The preceding high of this Low hasn't been taken out. I think it could still go back to the 61.8 range.

I had drawn a FIB also from the first light blue diagonal line down and it retraced up to where I pasted the second line. I had removed it for a clearer picture when posting on here. I added what I was seeing back onto the chart.

Could you tell me if this appears to be valid drawing of a fib retracement? Thanks

Hi Mr. Pip (Damien), Are you going to be recording tomorrow's session so I can watch it after the trading session? Not sure how but today was the first day I've discovered your thread and I've been around Forex for a while. (in and out of course ...

How many are long for 1.10 ? Who is shorting to fill the gap from one month ago? I just placed a trade with a S/L above the 1.10 level aiming for 1.08 gap. Target of 175 pips that's an idea without any indicators or lines. Just based off the often ...

I want to say of course you can and some may even benefit from not having charts visible. If I was challenged to just use open/close and know previous days data, I'd start buy only trading Long if the price is > then open and Short if price is < ...

This was one of the posts I was referring too as well.

After reading this thread up to page two and not looking any further... I'm willing to say you are in no different of a spot RIGHT now then you were 5 yrs ago and also when you started this thread. Somebody 'Erebus' offered you a challenge to 'test' ...

If you stick to 2% risk you allow yourself many more chances to earn. Really do the math $2000 account, trading a mini account you can add to your account at a decent rate. You will not win the fxcm monthly contest, but you'll be around for next ...

I'm long eurusd and oil options on the weekly close tomorrow. Looking for $1 higher on oil and as of right now another 60 pips on eurusd. My intention is to rise oil up if it happens. I like the theme of this thread.

Just recently opened an options account. Gosh, Now I remember why I attempted Forex. So many different symbols to look after. What strategy are you guys currently using? Actually what did you start with. I looked at the first 10 pages of thread and ...

Looking to cover my short 1.3180.. Then we will see what happens back at 1.32 level. Think its going to do a quick stop clean no matter what.. just has that action

All of those questions will be answered when you find a system and setup you feel comfortable with. Target is usually determined by a risk/reward ratio. If your trades are only producing 50% win rate. You know that your risk reward has to be atleast ...

I agree with that statement. On a daily basis, I noticed during the EST Lunch time U.S. session price goes sideways.

This recent downward move was done with strong momentum. I will be looking to Sell the retrace upwards now. Upcoming week should be interesting with the Presidential Election on Tuesday.

Hugh ; First off, I really like your signature quote! Barry on storage wars is quite the guy... Although, my wife and I can't figure out, why whenever he finds something of significant value he decides to keep it. lol. Onwards: Current Daily Chart ...

How did this system preform prior to the month of May?

Sold my EurUsd Long from 1.30001 at 1.30413 + 41.2 pips. Risked 20 pips on the trade.

Still long from 1.30 roundie. I have trailer TP. Little weary of news

Why didn't you 'trade' the failure signals in that chart? Hindsight is 20/20 .. Not discrediting the method but your charts, you are sharing are not complete. You are cherry picking the signals to show.