Thanks for that valuable lesson Sho, much appreciated. So....if the pros are looking to go short around a level they either take advantage of or actually engineer a decent looking move up past that level so they can sell into the flurry of ...

intraday trend trading with price action

If anyone wants a good reason to short AUDUSD then there's a very nice bar forming up in the next few mins.....

Intraday price action trend trading

Thanks Sho, I'll check it out.

Intraday price action trend trading

This is what I'm talking about guys......weird chart behaviour. Which chart do you believe? The daily or the 15 minute?

Intraday price action trend trading

I see it Sho, thanks. Is the last bearish impulse move strong enough to trade again if we get a reaction bar in the 50-61.8 region?

Intraday price action trend trading

I agree it looks like a very nice setup and we're just about to bump into a nice H4 swing low fractal. I see the daily trend line I think Sho is referring to. This has always confused me......in MT4 on the daily chart the price appears to have ...

Intraday price action trend trading

Was it the bullish engulfing bar following the stoch divergence that got you out of that swing trade Sho or something else?

Intraday price action trend trading

Thanks Sho.

Intraday price action trend trading

Quick question please Sho regarding that IB on EU. Piccy attached. Also, if the IB is broken to the upside first does this spoil the setup? The pull back is less than 38.2% - too shallow?

Intraday price action trend trading

It's really great to have you here Sho.

Intraday price action trend trading

That required a big stop didn't it Francis? 19 pips on my platform. No retrace to give us a chance of a lower risk entry either. Perhaps I'm looking at the wrong bar?

Intraday price action trend trading

Thanks for explaining Sho. I have read the material but I'll go over it again. I see this pair has just put in another divergence peak. Cheers

Intraday price action trend trading

I was almost with you on this latest down move Sho. I had a limit order to get me in with 10 pip risk but it missed it by 1/10 of a pip! Do you always use market orders to enter a position? Thanks

Intraday price action trend trading

Thanks for the heads up Sho. I'm trying to get a better understanding of divergence. Am I right in saying the divergence is not between the last 2 stoch peaks but between the current peak and the one 3 peaks back? I hope the attached picture ...

Intraday price action trend trading

Morning Sho!

Intraday price action trend trading

Signal bar forming up on GU but sideways action - too risky

Intraday price action trend trading

I agree, way too big. And there's something fishy about this down move. I think I'll join you.

Intraday price action trend trading

I'd expect to see a bounce here on EU. Monthly S1 with monthly support just below.

Intraday price action trend trading

The EU news is almost all good. Could this be just big player games trying to get in at a good price for the big up move? Don't worry....I won't jump until I get a signal! Just trying to understand market behaviour.

Intraday price action trend trading

I hate to see a perfectly good impulse move get ruined like that. I don't think any signals we get below the 61.8 level will be much good.

Intraday price action trend trading