danno96 and ozzie23, have attached a chart to try and explain. 4 hour timeframe my box candle is the candle that finishes at 0400gmt. some use the previous candle. personal choice. you can use this candle on monday only or each day. On attached ...

As an example on the attached chart of ej from 29th july until recently, if the 30ema is flat it can go either way which may put you in then stop you out. why bother. look for the situation where the purple circle may exist. trade with trend on the ...

pipmyride, not for me because the last c-d extension did not exceed the a-b movement. On that basis it could be changing its trend. Hope the chart is clear enough.

GBP USD — Did anyone get on this one earlier. I do not normally trade H1 charts but this was a low risk with huge potential. The entry was taken straight after the tweezer tops so on this one I did not take into account the stoch. The risk was ...

EU Last night — As discussed in trading room, the rising star was marginal but everything else pointed up. The result was 46 pips on pt1 and 63 on pt2.

Recognizing trend — A lot of us at times have difficulty recognizing the direction of a trend. I have posted 2 charts and maybe my explanation might help some people with this difficult concept. If you look at the 1st chart where I have zoomed ...

USD/JPY DAILY — Any one jump on this daily set up. To me this is text book set up, comments good and bad appreciated. The stoch. is turning up but has not showed on my chart. (something wrong with my sizing I think) Good to see the trading ...

Hello all, I will give an explanation of the attached chart. You will notice the ABC wave formation that we all know and look for. Near C and rebounding off the FIB50 is a shooting star or pin candle which is the reversal and 3 candles later the ...