So far trade running to plan. We went below 1.5200 came back to test the RN/London open low. So we trust this is not a 15/85 trade and the move will now follow through lower. We'll see.

Higher low, lower high system

Sold GU after the 15 min 2b shooting star. Entry at 1.5217 (yes entry was a little late). Just moved below the RN will post charts if it sticks. Will be looking for US session to bring EURAUD back into trend.

Higher low, lower high system

31 July 2013 Click on date for 4hr charts. EUR - D closed a doji range bound between 1.3300 and the W pivot 1.3235. 4hr and 1hr charts are a mess. Whilst things may become clearer as the day moves on there have to be better pairs than this to trade. ...

Higher low, lower high system

Thanks for those kind words. Cheers, great trade.

Higher low, lower high system

I am officially putting this down as a good call. The 1hr upper wicks mentioned see the x. If the RN was to hold surely the candles would have closed stronger? Got home found Mrs V in bed with her back/neck issues and we missed out on this one. Oh ...

Higher low, lower high system

Why do I think it will fail? After the LO push below 1.5300 failed this morning we have had 3 x 1hr candles with upper wicks, the last close a doji rejecting W M2 at 1.5319 + and the Asian session low. If buyers were active at 1.5300 there should ...

Higher low, lower high system

Nothing is ever guaranteed and the market will do what its gonna do. I think it will fail but I don't know. A decision has to be made that sometimes will work and sometimes it won't. Whilst bias is down it can just as easily jump up from the RN as ...

Higher low, lower high system

30 July 2013 Click on date for 1hr charts. EUR - We did retrace lower as mentioned and now have a D evening star pattern, albeit weak as RSI has not crossed its signal line lower and we are above the 8lwma. The 4hr negative divergence might have ...

Higher low, lower high system

29 July 2013 Click on date for D charts. Fri we considered selling EJ but for one reason or another blew it in US session. No trades taken. EUR - D closed a doji after moves during the London and US morning sessions failed to break Thursdays high. ...

Higher low, lower high system

26 July 2013 Click on date for 4hr charts + EJ 1hr. EUR - UK morning news pushed EUR down to a previously identified support area, Mar/Apr lows. From there moved up in line with bias, continuing higher into the US close at the Dec '12 highs/W R2. ...

Higher low, lower high system

I see your TP got hit, nice one.

Higher low, lower high system

25 July 2013 EUR - D closed negative after London open move up, RSI is flat and we are above the 8lwma so nothing convincing yet for change in D trend. 4hr still on higher high higher low after giving a counter trend sell signal with RSI cross ...

Higher low, lower high system

Is discretionary trading going to fall away? I doubt it. Ignoring the adverts for the make millions in 6 weeks if you just pay us $300 for our proven EA (but strangely no proof provided). Whenever I see actual proven results from people that are ...

Higher low, lower high system

1hr hammer, higher low in uptrend. After a very strong run up after LO already for this US session trade an exit at W R1 is reasonable +62. Not even oak trees grow to the sky. Happy with this considering this mornings missed entry to the bigger part ...

Higher low, lower high system

Got to +35 or so and moved stop to BE. Mrs V is not happy but we have had several rejects at this level over the past month and even a large stop could get hit. So its BE or we pop up.

Higher low, lower high system

Bought EURAUD after the 1hr hammer 1.4369. We have 20-30 pips to the high and will have this one on a tight leash. Will post charts if we pop up.

Higher low, lower high system

1hr positive close at 1.4280, cleared the immediate range. Did not generate a 3 bar reversal signal, whilst we closed higher than the previous 2 candle closes, both were green. Need 1 of 2 prior closes to be red for the indi to alert as a buy. Both ...

Higher low, lower high system

24 July 2013 Click on date for 4hr charts. EUR - D closed positive above the 11 July high on another low range day, we are above our moving averages and RSI 50 level. 4hr upper wicks but flow higher high higher low. 1hr has made a lower high in ...

Higher low, lower high system

Chart from yesterdays trade held over night. +67. Both today's trades were out at BE.

Higher low, lower high system

EURAUD 1hr a massive upper wick shooting star. Yes we are above the 8lwma still (so not entirely convincing as to move down) but with that 1hr candle will exit at BE and live with whatever happens.

Higher low, lower high system