And after my above post, a nice bounce. Maybe the start of reversal? Will have to wait and see, as I see the first key support level around 120. But if support forms above that, i.e. at current level, then maybe back in Bull City Baby!

Bull City Baby! Buying Opportunities

While waiting for the reversal of the retrace, I wanted to explain a bit more on my tight SL philosophy. I strive to enter with an SL around 10-30 pips (depending on S/R levels). And in a situation where we have a retrace such as the one currently ...

Bull City Baby! Buying Opportunities

Yes, definitely do not see any signs of decisive upward movement yet. And I'm done trying for small pip change today. Waiting for the reversal...

Bull City Baby! Buying Opportunities

Any who are waiting to go long. Sit back, relax. Our pip target is growing, 120+ pips so far. I'd love to enter around 120, and go for 180+ pips on the rebound. We'll see when price decides to turn up. So far, I'm not ready to enter again long yet, ...

Bull City Baby! Buying Opportunities

Okay, price has stayed above 120.662 for 4 hours. However, bears have won the H1 candle battle 3 hours in a row. I guess read that however you will. But, I think safer to wait for entering long. All who entered long with SL around 120, of course, ...

Bull City Baby! Buying Opportunities

We might have to get together and compare notes, as we both make these types of calls. Love your confidence. And I do hope you are right, since I'm tired of watching this thing and wondering if my entry was good

Bull City Baby! Buying Opportunities

Yes, I trade with tight SLs. I'd rather take a loss, and enter at a lower price, than watch a drawdown. To me, it's just admitting when I'm wrong. If price moves against me, then I'm wrong. I don't want to sit in a trade hoping that I might be right ...

Bull City Baby! Buying Opportunities

ha ha, I hope so, came less than 2 pips to my SL at 120.73 Consolidating here. Will need to take out 121.08 to confirm effort to rise from here.

Bull City Baby! Buying Opportunities

back in 120.83

Bull City Baby! Buying Opportunities

went ahead and TP, but that's just me, since I wanted to make up for prior losses... Will be waiting for better entry signal. I still think this area could be it. We'll see...

Bull City Baby! Buying Opportunities

I'm waiting to see how the price reacts to current level it's trading at. Looks like it wants to find support. My TP is open ended right now, kind of watching to see how it unfolds...

Bull City Baby! Buying Opportunities

Yes, I leave it at 2. I don't always use BB. But it helps sometimes to remind me when the price is trading at an extreme. If it it also lines up with S/R levels, then can be a pretty good indication of a reversal, especially on retrace of a strong ...

Bull City Baby! Buying Opportunities

You mean my entry at 120.75? So far so good

Bull City Baby! Buying Opportunities

I wanted to share one thing I look at sometimes, in a strong trending pair like UJ. I put a bollinger bands on my chart with 100 period. Then whatever time frame I look at, I note how the price is reacting to the outer bands. On any given time ...

Bull City Baby! Buying Opportunities

Ha ha, hope so I've submitted for cleanup, and have "begun" my ignore list. Hopefully I won't end up with an ignore list a mile long...

Bull City Baby! Buying Opportunities

Of course. Any buy target is a good target in the Bull City Baby! I usually target the prior high when I enter on retraces. But right now, I might only get 20-30 pips from 120.75. We'll see...

Bull City Baby! Buying Opportunities

Yes, and here I go again, entered at 120.75. I can feel the reversal here. Price is trading at the lower extremity, where it always reverses. Obviously, if it doesn't reverse here, we go down further, but I'm willing to risk it one more time. But ...

Bull City Baby! Buying Opportunities

Definitely waiting on sidelines now SLd three times with risky trades. Will wait till I see it turn...

Bull City Baby! Buying Opportunities

Please. I don't want to have to start ignoring members to keep them off the thread. Not posting about shorting means not posting about shorting. I don't think the rules can be any clearer on that.

Bull City Baby! Buying Opportunities

Yes, and I'm also sure Warren Buffet doesn't trade on the 1 minute chart

Bull City Baby! Buying Opportunities