No I didn't think that would hold again. Text book set on EURCAD though, not a pair I trade but it was such an obvious one with plenty of space, I'm annoyed I didn't see it sooner.

No Brainer Trades

There she goes north. looking for an opportunity 8970-9015. There's a Fib 38.2 in there at a round number 9000. ETA : And a daily TL.

No Brainer Trades

Interesting...

Daily candle chart

USDCAD — Just running a bit of commentary on USDCAD as much for my benefit on a Monday morning. Hourly close above the daily support 12225 (I moved it) favours a climb in price...

No Brainer Trades

This might be your 12225 BO Siam. Too much traffic 3 weeks ago for it to make a clear move, we could be here for a while.

No Brainer Trades

Nooo! I'm looking for longs in USDCAD today. If not here then 12104.

No Brainer Trades

Hi Siam I've got a range of 12228- 12189 to play with.

No Brainer Trades

USDJPY — USDJPY Triangle clearly visible in 4hr, due for a break out?

No Brainer Trades

The range is 5349-5397 with a 23.6Fib that got tested on Weds. There is actually a triple bottom 5167- 5172, so IMO it's unlikely we'll see another bounce from there soon.

No Brainer Trades

Trend line.

No Brainer Trades

I expect NZDUSD will test 5397 as it hasn't done yet. A nice round number and a significant low from 16th Jan.

No Brainer Trades

I was expecting a bit if a bounce from that 1st line on Friday. Too much momentum I guess.

steelhead trade journal

Do you believe in the ressurection?

No Brainer Trades

That's good to hear. I have always admired the FX traders in the US who are up for the London open. I just couldn't do it - I'm completely useless if I lose 1 nights sleep!

steelhead trade journal

This gets asked several times a day.

No Brainer Trades

Obviously this worked out despite not being in an ideal place. Quick strawpoll - do most fx traders use their own timezone or GMT or EST?

james16 Chart Thread

S/R in weekly daily 4h 1h, I only look at 15m or 5m to pinpoint an entry when I have decided to enter a position manually.

No Brainer Trades

He's busy in his real job apparently.

No Brainer Trades

Similar set up iminent on NZDUSD libb?

No Brainer Trades

None of us see all of them I get overwhelmed with all the pairs I watch, that's why 2 heads are better than 1. Or should that be 12 heads are better than 1? I didn't see the TL, I only use them in 4h if they are really obvious otherwise I would be ...

No Brainer Trades