Looks a valid trade to me although one issue maybe the angle of the cross on the TDI. There is enough space for price to move into but I would be looking at taking profit at around 74.50.

Forgive me guys for asking a dumb question but what is ME/ME?

Hello guys, some advice if possible. I have just purchased a new android phone and have installed the MT4 Mobile app on it. I can see that custom indicators are not possible so my question is, whats the best way to create a similar indicator to the ...

A neutral trade for me with no clear advantage being held by either side. We are in consolidation and despite the pin (although wrongly coloured and after only 1 previous opposing candle) 3 candles back there is a good amount of upward pressure to ...

Hi Guys, I have been a watcher of this thread for a few weeks now and have been demoing this technique for a few weeks too. I began my forex journey about 6 months ago and adopted the J16 technique. I find that TMS had really helped with my patience ...

The more I learn and understand about the topsy turvy world of Forex the more this rule becomes the golden one.

Hey GB, yeah just trying too much and over extending myself. Forex is a very very complicated world that sometimes requires simplicity and its that which i struggle with at times. Its funny, on demo I had it down nicely, was doubling small accounts ...

A fine response to my question Mike it is very much appreciated and clears up (with your chart being key) the issue for me somewhat. I have also noticed myself the 'choppy' nature of the charts recently genuine opportunities have been few and far ...

I have a question for anyone in the know. If i was to consider being a trend only trader and traded only the daily chart, what length of time would constitute a trade-able daily trend? I understand of course that there are no definitive rules and it ...

Eur Aud looking quite interesting on the daily, pinbar shaping up off a VBRN of 1.5000 and back into the long term uptrend. Will watch how this progresses although as of now the pin is the wrong colour and the immediate space for it to move into is ...

Morning Katfx, for me this pin has a couple of issues that would make me wary of trading it. The first is the move preceding it, for me there is not enough of a bullish move (2 or 3+ candles) to give the trade enough space to move down into and the ...

Yeah i too saw the 1.5400 highs, I am sitting on this one like you.Will keep an eye on the lower TF and if we get a noticeable change of direction I may trade it with a really tight SL.

Bearish pin shaping up on GBP CHF off BRN of 1.5300. Resistance zone at 1.5100. Might be worth keeping an eye on on a retrace.

Hi Andy, It is a a good looking pin, it is perhaps the wrong colour but it is coming off the 61 fib. Not a huge space for price to move into if you look left but I think on a deep retrace this could be worth some pips.

The daily and weeklies post such clear structures, good to keep the screen time down a bit too. Very easy to justify trades when you look at the charts too long.

This caught me out too for a small loss but it looks like a genuine break of support which then becomes resistance but with a false break along the way. I had a nice big down arrow on my chart from my initial analysis but stupidly decided to go ...

Hi Bill, in this instance you want to actually apply it to the Pinbar itself (from the bottom to the top. What we want to see is how far down todays bar has moved down yesterdays pin. In this case price moved to beyond the 61 Fibonannci point but ...

No worries Bill, hopefully it shoots north as you say and some profits come your way. Playing the retrace on a Pinbar is a really good way to reduce risks and increase profits. If you have enough time to sit and watch price on the lower time frames, ...

Price is a bit cramped there, would have personally liked to see price drop down to the 1.72300 area for a long. I tend to prefer at least 2 or 3 opposing candles before considering a move as its key to get a bit of momentum behind you and also that ...

Cheers man, thanks for the heads up. Not been too active on here for a while but have just opened my first live account so will have more of a presence here now. Glad to see you are still making great trading calls and making those profits.