Perfect example of why you must wait for pin to break or else you hand a piece of your account over. This appears to be a convincing breakdown of 0.82 now, strong to the close. Longs are off the agenda now.

Silent Service Method

EUR/GBP — Another nice looking pin bar this time stretching down to the 0.82 level and then closing near its high, which is near the top of the recent range. This bar is more convincing and due to the resistance (multiple times now) at the ...

Silent Service Method

EURGBP — Looks a bit more interesting now....nice outside day pin bar even closer to the low My problem with the bar is it's in traffic as it engulfs the last 4-5 bars, so not really a clear reversal bar. I do like it to the long side here as ...

Silent Service Method

I shorted one of the pins earlier (few weeks ago) at 1.0 on the USD/CAD.....I suspected it would be supported by the 1.04 in Oil (at the time).....was not to be....did close out at BE mind you.....the trade was boring and going nowhere......this ...

Silent Service Method

The Silent Signal Service.....has a nice ring to it..... I think it would be a valuable idea. I do think a red/green signal is hopeless as no body can actually 'learn'. However, a Pair (or Stock or Future) with a bias and a few reasons why lets the ...

Silent Service Method

So far so good

Silent Service Method

GBP/USD - Pin — Pin bar popped up at 1.6, needless to say orders sitting and waiting.

Silent Service Method

Sure......but......its called buying strength after weakness in an uptrend. Its a nice hammer at a 'nice area'.....that is Chris's MO here.... You simply cannot knock a 'with trend' entry especially in very well performing pair over recent ...

Silent Service Method

EUR/CHF — After getting filled on the 8th Feb and being below the water line for over a month now (while collecting a small swap) looks like someone else decided to pile in long. Two days of larger than average buying on this pair (not the ...

Silent Service Method

Agreed.....will struggle there most likely.....what I now like is that pin bar (for the bounce long)...if this pin fails there could be follow through to the downside....with 1st hurdle being 1.04....

Silent Service Method

Aussie — AUD/USD - Broke and closed below the 1.06, I am now looking to sell a rally here.....I feel its going down. AUD/JPY - The JPY was so oversold it was due a bounce (big rejection at 88), sell a rally in that one too as a reversion to ...

Silent Service Method

A well written extract of an article I read on another forum....... "Trading is about being okay with ambiguity. It's about tolerating confusion. It's about sitting with discomfort and being at peace with it. It's about not having an exact script of ...

Silent Service Method

I also got stopped out on the EUR/AUD short....I had managed to trail stops down a little to reduce a full 1R loss. As a side though...personally I am less happy about being long the AUD/USD at the moment anyway.......I will only consider buying ...

Silent Service Method

nice, me too.....your not alone

Silent Service Method

Thanks for your kind words......unfortunately its something most people need to go through to move forward with their trading....just make sure you don't blow you account while learning by risking too much....another common problem.... All the best ...

Silent Service Method

Thanks Chris.....

Silent Service Method

I am getting better....I look once a day now....it used to be at least 10 times a day. I got sick of the anxiety of watching my positions go from green to red to green to red. I finally feel free from the charts....Chris had talked about this many ...

Silent Service Method

I have the solution......STOP WATCHING IT!.....its your fault its not breaking down..... I'm still holding my short and until you stop looking at it twice a day it will not drop.....

Silent Service Method

Commodities vs Yen also........long covering to come? or full blown reversal?.....

Silent Service Method

AUD — My thoughts on the Redback (AUD) for what its worth..... AUD(Futures) Monthly Chart - Shows potentially the biggest Double (or tripleish) Top in history. Weekly Chart - Clearly shows we are in a range between 1.08 and 1.06, moves above ...

Silent Service Method