Heres a thought... I hope I can make this clear. During High impact news events we see much higher volatility and we surmise this means there is very little liquidity remaining in the market. Continuing with this logic, positions will still need to ...

Price Attraction Points

Perfect entry for the day. Consolidation followed by a stop sweep that turned at the 50% retrace of yesterdays range. Broke the high of the reversal candle and away it went.

Tug-of-War Journal

I have been trying to break down the structure of the market as I see it into manageable thought processes. More simply put Trend/Range+Reversals according to the Daily Time scale, and the H4 Time scale. I know that the Movement of the market goes ...

Tug-of-War Journal

I want to document how I am using my moving averages, their purpose, and their importance. First, I am not using my MAs as predictive in any way. I have found all lagging indicators to be just that, 'lagging', and if they fall behind what is ...

Tug-of-War Journal

Just thinking out loud... Time to go to work. Got to save up so I can go full time.

Tug-of-War Journal

A couple trading rules — A few of my trading rules for documentation. 1: Buy Low Sell High. To me this means; Buy today's Low, Sell today's High. I don't like buying when Price is making new Highs for the day, or conversely Selling when Price ...

Tug-of-War Journal

Nice trade opportunity three and a half hours after London open. Chart 1: Entry chart. Chart 2: Fail-safe/Bail from bad trade chart. Chart 3: Road map. Chart shows we have strongly moved through the previous Resistance and trend will continue to be ...

Tug-of-War Journal

My latest chart pics. Chart 1: My PA chart. This is where all my intraday entries happen, and like its name it's all about PA. I have MAs on it to keep track of Trend/Range. I also have FFCal to keep track of scheduled volatile news releases. Chart ...

Tug-of-War Journal

Easy decision. No trade.

Tug-of-War Journal

Okay rejection here gives me a new opportunity to short. This is what I want. PA leads the way so if I don't see a rejection I stay flat.

Tug-of-War Journal

Got out break even PA looks to continue to upside for near future but I'm not sure so flat for now. I want my trades to quickly go my direction if they don't I minimize damage.

Tug-of-War Journal

I have three possible short side targets(thick blue lines). The first needs to be reached before I will even consider taking a long position. I want to sell todays high and buy todays low... Always trading away from strength and into weakness. I ...

Tug-of-War Journal

I wonder how many other people can say their journal is on the EURUSD thread?

EURUSD

Yet... We could always be sold out by our government.

EURUSD

We all know this is ranging so I'm feeling very bored right now waiting for something to happen. If I were the market(hehe) I would want to pop above 3156 to clear sellers stops(not going much higher than 3163) and then sharply reverse to take out ...

EURUSD

I'm Bond Batman!!! (Flicks Blanket-cape out of face and throws large pink eraser Frisbee style)

EURUSD

Ahem (clearing throat)

EURUSD

Here is what I'm talking about...not that it matters. LOOOOOtts of people saw that channel(wooohooo), but so did the institutions. They know that most stops are placed right there. So should they bounce price here(now) they will target those stops ...

EURUSD

BTW a bounce from here does see us going back to 1.32 in my very uneducated opinion. Then more downside than you can shake a stick at afterward.

EURUSD

Many thanks to those going long from the bottom of that channel for letting me target your stops. I think I'll be done for the day.

EURUSD