nice trade ... didnt see that one myself .. im guessing you took the break of the bullish bar after support was rejected ?

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Morning DB !

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Thanks for the chart mate. Im currently waiting for a break and retest of 1.3600 level for short opportunity. Although news coming out in 30mins

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Morning all. EU. ATM just Looking for a break above 1.3700 and retest for long entry and break below 1.3632 and retest for short entry DW, Any key levels you got up on 5min today ?

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Yea the tax advantage is cool, thats why major fx brokers like fxcm etc offer seperate 'spread betting' accounts for UK residents.

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Here in the UK we dont pay any taxes on earnings from Forex as long as you use a spread betting broker instead of a standard fx broker (they are both exactly the same e.g spreads, platform etc, just different names). The reason why its tax free is ...

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DW your lucky in regards to the time zone you are in becuase it allows you to have a full time job at the same time. Im in London which is also pretty good considering both the London and NY sessions are during normal business hours 9-5. Bad thing ...

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Morning all. Just woke up and its noon over here in London lol. Nice trade DW during the asain session. Any significant horizontal levels on EU 5min today ? Cheers Dan

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Ahh i see. What was the reason for not taking the first PB ..was it because the bar after that went straight down after the close of the first bar ? Dan

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Nice trade DW could reach the next .50 RN I guess my stop would of been a little tight. Do you have a set number of pips below an entry bar for a stop and above for an entry ?

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Just came back to see the charts, this is a trade that i probably would of taken but would of been stoped out pinbar after retrace and support level image

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E/U Big break past RN. Looking for retest for entry Edit. well it reached the 00 RN. without a retrace ... DW, would you still look for an entry on a retrace after such a quick move upwards passed both RN's ? Dan

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Cool, nice to know im looking at similar things. DW, do you only trade EU on 5min ? Dan

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Morning guys. DW, Ive got one of my main horizontal levels at 1.3478 area on EU 5Min. Is this what you've got aswell ? Im looking for a break and retest or either 1.3550 for long or 1.3478 for short opportunties Dan

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well, no trades for me today. Will be back 2moro to see what the market has to offer. Any trades taken today DW ? Dan

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yep that was the PB i was looking at aswell, didnt take it though. another PB has shown up after the break of the res and RN area now. I didnt take it but what do you think DW ? Dan

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yep im keepin a close eye on the res and RN area. hopefully we will see a clear retest and PA

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was thinking about taking a long position on the break of this pinbar but due to the large upper wicks on the previous pinbars i decided it was a little risky image DW, do you usually take a trade into a nearby round number like the chart above ? ...

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Cheers DW for the help. Oh I didnt' see all those charts your posted earlier with you levels, Thanks mate, its nice to see what your looking at on your charts, this should really help me out Dan

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Yeah price is now just consolidating. On the chart i posted, once price had closed above that res area would you have considered long position ? Btw, what are you current sup/res levels on EU ? Cheers Dan

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