As an after thought... The Eurozone debt crisis HAS NOT evaporated into thin air... Market seems very quiet, ECB rate announcement in a...
Inverse H&S or ABC? Reversal on EURUSD or bear rally correction??? It's still just shy of the longer term down sloping trend line by my...
I reckon it's like Mr Miyagi in Karate Kid, "wax on, wax off, wax on, wax off." If you study price action long enough then eventually you learn...
Actually that's not necessarily true, if you use fib extensions, retractions, pivot levels and previous swing levels to pick your exits, then it's...
Fair play TE you make some good points. My two cents... inappropriate exit behaviour should be checked and corrected by your P/L level, i.e. if...
I must say, I've just ordered a copy of Beat The Forex Dealer, no harm in trying to understanding how they operate... Anyone know what the...
I read somewhere 1.2500 to 2520 was going to be a key level.
Ha ha, what a conversation killer! LOL
You're dead right Dackster, rather than discussing methods and systems perhaps we'd be better off discussing how to better cultivate this...
I guess in trading patience really is a virtue... ...Cheers.
In my experience it's very difficult to hang in through a pull back if you're looking at a nice chunk of bankable profit... ...the old...
Hmm, I agree to an extent and yet disagree. I base the majority of my entry on price action, usually trend pull backs. I just use the indicators...
Ha ha, I have a way of making things sound overcomplicated. I'm not entirely sure that there is a perfect exit strategy.
If you want my two cents worth... I scale out, first 50% of the position at 1:1 the next 25% at a minimum of 1:2, if the next obvious reaction...
Yeah I understand. It's a bit of additional confirmation to merely reading PA, it increases probability, but if you're only prepared to think...
Maybe being a self fulfilling prophecy is sufficient to provide an edge. MAs are possibly the most commonly used indicators by technical traders....
TE, how can a wiggly line predict a price level?? An indicator indicates it doesn't tell. I would never take a trigger off of an indicator on...
Hmm, I don't think that your analogy is very apt, in trading it's the cute looking fluffy toy bear that has the potential to take your head off if...
My guess is that the boxes represent range, notice how they expand and contract again. TE will throw a hissy fit at this, but that is a repeating...
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