keep it simple — Hello, I sensed some serious frustration in your post and so was compelled to reply. I was like you, I used to spend hours on this forum, hours on the charts, flitting from one trade room to another online, looking for the ...

Great question — Each trader has his/her own way of qualifying a trading system. Personally I use micro lots to test a new system, I rarely demo anymore. But if your account is small then demoing first is recommended. The moment that I became ...

outside bar on GU 4h — Looks like an outside bar on GU 4h, mine closed 2hours ago..

GJ 4h head and shoulders — GJ 4hour chart, head and shoulders pattern identified, in pink. Measure the head to the neckline of 600 pips, neckline is 145.50. Target points directly to the monthly pivot point at 139.50, also the 23.6% ...

well said! i wonder how many desperate folks are entering into the forex world as newbies now as unemployment rises month after month. i truly hope all of us continue to follow this great advice, no matter how much we may want or need BIG money ...

GU 4h channel still in play — GU up channel still in play but now we are seeing momentum topping and possible negative divergence building. monthly R1 at 148.50 held today high perfectly. Could be ready for some retracement to ready for the ...

UJ triangle and inverse h&s broke — This pattern broke to the upside with price near 100. The inverse head and shoulders pattern target points to 103.50 area. I am flat for the weekend but sunday night may reopen longs. Dow broke above ...

UJ daily triangle — Uj daily triangle. The ADX is showing that price is getting ready for a new/next trend. Could be several days for a breakout though. cheers.

UJ daily triangle and ADX clue — Here is the daily UJ chart showing the current triangle formation. The ADX indicator is showing very ready for some breakout, the yellow trending line is near 20. wait for the break of this triangle to confirm ...

triangle broke to the downside, entered S @ 141.96 for +93, entered second S @ 140.98 for +126. 139 is 61.8% of the upmove from 135.50 to recent highs at 145. so far nice price bounce there perfectly. today's close will be important to see if price ...

GJ — Fib from Wed low to today high. Added upper trendline showing the new triangle. break out of this triangle to the north should target 145 area. breakout to the south should target first yesterday low at 141, then potential for 140 area. ...

UJ trendline break — UJ daily has broken its down trendline. Price expected to test 99.00 then on to 99.65. This should pull GJ up.. as long as the TL holds support.

A second inside daily candle on GJ closing.. Friday could be a doozey. That TL will tell us the direction.

inside daily bars on GJ and UJ — Inside daily bars on both GJ and UJ. Safest play to wait for a break. Up trendline was tested today and held. Below this trendline points to weekly resistance near 140.00. Break of today's high will negate this ...

this trade plan got tossed to the wind in asia trading today. i managed to make 3 trades during NY on this pair, 2 fading short trades for +50 each. and 1 long trade with the short term trend, +50. +150 total. cheers

GJ weekly M4 pivot held to the pip — GJ weekly m4 held perfectly the high today, 141.83. Today is closing as another green candle, however, since M4 pivot is often a reversal pivot, there is potential to the downside for short trade. Another ...

day trade today for longs, +70 pips with entry at the 50ema near the daily pivot, 1.4483. Monthly pivot at 1.4450 is holding nicely..

i like the way you guys THINK. have a nice weekend. cheers.

harami — what do you gents think about the harami on the daily ? formed at the top of the daily bollinger too. could be the beginning of more down, eh..

trade idea for sunday night, GU — done trading for the day but just looking at the GU chart, there is a down pointing wedge that comes to a point near the 61.8% of yesterday's up move. Couple that pattern with the 1.4335 support line that was ...