Bulls make money, Bears make money. And Pigs get slaughtered.

In this journal, as per my trading style (support, resistance and pivot points), I will outline my trade plans and ideas for the GBP/USD currency pair throughout the day as I see opportunities but mainly at 00:00GMT. The odd USDCAD trade plan, or any other pair, may appear here as well.

I use simple support and resistance levels combined with pivots and fibonacci retracements to ride the current trend or trade against it. I am a pretty active poster in the Cable Update (GBPUSD) thread. Stop by there for some good insights from others.

I ask that you please do not post here. I will increase the voucher limit to post if anyone posts useless garbage. The odd hello or praise/criticism is welcome but please don't chat here. Come for my views and opinions and feel free to PM me any questions. I want to keep this thread simple and clear.

Enjoy!

End of week/month charts.

Trade plan for London session will be posted 00:00GMT on Sunday.

Here's a USD/CAD trade I am planning to take. See the chart. If interested, check back if price breaches 1.17 as I will post likely levels within the sell zone to initiate the short trade.

Classic range breakout re-test. Sell between 6210/30. Target 5800.

Shorts taken at 6195 and 6210.

SP500 and DJIA lower and have broken neckline supports on their Head and Shoulders patterns as of 10:25 AM EST

Two charts here. I'll be updating the USD/CAD pair as well daily as we approach the sell zone.

EDIT. 1 more. GBPJPY ... too hard to ignore this one.

nice work jack ...good luck on yur trading journey

It more lucrative than ever now! I've found my strategy and my calls have been spot on for a while now.

Good to see you back. It's been a while!

In response to the DJIA head and shoulders pattern.

Possible U/CAD long setup in the works.

See charts.

H1 --> 1.0340/70 region bounded by weekly pivot and 61.8% retrace; visible stalling around these areas as well if you follow the white boxes to the left

H4 --> this zone can be seen here as well.

The plan is to buy within this zone on a confirmed bounce using a 1-2-3 setup on the 5-minute chart. See below for explanation.

Good luck and use a stoploss.

subscribed !

bumping up ur thread jack
just pls join us here:

http://www.forexfactory.com/showthread.php?t=199926

i have always valued ur h4 and daily setups !