Here is an indy that may be of interest to those that trade this strategy

Pretty slow week. Nothing is really moving. Oh well

OK...first support level has been identified on EURNZD. Now we wait for a nice break of that level or a break and a re-test and rejection showing that support is now resistance and price will be looking for a new lower low.

NZDUSD starting to set up for longs on the break of the resistance or a price action signal off the 20 EMA.

Big rejection candle after that large bearish candle. I have a sell stop below the low of the candles to catch a move to the downside now...if it comes. I will be really surprised if there isn't a nice strong move down after these last two candles. ...

Potential trade set up on EURJPY on the close of the current candle in a couple hours. Some good confluence here rejecting the recent support level and the 118.500 number level. Don't chase price...this candle needs to close to confirm the bearish ...

AUDJPY and NZDJPY stopped out for tiny profits as price looks to be changing direction - saved myself 2R loss there by trailing my stops. The dilemma with trailing a stop is that it may take you out of a trade that would otherwise have gone onto ...

Not quite sure what you are asking me. Those are some busy charts you have going on.

The EMAs are the 3, 5, 8, 10, 12, 15 and 20 period.

EURUSD is a complete mess so I am not even looking at it these days. GBPJPY uptrend is now damaged with a big move below the 20 EMA and the Guppies are all converged so I will wait until either the down move starts to show strength or the uptrend ...

Here is an example of how I use the EMAs to determine the conditions I want to be trading in. This chart only shows the EMAs and it is very clear when you should be trading and when to stay away. I only want to be trading when the EMA's start to ...

These are my trades still going from last week:

Here are the pairs and levels I am waiting for set ups on this week. Primarily rejection candles at the circled areas but also for inside candles or rejections off the 20 EMA. Lots of nice trends going into this week

Thanks. Oh, that is a custom indicator I had programmed that shows me rejection candles. Basically if a candle makes a higher high than the previous candle and closes lower than its own open I will get a signal or if a candle makes a lower low than ...

Here is a video showing how I am trading now. It is really simple and straight forward probably the easiest trading I have done. Basically I have taken traditional support and resistance ideas and really narrowed down the levels I am trading to the ...

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[quote=RichardB422;12516168] Yes...they are entirely unnecessary. At the end of the day they are all lagging derivatives of price and tell us nothing that the charts are already showing.

I suppose that’s an accomplishment in itself

The last two weeks I have been avoiding the forums here for one very simple reason - distraction. Swing trading is a pretty boring process and when the mind starts to wander it can get itself into trouble. So I would often find myself looking ...

I sure hope no one is trying to trade EURUSD these days