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- mike w replied Aug 12, 2013
Outcomes from last night's and today's SFP setups. I would allow the eur/jpy and chf/jpy to run. These got to the first trouble area and so I would take some off the position and scale back in as price retraces to the initial entry to minimize ...
- mike w replied Aug 12, 2013
We have another possible SFP on the close of the aud/usd. Keeping the eyes peeled. This one is in confluence of the larger term daily resistance as well. Just pop up a daily chart and you'll see what I mean. The other two trades on nzd/usd (NZD came ...
- mike w replied Aug 11, 2013
SFP on 4 hour.
- mike w replied Aug 11, 2013
Hey guys, been quite a while since I've posted in here. I've taken Jim's (Jarroo's) method and have been quietly plugging away with it along with my normal methodology of trading at the 20 EMA dynamically. Simple stuff and I'll go into it again as I ...
- mike w replied Jul 8, 2011
Check out the price flip to the far left. This one has potential AFTER THE BREAK. Before price breaks a bar high/low, you're really just trading the range. Once it does, you're trading momentum. Momentum is a lot more profitable.
- mike w replied Nov 19, 2010
Here was a pretty decent setup on the usd/cad from yesterday that I got into on the retracement at 1.0180 and then added to again at 1.0200. My first thought on this is the previous high point of 1.0235. If we surpass that point, I'll be holding on ...
- mike w replied Aug 31, 2010
Most definitely, I'd take those setups any day of the week. I actually wish I would have seen that hourly setup too. That's just money in the bank my man. Hockey's great too! It's never bad brother! What's new over your way?
- mike w replied Aug 31, 2010
Here's a good looking Euro setup. I got taken out of that chf/jpy trade for a loss before it reverted right back to where I thought it would. Being right in this business means nothing. Making money is the only thing that matters. Steve, sorry I ...
- mike w replied Aug 30, 2010
I didn't even see this post haha But yeah my man, it was a tough one lol Here's a decent looking setup on the chf/jpy at the moment.
- mike w replied Aug 26, 2010
Zoom out your charts a bit more my man, when they are bunched up like that, it's difficult to see anything. IMO, the nzd/usd is decently primed at the moment, but when you have your charts zoomed in like that, you can't really see the big picture. ...
- mike w replied Aug 26, 2010
Setups across the board right now.
- mike w replied Aug 26, 2010
here's an example of price attacking the support level on the eur/jpy. There really are no lows to base the trade off of because it is the low. (The red arrow marks the trade) Those are ones that become runners. The ones that build up momentum in ...
- mike w replied Aug 26, 2010
TP was reached last night and here are two new ones from today along with the gbp/chf setup from last night. I didn't post about it at the time of the trade though, because I wanted to get back to sleep. The blue lines are my TP points.
- mike w replied Aug 25, 2010
And heeerrreee we go! Eur/gbp short, entry at 82.00 with a TP at 81.57. Simple to work when you know what to look for. 1 trade means nothing, it's the thousands that matter.
- mike w replied Aug 23, 2010
Here's one real quick on the aussie then I gotta run back out the door.
- mike w replied Aug 23, 2010
Just got short on the gbp/usd. I got busted on the usd/chf trade, missed by T/P by literally 1/4th of a pip and so I just closed for a loss of 20.
- mike w replied Aug 22, 2010
Before I run out the door. Sold. Have a good one ladies and gents!
- mike w replied Aug 19, 2010
Here's a new one on the nzd/usd I placed 30 minutes ago at .7110.
- mike w replied Aug 17, 2010
Alritey, I took the loss on the usd/cad for 40 pips. These are two trades, the first on the gbp/jpy I've been in for a while already, that I'll be entering here shortly.