Hey thanks a lot!

THAT moment.... Patience, Patience....

What immediately would stop me from trading this setup is this major trend line that was just broken. And expectedly the last bar stopped right onto it... Plus, there's extreme chop on the downside. So big NO NO for me.

I don't see anything wrong with R:R lower than 1. We don't play bingo here. We play high probability set ups. You don't need to play out odds, you just need to be picky. That's my thoughts on the R:R only though, that does not mean that I think this ...

Hey mate, I've been keeping that pending order below the first pin for a whie. I know that FTA is pretty close, but for me this is much long term trade mainly because the look on the weekly: So I will be looking for another touch of the down side of ...

Hey mate, With risk to be 'boo'-ed by the seniors, I will recommend not to read the whole thread. yes there are many many many useful posts, but there's also lot's of clutter. Instead, here's what I would do: 1. Find the users that seem to be most ...

What I like about this trade is that it is off that major major PPZ 95. Nice one Ghous!

Don't fall into the pit of the high RR seekers. The set ups we trade here are high probability so RR does not really matter at all. High RR is important for automated strategies where you just need to play out the odds. We don't trade odds here. We ...

both TP's hit for about 3.5% gain in total

Surprise, surprise, price bounced back from the 86.00 level (and the trendline). Did it do something unexpected? Certainly not. Is PA majical? Nope. Quite simple. Wish a relaxing weekend to everybody!

Well it's me against you I guess I've entered long today, based on the engulf bar that closed above the 86.00 level. Unlike Mike, though, I see the trendlines in a bit different way. But that's the beauty of forex, isn't it. We both can be right ...

Now here are a couple of trades of mine that I took overnight. First is AUCAD with a really nice strong close above the trendline and the .96 BRN Then there's that same wave but in the USDCAD. This one was much risky so stop is moved to BE already. ...

Thanks! I've got it!

Hey Mike, could you please elaborate on the wick entry methodology?

Asking those kind of quiestions and playing on the H1 are two things that kind of contradict eachother. Stay on the Daily, mate!

Wow Dan, you must have had really tight stops.... Do you directly trade the breakout or wait for a confirmation/pullback? What I've found to work for me is if I trade a breakout on a smaller TF to wait for the pullback. However I don't do this on ...

Don't forget to ask yourself some important questions: Where is the first trouble zone? (hint 1.8300) What will you do when the price reaches it? Will you be able to move stop to BE when this happens? If not, will you be surprised if price bounce ...

Here's what I have on my watchlist. First is GBPUSD. Really nice 130 pips rejection bar off the 1.6500 level. FTA @ 1.63 level, but not too strong. Next one is at 1.62... which gives overall nice R:R perspectives. Then is AUDCAD. This consolidation ...

Sure Dan - it went exactly where it had to... no surprises.