Gator, I chickened out from that big W you indicated few months ago. It is almost complete now. But the right cup is not like the left one. Left one was a spike, right one has several tiny legs or threads

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Fx. I was at the sidelines after managing to get a BE on my yesterday's shorts. I decided to go for this testing trade in closing hours when a retrace has most possibilty just to test my new system in worst case scenario. I also want to know truth ...

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Don't worry Gator. You may get a hint from my trading that I can't see anything unless it is in brail.

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In a previous post, I pasted links to features of my system. You may like to browse through that post. To summarize, my method is a kind of martingale, but I am now trying to minimize risk of a Monte Carlo system. The only thing I understand is to ...

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Thanks F.X. I am fully aware of the risk and I am taking less than 1% even if it goes to 1.2850. My this move is just a a critical test of my new method. I am definately playing a rejection and retrace but in my own way. This method worked in ...

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Gator, Yes I am definately playing a pull back, but according to what my method tells me to do. My mehtod doesn't mind giving first and last few pips to others, this is my insurance.

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Good point. Let me explain. There are only two possibilities: 1. It will bounce from this resistance 2. It will break this resistance Option 1: Do you think PA will give only one try to break this resistance? I don't think so, I will buy after every ...

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Trend is a trend, unless broken. Call me crazy but just added a long.

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TP 1.4075 IMHO, the force behind this downward move should take it there, if not to 1.3965.

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Yes Jay. I remember that. It was one of the first lessons I learned from you. Few months ago you advised me to check lower timeframes for better entry and I stictly follow this. Thanks once again.

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I take the responsibility and am sorry for your keyboard.

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Trading is boring only if you are going with the trend. Try counter trend trading. You would always find set-ups to enter, someone to yell at, another drink and cigarette, flipping charts on all possible timeframes including 5 sec or tick, checking ...

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Hi everyone, I would appreciate your suggestions in deciding stop losses for my these entry orders. After this, I will be done for the year 2009 trading, will sitback, relax and nurse semi. Short orders at: 1.4700 and 1.6000 TP at: 1.3000 and 1.3300 ...

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My shorts hit sls. Now on sidelines.

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Time for me to go short.

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He is only looking for 4098. But as you wish. Elghoz, disregard earlier post

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Elghoz, You may like to open more shorts.

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You forgot to mention liquidity crisis.

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Sorry El, it took me half an hour to figure it out. I think yes, it may go to 1.4098 and below. But this is just my view based on PA reading, form your own opinion.

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Rednose, I am at the sidelines. Watching PA on 1H, wil go with the trend as it develops. I love consolidations. There is always a trend after one.

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