These 2 trades look real good to me. On the 4 hr charts. eur/usd...tripple bottom in place each one fails to make new lows. stochs are over sold and turning up. RSI fails to break below 40 line last few tries. usd/jpy...Failing to make new highs. ...

My trades by Dave

Long eur/usd entry: 1.1923 s/l: 1.1890 target: 1.1960 short usd/jpy entry: 115.80 s/l: 116.05 target: 116.51 Dave

My trades by Dave

I pulled trade @ 1.1936 +20 pips o yea I had 2 positions that time since s/l was so tight. Range in place I will buy any where under 1.1920 s/l 1.1890 And I will short above 1.1950 s/l 1.1973 If 1.1966 breaks I will look to see if it gets past ...

My trades by Dave

The daily pivot is 1.1966. I am short eur/usd entry: 1.1959 s/l 1.1973 target:1.1920 apon a break of the pivot I will go long and target 1.2018 1st daily resistance Dave

My trades by Dave

I just pulled out with + 27 pips If this bounce stalls befor target I want out now. When a range is established I'll have a better idea of a target. I'll long near 1.1900 and short at the top of the range. You can play both sides because there ...

My trades by Dave

Trade complete: 81 pips profit. Currently holding ....Long eur/usd Entered on a buy order @ 1.1918 s/l: 1.1889 target: 1.1980 I figured it would bounce sorry I didn't post it, but I made the order at work and didn't have time. I have placed a sell ...

My trades by Dave

Yea that helps. If usd/jpy targets 118.00 in the comming weeks that will shove eur/usd below 1.1900 and way beyond. I have this theroy. So far in the past week the price has always gone to the daily pivot. Some times it bounced and some times it ...

My trades by Dave

Nice I was waching the usd/jpy chart. I expected alot more fall from the eur/usd when it broke out like that. I am still at entry on mine =(. Dave

My trades by Dave

Bottom gave out -17 pips Reversed entry 1.1999 s/l: 1.12020 target: 1.1915 Dave

My trades by Dave

On the 30 min chart there is a "W" forming. Even though the price fell below 1.2009 low from yesterday the RSI isn't finding new lows. Indacating there won't be a follow through past 1.2000. Stochs are over sold and started hooking up. I need more ...

My trades by Dave

O well. Looks like it didn't have enough to get to the target 5 pips away. No profits no losses. I am now currently long eur/usd entry:1.2012 s/l: 1.1999 1stTarget: 1.2050.......1.2051 is daily pivot. "W" is forming I will post a chart in a few. If ...

My trades by Dave

Move s/L to break even at 1.2068 Dave

My trades by Dave

Trade was triggered soon after market open, still holding looking at possible small dip befor going up. A break past 50% fibo(1.2041) is what I don't want. Dave

My trades by Dave

Are stochastics and RSI 2 of these methods the old schoolers use? Dave

Why traders don't disclose their methods

Pivots — the last 2 trades I made in my thread were pivot point trades. One was bounce on pivot and one was break of pivot. You'll find exact details on entry and exit of both types in those posts . Dave

Trading with Pivot Points

I disclose all methods. In my thread you can get my exact trade system to a "T". But the likleyhood of any one else using that described method the exact same way every time is impossible. The "human" factor wouldn't allow it. I cann't use my own ...

Why traders don't disclose their methods

been there too...lol got them all bookmarked. all good stuff I recomend it.

My trades by Dave

Here is 4 hour chart on my entry. Weekly pivot points R2-1.2286 R1-1.2180 Pivot-1.2046 S1-1.1940 S2-1.1806 My s/l is set for 1.2035(just below pivot) entry @ 1.2065

My trades by Dave

A great deal of what I have learned has come from Mark McRae. Read every thing there is on that link you gave I have already. Actually I continue to read it over and over and over. Dave

My trades by Dave

here is another clip. These 2 clips are where my trading stradigy comes from. There is more to these 2 lessons and its all covered when I explain each trade. I cann't post any more of these clips either. Keeping these 2 basics things in mind will ...

My trades by Dave