hey karmo, whats up? whats your approach on the current situation? my strategy is to do nothing for the moment, stay on the sidelines and watch. My bias is downward anyway... UY broke 100 and im sure it will go down even further, since BOJ is ...

Karmo's trading strategy trading GBP/JPY

The thing is that UY is penetrating the last low right now. if its gonna drop even further, GY might resume its downtrend. The damn FED policies were useless.

Karmo's trading strategy trading GBP/JPY

Yesterday most of the pairs gave daily fozzy signals, however, not many of them were successful, since these signals were coming after big moves. For example, I took the euro short fozzy cross, very confident that it should drop due to 1. Fed ...

The Daily Fozzy Method

we are above 1H Gann again, thanks god 200 ema seems to be good support on 1 Hour as well, but the resistance at 207.70 which is actually daily R1 still plays tough to break. And europeans dont seem very aggressive buyers today. However, as far ...

Karmo's trading strategy trading GBP/JPY

very true. So I suppose the retracement before the resuming of the upward move should be shallow, since even the momentum on 1H is bullish-flat, but not pointing down. I expect a reversal to 206.50 bf upward moving resumes. Edit: Moreover, yesterday ...

Karmo's trading strategy trading GBP/JPY

hey guys, we have DBLHC on all the yen pairs and AU and NU. I suppose the market seems very bullish. What do you guys think?

james16 Chart Thread

great analysis karmo, Im learning live trading from you, thanks a lot. Whats next? price reached 207.50 resistance, so probably it will stall. However, on 4H, price just makes a candle above Gann, which should give bulls more strength, and QQE also ...

Karmo's trading strategy trading GBP/JPY

funny move in eur usd today. Everything was going up so well until the god damn US news. Got stopped out at +50 though, thanks to the trailing SL. What about u guys? Im looking to re- enter long, but there is a huge doji on 4H which makes me feel ...

Jacko's Forex House of Pleasure and Pain

Acetrader, thank you for your good input. Please stay around since Jacko is busy now with his turtles. Entered long 1.5400

Jacko's Forex House of Pleasure and Pain

The Eur Usd short went pretty well, closed one lot at 50+ and left the other lot at BE. How about these tweezer tops or TBH (Two Bar Highs) in Gbp Usd? It seems quite a good sell signal IMHO.

james16 Chart Thread

thanks, Giusepp, this might be the case actually, a short pullback then another shoot up.

james16 Chart Thread

what do u guys think about this Eur Usd Daily PB? Does it meet the conditions of a A+ PB? in my opinion it does...

james16 Chart Thread

Thank you Betterave, even if what you are said was said before, reading about fozzy successful traders enforces my confidence in the method more and more every time.

The Daily Fozzy Method

hey guys, what about the bullish PB on Usd/Jpy 4H? I suppose we should buy if the price goes above 106.60....

james16 Chart Thread

well, i suppose after todays move, all Jacko's Turtles are happy and rich To be honest, I closed my longs at 4900 out of fear....had no idea it will jump up so high. This can mean a new uptrend after this loooong consolidation.

Jacko's Forex House of Pleasure and Pain

Great call, Steve. Eventually I got filled on GBP/CHF trade and now im sitting on 200 pips profit. I lost 40 pips on Nzd/Usd trade because, as you said, it was a wrong PB. Always live and learn. Thanx a lot for your quick help.

james16 Chart Thread

thanx a lot for your help. I didnt get filled on Gbp/Chf yet, but Im waiting.

james16 Chart Thread

Hello, Are these valid PBs for Gb/Chf on 4H and Nzd/Usd on Daily? Thank you.

james16 Chart Thread

hey, nice thread and nice idea. Can you please post a chart explaining one of your recent trades using PP? It would be easier for me and others to understand it. Thanx

Pivot Point Trading Technique

hey where is everybody?

PowerTrading/The River