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- avgjoe replied Jun 13, 2014
And it failed. Can't win them all.
- avgjoe replied Jun 13, 2014
...and we're off and running. Let see what happens.
- avgjoe replied Jun 13, 2014
EUR AUD short setting up. Not sure if there is enough juice at this time of day to go 20, though.
- avgjoe replied Jun 11, 2014
My mistake- It was in an uptrend.
- avgjoe replied Jun 11, 2014
I believe that the pair was in a downtrend at the time...therefore not a promising setup
- avgjoe replied Jun 10, 2014
And failed. Setup voided
- avgjoe replied Jun 10, 2014
Watching AUD/JPY 5 min Long 2 points made.
- avgjoe replied Jun 10, 2014
Look on the first two pages of posts...It is all there.
- avgjoe replied Jun 10, 2014
If you review post #22 RIFID talks timeframes, though for a 4 hour chart it would equate to a 240 pip SL and a 960 pip target. Obviously, that is not realistic with this strategy. Heck, I am not sure if 4 hour timeframes will work with this ...
- avgjoe replied Jun 10, 2014
30 pip stop loss.... 120 pips would be 4R If it can get past 96.50 (60pips from entry)...Blue skies from there.
- avgjoe replied Jun 10, 2014
Here is a different one...Comments welcome. Looks at the AUDJPY long on the 4 hour. Not a scalpers paradise but looks promising. Has a little bit of resistance above. would love to hear feedback. image
- avgjoe replied Jun 10, 2014
Learning here as well....I don't see where your second point hits as well. Your first point hits the line just before 18:25. Where is your second point?
- avgjoe replied Jun 9, 2014
Yes that is the one.
- avgjoe replied Jun 9, 2014
GBPUSD Setup forming Long, though there is a level of resistance that it will need to get through in order to make 20 pips
- avgjoe replied Jun 8, 2014
NZD/USD looks good long...Thoughts?
- avgjoe replied Jun 8, 2014
Question on this one, the second retracement is bigger than the first. Does that matter? Thanks,
- avgjoe replied Jun 8, 2014
Well according to RIFID, this trade has been invalidated. "You will notice that the bottom points of this pattern are gradually coming up show that the buyers are slowly growing in strength. when the second point is confirmed ,we should now be on ...
- avgjoe replied Jun 7, 2014
Thanks for start ths thread. I am a swing trader looking for more opportunities. This week on the 4RR system I was 1 W 0L 2 BE. I will take that every week! Question on this last chart, Was this trade actually a loss? You have a yellow vertical line ...
- avgjoe replied Jun 6, 2014
Isn't the second point higher than the first? Doesn't that invalidate the trade?
- avgjoe replied Jun 5, 2014
Thought on the AUSUSD - 5min Long - Looking for a 2nd pt. Is this worth being put on the watch list?
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