Hi aftab. Your harmonics lessons. I just got a harmonics pdf/book that I'm looking forward to digging into. Hopefully, I'll gain a little more insight. On this EUR/GBP setup that you've noted here: I saw this one as well (probably more luck that ...

Damion's Tribute

Thanks for the compliments, and no worries about rushing trades here. I probably under trade, if there is such a thing. The breakout play does seem to be the best way to go with those pairs. Since most seem pretty well correlated at this point, I ...

Damion's Tribute

Almost forgot — What do you folks think about the price action in many of the JPY crosses, and the NZD/USD (AUD/USD kind of too). That looks like some pretty strong signs of a bottom to me. At the same time, maybe we'll see some PA as the pair ...

Damion's Tribute

Wow, did I miss a lot, or what? — Thank you everyone for your contributions. There is gold in this thread. Somethings I feel pretty solid on from previous learning, and some of them are helping to solidify what I felt I knew, but wasn't 100% ...

Damion's Tribute

I really appreciate the lessons aftab. Looking at the last example you posted, I have to admit that I would easily have missed that one. But, my eyes do seem like they are opening. Thank you.

Damion's Tribute

Absolutely. Especially in regards to profit taking. I believe that to be the most difficult thing about trading. I finally feel comfortable about my decisions on where to TP because of them in conjunction with s/r levels.

Damion's Tribute

lol at old timer I still feel like a rookie. I LOVE horizontal S/R lines. I'm salivating over that area. However, this pair can be so volatile that I think I'd prefer a close under that spot. Maybe we'll get lucky and get some action like EUR/GBP ...

Damion's Tribute

Thanks for the link and feedback! That Cable gartley that I think I saw obviously failed. I didn't trade it, even with the minimal risk that comes with gartley patterns, for the even more obvious reason of the looming BOE rate decision. Just trying ...

Damion's Tribute

I definitely like this pair for an extended trip south. Looks like it put in a potential double top at the end of April, and has been in a descending triangle since then. It appears to be accelerating the decline as the last pullback fell short of ...

Damion's Tribute

Gartely? — To echo Nimrod's post, this thread really is great. Thank you soya, and to those of you contributing. I don't get a chance to watch the charts like I used to. That has left me watching the daily charts for the most part (which may ...

Damion's Tribute

Hey soya! I'm very pleased to see you start a trading journal. This will be one of the very few threads I'll actively visit. I've been focusing on the daily TF as of late due to my schedule, but I still love this method. -Hoping to learn

Damion's Tribute

DST — Are you guys changing your day open times this week? I didn't realize that Europe wasn't changing their clocks until March 29th. So, that would put Frankfurt open at 3:00 am EST. url

The DIBS Method... No Free Lunch continues

Thanks for posting your charts soya!

A,B,C,D - 1,2,3,4 System

Are you typically able to identify those bad fading days? I mean the options exp days seem to be one of them. Is this end of month/quarter typical too?

No Brainer Trades

I'm Midas' bad twin it seems. I'll be standing aside now.

No Brainer Trades

I just went long at 1.4120 with a 30 pip SL. Not a big trade or risk, but I'm walking on egg shells this week. I have virtually no resolution with any trades. This is just one of those I couldn't pass up. Same as the USD/CAD short at just 1.059. I'm ...

No Brainer Trades

As you've said the JPY crosses seem to be driving the market since this crisis peaked. Upon approval I expect the crosses to rocket up and bring the USD pairs most linked with the JPY crosses (like EUR, GBP, AUD, NZD) up with them. Then I expect ...

No Brainer Trades

JMO, but I don't want my calls anywhere near BRV's. No need to sully his like that. If we're not tracking anymore, that's fine. We can all still share our trade plans here.

No Brainer Trades

I think it's safe to say that there's a bit irrational sentiment going through the market right now.

No Brainer Trades

track — If we're still doing that. USD/CAD Long 1.0321 - 1.0294 I like the lower level better, right around the figure. 61.8 from the latest big move up, and 50% from the lows of May. My only reservation is that oil is rocketing up, but we ...

No Brainer Trades