cool - tx!

Hi SP - I actually referred to last months ECB trade on EU (the 2nd of May) as a failed trade taken with this method and the question on the stop and reverse was also with reference to that day.. Tx.

Hey SP, Do you ever do a stop and reverse on NFP? Last months ECB announcement produced a failed breakout trade on the EU. The next few bars then started a sell-off. With this method you would have been stopped on the long at that time and the short ...

UJ had a very nice test of PLOD for a long...

Thanks you Chris, Given all the sweat and hard work that you put into crafting a working method it is very generous of you to share it here. Pity that it will probably only be internalised by a small hard-working minority as most are not prepared to ...

Hey Chris, Been monitoring these levels along with my own trading charts and so far I am happy to say that they do indeed rock! I tried googling info on this approach and have managed to scan through your linked docs. Seen quite a few math formulas ...

I have that as a test of the weekly close? Been short that all morning as well, holding for plod. Just managed to finish reading the whole thread - a real gem! The real gold is not as much in the method as it is in the money management, position ...

Thanks Chris, it does indeed help.

Chris, Thank you very much for taking the time and effort to draft such a detailed response. Respect! I am really looking for a very generalised idea of what kinda R return you manage to churn out with your execution of this approach. I would ...

Hey SP and others, Discovered this thread on Friday and am spending the best part of the weekend reading all the posts. Only on page 50 now. I am a very experienced fulltime trader using a more complicated approach based on trendlines. The ...

Posting my daily chart here, since I referred to it in my previous post. Looking at this, any upside potential has to be limited , at best. Weekly chart shows room for down side, daily shows we are at resistance. Sniper

Morning, I see a lot of traders here trying to ascertain the next move and especially looking for longs at this stage due to the "uptrend" The weekly chart shows clearly that there is no trend - the "uptrend" on the dailies was a move from the ...

Let's map out the levels a bit. Target 1 is at 1.3006, take some off here and move stop to breakeven, Target 2 is at 1.2928 - take more off here and move stop to 1.3006 Final target is at 1.2862, close it all here.

Finally started moving - no stop move as yet.

took a stop on this long. short at 1.3080, swing trade - target tbc

Long EU at 1.3106 here - target 1.3160.

Still in these trades - Should amble down during the morning.

Been reading all the comments about crap pa etc. The market is actually very well structured and full of clues about where to enter and exit. It just requires work to figure this out and apply a strategy to profit from this. The upward move today ...

eu long term diretion — This last move confirmed bullish trend for the next week or two. Add to longs on pullbacks...

EU short — Good area to short eu right here - nice risk/reward...