Gator, I mainly try to use mid-fibs on 15M timeframes. Looks strange but it has two uses 1) several spikes penetrate through a fib level to form a pin bar. I wait for these spikes to hit or come near to these mid-fibs. Catch PA in this process and ...

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I am sorry ak. Hope it does not affect your trading much.

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Yes Gator, But I would like to add that only bring the rest half to BE after pa stalls at next level. I had many BE trades stopped out because of noise, so now I take time in moving the sls to BE. Even if sls get hit before moving, the worst outcome ...

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"Means", some people refer to them as "Medians" or "Mid Points". Add the figures above and below an "M" divide the sum by 2, round it off to four decimals, and see the magic.

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Yes, market has lately given me some temporary loan, but I am not sure whether it sooner or later ......... who knows?

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Thanks AK. Do you know we every day wait for this chart and how helpful these are? They are my lifeline.

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Thanks Knuck. I now do what you have advised on 15M to daily. Following this method, even that big retrace of today did not give me a loss, left me at BE (less 2 pips )

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Don't worry. I just checked from my other chart. My F&%#ing working chart has soo many lines that last night I even missed a couple of trades, couldn't locate PA . Yes, that big chart tells that we are now below that 50% and looking straight down.

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I too believe we are in a range. Anpther way of looking at this: Sideways is before a change. If we are sideways, as we indeed are, what would be the change? If change is reversal of this uptrend, there will be a down channel. What this down channel ...

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I have both new channel down and your support trendline up on my chart. But don't think drawingboard at the moment is right tool to speculate a direction. Lines will lead us to believe whatever we want them to tell. I think this is time we should ...

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My friend, as we discussed earlier, you may like to use consistent risk/reward amounts (or uniform position sizes). I just added to my longs, but know when will be the time to switch position ..... and exactly how much this friedship with trend will ...

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Sorry Knuck, I was away for a while. Yes this is what I do. Enter with 1:1 r/r, put sl at convenient place, take 50% profit but do not move my sl (because they are at very logical places). Now if trade turns against me and hits sl, I am stopped out ...

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Thanks Jay. I am sorry for your loss, but there will be another opportunity with another independent outcome and so on. As we say, there will be many hats for you as long as your head remains on your shoulders.

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Thanks. You gave me a clue. Accumulate as many no risk (BE) trades as possible and let them run. Let me try this one.

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5abi, thanks for the feedback. I am still in the process of switching from counter trending to trend trading. My first two weeks have been very successful. I think my earlier post was a little messed up. I went short last night at wrong time and ...

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4H sounds good as an start to change from 1H. Yes, I commited the mistake of going short last night. It passed right through my three support benchmarks. Huge drawdown until morning, then reversed my position to long at the fourth support level of ...

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I appreciate your medium term trading, however, have one question. How it feels when one waits for a trade for days but market dynamics change soon after entry? and how often is that? Want to learn from you as I am thinking about moving to trading ...

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My spread on EU is a bit higher than usual but not very high like yours. However, noticed something strange today. Positon prices tally with chart prices but unrealized profit figure is sometimes different when PA comes back to same level even if ...

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But sometimes it acts as hedge against abnormal spikes in one pair. Like for example, there was a spike up on EU at NFP release time (before it ultimately took south direction). But no similar spike up on GU. However, like you said total risk in one ...

StewartR - I want my trading to be boring.

North, on daily timeframe, but beware of strong resistance ahead. Trend is a trend unless it reverses.

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