Oh my goodness. I was trading euraud long all today and it's gone up 750 pips as I speak. I hope everyone got a good load of pips on many pairs. Good grief, I made a shed load today! A terrific day!
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DislikedOh my goodness. I was trading euraud long all today and it's gone up 750 pips as I speak. I hope everyone got a good load of pips on many pairs. Good grief, I made a shed load today! A terrific day!Ignored
DislikedOh my goodness. I was trading euraud long all today and it's gone up 750 pips as I speak. I hope everyone got a good load of pips on many pairs. Good grief, I made a shed load today! A terrific day!Ignored
DislikedSame eurusd chart,now with 4hr entries. This is how I use the fib to measure 50% entries. I've shown 2 on there, but if you look, you will see many more, and a logical place to raise your SL to after a further entry. {image}Ignored
Disliked{quote} Hi Pharley, sometime the fibo can draw from both buy and sell angle, both ways seem logical. How you decide which way to go?Ignored
DislikedHello Pharley Been following this thread since it started and let me says you are sharing some really great trading insights here. Really thank you much for that. I really like support and resistance along with volume analysis coupled with playing strength/weakness currency. Did make some nice pips since last night on EUR/CAD about 300 pips as I played this pair long since last night a few times. Cant complain Getting a good method down along with only playing with the overall trend is key to me. One just need to get with the flow of the market....Ignored
DislikedCan EURJPY Find support? Or are we going lower from here? What's your take? Best, {image}Ignored
DislikedTemptation got the better of me this morning, went long on the USDJPY and GPBJPY. After both went +-30pips positive I decided to not be greedy and closed both positions and just stay out of the market. Now I really regret it as they are both looking like good trades to be in. It does seem like the market is quite stable again, just think any small rumour could spark another sell-off. Rather safe than sorry I guess.Ignored
DislikedHi Pharley, Thanks for this great great thread. I am a 2 month old newbie in forex and have been following this thread for quite sometime. I made +1300pips yesterday on GBPAUD long. This has become possible because of your method of adding positions on retraces and S/Ls in a logical way. Please continue posting your ideas so that people like me could learn more and hold on to forex without wiping out our accounts. ThanksIgnored
Disliked{quote} Hi Mobber, Yeah markets are a bit funny at the moment. Went from not much movement to explosive! All I can suggest is to take the best set ups you can. This is where a picture library of your favourite set ups comes in handy. I use mine - I refer to them often and cast my eye over the setups I want to see. It's not good to just trade for trading sake - there has to be a reason on the chart. That way, you're putting odds further in your favour. All traders around the world see exactly the same charts and price action as you, me, everyone....Ignored