Hi all, I'm new here and I'm looking forward to backtesting this method. It seems like a great method since I saw many people voted it in the "most profitable method" poll.

I lost when my placed order's TP didn't get triggered then suddenly it recovered back up so I quickly bought back the position and it rose again just enough to cover my loss for the day. That was scary.

I believe that the bulls are a little tiresome after the lift back up to the 1.9500 area and usually as seen on the chart the bears would fight back. All these usually happen just before the main trading session (european) is about to start. ...

A doji has been formed on the 1H chart. Do u all think that it would rise above 1.9550 when the UK's news coming out later 9:30GMT ?

Based on the elliot waves theory, on H1 and H4 chart everything are in place. The H4 chart, there's a short downtrend while the H1 chart there's a longer downtrend waves (corrective waves). D1 chart shows a short downtrend is still continues since ...

To support this view: - Based on the elliot wave theory, the correction waves are starting so there should be a downtrend where the "3-waves counter trend" is to rides it down naturally. - The uptrend trendline is broken where it no longer holds ...

I've been watching the price actions on the cable's 1H chart almost full time so I hardly sleep and it seems to me that it is unable to sustain on the upside as the candlesticks naturally moving downwards smootly on mostly every ticks, however there ...

Based on the elliot wave theory, it seems that it is time for the corrective waves pattern to begin.

Hi guys, I see that the trendline to the upside is already broken on the 1 hour chart.

Pushing it to 2.0! — Currently 1.9720 - 1.9750 ranges. I plan to hold until next week and gonna try it for 2.0 soon by next week perhaps. To pair with my strategy, putting SL around 1.96xx would be wise.

Saxobank is offering forex "option" and also others that include "forward outwright", "place order" and of course "spot". The option that they offered is based on the american style. There are 2 types of forex options: American-style – This type of ...

I earned some more pips through scalping making it totalling about 200+ pips since monday... happy holiday! It's a smooth ride but I expect to short by next week hopefully. The MAs are so steep right now, it's rare to see this and I was wondering if ...

Just took out my TP at 1.9066 and 1.9070... now waiting for the next entry for going short which might not even happen until next week since the signal of the cable is strong for the upside towards the end of this week. I'm just satisfied and I've ...

On my TA, the cable seems to edge higher over to 1.9070 at least... but it's showing that the cable might even going higher. Trying to break 1.9070.... so still struggling hard. I'm still on my positions & ready for TP at 1.9066 or even 1.9070

well, to me it looks like the bears had been pinned down by the bear not going anywhere further but only hunting for their fishes just right within the perimeter (range bound). It's been struggling too hard. However, it's hard to say for sure and it ...

Until the release of the UK retail sales at 9:30 GMT, I think that the cable wouldn't break above 1.8915. Just my speculation and based on the technical picture + method.

However, it's towards the end of the year where the seasonal celebration is approaching (christmas) and based on a typical consumer spending pattern, it's suggested that people would spend more or getting the items now than nearing december. Just a ...