There's news on the CHF - Consumption indicator at 9am GMT let's see how that could affect things.

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I got in there at 383 looking for the bounce too, until it bounced off my 426 line. Luckily I closed breakeven.

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Well done. At least someone benefitted. The Looney is not one of my favourites either but this level looked significant. I was so focussed on the pivot I completely forgot about trading the breakout. Ouch! I'll remember that one.

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If you are assessing each pair and potential position then you are approaching this the right way. As you said, BRV has given guidance, not rigid instructions. 12553 was certainly a significant level for USDCAD, ironically it would have been a good ...

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Have you read all BillyRay's links on page one of this thread? There is no shorter route to understanding the strategy fully.

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Yes, I was replying to your post on the previous page about the USDCAD and adding further confirmation to your level. However I didn't quote your post correctly.

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I seem to be talking to myself this morning but I don't mind! On the USDCAD around 12553 the is also convergence with a 4H TL (circled in red) that forms a countertrend channel - more confirmation?

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I make 1.2121 the 50% Fib retracement of 19/11 to 21/11 which is helpful.

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Quick Intro — Hi Guys I've been trading for a couple of years using TLs, Fibonacci, and S/R so hopefully I'll be able to add some value to this thread. Suspected pivot points will be posted soon, don't be afraid to question or criticise my ...

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