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- mike w replied Aug 12, 2013
I would also allow the eur/nzd look to get back into the eur/nzd setup as it closed bullishly on the 4 hour charts at a large form of support.
- mike w replied Aug 12, 2013
Outcomes from last night's and today's SFP setups. I would allow the eur/jpy and chf/jpy to run. These got to the first trouble area and so I would take some off the position and scale back in as price retraces to the initial entry to minimize ...
- mike w replied Aug 12, 2013
I've spent the past 18+ hours studying and documenting these SFPs. This stuff is legit. Now it's just getting the belief that they work. That's the biggest part. If you're having trouble believing in the methods you use, I'll be posting up some ...
- mike w replied Aug 12, 2013
We have another possible SFP on the close of the aud/usd. Keeping the eyes peeled. This one is in confluence of the larger term daily resistance as well. Just pop up a daily chart and you'll see what I mean. The other two trades on nzd/usd (NZD came ...
- mike w replied Aug 11, 2013
SFP on 4 hour.
- mike w replied Aug 11, 2013
I am NOT actively trading the SFP until I have a positive belief in it. There's a thread titled Fail Better, which is in the commercial section at this point, and this is what introduced me to this setup. I find that it is in direct opposition of my ...
- mike w replied Aug 11, 2013
Hey guys, been quite a while since I've posted in here. I've taken Jim's (Jarroo's) method and have been quietly plugging away with it along with my normal methodology of trading at the 20 EMA dynamically. Simple stuff and I'll go into it again as I ...
- mike w replied Feb 14, 2013
Hey everybody, just dropping in to say hi! I hope everyone is doing great here, it's been a while since I've logged on to see ya. Still doing what we've always done and been taught to do. For the new guys, stick to the basics. It will carry you far ...
- mike w replied Oct 29, 2011
Hey, how's it goin Demoreal? I counted 3 that I would have traded on this chart (Of the 3, one was with the trend). You have to wait for the pins that have all the right symptoms of a good setup. Most of the ones you posted were not divergent in ...
- mike w replied Oct 19, 2011
Not speaking of crosses (They, like everybody said, will tear you down in times of range and create late entries in times of trending), I use the 20 EMA daily. The 20 has been my bread and butter for a very long time. I've used variations and always ...
- mike w replied Jul 8, 2011
Potential setup on Aud/Jpy on the 4 hour timeframe.
- mike w replied Jul 8, 2011
Check out the price flip to the far left. This one has potential AFTER THE BREAK. Before price breaks a bar high/low, you're really just trading the range. Once it does, you're trading momentum. Momentum is a lot more profitable.
- mike w replied Jul 5, 2011
What's up ladies and gents. Two reasons I'm posting right now. This method coincides with what I've used for years directly. Secondly, I've always been an advocate for higher timeframe trading until recently. I'll keep this short and sweet. I'd like ...
- mike w replied Jul 4, 2011
Hey everybody, hope everybody is doing good wherever you're at in the world. Here's a thought for the new guys and girls that might be trading today. Today is a national holiday for the United States and there will be really low liquidity in the ...
- mike w replied Jun 30, 2011
Eur/Aud looks solid as a bounce trade on the hourly timeframe. I think I'll start posting potential setups that I see 5 to 10 minutes before the hour closes up.
- mike w replied Jan 17, 2011
And it's some of the best advice you'll receive here at that Happy Birthday Ghous! Do it up right brother, 21 flies by.
- mike w replied Dec 20, 2010
Wow, the difference a few years can make! It's funny how one idea can spark a movement in you and transfer you from losses to gains. This post is actually hilarious to me now, looking back on it. Anybody that needs to get their morale up, get to ...
- mike w replied Nov 19, 2010
Here was a pretty decent setup on the usd/cad from yesterday that I got into on the retracement at 1.0180 and then added to again at 1.0200. My first thought on this is the previous high point of 1.0235. If we surpass that point, I'll be holding on ...