Buying? Really? LOL!!!

AUDNZD becoming less clear. Daily is long but H1 is now looking bearish especially with the H1 making LHs and LLs.

NZDUSD Daily and H1 are lined up and producing nicely for those that took advantage.

I was stopped on a buy stop on EURJPY last night. The green arrow on MACD show it was bullish and the MAs were in line on daily and H1. However, On H1 price had begun a LH, LL scenario so although one doesn't have to wait for trending behavior to ...

Managing a trade is a topic for which little is said. Unfortunately I'm not one to venture much into the topic either. One's money management is where the answer lies when it comes to managing a trade. Quite simply one wants the trade to move in the ...

AUDJPY is lining up for a buy. Daily meets criteria. Here's 60 minute

I added another NOTE to post 1. NOTE: Trade entries should occur at or very near the time of the H1 MACD cross.

GBPJPY lining up for a buy

Trades occur only in the context of a proper H1 setup and only if the Daily setup is present. H1 will very likely change well before the daily setup changes. Once a trade is in progress the H1 should be used to monitor the ongoing trade. Therefore ...

My exits are generally R:R based. I strive for a minimum of 2:1 but prefer 3:1.

Current GBPUSD

Daily setup occurs when Daily 100 EMA crosses below Daily 200 EMA and Daily MACD crosses down. Now we go to H1 time frame. H1 setup occurs when H1 100 EMA crosses below H1 200 EMA. Sell when H1 MACD crosses down. As long as Daily setup is intact one ...

The 20 minute EURUSD is clearly uptrending with 50% fib retracements being fairly reliable. The 200 MA has also been valuable.

Thread bump! Nostalgic. Perhaps worth a look again.