Looks like we have a diamond in the process of formation on EUR/CHF. I will attempt to catch the second approach of the narrowing triangle, against the direction of the main diagonal. SL placed above the high of the main diagonal, entry you can see ...

Stopped out. The formation might still become something, a wedge or a diamond. image

An early diamond buy order. I have placed the stop outside the low of the main diagonal. Looks like we have a bigger diamond, so I guess it might make sense to close and reverse the position as soon as the upper border is broken (at 1.3335 would be ...

Don't really know, but the fact is that I was provided with opportunity to reverse, and so I did. When it actually happened I felt discouraged and "beaten up", but now I think that this is one of those times when a freak situation like this occurs ...

Because the range was small enough, I kept placing the stop with a reverse outside the day's range, and was stopped out for a total of three times. Ouch. The market eventually made a clean touch before finally going downwards. image With this ...

The divergence was filled after the bottom border was broken. What we can observe is that the middle touch of the top border is not ideal, thus perhaps hinting that a similar inaccuracy will happen with the bottom border, penetrating it slightly and ...

Here's a setup I'm not taking. A wedge with fully formed upper border, providing an opportunity to buy on the 3rd approach of the bottom border. However, there is a divergence against this idea, which is the reason why I'm only watching this. It ...

Hey Niteshift! I'm here, just lurking around. It's just one of those times when you fall back and reflect on your life, look where you are and what you need to do. I get these once in a while. Anyway, I'm back next week. I wish you happy holidays, ...

USDCHF sell order. Stop above the session's high. Sell order below yesterday's low. Trade will be against the MMOW but with the MMOM. The top and bottom borders are not parallel, but the formation is slightly narrowing. I could buy right now with a ...

Sell stopped out, and reverse stopped out. Using H3 did not pay off this time. image image

Thanks to Mr. C for pointing out the comb on EUR/USD. Because my platform only has H3, and no H4, the comb looks a bit different. You can see the order on the chart, the stop is above yesterday's high. image

And if that's not enough it also made a perfect touch on a descending TL. image

Got greedy and was punished accordingly. Actually, it looks like there was an 18.3 in the opposite direction, giving me a clue to close and reverse, but the time was a bit early for the template, and I wasn't at the PC at the time. image Next ...

Because the day's range was only 55% of 44ADR (42 pips), I choose to let the trade run for a longer period of time, and I'm moving the stop to almost BE. It's a free run now. image

A break happened while I was sleeping, and to place a stop below the false break after the price went back on the TL, a 60 pip stop would've been required. While that seems excessive, it is only roughly 30% of 44ADR. Now, let's see if it fills the ...

It broke in the same direction as the main diagonal, and thus went without me. The left upper side and the right bottom side look similar with their symmetry. image

I'm moving the stop above the day's current high, reducing my risk. Not exactly BE but good enough. image

Just applied 18.3 on USD/JPY. I'll leave the trade run until the end of day. Stop - 83.1. image

I'd like to sell the break of the following trendline, as it would give a stop outside the day's range. However, there is a divergence pointing to 1.556, so instead I'm going to wait for a false break, and buy it when the price jumps back on the ...

Next target - buying the break of a diamond, in the opposite direction of the main diagonal. Unfortunately an intraday stop will have to be used. The diamond is at a very nice location. image image