VSA Attached chart is of EU, price rejection at R1, price then breaks below the 1.3800 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Hi Vantage, it looks very similar to the TSSuperTrend Indicator that is available on Ninjatrader, not sure about MT4 platform. It's a combination of ATR and MA's. Basically a stop and reverse, the trailing stop is adjustable. It gave almost ...

Higher low, lower high system

short ej — 1st trade this morning, Asian Session. Short EJ off 50% fib level and retesting yesterdays close. 1st pullback to HullsMA after turning bearish. Highest volume for session on the 5min narrow range bar as seen on IBFX chart.

Islander and Medici trade the European open