I took trade 2 and trade 3. I missed trade 1 because was busy watching another system and trying to follow 5 currencies... What can I say? It was a last straw, I decided to trade only Price-Trap system (I used the system several times during Asian ...

Price Trap Eur/Usd 1 MIN

Well, it was fun, I have to return to my trading. Good-bye, everybody!

Price Trap Eur/Usd 1 MIN

You must be kidding... Maybe in theory, but not in real life. But that's OK, it is IMHO. You wait for a perfect "V", I prefer just to make money.

Price Trap Eur/Usd 1 MIN

Perfect "V" doesn't come in very often. And by "gap" in price at bottom you mean a difference in 1.1 pip? Come on, it is not geometry, it is live trading!

Price Trap Eur/Usd 1 MIN

Maybe it doesn't look so great right now, but at the moment it looked OK. The price had been rejected once on the top and twice at the bottom with a "V" form. I should "tighten" the trap, making the upper level 1.33103, but the price moved too ...

Price Trap Eur/Usd 1 MIN

The price started ranging, exited with +13 pips. Better than nothing!

Price Trap Eur/Usd 1 MIN

Maybe it was not a "classical" trap (1.33167/1.32954), but I entered at 1.33181. So far I'm 10 pips up.

Price Trap Eur/Usd 1 MIN

Yes, probably I gave the wrong setting, but it is the only one I could find. (It is a very special stochastic, it is not a "normal" stochastic.) The settings say: "Slope threshhold=0.0 to 1.0"

Price Trap Eur/Usd 1 MIN

Simple, Close/Close, 0.0 to 1.0 It is strange that you couldn't download it, just in case I attached it.

Price Trap Eur/Usd 1 MIN

It is Stochastic Slope from the "Trading Made Simple" with the default settings, downloaded here: url Yes, of course sometimes stochastic stays above 90 for many hours, but I also analyze M-1 itself.

Price Trap Eur/Usd 1 MIN

Callisto, that's why I asked you! I can't say to a guy that I missed him, you must be a girl to hear it from me!

Price Trap Eur/Usd 1 MIN

pete123, it is very impressive! However: I don't want to be annoying, but it is just one trade. Is it the only trade you analyzed with fibo? If it is not, how many trades have you analyzed?

Price Trap Eur/Usd 1 MIN

It can, but it more often doesn't that it does. But, of course, it is just IMHO.

Price Trap Eur/Usd 1 MIN

Callisto, how was your vacation? Sorry for the off-top, but are you a girl or a guy?

Price Trap Eur/Usd 1 MIN

I was a little slow, entered short at 1.31647, decided to exit with a small profit at 1.31543. Well, +10 pips is better than a possible loss IMHO.

Price Trap Eur/Usd 1 MIN

As I said before, I decided not to enter mostly because my 8,3,3 stochastic on H-1 was almost 90. I made decision not to enter long before the upper level was broken. raz goes where the currency goes, but unlike him I don't have several months' of ...

Price Trap Eur/Usd 1 MIN

I think a new trap is forming. Good luck, everybody, and have a nice session!

Price Trap Eur/Usd 1 MIN

I think a trap is a trap. When I saw that the long breakout was a fake, I fixed the trap a little bit, made an upper level 1.32263 instead of 1.32245, and that's it.

Price Trap Eur/Usd 1 MIN

I decided not to enter long because H-1 stochastic was well above 80 and I was expecting the move down. Besides I didn't like the M-1 PA and the movement didn't look good. I entered short at 1.32050, the TP 30 pips got hit in less than 15 minutes. ...

Price Trap Eur/Usd 1 MIN

Too bad the thread was active only for a couple of months. I was too busy in May-September to test it seriously, but it looks like a very good system, I decided to give it a try. Anybody care to share the results, no matter good, bad or ugly?

Chin-Star trending system