Central Daily Pivot Trading — FJ ............. About this bad trade. One thing I learned from time at forex is "Never Trade around the daily pivot point" At this point the market would take decision after multiple trials around this point. The ...

Forexjedi; Kindly note my attached screen. It shows a dislocation of the signal between your system and mine. Although we have the same signal generated, however, your signal was generated on 1.2618 while mine was generated on 1.2657. do you have ...

Target Profit Projection — Dear Forexjedi; I've a suggestion to a more practical approach of the TP. I use fib projections from the point of entry generated by the signal. I draw Fib. from the point of entry to the recent high/low preceeding ...

My experience with VForce — I've been watching this system since its post and I can tell it's an excellent system and I agree with the author that it provides 80% success rate. In fact, I can also tell that a I'm confident about a signal when ...

4 June: EURO Trade — This trade is an excellent setup. Note the bullish engulfing from the daily S2. This created a long entry signal @ 1.5410 and stop was placed @ 1.5355 with a profit near the hr chart down trendline @ 1.5550. Fortunately ...

3 June Trades: GBP USD JPY — Today's trading was a suspense fun. Two winning trades on EURUSD and USDJPY and one losing trade on GBPUSD with a total of 223 Pips. The winning trades follow the same rules of my style as shown on the attached ...

2 June: Yen Trade — This trade was openned late during friday. Note the bearish engulfing near a strong support line. Entered short @ 105.55, stop placed @ 105.90. The trade evolved to the profit trendline and closed @ 104.10. If I were ...

29 May: EURO Trade — This trade was openned yesterday and closed a minute ago. Note how the price was rejected from a previously tested down trendline. Bearish engulfing occured and a short trade was initiated. Note how the price penetrated ...

Trust the candle with caution — I don't assume all candles are right, but most of them are. I don't tade the Asian session, so eligible candles for entry at that time are not taken. Besides, I don't take candles of body range less than 25 ...

22May: EURO Trade — The attached EUR/USD trade was entered short upon the formation of a bearish engulfing pattern twice. I enetered on the second formation. Trade evolved at 60 pips profit and stop was moved to breakeven. This trade closed ...

21 May:Cable Trade — The following trade is made on a 1hr chart following the formation of a star after briefly touching a support line. This star was confirmed by the next bullish candle. It was interesting that the 4hr chart confirmed the ...

22 May:usd/jpy — Very nice bullish engulfing near a strong support line and Daily S1 level. Position openned @ 102.85 stop @ 102.55 and profit 104. Note how the price penetrated a short-term trendline and stayed above it then continued its ...

Trade Progress — The rest of the position was closed at 30 Pips profit after prices retraces back

19 May : Yen Trade — Another trade today for the USD/JPY using the same approach. Long @ 103.90 , stop @ 103.60 and profit @ 104.65 I believe that this trade was a bit risky becuase it relies only on short term trendlines on the 1 hr chart and ...

19 May: Cable Trade — This is a very good trade setup for today according to my approach. On the attached chart note the two lines drawn on the 1hr chart. The resistance line is made from the 4hr chart and the support line is made from the day ...

Pros and Cons about the approach — My trading approach has the following advantages: The accurate chart DISSECTION gives me different levels of relative price movements. At only those levels, I watch the market changing forces. This approach ...

Excellent Trade Setup — The following chart is an excellent trade setup on GBP/USD using both 4hr and 1 hr time frames. The trendlines shown on the screen shot is made on a 4hr chart which represents a down medium term trend. Note the long ...

Well, as long as you would take those trades, then we are on the same thinking pattern. However, I'm not familliar with the Dow theory and I just perform well with technical analysis on the mentioned time frames.

The first chart — My first chart would be on 1hr USD/JPY. This chart belongs to last week activity. Trade No. 1 ........ Bullish englufing on rejection from a major support level on the 4hr chart. Exit happens near the 38.2Fib on watching a ...