Yesterday closed as an inside bar on the daily chart, and a small one against a big down bar -- an Inside Bar is a Breakout Mode indicator, and the question is which way is it gonna go? Bulls are buying today because they saw the minimum Measured ...

EURUSD MultiTimeFrame

a little follow up: decided to stand by the long trade idea and re-entered and left it to play out with a wider stop, and it did nicely. On H1, it's testing the current range top as expected, and imho has the potential to go to 1,47 as we see a ...

EURUSD MultiTimeFrame

13: Stop Run, stopped out around BE, faded the selloff, but no recoil, took a loss. 14:Reversed to Sell, took a loss, Reversed to Buy again, BE position in, but then stopped out. Too much volatility, too many emotions, will take a break.

EURUSD MultiTimeFrame

10: At Breakout Test, Scaled in Long, exited higher entries near BE, volatility picks up. 11: stopped out of the lower entry too, still wanted to be long and re-entered, probably an emotional mistake... wait to see. 11: Outside Up, reversing Tight ...

EURUSD MultiTimeFrame

7: Bear Follow Through, Close on Low, Bear Spike to MA, exited swing portion, last entry trapped, eventually stopped out. 8: Bear Close at MA, but tails on top and bottom, two sided small range. Re-entered Long/ 9: adjusting stops to below the ...

EURUSD MultiTimeFrame

4: a Bear Reversal Bar, but bull Close, not a signal to take. Plus in strong Bull Tight Channel. Took scalp profit at top of channel, leaving swing entry on, perhaps scale in lower as Spike and Channel may form. 5: a 2-Bar Reversal, a stronger bear ...

EURUSD MultiTimeFrame

2: second Bear Close ina row, but doji, bear Micro Channel, weak, also a High 1 for bulls. 3: strong Entry Bar on High 1, going for the tops?

EURUSD MultiTimeFrame

What I see on M5 -- imho bulls pretty keen today, could test at least the top of the wide bull channel, perhaps drive a measured move up if higher timeframe bears start adjusting their positions. Added to the long. 1: inside doji pause bar, first ...

EURUSD MultiTimeFrame

On H1, bulls broke out above the bear TL, which had been tester and retested before, including a strongish false breakout. This could lead to more up on the day. We had Inside-Outside-Inside bull bars on the H1, hence Breakout Mode, and the first ...

EURUSD MultiTimeFrame

stopped out of swing portion (scalp in), but re-entered as a bear TL breakout pullback. - stopped out for -10 pips.

EURUSD MultiTimeFrame

Today 1.37 was finally tested, with what looks like some accumulation at that level, so decided to play long on the same premise as yesterday. On H1, the reversal bar at low A reversed a tight range very nicesly and also sort of reversed the bear ...

EURUSD MultiTimeFrame

Bar 1: 2nd Failure of bear Tight Channel Line Breakout. Reverses three pushes down (Wedge), but overlaps previous bars in tight channel, not a good signal, wait. 2: BO of bear TL, but bear doji, not strong for bulls. 4: Two Legged PB to MA, Two Bar ...

EURUSD MultiTimeFrame

A little multitimeframe analysis. Weekly EU: we have a decent reversal bar on the weekly chart at the top of a range. A strong breakout below low of last week, 1.3858 could produce a good selloff, and it looks that's what the bears a trying to do. ...

EURUSD MultiTimeFrame

A very valuable observation and insight, Blix! It would be very useful and interesting indeed to have this kind of stats. I may try to try to glean something from this using MyFxBook, will let you know if I have something to share. But on the other ...

The Only Real Edge: Trading from Breakeven

A great overview on spoofing and institutions PrymeTyme, definitely not off topic. But you summed it up nicely in the above sentence: for practical purposes all you need is a simple approach, even simplified I might add, to making decisions. For me ...

The Only Real Edge: Trading from Breakeven

Re-entered the short on the same premise from the previous trend: an anticipated Low 2 from the bear tight channel break and Double Top bear flag with bar 4 high. Stops very tight. UPDATE: Stopped out BE, but re-entered for the last attempt. Will ...

EURUSD MultiTimeFrame

UPDATE: 1 was a very weak signal bar, overlapping previous bars, so added to the short for the trendline break. UPDATE: Scalp in, tighter stops in. UPDATE: Seeing tight bear channel in play. Looking to add to the short on first break of bear ...

EURUSD MultiTimeFrame

Seeing trendline test on 5min, but in an expanding range/channel, amid some large bars. On H1, it's a re-test of a previous congestion area, so might go down if this is just a retest. The last three bars are overlapping on H1, meaning range ...

EURUSD MultiTimeFrame

Been busy with other work for a while. Today looks like selling pressure has built up in the opening range, looking to sell any rallies.

EURUSD MultiTimeFrame

UPDATE: stopped out from Low3 short twice at BE, but re-entered nervously at market at a bad price. Seeing this as a tight trading range and a bear wedge flag, an inside-outside-inside bear Low4 setup, a risky trade given tight trading range. ...

EURUSD MultiTimeFrame