NZDCAD Daily PB — Hey Chris, What do you think about that setup? Uptrend in the weekly. PB on 80.0 - 81.0 (great location on the weekly / monthly chart). I'm in it (demo) and first area to watch is 84.0 RN. thx, 2pipsfx

Silent Service Method

Where does your entry and SL will be in such a setup? Thanks, 2pipsfx

Silent Service Method

Thanks Chris, I was thinking I had spotted a big resistance at the weekly chart so the pattern looked at the right place. I was thinking you only trade horizontal support and resistance...... I should learn to know what's a good setup and what's ...

Silent Service Method

Hey Chris, I had taken a full bar lose on EURUSD daily trade. Engulfing pattern on RN @ 1.43. In the attached picture it didn't break but on my broker's feed it did. Would appreciate your analysis. Kind regards, 2pipsfx

Silent Service Method

stopped out cause of minor PPZ on the daily @0.77 2pipsfx

Silent Service Method

Are you sill in the NZDUSD trade? 2pipsfx

Silent Service Method

Ok.... so why wait another day for the end of the month while we also got some nice setups on the weekly charts? Attached is the HD Weekly chart. 2pipsfx

Silent Service Method

Ford (F) Monthly chart. 18.0 is a major zone. 2pipsfx

Silent Service Method

Nike Share (NKE), Monthly chart. Sweet 2pipsfx

Silent Service Method

Chris, NZDUSD is going to give as a PB on the daily chart (assuming it will close like this). We have got triple high around 0.78RN. We got a zone @ 0.765. You think of taking it? 2pipsfx

Silent Service Method

Well..... someone will have to tell me cause i don't know what had happened between both of you. 2pipsfx

Silent Service Method

Yes, I know. Taking only the A+ setups, that's what i'm doing (at least trying). 2pipsfx

Silent Service Method

What they will do, they will recognize a setup (let's say on the daily), see that the original SL should be 100 pips or so, they will set their SL to half of it (50 pips). their order will be filled and after 30-40 pips they will move to BE or close ...

Silent Service Method

If you are interesting, I know this site: url 2pipsfx

Silent Service Method

Is there a scanner for price patterns also?

Silent Service Method

You had just read my mind

Silent Service Method

Now that I think of it, it makes sense not to stick just to Forex. you can expand your list of instrument and thus wait only to the A+ setup. Just two questions: 1) How do we know that a stock is liquid enough. 2) There are thousands of stocks, if ...

Silent Service Method

I see. Chris, should we really worry from those gaps if we trade the weekly charts? 2pipsfx

Silent Service Method

So you can use the Volume on the currency futures markets in order to trade Spot, no? How do you trade in the futures markets?, isn't that by contracts (and then they have expiration date, no?). 2pipsfx

Silent Service Method

May I ask if was it setup from the weekly or daily chart? That's the reason why I trade forex and not stocks, you can be in a big DD on your account with that kind of a gap 2pipsfx

Silent Service Method