It broke my channel but not for long enough for a valid retest. it looks more bearish now. confirmation of the R&S is the neckline. I don't sell the top of the right shoulder, there is no confirmation yet. Although a small stoploss would be needed.. ...

Longshot_nl's confluence system

price went higher and i did not lose anything. parallels also work on the 1m timeframe. image

Longshot_nl's confluence system

I keep moving my entry but i don't lose any money. image nice, ic, thanks. the weekly is also nice. 2015 to now.

Longshot_nl's confluence system

I will add a new rule to my strategy. I sometimes have a lot of draw-down and 30 pips stop-losses are triggered. This is why from now on i don't pick tops and bottoms anymore. I wait till the fact happened and trade the 1 minute time-frame ...

Longshot_nl's confluence system

stopped out... i go trade lower tf more... break retest, less risk.. missing a trade is free. 1 minute chart... image

The Swamp

if the timing is exactly right i take this trade. image

Longshot_nl's confluence system

I take a short here (weekly r3 and daily r1) .. target = pivot point & weekly r2. If it happens i double down at the pivot point / channel retest / weekly r2. image

The Swamp

this one got triggered just 13 pip stop. ignore the channel.

Longshot_nl's confluence system

looks missed to me now.. bull flag may do its work now. Either way i am out. It was almost perfect. image

Longshot_nl's confluence system

I go try to buy a retest... The daily pivot point and weekly R2 is here too. image

The Swamp

These lines work... image I keep getting stopped out here. At the weekly pivot yesterday, now at R1. Price went right trough congestion. I go try to buy the weekly pivot point once again. it is at the 38.2 fib. image

Longshot_nl's confluence system

I disregarded this one. retest should have happened already. image

Longshot_nl's confluence system

it didn't

Longshot_nl's confluence system

i wonder if this works... image

Longshot_nl's confluence system

you have more setups like this one? it may be a bull flag with a 120 pip pole. that would be T1. image

Longshot_nl's confluence system

I should have traded it, at least i would have pips today. image

Longshot_nl's confluence system

In theory the UJ could become a large butterfly.. i am more bearish though image

Longshot_nl's confluence system

shoot!, out at break even. no pips today. its going in for a third test.. i better wait and see who wins. The roundish bottom worked against me. image edit: i halfed my trade and try again at same level. tight stop This is working for me... image ...

Longshot_nl's confluence system

perfect entry. the last 8 pips happened in a fraction of a second. i wanted to enter with another account too but i was in shock.. image

Longshot_nl's confluence system

the pair has nice responses... every time to the pip. image

Longshot_nl's confluence system