Agreed. Is in my trading plan to Never Trade NFP days.....the probabilities of getting stopped are far greater. I did some back testing on Cable/Euro/Swissy and NFP days don't give positive expectations the way I trade. Each to their own, but not ...

You need to "untick" the ray option in the "/" trendline tool. Just Double Click" one to highlight it and then Right-Click, select trendline properties. Once done the next one you draw will pick the same options...e.g black, double thick etc ...

Cheers......lesson learnt me thinks......I was focusing too much on the 4H down trend.Made most of it back this morning on EU (not sonic, harmonic trade). Thanks for answering. Neil

EU: — Ok so this was a wrong trade: EP:1.3108 SL:1.3132 TP1:1.3086 (ignore scale on the chart TP is just off it) TP2:1.3064 Look good at the time. 1H & 4H trend down. Was done about 1:45h after the USD Job data. What there anything wrong? Was ...

Hi TAH....did you not get stopped out earlier on in the day? Regards

My S&P 500 Interpretation — For whats its worth, I have been using Bob Miner's Dynamic Trader High Probability Trading Strategy and Delta/Matrix for a few years, with great success. e.g attached is how I see S&P just now MC1&MC2. Happy ...

Some more infothis time weekly, showing that you are correct about looking for shorts on the larger timeframe. Even if the EW counts are wrong after a 5 Wave impulsive pattern we should have a corrective A-B-C decline (or complex A-B-C-D-E) that ...

Thanks for the heads up. I guess this is where two people can analyse a situation and come up with different expectations. I use EW for daily charts. There was employment data out this morning and that has caused it to move in the correct direction ...

Nice one Plamer. I will have a look at using that. Any one watching Ozzie Dollar? Bounce off 21ema for a run back to 89sma??? Have a buy order in as the Daily is at a W.C of a possible A-B-C correction and has made a Bullish reversal from the ...

FYI. Here is my take on it from a EW point of view. The W.5.5 of C was very much like an ending 5th wave diagonal in that it wasn't impusive. You could even called it a 5th Wave Failure. Maybe thats why there was a near 1000 pip drop. EW can be ...

Oh and I waited till after the rate decision.........I just added that so I could get to 100 POSTS!!!!!

Swissie From Last Night — Hi all. Been really busy with work/ill child etc so have not had alot of time to trade. Saying that I never actually seen a good setup at the times I could look....until last night. So here it is......a USDCHF long ...

Well, said! I am at the end of my 3rd year trading/spread betting Forex , but have traded shares for many years. Only now am I seeing some small profit on my live account. My demo is 65% up, which I guess is good as I have had that from the very ...

Cable Trade — Here is my trade from last night, which is still open. Longer term analysis IMHO for Cable is lower so I was looking for shorts. I waited to see what would happen after ther open yesterday. Thinking that it might run back up to ...

Same. Swissie came off the daily TL resistance and hit my trailing 1H SL. Another +30pips in the bag so +55 in total. Have a good weekend.

Nice. I traded it's mirror. USDCHF. 1st half closed for 25pips........2nd half trailing it up at close of hourly candles as its Friday. Currently +13pips.

USDJPY — Anyone take on TCs that formed on the Yen the last douple of bars. I know Phillip Longed this yesterday for +31, but is the trend not down???? SL seems small, back to 21ema is about 30 pips

Yeah, thankfully over the years I have learnt to be patient.......still a rant sometimes helps!

Why do I keep missing stuff this week!!!!! I missed the moved down which I commented on yesterday. We then get a nice tail off the 200sma, a morning star with the next 4H candle (not the best confirmation candle), then a move above the 89sma(better ...

The EURUSD and USDCHF pretty much go opposite of each other. So if you long the EURUSD you can Short the USDCHF. (Swissie is slang for USDCHF) Toodles